China-Africa Sunlight coal exploration project launched in Zimbabwe
A large-scale Sino-Zimbabwe joint coal exploration project, dubbed China-Africa Sunlight Exploration, broke the ground in Zimbabwe's western province of Matabeleland North on Wednesday. The ...
View ArticleChinese gas pipeline ready to serve Hong Kong
China's second west-to-east gas pipeline is ready to supply natural gas to Hong Kong, as branch lines linking Hong Kong with the pipeline went into operation on Wednesday, according to the China ...
View ArticleSinopec Conocophilips to research W China shale gas
The Sinopec Group, the world's fifth-largest oil company, said Tuesday it will jointly study shale gas development with Conocophilips in west China's Sichuan Basin over the next two years. ...
View ArticleIron ore prices rise on falling inventories
Import prices of iron ore continued to rise last week, with mills replenishing stocks amid a tentative rebound in the steel sector, according to Xinhua's latest iron ore price report released ...
View ArticleAllegheny council committee approves drilling at airport
Gas drilling at Pittsburgh International Airport could get final approval next week because an Allegheny County Council committee on Thursday voted in support of a deal with Consol Energy ...
View ArticleA Pamela Anderson pump-and-dump stock scam that people actually believed
Fourteen people were arrested today and charged with stock manipulation that bilked 20,000 investors out of an accumulated $30 million. According to the United States Attorney's Office for the ...
View ArticlePerseus Mining Continues Earnings Growth
"The production challenges that reduced first half gold production below expectations will be put behind us shortly with the remediation of the crusher at Edikan and we are looking forward to ...
View ArticleGeorox Resources Inc. - Coteau Lake Saskatchewan Update
Nov 27th, 2012 regarding the second horizontal well on the Coteau Lake, southeastern Saskatchewan prospect namely 4C8-10-2D4-10-1-20W4, spudded ...
View ArticleChina to introduce gold ETFs
China's securities regulator published provisional rules for the operation of gold exchange-traded funds, or ETFs, on Friday, paving the way for introducing such business into the country's ...
View ArticleWest Texas Intermediate oil is in surplus but dont expect low gas prices
great explanation of why the spread between West Texas Intermediate has risen so high compared to Brent and why gas prices still won't fall. The spread is at near historically high levels, ...
View ArticleGalaxy Results of General Meeting
Feb. 15, 2013 /CNW Telbec/ - Galaxy Resources Limited (ASX: GXY) is pleased to advise that all resolutions detailed in the Notice of General Meeting were passed by the requisite majority on a show ...
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Mining giant Rio Tinto reports full year loss of $3bn
MELBOURNE - Rio Tinto, second largest global mining company, Thursday reported its first full-year loss of $3 billion (1.93 billion pounds) in 21 years of operation, after writing down the value of ...
View ArticleMississippians largest leaseholder Chesapeake isnt drilling in Kansas
Chesapeake Energy Corp. has leases on about 2 million acres on the Mississippian Lime, an oil and gas play beneath much of Kansas and Oklahoma. But at least in Kansas, the company hasn't been ...
View ArticleUPDATE 1-Parker Drilling settles bribery charges sees fourth-quarter loss
Fri Feb 15, 2013 9:43am EST * To take $15.85 mln charge in connection with the settlement * Sees fourth-quarter adj loss of 3 to 5 cents per share Feb 15 (Reuters) - Parker Drilling Co said it ...
View ArticlePlaying Precious Metals Through ETFs
Step aside gold, its platinum and palladium's time to shine. The two metals are off to a strong start this year, sending exchange-traded funds indexed to the precious metals to 17-month highs. ...
View ArticleAltitude Resources closes Qualifying Transaction and commences trading on TSX...
Feb. 14, 2013 /CNW/ - Altitude Resources Ltd. (TSX-V: ALI) is pleased to announce today that it has completed a qualifying transaction and the reverse take-over of Triumph Ventures III. As a result ...
View ArticleBuildmax brings BEE shareholding to over 25
The broad-based black economic-empowerment (BBBEE) shareholding of opencast mining contractor and construction materials supplier Buildmax had increased to over 25% following the conclusion of a new ...
View ArticleMwana halts work at Freda Rebecca after five injured in leach tank collapse
Zimbabwe after a leach tank collapsed injuring five employees.Mwana said one of the site's leach tanks ruptured and collapsed onto a neighbouring tank causing the leaching slurry to spill onto ...
View ArticleWrite-downs push Anglo American to US$1.5 billion loss
Brazil and its 79.8% stake in Anglo American Platinum Ltd (Amplats).The loss compares to a profit of nearly US$6.2 billion in 2011.Underlying earnings before write-offs also fell significantly from ...
View ArticleForbes cancels Riversdale acquisition
JOHANNESBURG (miningweekly.com) – TSX- and JSE-listed Forbes & Manhattan Coal on Friday said it had cancelled an acquisition agreement with Riversdale Mining after the takeover ...
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