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Random News from Mining Top News

U3O8 Corp. Receives One-Year Extension on Its Reconnaissance Permits for Uranium Exploration in Guyana

U3O8 Corp. announce that the Guyana Government has granted U3O8 Corp’s wholly owned subsidiary, Prometheus Resources Inc., a one-year extension on the company’s Reconnaissance Permits for uranium exploration in Guyana. The Reconnaissance Permits (technically termed “Permission for Geological and Geophysical Surveys”) provide U3O8 Corp. with exclusive exploration rights for uranium on its Reconnaissance Permit Areas [...]

Atwood Oceanics Announces Conditional Exercise of Option to Build Ultra-Deepwater Semisubmersible Drilling Unit With Jurong Shipyard

Atwood Oceanics, Inc. (Houston based International Offshore Drilling Contractor) (NYSE: ATW) announced today that its wholly-owned subsidiary, Atwood Oceanics Pacific Limited, conditionally exercised an option to construct an ultra-deepwater semisubmersible drilling rig to be built based on the Friede & Goldman Ex-D Millennium Dynamically Positioned Semisubmersible rig design with Jurong Shipyard Pte. Ltd. (“Jurong”) in [...]

Qatar Petroleum, ExxonMobil Ink Study

State-owned Qatar Petroleum and ExxonMobil Chemical Qatar, a subsidiary of ExxonMobil Corp., signed a deal Sunday to conduct a study to build a US$3 billion petrochemical complex. The proposed complex, which would be built in the Ras Laffan Industrial City, would produce 1.3 million tons of ethylene, 570,000 tons of low-density polyethylene and 420,000 tons [...]

Provident Energy to Acquire Alberta Asset Package for $476 Million High Quality Assets Strengthen Canadian Oil and Gas Production Business

Provident Energy Trust (Provident)(TSX:PVE.UN – News; NYSE:PVX – News) today announced that it has agreed to acquire a package of natural gas producing assets in the Rainbow and Peace River Arch areas of northwestern Alberta (the “Rainbow Assets”) for a total estimated purchase price of $475.9 million after adjustments. Current production from the Rainbow Assets [...]

Tag: boyer alberta area gas

Uranium 308 Corp.:Company Updates on Progress of Drilling Program at Janchivlan, Mongolia

Uranium 308 Corp. announce the resumption of its drilling program at Janchivlan, Mongolia, about 70 kilometers southeast of Ulaan Baatar (see previous update in news release dated July 24, 2008 at www.uranium308corp.com).
Diamond core drilling resumed after the drill rig moved to the North Block target area on August 19, 2008 with one drill rig. [...]

India: Iron ore production doubles in 5 years

Iron ore production in the country has almost doubled during the past five years, with the private sector’s share in total production showing marked improvement.
Exports up 260 pc
Exports also have gone up by around 260 per cent during this period, according to the figures placed by the Ministry of Mines in Parliament on Wednesday.
According [...]

Anglo Swiss Resources Completes Metallurgical Study for 93% Gold Recovery at the Kenville Gold Mine

Anglo Swiss Resources Inc., announces that G&T Metallurgical Services Ltd. of Kamloops, British Columbia has completed a Metallurgical Scoping Study for the company’s Kenville Gold Mine Project near Nelson, British Columbia. G& T Metallurgical Services is an integrated mineral process research and development company with laboratories for sample preparation, mineral processing testing, mineralogical analysis and [...]

Tag: anglo swiss encore, kamloops metallurgical, new afton mine employment, apply to kamloops new gold afton, new afton mine kamloops bc

Top Seven Petroleum and Petrochemical Equipment Development Trends in China, an Industrial Info News Alert

Researched by Industrial Info Resources (Sugar Land, Texas). According to information from China Petroleum and Petrochemical Equipment Industry Association (CPEIA), the eleventh five-year plan period marks sustainable and rapid growth in China’s petroleum and chemical industry. This provides an opportunity for the continued expansion of China’s petroleum and petrochemical equipment industry.
For details, view the entire [...]

Morales fires 2 Bolivia mining officials

President Evo Morales fired two top mining officials late Friday after a clash between rival bands of miners over access to the country’s richest tin deposit left at least 16 dead and more than 60 injured.
Reports of a halt to the fighting came after the government sent 700 police to control the mountainside where the [...]

Pickens Says Oil Could Hit $150 This Year

In an interview with CNBC, billionaire Texas oilman T. Boone Pickens said he thinks crude oil could go as high as $150 a barrel this year.
Pickens said only natural gas is plentiful enough to offset dwindling supplies of oil, particularly for the U.S., and only a global recession would cause oil to fall.
Pickens said high [...]