Diamond Fields International Ltd. announce that it has entered into a joint venture agreement with Silverhill Enterprises Ltd. to further develop DFI’s Liberian gold project.
Under the terms of the agreement, Silverhill may earn up to 50% of DFI’s interest in the project in two phases. In the first phase, Silverhill will invest US$400,000 for 20% [...]

Compass Minerals announced expanded plans to upgrade its salt mining operations in Goderich, Ontario, which will improve its operating processes and increase its annual production capacity to approximately nine million tons by 2012. The upgrade will position the company to efficiently increase production of highway deicing salt as demand requires.
“While the demand for highway deicing [...]

First Calgary Petroleums Ltd. announce that it has closed the plan of arrangement involving First Calgary, Eni Canada Holding Ltd., Eni S.p.A. and securityholders of First Calgary.
Under the terms of the arrangement, First Calgary shareholders receive C$3.60 cash for each common share held. In addition, on November 28, 2008 First Calgary will redeem all of [...]

Purvin & Gertz announces the 2009 release of a new study focusing on bunker and fuel oil markets: Residual Fuel Market Outlook: Impact of Bunker Quality Changes on Marine Fuels & Refining. This timely and comprehensive study is underway and will be completed by the second quarter of 2009. It will present an analysis of [...]

Energem Resources Inc announces that on 22 October 2008 it advanced a short term bridging loan of US$3.6 million to Westhouse International Tobacco Holdings Limited. The Bridge is repayable on demand and accrues interest at US$ LIBOR plus 3%. The parties intend to renegotiate the terms of the Bridge in due course to put [...]

Serica Energy plc announces that it has been offered three UK exploration licences in the UK 25th Seaward Licensing Round and provides an operational update.
In the UK 25th Round Serica was offered awards of licences covering interests in Block 15/21e (split) in the Central North Sea, Block 48/16a (part) in the Southern North Sea and [...]

Laredo Petroleum, a rapidly growing independent oil and gas company with headquarters in Tulsa, Oklahoma, today announced that it has closed a second round of equity financing of up to $300 million with Warburg Pincus LLC, the global private equity firm, along with Laredo Petroleum’s senior management team. Funding of this line of equity will [...]

Further to the announcement on November 6, 2008, Energem Resources Inc. announce that, following approval from over 99% of votes cast at the Company’s recent shareholders’ meeting in respect of the Company’s proposed disposal of the remaining 30 percent interest in the refined fuel product tank farm and distribution facility at Apapa Port, Lagos, Nigeria [...]

Freeport-McMoRan Copper & Gold Inc. announced in response to the recent sharp decline in molybdenum prices plans to reduce production from its Henderson primary molybdenum mine and to defer the restart of the Climax molybdenum mine.
Molybdenum markets have been strong in recent years, averaging $30 per pound in 2007 and $33 per pound in the [...]

Marathon Oil Corporation announced the completion of the sale of its non-operated interests in the Heimdal infrastructure, related producing fields and associated undeveloped acreage offshore Norway. Centrica plc, the parent company of British Gas, acquired the interests for a total value of $416 million, which includes a $375 million purchase price and $41 million in [...]