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Random News from Mining Top News

Natural Gas Supplies Rise

The Energy Department’s Energy Information Administration said in its weekly report that natural gas inventories in the lower 48 states rose by 57 billion cubic feet to over 1.94 trillion cubic feet for the week ending June 13.
The inventory level was slightly below the five-year average of about 2 trillion cubic feet and well below [...]

WW Oil & Gas Inc. Shareholders Vote in Favour of Paco Oil & Gas Inc. Takeover

WW Oil & Gas Inc. have tabulated the returned voting forms regarding the takeover offer from Texas based Paco Oil & Gas Inc. The deadline to return share certificates and vote on the offer expired October 31, 2008. The majority of WW Oil & Gas Inc. shareholders have voted in favor of the Paco takeover [...]

Tag: paco oil ceo, paco oil services

Empire Petroleum signs drilling contract for Nevada well

Empire Petroleum Corporation has signed a drilling contract for its Nevada test well, which should commence drilling about August 15, 2006. This test is projected to test a large structure up-dip from a well which had good oil shows. The Company owns a Ten (10%) percent working interest in 44,604 lease acres and has entered [...]

True North Gems Options Yukon Rare Earth Discovery to Great Western Minerals

True North Gems Inc. and Great Western Minerals Group Ltd. are pleased to announce that TGX has granted GWMG an option to acquire up to a 65% working interest in TGX’s True Blue property in the Yukon in exchange for carrying TGX through to completion of a bankable feasibility study.
The True Blue property is located [...]

Tag: alaska rare earth minerals, great western minerals, rare earth minerals on elements found on the north, rare earth elements and mineral that found on the north, top rare earth mineral companies

West Hawk Tests Coal-to-Gas with LURGI SA Pty Limited

West Hawk Development Corporation (TSX VENTURE: WHD)(FWB: H5N) (the “Company”) is pleased to announce the advancement of both social processes and technical evaluation for its Mackenzie Valley Coal-to-Gas Project in Northwest Territories, Canada. Successful, preliminary meetings with Elders and Business Executives followed by public meetings with residents of Tulita and Norman Wells, NWT, have recently [...]

Exxon Mobil Plans $100M Philippines Investment

Exxon Mobil says it will invest at least $100 million in offshore oil exploration near the Philippines.
Stephen Greenlee, vice president for Exxon Mobil Exploration Co., says Exxon is evaluating seismic data from the area and could start drilling next year, he said.
The Philippines government this week announced that a consortium of mostly Philippine companies will [...]

Tag: stevegreenlee exxonmobil, top mining contractor in the philippines, top mining corporation in the philippines, exxonmobil investments in the philippines, exxon mining

Mitsui wants bids for India’s Sesa by Feb 19

Mitsui & Co, Japan’s second-biggest trading company, has set a deadline of next Monday for bids for its 51 percent stake in Indian iron ore exporter Sesa Goa Ltd., the Business Standard reported on Monday.
Sesa Goa, India’s largest private-sector iron ore exporter, said last month that Mitsui wanted to sell its stake in the company. [...]

Major uranium mine a step closer

An application has been lodged to develop the Four Mile deposit about 10km north west of the Beverley uranium mine in northern South Australia, Mr Rann said.
“The Four Mile deposit, which was discovered just back in 2005, is considered one of the most significant uranium discoveries anywhere in the world in the last 25 years [...]

National Oilwell Varco and Schlumberger Enter Into Agreement to Form Intelligent Drill Pipe Joint Venture

National Oilwell Varco and Schlumberger announced that they have signed a definitive agreement to create a joint venture that combines their respective and complementary expertise in the manufacturing and technology development of wired drill string telemetry systems. The agreement will enable the companies to accelerate delivery of intelligent drilling solutions to customers through the [...]

Tag: drill floor, national oilwell varco news, schlumberger joint ventures and partnerships, national oilwell varco schlumberger, intelligent drill pipe

Extract Resources – Rossing South continues to return wide, high grade zones of uranium mineralisation

Extract Resources, a Uranium exploration company with projects in Namibia, Africa, today announced more wide zones of high grade uranium mineralization, at Rossing South.
Chemical assay results from Reverse Circulation (RC) drilling continue to confirm the continuity of alaskite hosted uranium mineralization. The grades returned are particularly high for this style of primary, granite hosted uranium [...]