Gemcom Software International , a global provider of mining software and service solutions, today announced that it has completed a R4.5 million (approximately CAD $680,000) deal with Debswana’s Orapa operation for the implementation of Gemcom’s collaborative GEMS platform.
“Several years ago, we worked with Debswana’s Jwaneng operation to help them improve efficiency at the mine site [...]
Halliburton Co., the world’s second-largest oilfield-services company, said third-quarter profit rose 22 percent on increased U.S. natural-gas drilling.
Net income rose to $611 million, or 58 cents a share, from $499 million, or 48 cents, a year earlier, the Houston-based company said in a statement Sunday. Halliburton was expected to earn 54 cents, the average estimate [...]
HWANGE Colliery Company Ltd (HCCL) has doubled daily coal production at its opencast and underground mines, and is now looking at renewing exports since the arrival of new mining equipment in the last quarter.
Coal output at the opencast mine has risen by 100 percent to 10 000 tonnes per day while that from the underground [...]
Occidental Petroleum Corporation announced core earnings for the third quarter 2006 were $1.159 billion ($1.35 per diluted share), compared with $1.004 billion ($1.22 per diluted share) for the same period in 2005. See the attached schedule for a reconciliation of net income to core earnings.
Net income for the third quarter 2006 was $1.168 billion ($1.36 [...]
Rebuilding Together Metro Denver, the local affiliate of the nation’s largest volunteer home rehabilitation organization, and America’s oil and natural gas industry today helped local disabled homeowners with limited income reduce their energy use and save money.
The Energy Efficient Homes Initiative, a national partnership between America’s oil and natural gas industry and Rebuilding Together, incorporates [...]
Allied Energy Group, Inc. announced that partnered with the Young Oil Corporation, the Company has successfully drilled and discovered gas in all three of its wells located in Knox County, Kentucky.
“The Don Sullivan #8, Clarence Bright #2, and Dale Greer #1 were successfully drilled and are now scheduled to be completed for the production [...]
As the world’s largest iron ore miner announced that it had received Canadian approval to acquire Canadian nickel miner Inco, Brazilian Indians who had held CVRD’s Carajas mining complex hostage for three days left the site.
CVRD President and CEO Roger Agnelli was pretty much on the mark when he predicted Monday that Brazilian miner would [...]
An ongoing strike in the French Overseas Territory of New Caledonia, primarily over the employment of Filipino workers on the construction of Inco’s Goro Nickel operation, has been seriously impacting that country’s nickel exports. The strike has been going on for three weeks now and has forced the country’s principal nickel producer, Eramet, to suspend [...]
Gastar Exploration Ltd. has announced that a ten well coal bed methane drilling program has been commenced on its 1.0 million gross acre Exploration License 4416 (EL 4416) in the Gippsland Basin located in Victoria, Australia. Gastar has committed and funded approximately $6.5 million for its 75% interest in the 10 CBM wells, which are [...]
Arch Coal Inc., the second-largest U.S. coal producer, said third-quarter profit more than doubled as cost reductions more than made up for a decline in prices. The company’s shares dropped as Arch cut its profit forecast and said it will slow production while prices are low.
Net income jumped to $50.9 million, or 35 cents a [...]
