Nexen Inc. today announced that we have reached two major milestones in our plan to fill the Long Lake upgrader: first oil production from pad 12 and first steam into pad 13.
MBAC Fertilizer Corp. announced that it has filed a technical report pursuant to National Instrument 43-101, entitled "Mineral Resource Estimate - Araxá Rare Earth Oxide-Phosphate-Niobium Project, Minas Gerais State, Brazil" with Canadian securities regulators, pursuant to the Company's news release dated June 19, 2012.
Hondo Minerals Corporation today announced an updated report as it commences commercial scale production at its Old Tennessee Mine in Chloride, Arizona. The Company has completed initial construction of its first commercial scale extraction plant that will be used to process the estimated one million tons of tailings and dumps at the mine site. The Company intends to extract gold, silver, zinc, lead, and other metals that it believes to be present from the pile.
The past two years have seen a dramatic change in the outlook for U.S. Chemical companies. In 2010, the industry seemed well rationalized, but with few opportunities for significant revenue growth and – outside of R&D – precious little expansionary investment. However, with the commercialization of shale gas in the U.S., the industry has seen a remarkable turn of fortune, according to a KPMG report, The Future of the U.S. Chemical Industry.
Given rising customer demand, Ensco plc has exercised one of two options for an additional advanced-capability DP3 ultra-deepwater drillship based on the Samsung GF12000 hull design. The vessel, ENSCO DS-9, will be the seventh Samsung DP3 drillship in the Ensco fleet, extending the benefits of Ensco's fleet standardization strategy. It will be built at the Samsung Heavy Industries, Co. Ltd. (SHI) Shipyard in South Korea, with delivery scheduled for the fourth quarter of 2014.
The Graystone Company announced today that its retail division www.Graystonegold.com has sold nearly 100 ounces of gold and silver to date this year. Graystonegold.com was launched in January 2012.
Cameron has been awarded a supply contract valued at about $100 million by the Rumaila Operating Organization (ROO) in Iraq.
Athabasca Uranium Inc. is pleased to provide an update on the Keefe Lake Uranium Project in the Athabasca Basin, Saskatchewan. The Company has received the results of the lithogeochemical and PIMA/clay alteration samples and has conducted further analysis on Hole KEF-12-08, which was drilled to a depth of 553 metres (374 metres beyond the unconformity), as first reported on April 30, 2012.
BrassCraft Manufacturing, a leading manufacturer continuously developing solutions for the ever-changing plumbing industry, is meeting the new no-lead laws head on with a full range of high quality compliant products.
Alexandria Minerals Corporation reported today that three shallow holes intersected a new, potentially significant gold zone on the Company's 100%-owned Akasaba Gold project in Val d'Or, Quebec. The three holes intersected the target horizon some 500 meters west of the previous westernmost holes, increasing the length of the Main Mine Horizon to 1,600 m.
Parlane Resource, a junior exploration company, has declared that work has begun at the Big Bear property over the regions, which were targeted during the 2011 exploration drilling program.
By G.P. Thomas
27 Jun 2012
The Bureau of Ocean Energy Management (BOEM), the government authority in charge of the bidding procedure in the US, revealed that the most competitive bids in 6 blocks were placed by Ecopetrol in the Central Planning Area Lease sale 216/222 through its US associate, Ecopetrol America.
By G.P. Thomas
26 Jun 2012
Taxpayers missed out on an estimated $28.9 billion in revenues over 30 years due to the failure of the federal Bureau of Land Management (BLM) to get fair market value for U.S.-owned coal mined in the Powder River Basin,...
Rio Tinto has started exporting premium hard coking coal from its Benga Mine in the Moatize Basin in Mozambique. The first shipment of 34,000 tonnes left the Port of Beira today, bound for an Indian steel mill.
PolyOne Corporation, a premier global provider of specialized polymer materials, services and solutions, today announced plans to open a new facility in South Africa.