Tax revenues from oil and gas companies continue to provide a significant proportion of income for states around the world, according to the latest Ernst & Young Oil & Gas Tax Guide. The report also confirms that many governments are working on ways to make oil and gas tax regimes more attractive to investors.
The Graystone Company announced that its 100% owned subsidiary Grupo Minero Inca (a Peruvian Corporation) has finalized the acquisition of its second lease in Peru named "Graystone II." Graystone II is 800 hectares (1,976.84 acres) or approximately 8,000,000 square meters (3.08 square miles). The property is adjacent to the Company's initial mining property, Gorila (Graystone I).
Commercial Metals Company announced today the completion of the sale to an undisclosed and unaffiliated third-party of the assets related to the welded pipe mill and seamless pipe mill of CMC's former Croatian Pipe Mill and wholly-owned subsidiary, CMC Sisak d.o.o., for a total consideration of U.S. $6,650,000.
Capital Financial Global, Inc., announced today it has engaged Toronto based investment banking firm IBK Capital Corp to raise up to $3,000,000 in a private placement for units and warrants in its distressed St. Louis Mine.
Alcoa was recognized with two awards for aluminum excellence yesterday at the American Metal Market 2nd Annual Aluminum Summit held in New York.
Adira Energy Ltd. is pleased to announce that Noble International Ltd has accepted a Letter of Award ("LOA"), which will enable Modiin Energy L.P ("Modiin Energy") to execute a detailed drilling contract on behalf of the Gabriella consortium partners, including Adira and Brownstone Energy. Adira further announces it has signed a Memorandum of Understanding ("MOU") with Modiin Energy authorizing Modiin Energy to enter into a drilling contract with Noble Drilling and/or any of its affiliates on behalf of the working interest parties to drill the Gabriella License prior to the revised spud date, June 30, 2013. To the extent possible, representatives of Adira shall participate in the negotiations with Noble Drilling regarding the Agreement.
VVC Exploration has reported the results of soil and rock geochemical exploration and geological mapping program carried out in the south section of the company’s Cumeral property, which is situated 70 km towards the southern part of the US border, Mexico.
By Kalwinder Kaur
14 Jun 2012
MDN has announced the commencement of a drill program at the company’s Nikonga property located in Tanzania.
By G.P. Thomas
14 Jun 2012
Golden Reign Resources, a mineral exploration company, has announced that it has released the results of the current 2012 trenching campaign being carried out at the Las Conchitas region of the company’s San Albino-Murra gold property in Nicaragua.
By G.P. Thomas
14 Jun 2012
On June 3, 2012, BP has declared that the Galapagos development in the deepwater U.S. Gulf of Mexico has commenced.
By G.P. Thomas
13 Jun 2012
Mines Management has declared that the company has started a drilling program at the La Estrella project, containing gold and silver, which is situated in central Peru.
By Kalwinder Kaur
13 Jun 2012
Cangold has declared that metallurgical testwork has progressed to a pre-feasibility level for Ixhuatan Gold-Silver Project located in Chiapas, Mexico.
By G.P. Thomas
13 Jun 2012
Market leaders in temperature controlled microscopy, Linkam Scientific Instruments report on the use of their THMSG600 by scientists at the University di Parma, Italy.
The laureates of the Global Energy International Prize 2012 - RAS academicians Valery Kostyuk and Boris Katorgin, as well as UK professor Rodney John Allam – will soon be receiving their awards from the Russian President...
Mineral production in Latin America is booming, presenting a wealth of opportunities for those ready to invest. On the 12th to 14th November 2012, GDS International will host the mining industry's definitive event, uniting the region's most well respected minds for two days to review prospects and pitfalls associated with this rapidly expanding market: http://www.latinminingsummit.com