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Random News from Mining Top News

Sasol Limited: Encouraging Exploration Results for Sasol Petroleum Sofala

Sasol Petroleum Sofala, a wholly owned subsidiary of Sasol Petroleum International, has completed its first exploration well, Njika-1, in Block 16/19 in Mozambique. The well is located in waters at a depth of 460 meters and was drilled to a total depth of 1615 meters. The well accessed the predicted targets and measurements indicate the [...]

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Gates Fleximak drilling hose assembly increased

Gates Fleximak (formerly ENZED), a 100% subsidiary of the Gates Corporation and the worlds largest belt hose and hydraulics manufacturer, is pleased to announce the release of Gates factory manufactured and factory warranted API approved Grade D and E oil field drilling hose assemblies.
These assemblies are manufactured in the Gates Fleximak facility located in the [...]

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Fraser Institute seeking responses to worldwide upstream petroleum survey

The Fraser Institute, Canada’s leading independent research organization, is soliciting responses to its first international upstream petroleum survey.
Based on the popular Fraser Institute Survey of Mining Companies, the Worldwide Upstream Petroleum Survey is designed to help measure and rank the investment climate of various oil and gas producing regions.
“The information we get from the companies [...]

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Safety pledge as Beaconsfield says mine to reopen by March

BEACONSFIELD Gold’s northern Tasmanian mine, where a rock fall last year killed a miner and trapped two others for two weeks, will be reopened by March, almost 11 months after the accident forced its closure.
Chief executive Bill Colvin promised that safety would be “equal to or better than any other mine around”, after announcing the [...]

Natural Gas discoveried by GeoGlobal Resourses Inc

GeoGlobal Resources Inc published that the Gujarat State Petroleum Corporation the operator of the exploration block KG-OSN-2001/3 (“KG Offshore Block”), has successfully tested 17 meters of perforations across the interval depth from 4,652 to 4, 672 meters total measured depth.
GSPC perforated DST-3 (Drill stem test – 3). During clean-up flow, the following stabilized gas/condensate rates [...]

Bois d’Arc Energy announces oil and natural gas reserves as of December 31, 2006

Bois d’Arc Energy, Inc. announced that total proved oil and natural gas reserves as of December 31, 2006 are estimated at 221 billion cubic feet of natural gas and 20.4 million barrels of crude oil or 344 Bcf equivalent of natural gas, as compared to total proved oil and natural gas reserves as of December [...]

Safety fears raised at coal mine

A section of mine where a worker died when a tunnel wall collapsed on him was being repaired because of safety fears.
Anthony Carrigan, 42, from Thorne near Doncaster in South Yorkshire, died when he was trapped under coal at Daw Mill Colliery in Arley, north Warwickshire.
He is the third worker to die at the mine [...]

Indonesia plans to ban molasses exports to support biofuel development

The Ministry of Industry is proposing a ban on its industry’s export of molasses, the raw material for ethanol, as a measure to support the development of alternative energy biofuel, Kompas reported.
‘I have submitted the export ban proposal to the Trade Ministry and Agriculture Ministry,’ the report quoted Industry Minister Fahmi Idris as saying.

Central Sun Expands Potential Production Pipeline With the Cerro Quema Property

Central Sun Mining Inc. announce that it has regained majority control (60%) of the Cerro Quema gold property in Panama.
Peter Tagliamonte, President and Chief Executive Officer of Central Sun, commented: “We are very pleased with the return of the Cerro Quema property. Central Sun intends to immediately review the geological, engineering and construction work that [...]

Beacon Redevelopment Industrial Corporation Provides Update on Coal Mining Projects

Beacon Redevelopment Industrial Corporation announced that it’s wholly owned subsidiary Beacon Energy Corporation entered into negotiations to purchase additional coal rights and the finalization of previous negotiations.
As previously announced, Beacon Energy Corporation announced it had negotiated to acquire a 950 acre mining property in Western Pennsylvania. After further investigation and negotiations, the company has entered [...]