First Liberty Power Corp., a Nevada based mineral exploration company with a primary focus on lithium exploration and development, is pleased to announce the completion of the data acquisition stage of the gravity survey on the Company's Smokey Valley (S.V. Property) lithium brine project near Silver Peak, Nevada.
U.S. Rare Earths, Inc., "USRE", www.usrareearths.com, announced today that surface rock sampling conducted in the fourth quarter 2011 at its Idaho and Montana properties near Lemhi Pass and North Fork Idaho, along with results from sampling in 2009 and 2010 indicate the presence of Total Rare Earth (TRE) ranging as high as 26%. "The analytical results from ACT Labs, Canada -- along with the aero-mag we flew after acquiring these properties will shape our 2012 Drill Program," said Greg Schifrin, Chief Operating Officer.
Statoil was the high bidder on 26 leases in the first lease sale in the Central Gulf of Mexico since March of 2010.
Radius Gold Inc. would like to comment on recent events near the Tambor gold mine development project in the municipalities of San Jose del Golfo and San Pedro Ayampuc in southern Guatemala. Radius's joint venture partner, Kappes Cassiday and Associates, of Reno, is the project operator and is constructing a small gold mine at the site.
Strata Minerals Inc. is pleased to announce that it has entered into a native title heritage agreement with the Yamatji Marlpa Aboriginal Corporation ("YMAC"). This agreement, part of the consultative process under Australian native title legislation, enables the Western Australian Department of Mines and Petroleum to grant the two exploration tenements applicable to the Phase 1 field work on the Company's 80% owned Cardabia Phosphate Project located near Exmouth in Western Australia (the "Cardabia Project").
MarketResearch.com has announced the addition of the new report "Lithium Ion Batteries Outlook and Alternative Energy Vehicles, Technologies, Markets, Competitors and Opportunities: 2010-2020 Analysis and Forecasts" to their collection of Energy market reports. Reportedly, the market for lithium ion batteries has grown to $11 billion and is expected to reach $43 billion by 2020.
Gold Bullion International (GBI), a leading provider of precious metals, today announced that it has established vaulting capacity near Melbourne, Australia, the company's first vault in the Asia-Pacific region. The company currently has existing vaults in New York, Salt Lake City, Zurich and London.
Synergy Resources Corporation, a domestic oil and gas exploration and production company focused in the Denver-Julesburg Basin (the "D-J Basin"), today provided an update on the Company's twenty-four most recently drilled wells. As of June 20, 2012, Synergy Resources drilled and completed six Klein wells and two Hilfer wells. In addition, the Company has drilled nine wells on the Aims Community College/Greeley Country Club prospect which are currently in the completion stage. The Company also reported that Ensign Rig #233 is currently drilling seven wells on the Margil southeast prospect.
Rio Tinto is taking the next steps in its phased investment programme by committing US$4.2 billion (100 per cent basis US$6.2 billion) to develop its tier one iron ore business. The investment covers US$3.7 billion (100 per cent basis US$5.2 billion) for expansion of the industry-leading Pilbara iron ore operations in Western Australia and US$501 million (100 per cent basis US$1.0 billion) for further infrastructure development at the Simandou iron ore project in Guinea.
Demand for fossil fuels continues to increase at a steady pace, forcing market participants in the oilfield and gas exploration industries to look beyond readily-available and easily-accessible sources in order to remain competitive. This activity fuels a multiple billions of dollars of growth in related industries, as businesses spring up to supply and support oil and gas exploration. With premium market research from the world's leading publishers, Global Information Inc. helps businesses stay ahead of the curve with the best forecasts, research, and analyses.
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