Posts Tagged ‘India’

USR Technology, Inc. Announces Letter of Intent With Euroslot SA Valued at $2 Million

USR Technology, Inc., is pleased to announce that it has entered into a Letter of Intent, dated July 3, 2008, with Euroslot SA, a private French company which specializes in the production of metallic filtration separation media for the oil and gas drilling industry.
The letter of intent with Euroslot addresses two principal areas. The first [...]

Monday, July 21st, 2008

Uranium Hunter Completes Aerial Survey on Tanzania Ruhuhu Uranium Project

Uranium Hunter Corporation is pleased to announce that the company’s helicopter airborne magnetic and radiometric survey, conducted by New Resolution Geophysics (”NRG”) of South Africa, has concluded. The 1000 line kilometer survey flown over the Ruhuhu Concession, which is considered one of the most promising uranium sites in the world, aimed to delineate uranium [...]

Monday, July 21st, 2008

GeoGlobal on its disclosure requirements

GeoGlobal Resources Inc told the press that on June 10, 2008 and June 27, 2008, respectively, it filed with the US Securities and Exchange Commission its Annual Report on Form 10-K for the fiscal year ended December 31, 2007 and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2008. Concurrently, it [...]

Sunday, July 20th, 2008

Natural Gas discoveried by GeoGlobal Resourses Inc

GeoGlobal Resources Inc published that the Gujarat State Petroleum Corporation the operator of the exploration block KG-OSN-2001/3 (”KG Offshore Block”), has successfully tested 17 meters of perforations across the interval depth from 4,652 to 4, 672 meters total measured depth.
GSPC perforated DST-3 (Drill stem test - 3). During clean-up flow, the following stabilized gas/condensate rates [...]

Friday, July 18th, 2008

Homeland Energy Group’s Kendal Mine Produces First Coal

Homeland Energy Group Ltd. is pleased to announce first coal production from its Kendal Mine in the Witbank area of South Africa, approximately 50km east of Johannesburg. To date, approximately 8,000 tonnes of coal has been mined from the first of three open pit areas. Processing of the coal through the Company’s Parnaby wash plant [...]

Wednesday, July 16th, 2008

Novelis Wins Aluminum Contract for BMW X6

Novelis Inc. has been selected by BMW to supply aluminum sheet for the lightweight hoods of its all-new X6 crossover SUV. Novelis is the world’s leading supplier of high performance aluminum sheet for use in automotive applications.
“The X6 is yet another landmark vehicle from BMW, and we are proud that Novelis was chosen to supply [...]

Wednesday, July 16th, 2008

Opta Minerals Continues European Expansion

SunOpta Inc. (NasdaqGS:STKL - News) (Toronto:SOY.TO - News) today announced Opta Minerals Inc. has acquired 67% of the outstanding common shares of MCP Mg-Serbien SAS (“MCP”) of France. The transaction includes an option to acquire the remaining 33% minority interest on similar terms. For fiscal 2007 MCP recorded revenues of approximately US$6.3 million selling ground [...]

Friday, July 11th, 2008

First Surety Corporation Looks Toward Ohio

Jacobs Financial Group, Inc. announced that it has completed the previously announced current interim financing totaling $1,000,000. The financing enabled the corporation to contribute $500,000 to its wholly owned subsidiary, First Surety Corporation (FSC), a domestic surety in West Virginia with inactive licenses in Ohio and Indiana, in anticipation of FSC’s filing its application with [...]

Thursday, July 10th, 2008

Congress Seeks Remedies to Rein In Speculators

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 [...]

Tuesday, June 24th, 2008

Rio Tinto lodges mining lease applications for Bunder diamond project in India

Rio Tinto lodged mining lease applications for its Bunder diamond project in India in a move it called a vital step in the development of what could be the first significant world class diamond mine in the country.
Rio Tinto announced the exploration target for diamond mineralisation at the Bunder project of 40-70 million tonnes [...]

Monday, June 23rd, 2008