Commercial

Results 41 - 50 of about 295 news for the tag: Commercial.

Japan Gas Sector Seeking To Offer Indonesia Coal-To-Gas Tech

April 17th, 2008

Japanese gas utilities want to provide Indonesia with technology that would allow it to produce gas from coal, in exchange for a stable supply of liquefied natural gas to Japan, a senior industry official said Thursday.
“Coal-to-gas technology has been there for a decade or so,” said Kunihiro Mori, managing director of the Japan Gas Association. [...]

Breakaway Resources Announces 8,300t of Nickel for the Horn Deposit

April 16th, 2008

Breakaway Resources announced a maiden Inferred Resource estimate for the Horn Nickel Sulphide Deposit in WA based on the results of recent successful diamond drilling. The Company reported initial Inferred Resource of 600,000t @ 1.39% Ni and 0.30% Cu for 8,300t of contained Ni and 1,800t of contained Cu; resource remains open along strike to [...]

Oil Search sells Middle East assets

April 15th, 2008

Oil Search Ltd has sold a package of its Middle Eastern assets for $US200 million ($A216.01 million) to focus on the development of a liquefied natural gas project in Papua New Guinea.
The oil and gas producer, PNG’s largest, has sold eight assets across Egypt and Yemen to private outfit, Kuwait Energy Company KSC.
“The sale of [...]

Vista Gold Sells Bolivian Mining Assets to Republic Gold for $3 Million

April 7th, 2008

Mining company Vista Gold Corp. said Monday it sold its Vista Gold (Antigua) Corp., which owns Bolivian mining assets, to Republic Gold Ltd. for $3 million.
Republic will pay in three $1 million installments, the first due upon start of commercial production at Amayapampa, followed by a $1 million payment on each of the first and [...]

WITS BASIN SIGNS IRON ORE AMENDMENT WITH PRODUCTION INCENTIVE FOR ONE MILLION TONNES

March 26th, 2008

Wits Basin Precious Minerals Inc. has recently amended its purchase agreement for the Ma Anshan iron ore property in the People’s Republic of China to include a production incentive to deliver one million tonnes of iron ore concentrate by December 31, 2010.
“Obtaining this tonnage incentive was critical for our lenders and our shareholders,” stated [...]

Zinifex wins control of Allegiance Mining

March 19th, 2008

ZINIFEX Ltd has prevailed with its $790 million, three-month takeover battle for Allegiance Mining NL, announcing it has gained control of the nickel miner.
Lead and zinc miner Zinifex, which was born from the ashes of the failed Pasminco Ltd, said it had increased its stake in Allegiance to 51.1 per cent from 44.78 per cent [...]

State Senate Backs Tax Breaks for Idaho Uranium Plant

March 19th, 2008

The Senate has passed a pair of big tax breaks meant to help lure a proposed new $2 billion uranium enrichment complex to a site near the Idaho National Laboratory outside Idaho Falls.
Lawmakers voted 27 to 7 on Monday to extend a sales tax exemption for production equipment that handles nuclear fuel. They also voted [...]

State Senate Backs Tax Breaks for Idaho Uranium Plant

March 19th, 2008

The Senate has passed a pair of big tax breaks meant to help lure a proposed new $2 billion uranium enrichment complex to a site near the Idaho National Laboratory outside Idaho Falls.
Lawmakers voted 27 to 7 on Monday to extend a sales tax exemption for production equipment that handles nuclear fuel. They also voted [...]

India sold 115 oil-gas blocks in 5 years

March 9th, 2008

India said it has signed pacts for auctioning 115 oil and gas exploration blocks during the past five years under a new policy.
Minister of Petroleum and Natural Gas Murli Deora said in a statement to Parliament that India had signed production-sharing contracts for 115 exploration oil blocks during the past five years under the new [...]

Emu Nickel Identifies Strong VTEM Anomalies At Kambalda Nickel Project

March 9th, 2008

As Emu Nickel recently reported (ASX release 26 February 2008), a 1,266 line-km Versatile Time Domain Electromagnetic (VTEM) was flown by Mincor Resources over several target areas within the Kambalda West Joint Venture tenements in December 2007.
Emu’s analysis of the results of this extensive survey has identified 10 strong VTEM anomalies each with characteristics [...]