Egypt Mining and Drilling Chemicals Co
A third diamond from the Baghain river basin near Kalinjar in Banda district has paved the way for mining of the precious mineral in Uttar Pradesh. The Department of Minerals and Mining had launched a survey of the river basin a few years back.
The first diamond was found in 2005 and the second in 2007. […]
May 16th, 2008 – Posted in General, Precious metal
Australia’s domestic energy consumption is expected to rise nearly 50% from 2004-05 levels over the next 25 years, a government forecaster said Thursday. The Australian Bureau of Agricultural and Resource Economics forecast growth in Australian energy consumption to moderate from earlier growth trends, averaging 1.6% a year to 2030.
ABARE’s national and state projections 2029-30 report said […]
December 21st, 2006 – Posted in Alternative Energy, General
Endeavour International Corporation announced that a total of 297,851 shares of common stock were sold by its employees and directors in a private transaction to an undisclosed third party. The shares were sold to satisfy minimum tax withholding and estimated tax payment obligations of the employees and directors from equity compensation that vested on January […]
January 7th, 2007 – Posted in General, Mining Stocks
Crescent Resources Corp. has amended its agreement to acquire 100% of three mineral exploration licenses comprising the Boulder Lake uranium project covering 21,875 hectares in northwest Manitoba.
The terms of the agreement require the Company to have expended $250,000 of exploration expenditures on the Boulder Lake project by May 18, 2007. To date the Company […]
January 15th, 2007 – Posted in General, Uranium
Century Aluminum Co. and the United Steelworkers said Tuesday they reached a tentative agreement on a restructured last, best and final offer. Monterey-based Century had announced plans Monday to close its Ravenswood, W.Va., facility in the wake of a 72-hour strike notice from the union.
The company had said the action could put the future […]
August 2nd, 2006 – Posted in General
Drastic coal shortages despite massive natural deposits have had a ripple effect throughout Zimbabwe’s economy and ruined a deal to renovate the country’s biggest steelworks, the government has acknowledged. The energy crisis adds to the economic woes of Zimbabwe, which is already suffering from acute shortages of many basic commodities.
Industry Minister Obert Mpofu told a panel […]
September 24th, 2006 – Posted in Coal, General
Botswana may be on the way of joining the ranks of uranium producing countries following the announcement by Australian company, A-Cap Resources Ltd, Tuesday of calcrete hosted uranium mineralization at Mokobaesi, north of the capital Gaborone.
The Mokobaesi uranium prospect lies in the vicinity of diamond company Debswana’s Lethlakane mine in an area whose uranium mineralization […]
November 22nd, 2006 – Posted in General, Uranium
TORONTO — sxr Uranium One Inc. has signed up a western utility customer for its first sales contract from the Dominion uranium project in South Africa. It will provide 1.5 million pounds of uranium at market prices.
Production is slated to start in first quarter of 2007.
November 19th, 2006 – Posted in General, Uranium
Baoshan Iron and Steel (Baosteel), China’s largest steel maker, has contracted China Shipping Development to ship iron ore to feed its growing steel output, the shipping company says. China Shipping Development will ship 6 million tonnes a year of iron ore along the coast of China for three years starting in April 2007.
It will ship ore […]
January 30th, 2007 – Posted in General, Iron Ore
After instituting floors on over two-thirds of its natural gas production and part of its oil production, the CEO of Petroleum Development Corporation also decided to lessen his exposure to volatile natural gas prices by selling stock.
On September 28th, CEO Steven R. Williams sold 100K shares at $40.66 to reduce his holdings to 319.7K shares. […]
October 5th, 2006 – Posted in General, Oil and Gas
