Nova Mining Corp. management has been closely studying Apple's most recent successes with anticipation in order to evaluate the current and future worth of lithium supplies. Currently, Bloomberg Business, Barron's and Seeking Alpha have pointed out that the explosion in iPad sales; smartphones and new electric car manufacturing are already straining worldwide Lithium supplies. MarketResearch.com has forecast the Lithium battery market to quadruple to $43 Billion.
Nexen Inc. today announced that we have reached two major milestones in our plan to fill the Long Lake upgrader: first oil production from pad 12 and first steam into pad 13.
MBAC Fertilizer Corp. announced that it has filed a technical report pursuant to National Instrument 43-101, entitled "Mineral Resource Estimate - Araxá Rare Earth Oxide-Phosphate-Niobium Project, Minas Gerais State, Brazil" with Canadian securities regulators, pursuant to the Company's news release dated June 19, 2012.
Hondo Minerals Corporation today announced an updated report as it commences commercial scale production at its Old Tennessee Mine in Chloride, Arizona. The Company has completed initial construction of its first commercial scale extraction plant that will be used to process the estimated one million tons of tailings and dumps at the mine site. The Company intends to extract gold, silver, zinc, lead, and other metals that it believes to be present from the pile.
The past two years have seen a dramatic change in the outlook for U.S. Chemical companies. In 2010, the industry seemed well rationalized, but with few opportunities for significant revenue growth and – outside of R&D – precious little expansionary investment. However, with the commercialization of shale gas in the U.S., the industry has seen a remarkable turn of fortune, according to a KPMG report, The Future of the U.S. Chemical Industry.
Given rising customer demand, Ensco plc has exercised one of two options for an additional advanced-capability DP3 ultra-deepwater drillship based on the Samsung GF12000 hull design. The vessel, ENSCO DS-9, will be the seventh Samsung DP3 drillship in the Ensco fleet, extending the benefits of Ensco's fleet standardization strategy. It will be built at the Samsung Heavy Industries, Co. Ltd. (SHI) Shipyard in South Korea, with delivery scheduled for the fourth quarter of 2014.
The Graystone Company announced today that its retail division www.Graystonegold.com has sold nearly 100 ounces of gold and silver to date this year. Graystonegold.com was launched in January 2012.
BrassCraft Manufacturing, a leading manufacturer continuously developing solutions for the ever-changing plumbing industry, is meeting the new no-lead laws head on with a full range of high quality compliant products.
Alexandria Minerals Corporation reported today that three shallow holes intersected a new, potentially significant gold zone on the Company's 100%-owned Akasaba Gold project in Val d'Or, Quebec. The three holes intersected the target horizon some 500 meters west of the previous westernmost holes, increasing the length of the Main Mine Horizon to 1,600 m.
The Bureau of Ocean Energy Management (BOEM), the government authority in charge of the bidding procedure in the US, revealed that the most competitive bids in 6 blocks were placed by Ecopetrol in the Central Planning Area Lease sale 216/222 through its US associate, Ecopetrol America.
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