Transeuro Energy Corp. and Questerre Energy Corporation announce their first successful test on the deeper shales in the Liard Basin, in Northeast British Columbia.
The program consisted of a series of mini-fracs and high pressure acid stimulations in the existing d-a64-K (A5) well, with the objective of evaluating the rock properties of the Liard shales and [...]

SvitGOLD announces the commencement of Phase 1 of its exploration and development activities on the Beregovo and Kvasovo deposits.
The work program includes detailed ground magnetic and gravity surveys (50×5m), air photo and satellite image interpretation, deposit modeling and confirmatory/check drilling, as well as drilling to confirm the geological structure.
SvitGOLD is a mineral resource company with [...]

Mr. Arne Przybilla, President, Protec Industries Inc., announces that, following the signed agreements announced in last month’s news release, the Company has successfully arranged the financing for both Ukraine oil and gas projects. Protec has negotiated and signed a “Farm-Out” Joint-Venture (JV) Letter Agreement with Eurofund Capital Management Co. Ltd. and a high-profile 3rd party [...]

Mainland Resources, Inc., a Nevada corporation has appointed Ernest G. Sorochan, P. Eng. as a Director of the Board effective July 17, 2008.
Ernest G. Sorochan is a Professional Engineer with a long history of project management, engineering oversight, economic evaluation and operational experience working for international oil and gas companies.
Mr. Sorochan has built a professional [...]

Commerce Secretary Carlos Gutierrez suggested that a growing dispute over the cancellation of a U.S. company’s oil exploration contracts could damage Ukraine’s reputation with foreign investors.
Gutierrez spoke to business leaders in Kiev a day after President Viktor Yushchenko ordered his top security advisory council to sort out the dispute involving the Texas-based Vanco Energy Co.
He [...]

Ukraine is canceling a contract with a U.S. oil company planning to explore for oil and gas on the Black Sea underwater shelf.
The government says the production-sharing agreement that was signed in 2006 with the subsidiary of Texas-based Vanco Energy Co. is “plundering Ukraine’s mineral reserves.”
Last month, Ukraine revoked Vanco’s license, and Prime Minister Yulia [...]

Shares in Ferrexpo rose sharply Thursday after the Ukraine-based miner said it had secured 90% year-on-year average price rises for more than half of its expected 2008 iron ore pellet sales.
Analysts had been predicting an 87% rise. The new prices apply from 1 April 2008 to 31 March 2009.
“These settlements are in line with the [...]

Ukraine raised iron ore exports tentatively 16.5% year-on-year in January-February to 3.611 million tonnes, a source at Ukrrudprom, the association of Ukrainian mining enterprises, told Interfax.
Iron ore concentrate exports nearly doubled to 929,900 tonnes, pellet exports [...]

On 19-21 September 2007, Almaty will host MiningWorld Central Asia 2007 and Kazcomak 2007 exhibitions in Pavilions 9B and 9A of Atakent KBCC as well as outdoors in front of the Pavilions.
Over these thirteen years, MiningWorld Central Asia has become the largest mining and metallurgical forum annually providing venue for mining industry specialists, equipment manufacturers, [...]

Ukraine is planning to become self-dependent in terms of uranium supplies for its operating nuclear power plants by boosting annual production of this metal to 2,500 tonnes between 2007 and 2013, the republic’s Fuel and Energy Ministry told RBC. The target is to reach an output level of 5,900 tonnes of uranium per year in [...]