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Historic Aboriginal agreement at Fortescue mine

PERTH (miningweekly.com) - Iron-ore miner Fortescue’s Solomon mine has become the site of an historic precedent after two Aboriginal contractors formed a joint venture (JV) to undertake ...

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BRIEF-Angel Mining continues to explore financing options

LONDON | Thu Feb 21, 2013 5:36am EST LONDON Feb 21 (Reuters) - Angel Mining PLC : * Continues to work with Cyrus Capital Partners LP to explore financing and restructuring options * Filed ...

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Galp Plans Intensive Drilling Campaign for 2013

Several "high impact" wells are scheduled for the year, not only in mature, world-class basins but also in frontier areas, such as the Rovuma basin in Mozambique, the pre-salt Santos basin ...

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Precious Metals Silver declines after FOMC meeting minutes

Precious metals plunged on Wednesday after closely-watched FOMC meeting minutes showed that the Fed may ease or outright stop its bond-purchasing program before initially planned. Pushing the ...

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TEXT-FitchNew diversified mining CEOs face common challenges

Thu Feb 21, 2013 6:03am EST Feb 20 - The new CEOs at BHP Billiton , Rio Tinto and Anglo American will face a series of common challenges over the next three to five years as commodity-demand growth ...

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Strikes safety stoppages result in 64 drop in Village’s earnings

JOHANNESBURG (miningweekly.com) – JSE-listed miner Village Main Reef recorded a 64% fall in basic earnings a share to 5.92c in the six months ended December 2012, down from 16.57c in the 2011 ...

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Mining unrest putting South Africa’s pension funds at risk – Minister

JOHANNESBURG (miningweekly.com) – South Africa’s ongoing mining-industry unrest was putting the country’s pension funds at risk and it was critical that peace and stability be ...

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Judges Order to Shut Down Mining Being Appealed

BARTOW | Mining continues at a controversial project on the outskirts of Davenport a month after Circuit Judge Bruce Smith issued an order quashing the County Commission's 2011 approval of a ...

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Ottawa approves ExxonMobil’s $3.1-billion bid for Celtic Exploration

Celtic Exploration Ltd. said Wednesday it has Ottawa's approval to be taken over by Houston-based energy heavyweight ExxonMobil Corp. for $3.1-billion.The approval under the Investment Canada ...

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Drilling efficiency Lowering the break-even price of natural gas

Free Members Join the 30,000 other oil and gas professionals who currently enjoy a free OilVoice membership. Benefits include; » Weekly Newsletter » Company News Alerts » Add ...

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COMMODITIES-Oil metals on defensive Fed sets investors on edge

Thu Feb 21, 2013 7:17am EST * Federal Reserve may slow or halt bond buying -minutes * Gold hits 7-month low, oil and copper at multi-week lows * Bullion sees largest ETF outflow in 18 months ...

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Afferro Mining Inc. - Nkout Iron Ore Project - Further Extensions Defined

, is pleased to provide an update on operations at its 100% owned Nkout project ("Nkout"). The Company is continuing its programme of exploration for further potential direct shipping ore ...

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Aeon Metals grabs investor attention with kick in share price

(MENAFN - ProactiveInvestors - Australia) Aeon Metals (ASX: AQR) has witnessed increased investor interest recently which pushed its share price up 75% to a close of 0.21 yesterday, compared to a ...

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Titan Energy targets oil zone with Texas exploration well

(MENAFN - ProactiveInvestors - Australia) Titan Energy (ASX: TTE) is drilling an exploration well targeting a proven oil producing zone on the northern flank of its Allen Dome salt dome field in ...

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Israel gives OK for oil drilling in Golan Heights

JERUSALEM -- Israel says it has given the go-ahead for a gas exploration project in the Golan Heights, a strategic plateau it captured from Syria in the 1967 war.Israel's Energy and Water ...

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Finance deals put growing mountains of metal out of reach

Thu Feb 21, 2013 8:41am EST * Large tonnages caught up in finance deals, warehouse backlogs * Only 15 percent of LME stocks estimated to be available * Finance deals spreading from aluminium to ...

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Centerra Gold’s profit hit by troubles in Kyrgyzstan

posted late Wednesday a net loss of $68 million or $0.29 per share for the fourth quarter of 2012, as a direct consequence of the ongoing troubles with the Kyrgyzstan government, which forced the ...

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Israel Starts Oil Exploration in Golan Heights

TEL AVIV, February 21 (RIA Novosti) – The Israeli government has issued the first license to explore for oil on the Golan Heights, the plateau in south-western Syria captured and annexed by ...

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Mediterranean Resources receives payment for first tranche from Turkish Partner

Feb. 21, 2013 /CNW/ - Mediterranean Resources Ltd. (TSX: MNR; Frankfurt: MHM1) ("Mediterranean") is pleased to announce that it has received from its new Turkish Strategic Partner, EMCo, ...

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Monument Welcomes Support from Major Shareholder

Feb. 21, 2013 /CNW/ - Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) ("Monument" or the "Company") today announced that it has reached an agreement with GoldMet B.V. ...

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