Indigenisation and Empowerment Minister Saviour Kasukuwere said that the government of Zimbabwe had not thrown out all 175 indigenization proposals that it had received from mining companies.
Great panther Silver has acquired four mining concessions in Mexico spread across 1,514 ha.
Chinook Energy has announced the drilling results from the discovery of Doig oil and natural gas at 15-1-86-22W6M in the Red Creek region, northeastern British Columbia and completed the first commercial operation.
As per the latest quarterly report from the CommSec State of the States, Western Australia (WA) is the leading economy in Australia. WA is leading the country with strong economic growth in the mining and engineering sectors helping to raise the commercial construction and exports.
Gina Rinehart said that the international competitiveness of Australia would be impaired by the proposed mining and carbon taxes. The iron ore heiress was speaking on the sidelines of the Boao Forum for Asia business conference in Perth.
The Western Australia Premier Collin Barnett told Asian and Australian businessmen that the state was going to become the world’s leading mining economy within a decade. Speaking at the Boao Forum For Asia (BFA) business conference in Perth he also mentioned that Western Australia (WA) would be the largest or at least second largest producer of liquefied natural gas (LNG) by 2020.
Lundin Petroleum has announced that its subsidiary, Lundin Norway has completed the 7120/2-3S well at the Skalle prospect and discovered it as a gas well. It has obtained a complete logging and coring program.
The Chinese are worried about the mining reforms that Australia is planning. With the proposed mining tax coming up the Chinese diplomat Ouyang Cheng warned it would be difficult for Australia and China to maintain a healthy and steady economic co-operation unless reforms to foster Chinese investment were made.
China Energy Conservation & Environmental Protection Group plans to build a clean coal plant in Inner Mongolia in partnership with Seamwell International Ltd. The state owned project developer and the West Yorkshire, UK-based firm will collaborate on the $1.5 billion project.
Petrolympic has reached a 3,980 ft target depth (TD) by drilling its appraisal well 80-2v at the Chittim Ranch property.
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