Polands PGNiG now weeks away shale gas drilling results
WARSAW | Fri Feb 15, 2013 10:49am EST WARSAW Feb 15 (Reuters) - Polish gas monopoly PGNiG has now completed its first, but delayed, horizontal fracturing well probing a shale gas prospect ...
View ArticleUPDATE 1-Guinea publishes mining deals online in transparency bid
Fri Feb 15, 2013 11:10am EST * Guinean mining long plagued by graft, mismanagement * Soros-backed watchdog hails transparency initiative By Saliou Samb CONAKRY, Feb 15 (Reuters) - Guinea's ...
View ArticleCanada Lithium Granted up to $6.5 million for Lithium Metal Pilot Plant from...
Canada Lithium to construct a pilot plant to test the viability of refining lithium metal from the Company's lithium products, soon to be produced from the new mine and process plant ...
View ArticleGoogle-funded space mining firm could protect Earth from asteroid threats
--> Early this morning a meteorite soared over Russia’s Ural mountains and exploded in a sonic boom that shattered glass and set off car alarms. It’s estimated 500 people are ...
View ArticlePetmin to report lower H1 earnings
JOHANNESBURG (miningweekly.com) - Johannesburg- and London-listed junior miner Petmin on Friday said it expected its earnings per share (EPS) from continuing operations to fall by about 16% for the ...
View ArticleEni Reports 2012 Record Year of Exploration
Italian major ENI reported Friday that its average oil and gas output for the fourth quarter of 2012 averaged 1.75 million barrels of oil equivalent per day, in line with expectations. The figure was ...
View ArticleDMCI Holdings Upgrades Toledo Mining Stake to 37.7 Makes Cash Offer to Buy
DMCI Mining, a subsidiary of Phillipines-based industrial group DMCI Holdings Inc. (DMC.PH), Friday increased its stake in Toledo Mining Corporation PLC (TMC.LN) from 17.0% to 37.7% and said it will ...
View ArticleU.S. sanctions crossed out gold-for-gas trade between Iran and Turkey report
The Turkey-Iran gold-for-gas exchange can be considered dead as tighter U.S. sanctions imposed on Teheran have already stopped Turkish Halkbank from processing other countries' energy payments ...
View ArticleFriday Sector Laggards Precious Metals Rental Leasing Royalty Stocks
In trading on Friday, precious metals shares were relative laggards, down on the day by about 2.8%. Helping drag down the group were shares of Almaden Minerals Limited (AAU), off about 9.5% and ...
View ArticlePitkin County asks VP first lady to help stop drilling
ASPEN, Colo.-Pitkin County officials plan to ask Vice President Joe Biden and first lady Michelle Obama for help in preventing a Texas-based energy company from drilling natural gas wells in western ...
View ArticleArmour Engages Drilling Contractor for 2013 Campaign
Armour Energy revealed Tuesday that it has entered into a contract with Silver City Drilling for a series of wells in the onshore McArthur, Isa Super and South Nicholson ...
View ArticleDe Beers sees diamond market showing signs of recovery focused on SA mine...
De Beers Group said Friday jewellery demand will experience moderate growth this year, which represents a major shift from the 12% decline in rough diamond prices last year. Announcing its financial ...
View ArticleThe worst mining deal ever Rio Tinto buying Alcan for $38.1B
Wall Street Journal (paywall) looked back to revisit what one principal called "the worst decision ever": Rio Tinto buying Alcan for 38.1 billion in 2007. In 2007 Rio Tinto's new CEO ...
View ArticleRussia rocked by meteorite explosion
meteorite explosion in the stratosphere in the Russian Chelyabinsk region has injured nearly 1,000 people, according to the Russian Interior Ministry. At roughly 9:15 a.m. local time, a massive ...
View ArticleBenton Sells Stake in Stillwater Mining for $5.02 Million USD
Feb. 15, 2013 /CNW/ - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") is pleased to announce that it has completed its disposition of 348,053 shares of Stillwater ...
View ArticleNew Brunswick unveils new rules for shale gas exploration
The New Brunswick government pushed ahead with dozens of new regulations governing shale gas exploration on Friday with the hope of creating jobs in a province that's hungry for economic ...
View Article10 Metals Stocks With Big Rebound Potential
In 2012 most asset classes (such as stocks and bonds) performed well, but a noticeable laggard was commodities and commodity-related investments. Among other things, that asset class was hurt by ...
View ArticleForbes Earnings Preview Newmont Mining
fourth quarter results in the month leading up to the company's earnings announcement slated for Thursday, February 21, 2013. The consensus analyst estimate has dropped from $1.05 a share to the ...
View ArticleSAS reports solid Q4 full-year performance costs decline
TORONTO (miningweekly.com) – Ontario-focused gold producer St Andrew Goldfields (SAS) on Thursday reported fourth-quarter net earnings attributable to shareholders, of $12.6-million or $0.03 a ...
View ArticleCliffs share offers priced to raise up to $1bn
Cliffs Natural Resources, a US-based coal and iron-ore miner grappling with low commodities pricing and escalating costs, could raise up to $1-billion through two separate equity offers announced ...
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