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Random News from Mining Top News

Lehman Raises Oil Services Price Targets

A Lehman Brothers analyst raised his price targets on 37 companies in the oil services and drilling sector, seeing a strong recovery in 2008 and 2009 for North American natural gas drilling along with significant international growth over the next few years.
Analyst James Crandell’s top picks in the sector are Weatherford International Ltd., Halliburton Co., [...]

Crude Back Up After Early Losses

Oil prices settled higher, rebounding from earlier losses on reports that Nigerian oil workers are about to strike, and investors focused on a surprise decline in gasoline inventories last week.
Retail gas prices slipped slightly for a second day, a sign that falling demand may be affecting prices and that prices at the pump may have [...]

Great Western Exploration Commences EM Survey Over Forrestania Nickel Prospects

Great Western Exploration commenced a 75 line km ground Electromagnetic Survey carried out over the Mt Gibb and Hatters Hill projects in WA’s prominent Forrestania nickel region. The survey is designed to identify targets for deep drilling to establish the potential for new discoveries analogous to the Flying Fox and Diggers South nickel ore bodies. [...]

Gastar Exploration Ltd published its 2nd Q earnings

Gastar Exploration Ltd is going to publish a report on its Earning. it will release its second quarter 2008 results on Monday, August 11, after the market closes. In conjunction with the release, Gastar has scheduled a conference call for 9:30 a.m. Eastern Daylight Time on Tuesday, August 12, that will be broadcast live over [...]

Mining law a dilemma for Sen. Harry Reid

Senate Majority Leader Harry Reid of Nevada, a gold miner’s son from the top gold-producing state in the nation, is confronting competing political interests as House Democrats prepare to rewrite an antiquated hard-rock mining law.
The minerals mining industry holds huge sway in Nevada and industry is balking at some of the most far-reaching reforms. Reid [...]

Nickel and tin strike new highs on supply woes

Nickel and tin hit new highs amid supply-side concerns and continued thin trading conditions as Chinese players celebrate the lunar year.
China is expected to resume trading next week.
Tin hit a new contract high of 13,850 usd a tonne amid falling inventories and continued concerns over supply disruptions in Indonesia.
Meanwhile another drop in LME stocks sent [...]

Statoil cuts 95,000 barrels per day at North Sea oil and gas field for five months

Norway’s state-controlled oil company Statoil ASA on Friday said it was cutting production at its Kvitebjoern field by the equivalent of 95,000 barrels of oil per day for the next five months as part of a reservoir management and drilling program.
The company said it decided to cut production in half at the North Sea field [...]

Uranium Hunter Information Now Available Through Standard & Poor’s Market Access Program

Uranium Hunter Corporation (OTCBB: URHN) (“Uranium Hunter” or the “Company”) is pleased to announce that it has been approved for a listing in the Standard & Poor’s Corporation Records publication.
The Standard & Poor’s Market Access Program ensures that key information about a company is always at the fingertips of investment decision makers such as brokers, [...]

Petroleum corpns, LPG companies workers procession on demands

Members of the CITU led confederation of workers of petroleum corporations and LPG manufacturing companies (Tamil Nadu and Puducherry) took out a procession today to draw attention to their demands.
Among other things, they are demanding rationalisation of wage structure of permanent workers, regularisation of contract workers and also steps to protect public sector oil companies [...]

Ekarat solar plant at full capacity by 2009

Ekarat Engineering Plc, a SET-listed transformer and solar-cell operator, will invest up to 800 million baht next year to purchase equipment for its new solar-cell plant. Chief executive Kietphong Noichaiboon said the new plant, operated by its subsidiary Ekarat Solar Co Ltd, was located in Amata City Industrial Estate in Rayong.
The new facility should start [...]

Tag: ekarat solar, doug christopherson cortland