OPEC, the Organization of the Petroleum Exporting Countries, has honored Professor Øystein Noreng from the BI Norwegian Business School with the research award 2012 for his lifetime academic work in the petroleum and energy economics field.
By G.P. Thomas
28 Jun 2012
Helmholtz Alliance LIMTECH, a new research alliance, has been created by the Helmholtz-Zentrum Dresden-Rossendorf (HZDR) along with the Karlsruhe Institute of Technology (KIT) to develop liquid metal technologies.
By G.P. Thomas
28 Jun 2012
Victory Resources Corp. is pleased to announce that it has entered into an agreement with GEM Global Yield Fund Limited ("GEM") for a $5.0 million CDN financing commitment. Funds raised through this facility will be used for the ongoing drill program and the subsequent engineering work to bring theReforma mine to feasibility. Funds will also be used for the development of the Company's recently optioned Boleo property in Mexico, the Toni property located near Merritt, B.C., as well as general working capital.
Texas Rare Earth Resources Corp., a rare earths mineral exploration and development company, announced today the release of its preliminary economic assessment (PEA) for the Company's flagship Round Top rare earth minerals project in Hudspeth County, Texas.
South American Gold Corp. today announces that it has staked an additional two unpatented mining claims at its GB-2 project.
Vista Gold Corp. is pleased to announce that, subject to regulatory approval, it intends to undertake a private placement financing to raise gross proceeds of up to US$15.0 million from the sale of up to 5,000,000 units (the "Units") at an offering price of US$3.00 per Unit (the "Offering"). Each Unit will be comprised of one common share in the capital of the Company (a "Common Share") and one-half of one Common Share purchase warrant. Each Warrant will entitle the holder to purchase one Common Share at a price of US$3.60 per share and will be exercisable for a period of 24 months from the closing date of the Offering.
Ukraine decreased the amount of imported natural gas by 48.77 percent over the first five months of 2012, compared to the respective period of 2011. The volume of imported gas in January - May 2012 reached 12.8 billion cubic meters.
Strongbow Exploration Inc. is pleased to announce it has completed initial sonic drilling programs at the Midway and Ridgeway gold projects, South Carolina. This work included an initial test of the Lloyd zone at Ridgeway where hole SDH-RS12-02 returned 28.96 m grading 0.97 g/t Au, 8.4 g/t Ag, and 1,840 ppm Mo, including 4.57 m grading 3.3 g/t Au, 42.0 g/t Ag and 6,960 ppm Mo.
Nova Mining Corp. announced today that the Company has received very encouraging due diligence documents, including 3rd party lithium estimate reports and government license documents, regarding the Dornogobi mining property.
Nova Mining Corp. management has been closely studying Apple's most recent successes with anticipation in order to evaluate the current and future worth of lithium supplies. Currently, Bloomberg Business, Barron's and Seeking Alpha have pointed out that the explosion in iPad sales; smartphones and new electric car manufacturing are already straining worldwide Lithium supplies. MarketResearch.com has forecast the Lithium battery market to quadruple to $43 Billion.
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.