VAALCO Energy, Inc. announced that Gregory R. Hullinger has been named Chief Financial Officer of the Company. Mr. Hullinger succeeds W. Russell Scheirman, who will continue as VAALCO’s President and will assume the additional position of Chief Operating Officer.
Mr. Hullinger, 55, joins VAALCO with more than 30 years of finance, accounting and tax experience at [...]
Five years after oil was first produced from the Doba basin in southern Chad, the Chad Export Project continues to provide significant economic growth and development to the country and its residents. Stephane de Mahieu, general manager, Esso Exploration and Production Chad Inc., an ExxonMobil affiliate, discussed the project’s contributions to the nation at the [...]
GILLA INC., has entered into a definitive agreement effective October 3, 2008 to acquire all the shares of Terra Merchant Resources Corporation, a private company incorporated in Ontario, Canada. Terra has secured rights to a gold exploration property in Angola, known under the name of Salutar Commercio Mining Concession, located some 120 km north of [...]
Mega Uranium Ltd. report the favorable outcome of the Western Australia State election, which has resulted in the incumbent Labor Party government, which opposed uranium mining, being replaced by an alliance of the Liberal Party and National Party. As the two parties forming the new State Government both have policies that favor new uranium mine [...]
Geovic Mining Corp. announced the appointment of Conrad B. Houser to the position of Senior Vice President, as well as President of Geovic Energy Co., a wholly-owned subsidiary.
Mr. Houser has more than 25 years experience in international mining activities, including project management, strategic planning, finance, administration, mine design, environmental permitting, compliance, and marketing. Additionally, as [...]
Geovic Mining Corp., on behalf of its 60%-owned subsidiary Geovic Cameroon PLC (GeoCam), announce progress from its drilling program at the Mada cobalt-nickel-manganese property in Cameroon, Africa. Mada is a northern, adjoining extension of the Nkamouna deposit, with very similar geologic properties and mineral grades. The purpose of drilling Mada is to determine if it [...]
Whinnen Resources Limited (Whinnen, the Company) (ASX: WWW.AX) is pleased to announce that it has entered into a conditional agreement to acquire 85% of the Fongo Tongo Bauxite Project in the Republic of Cameroon in Africa, for a total consideration of US$8 million.
Payment will comprise US$4 million cash and US$4 million in shares, and will [...]
Soaring oil and food prices lifted inflation to record levels in Europe on Wednesday and posed a serious threat to governments worldwide amid expert warnings of social upheaval.
Record inflation has spared neither rich nor poor countries as food and energy prices have surged worldwide with booming demand in fast-growing Asian countries such as China and [...]
Alcan Inc. announced today that it will carefully analyse the close results of last Saturday’s public consultation in Hafnarfjordur and assess the impact these results may have on the future of its ISAL aluminum smelter. Citizens of Hafnarfjordur voted by a small majority (50.3%) against a local urbanisation plan that included the expansion of the [...]
Chinese President Hu Jintao on Saturday was bringing his eight-nation African tour to Zambia, a copper-rich country where China’s growing clout has prompted charges of exploitation and emerged as a volatile political issue.
Huge photos of Hu and Zambian President Levy Mwanawasa greeted motorists on Lusaka’s main roads in preparation for the tightly orchestrated three-day visit, [...]
