Affinity Gold Corp. (AFYG.pk) has released a corporate update regarding the Company's progress over the previous 45 days as well as a look ahead to the coming months.
TAG Oil Ltd. (TSX-V: TAO) reports a new oil discovery in New Zealand's Taranaki Basin with the Sidewinder-1 exploration well, located within TAG's 100%-controlled, 7,910 acre, Broadside exploration permit PEP 38748.
National Coal Corp. (Nasdaq: NCOC), a Central and Southern Appalachian coal producer, announced today that it has agreed to be acquired by Ranger Energy Investments, LLC (Ranger Energy), an acquisition vehicle for Jim Justice, a businessman and operator of Appalachian coal assets.
Rare earth company Molycorp, Inc. (NYSE: MCP) announced today that one of the world's leading experts in the design and manufacture of permanent rare earth magnets, which are integral to advanced wind turbines, hybrid vehicles, defense systems and computers, is re-joining Molycorp to help direct the Company's re-establishment of magnet manufacturing business in the U.S.
General Electronics is launching a new machine to recycle water in a controversial gas drilling process which is called hydraulic fracturing.
By Dr. Cameron Chai
1 Oct 2010
Cuba is now looking to drill for oil just a few miles off the coast of Florida, USA.
By Dr. Cameron Chai
1 Oct 2010
The Argentine Congress has passed a law imposing strict limits on mining near glaciers. The law which was passed on Thursday is likely to affect foreign investments in the mining industry in Argentina. It was approved in the Senate by a vote of 35 to 33 with one abstention.
Newcrest Mining Ltd (ASX:NCM) is taking on a stake in a joint venture in Papua New Guinea by entering into a deal with Triple Plate Junction Plc.
Gold Reserve Inc. (TSX:GRZ) (NYSE-Amex:GRZ) has announced that it has filed its arbitration claim against the Bolivarian Republic of Venezuela with the World Bank's International Centre for Settlement of Investment Disputes ("ICSID"), in accordance with the provisions of the Canada-Venezuela Bilateral Investment Treaty ("BIT").
Abraxas Petroleum Corporation (NASDAQ:AXAS) today provided an operational update. Abraxas is a San Antonio based crude oil and natural gas exploration and production company with operations across the Rocky Mountain, Mid-Continent, Permian Basin and Gulf Coast regions of the United States and in the province of Alberta, Canada.
London-based gold mining company Petropavlovsk Group (LSE: POG) is hoping to raise between US$366 to $500 million from an Initial Public Offering (IPO) on the Hong Kong stock exchange of IRC Ltd, the holding company of its non-precious metals division.
By Dr. Cameron Chai
30 Sep 2010
The troubles are far from over for Vedanta Resources as the Madras High Court asked for the shutdown of its Tuticorin smelter in a coastal area in the southern state of Tamil Nadu, India.
While local support for the minerals resource rent tax (MRRT) may not be forthcoming the International Monetary Fund has praised it.
By Joel Scanlon
30 Sep 2010
Any plans for a proposed uranium mine at the Angela and Pamela deposits near Alice Springs have been knocked back by the Northern Territory government.
Ivanhoe Mines finally has something to be happy about at Oyu Tolgoi. The company has discovered a new mineralized zone at the southern Mongolian mine on Tuesday. The Canadian exploration company has been working on the copper and gold project in Mongolia for almost a decade.