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Aurora Algae to Bring Biofuel Business to Australia

Aurora Algae, a US based biofuel company, is looking to move into the booming mining sector in Western Australia by providing companies biodiesel from algae to meet their energy needs. The company is also hoping to get a share market listing later this year.

10 Jan 2012

BX Drilling Supply Now Provides Drilling Products in South America

BX Drilling Supply based in Boise has extended its drilling works to Lima, Peru. PVC. drilling fluids, drill bits, specialized core boxes and steel casing are supplied by the company for mining and drilling projects globally.

10 Jan 2012

Pioneer Drilling Announces Purchase of Go-Coil

Go-Coil has been acquired by Pioneer Drilling for around $110 million in cash payment. Coiled tubing services are offered by GO-Coil to production and exploration firms in the United States offshore and onshore oil and gas markets.

4 Jan 2012

Boart Longyear Provides 2011 Guidance

Boart Longyear has confirmed its current full-year 2011 guidance of US$1.9 billion revenue and US$330 million EBITDA. Depending on the start date of various holiday shutdowns, 2011 performance may exceed both figures, given the current strength of market demand.

From Boart Longyear 30 Nov 2011

International Enexco Drills at Contact Copper Project

International Enexco has started the drilling campaign at the Contact Copper project, which is located in the northeast part of Nevada.

30 Nov 2011

Pacific Drilling Updates on Operations of Ultra-Deepwater Drill Ships

Pacific Drilling has provided the details on the status of the ultra-deepwater drill ships.

25 Nov 2011

Cabo Drilling Receives Contract to Drill at Musselwhite Mine

Cabo Drilling (Pacific) has secured a contract from Goldcorp Canada to drill 35,000 m at its Musselwhite Mine, which is situated at the Opapimiskan Lake’s south shore in Canada.

23 Nov 2011

Varca Ventures Acquires Wildcat Mining

Varca Ventures Inc. has announced that it has acquired Wildcat Mining Corporation, a mineral and natural resource exploration company.

2 Nov 2011

Rio Tinto Invests in 150 More Driverless Trucks

Rio Tinto is to become the owner of the world's largest fleet of driverless trucks after it signed a deal to buy at least 150 from Komatsu Limited over the next four years.

From Rio Tinto plc 2 Nov 2011

Caterpillar Finalizes Acquisition of Power Supply Company MWM Holding GmbH

Caterpillar Inc. has announced it has finalized the purchase of MWM Holding GmbH (MWM) from 3i and funds managed by 3i for euro 580 million (approximately $800 million).

From Caterpillar 1 Nov 2011