Mountain Province Diamonds Inc. is pleased to announce that the Company's wholly-owned subsidiary, Kennady Diamonds Inc. ("Kennady Diamonds"), has received a Type A Land Use Permit from the Mackenzie Valley Land and Water Board in respect of the Kennady North diamond project.
Kansas's House Bill 2117 ("HB 2117"), recently signed by Governor Sam Brownback, repealed the state's 24-month severance tax exemption for gas wells and oil wells that produce more than 50 barrels of oil per day. Only production after June 30, 2012 is affected.
In Georgia, in which the retail natural gas market is deregulated, highly satisfied customers make more recommendations and are more committed to their retailer than do less satisfied customers, according to the J.D. Power and Associates 2012 Georgia Natural Gas Retailer Residential Customer Satisfaction Study(SM) released today.
Equatorial Guinea's economy sponsored by the Greater Houston Partnership, an organization that promotes economic prosperity in the 10-county Houston region. They were joined by U.S. Representatives Al Green and Sheila Jackson-Lee.
Guyana Goldfields Inc. ("GGI" or "the Company") is pleased to announce that the Company is on schedule to deliver a revised resource estimate for the Aurora Gold Project by the end of June 2012 and has also made additions to the Aurora Bankable Feasibility Study ("BFS") Project Team.
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