INTERNATIONAL BARYTEX RESOURCES LTD. advises that in regard to the contract review process the Democratic Republic of Congo (”DRC”) is undertaking, East China Capital Holdings Ltd (”ECCH”), a subsidiary controlled by the Company, has received a proposal from Generale des Carrieres et des Mines (Gecamines) to revise the Gecamines-ECCH agreement in regard to the Shituru [...]

On Capitol Hill, the House approved financial help for mass transit systems facing a surge in riders because of high gas prices. But Republicans blocked Democrats from requiring oil and gas companies to drill on the millions of acres of government land and water on which they already own federal leases.
The House authorized $1.7 billion [...]

Some lawmakers on Capitol Hill say investors have a role in rising oil prices, pointing out that speculation in crude futures has nearly doubled since 2000.
Pension funds, Wall Street banks and other large investors that have no intention of taking delivery of fuel have increasingly pumped money into contracts for oil and other commodities as [...]

On Capitol Hill, Senate Democrats pushed for the government to take some of the billions of dollars in profits made by the five biggest U.S. oil companies. But the move was blocked by Republicans, who also thwarted a Democratic proposal to give the government greater power to address oil market speculation that some argue has [...]

Senate Republicans blocked a global warming bill that would have required major reductions in greenhouse gases.
Democratic leaders fell a dozen votes short of getting the 60 needed to end a Republican filibuster on the measure and bring the bill up for a vote, prompting Majority Leader Harry Reid to pull the legislation from consideration.
The Senate [...]

Vangold Resources Ltd. (CDNX:VAN.V) (Other OTC:VNGRF.PK) (”Vangold”), further to a news release of May 21, 2008 announcing the drill program, drilling commenced at the Kafunjo concession on May 25th. Mr. Locke Goldsmith, P.Eng., P.Geo., reports that as of June 1, the drilling was going well and that the first hole, logged to 288 meters, showed [...]

Lundin Mining Corporation (”Lundin Mining” or the “Company”) would like to cordially invite all to attend the Company’s Annual General Meeting of Shareholders to be held on June 5, 2008 in Toronto. Mr. Phil Wright, President and CEO, will present a corporate update on the Company. We hope you can join us!
Lundin Mining Corporation
Annual General [...]

Democratic presidential hopefuls Barack Obama and Hillary Rodham Clinton focused much of their campaigning in Indiana and North Carolina on a debate over whether the government should waive an 18.4-cents per gallon gasoline tax. Voters in the two states cast their ballots in primaries Tuesday.
Clinton supports a plan to suspend the tax for the summer [...]

A shale formation stretching North Dakota and Montana may have an estimated 3 to 4.3 billion barrels of technically recoverable oil, according to a U.S. Geological Survey assessment.
Known as the Bakken Formation, the find would make the recoverable oil in North Dakota and Montana the largest U.S. oil reserves outside Alaska.
The recently released assessment shows [...]

Uranium explorer Brinkley Mining saw its shares rise sharply as it confirmed it had received an early stage bid approach.
“The company notes the movement in its share price today and confirms that it has received an approach which might lead to an offer being made for its shares,” it said in a brief statement.