Rising fuel prices that are a bane to consumers have been a boon to Sikorsky Aircraft Corp. and other manufacturers of helicopters that shuttle workers to and from rapidly multiplying offshore drilling rigs.
Between 2002 and 2005, commercial helicopter sales rose from about $100 million to $600 million for the Stratford, Conn.-based subsidiary of United Technologies [...]

GeoGlobal Resources Inc. (AMEX: GGR) announced today that the drilling of the KG#15 exploratory well has commenced. The KG#15 is the third exploratory well to be drilled from the KG#8 well platform using the Saipem Perro Negro 3 jack-up drilling rig and is intended to further delineate the extent of the KG Structure. The KG#15 [...]

New Data Show FOSRENOL Is an Effective Monotherapy - Leading to Improved Phosphate Reduction in Dialysis Patients Previously Receiving Alternative Phosphate Binder Therapies.
New data show calcium-free FOSRENOL (lanthanum carbonate) further reduces phosphate levels in dialysis patients previously receiving other monotherapies or combined phosphate binders, including calcium carbonate and sevelamer hydrochloride(1).
The data, presented today at the [...]

The Board of Directors of Canada Southern Petroleum Ltd. announced today that it has waived the application of the Limited Duration Shareholder Rights Plan adopted May 24th, 2006. The Rights Plan was established following the commencement of Petro-Canada’s unsolicited offer for Canada Southern.
“The original purpose of the Rights Plan was to allow the Board sufficient [...]

Nuinsco Resources Limited (TSX:NWI.TO - News) (”Nuinsco” or the “Company”) today provided an update of recent developments and ongoing activities at its three advanced nickel projects in northern Manitoba and northwestern Quebec. Highlights include:
* Minago: Scoping study on track for completion in September.
* Lac Rocher: Drill program in progress, resource estimate expected in early Q4.
* [...]

Xstrata Plc increased its hostile bid for Canadian nickel miner Falconbridge Ltd. by 7.2 percent to $16.3 billion to thwart Phoenix-based Phelps Dodge Corp.’s plans for the mining industry’s largest takeover.
Xstrata, the Zug, Switzerland-based producer of coal, zinc, copper and chrome, said in a statement that it will pay 62.50 Canadian dollars or $55.08 a [...]

Brilliant Mining Corp. (TSX VENTURE:BMC; “Brilliant”) is pleased to announce the results from the deep penetrating electromagnetic survey conducted on the Tramways Tenements (”Property”), Kambalda Nickel District, Western Australia.
“The discovery of several geophysical conductors in the northern portion of the property, an area with no prior history of exploration, demonstrates the significant potential of the [...]

aterpillar Inc., the world’s largest maker of earthmoving equipment, said second-quarter profit rose 38 percent as demand for mining trucks and power generators fueled sales.
Net income increased to $1.05 billion, or $1.52 a share, from $760 million, or $1.08, a year earlier. Sales gained 13 percent to $10.6 billion, the Peoria, Illinois-based company said today [...]

Halliburton Co., the world’s No. 2 oilfield-services company, likely will report an increase in second-quarter profit after customers spent more on drilling in North America.
The Houston-based company may say profit rose to 49 cents a share, according to the average estimate from 23 analysts in a Thomson Financial survey. That’s 29 percent higher than the [...]

Roca Mines Inc. (TSX VENTURE:ROK; “Roca” or the “Company”) provides the following update on construction and development activities for its PHASE I, 500 tonne per day mine at the MAX Molybdenum Project, located 60 kilometres (36 miles) southeast of Revelstoke, British Columbia.
Progress in the following principal project areas includes;
Underground Development - Genex Mining Ltd. has [...]