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Random News from Mining Top News

South Texas Oil Company Provides Interim Operations Update

South Texas Oil Company provided an interim operations update and asset overview. With the appointment of new management in late June 2008, the Company has clearly defined its core operating areas and plans for growing production and reserves.
Overview
South Texas Oil is an independent oil and natural gas exploration and production company with three core operating [...]

Tag: oil drilling report south texas, texas oil wells for sale, south texas oil exploration, south texas oil company, oil companys drilling in south texas

Riverstone Completes Acquisition of Seajacks International

Riverstone Holdings LLC’s most recent renewable energy fund has successfully completed its previously announced acquisition of Seajacks International, for a total cash consideration of US$207 million.
Seajacks is now wholly-owned by Riverstone and the management team.
Seajacks currently owns and operates two self-propelled jack up vessels out of Great Yarmouth in the United Kingdom: the Seajacks Kraken [...]

Tag: seajacks international and riverstone, seajacks news, riverstone completes acquisition of seajacks international, seajacks international, seajacks acquisition

Belvedere awarded Environmental Permit for Luikonlahti Mine and Concentration Plant

Belvedere Resources Ltd. announce that the Eastern Finland Environmental Permit Authority has today granted an environmental permit for mining and ore concentration at Belvedere’s Luikonlahti Mill complex in eastern Finland.
The mill was purchased by Belvedere in October 2007, and when re-commissioning is completed, will form the nucleus of the Kotalahti Production Centre in Central Finland. [...]

Rio Considers Iron Ore Expansion on `Tight’ Market

Rio Tinto Group, the world’s second-largest iron ore exporter, is studying expanding annual production of the steelmaking ingredient by 36 percent in Western Australia, amid “tight” global supply.
Output may rise to 300 million tons from 220 million tons in 2009, Chief Executive Leigh Clifford said at a press conference in Perth, Australia. Sam Walsh, Rio’s [...]

Essar wins licence for Bailadila iron ore deposits

India’s leading steel-maker Essar Steel has won the prospecting licence for Chhattisgarh’s Bailadila deposits, which has one of the world’s finest quality iron ore stocks. This happened after a state-run firm’s lease expired unutilised.
The central government has approved the Chhattisgarh government’s proposal to award the prospecting license to Essar Steel for a 2,285-hectare stretch in [...]

Tag: bailadila sale

Gazprom probes Equatorial Guinea for oil and gas

Gazprom, the world’s largest producer of natural gas, and Russia’s largest enterprise, has disclosed that it is considering a plan to explore for gas and oil in Equatorial Guinea.
A Gazprom spokesman told Mineweb that Gazprom’s deputy chief executive, Alexander Medvedev, was in Equatorial Guinea this week, and met the President, the Minister of Power, and [...]

Tag: namibia oil plans 2010

Coal drying technology expanding

Great River Energy will be issuing so-called “Clean Energy Bonds” for a project that affects both its Coal Creek station near Underwood — and the new Spiritwood Energy Park near Jamestown.
Great River will issue $14.5 million in bonds to create a coal-drying facility at Coal Creek. It will remove about 25 percent of the water [...]

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Horsehead Corporation Breaks Ground in South Carolina

Zinc producer Horsehead Corporation, a wholly owned subsidiary of Horsehead Holding Corp., announced it has broken ground at a site in Barnwell County, South Carolina, where it will build a zinc recycling facility. The announcement came at a ceremony celebrating the groundbreaking in Barnwell County.
Horsehead is constructing a recycling facility to process electric arc furnace [...]

Smith International, Inc. Announces Extension of W-H Energy Exchange Offer

Smith International, Inc. and W-H Energy Services, Inc. announced that the expiration date of the exchange offer to acquire the outstanding shares of W-H has been extended until 12:00 midnight, Eastern time, at the end of Friday, August 8, 2008, unless extended further. Based on a preliminary count by the exchange agent for the [...]

Only Half-a-kilometre Of Drilling Left For SMART Tunnel

Only half- a-kilometre of drilling work remains for the Stormwater Management and Road Tunnel (SMART) Project, said Drainage and Irrigation Department (DID) Director-General Datuk Paduka Keizrul Abdullah.
He said the drilling machine “Tuah” was currently operating northward of the city and would penetrate the area in front of the flood retention pond in Kg Berembang, Ampang, [...]