Mineral Hill Industries Ltd. announce that it has concluded a letter of intent with North Ridge Resources Ltd. to enter in an “Earn-In-Option” agreement with respect to the Company’s gold exploration project Praxis Goldfields. Under the LoI, North Ridge will be required to spend a minimum of $900,000 over three years on exploration costs [...]
JED Oil Inc. announces that on August 8, 2008 the Court of Queen’s Bench of Alberta, Judicial District of Calgary, granted an adjournment of the hearing on the previously announced application by a group of the Company’s trade creditors requesting an Order declaring that the Company and its wholly-owned subsidiary, JED Production Inc., be placed [...]
CHINA continues to chip away at the Australian iron ore duopoly, with two Chinese steel producers signing separate offtake contracts with the BHP Billiton offshoot and steel manufacturer, OneSteel.
Taking advantage of high steel prices and a reconfigured mill at Whyalla, OneSteel has signed 10-year hematite supply deals with Shanzi Haixin Iron & Steel Group for [...]
Norsk Hydro Produksjon AS (Hydro) has secured consent to carry out production drilling using pressure-balanced drilling technology from the facility on the Grane field.
Pressure-balanced drilling is a form of rotation drilling in which the weight of the drilling mud column is reduced and the pressure at the top of the well is controlled using a [...]
Alpha Gold Corp. announced that permitting is underway for a 3000-metre diamond drilling program to commence this week on territory never before drilled, in the Kwanika Valley on the Company’s 100%-owned Lustdust property in central B.C.
The drilling program will target an area approximately 50 metres from Alpha’s eastern border with Serengeti Resources Inc.’s (TSX-V: SIR) [...]
SunOpta Inc. announced that it has signed a 50-50 joint venture agreement with GreenField Ethanol Inc., formerly known as Commercial Alcohols Inc., Canada’s leading producer of fuel ethanol.
Both companies will develop and implement commercial scale processes for the production of cellulosic ethanol from wood chips, including the planned establishment of one or more [...]
Bridge Resources Corp. through its wholly-owned subsidiary Bridge Energy Inc. has completed the acquisition (the “Acquisition”) of the assets of Bridge Energy LLC (the “Vendor”) which comprise a 50% working interest in approximately 100,000 acres located in the Boise Basin of Idaho and Oregon and offers a large number of oil and gas prospects (the [...]
State regulators conducting a review of mining equipment found more than 100 defective air packs of the same type used by victims of recent mine explosions in Kentucky and West Virginia, officials said.
Gov. Ernie Fletcher ordered the statewide review after the May 20 explosion at the Darby Mine No. 1 left five miners dead. Two [...]
Exxon Mobil Corporation’s technology leadership in liquefied natural gas or LNG has resulted in an industry breakthrough in carrier design and size, enabling the more efficient transport of natural gas to markets throughout the world. The recent completion of the world’s first Q-Max LNG carrier, named ‘Mozah,’ marks a step change in LNG shipping by [...]
BPZ Energy, Inc. announced that Manolo Zuniga, President and Chief Executive Officer, will be presenting at the IPAA Oil and Gas Investment Symposium West in San Francisco. Mr. Zuniga will be presenting on Tuesday October 3, 2006 at 4:20 PM Pacific Time. The presentation will be webcast live and available on the Company’s web site [...]