In a historical step the Pennsylvania House approved a bill for a first ever tax on natural gas extraction.
By Dr. Cameron Chai
4 Oct 2010
An Indian company is bidding for the $2 billion privatisation of the Port of Brisbane along with two other groups led by Morgan Staley Infrastructure Fund and Global Infrastructure partners respectively.
By Dr. Cameron Chai
4 Oct 2010
The Australian Environment Minister Tony Burke has delayed the decision on the coal seam gas projects in Queensland State to October 22, 2010.
Thunder Mountain Gold, Inc. (OTC Bulletin Board: THMG; TSX-V: THM), a US-based exploration company focused on discovering and defining high grade, high quality precious and base metal resources has announced that the initial drilling program has begun on its 100 percent owned South Mountain Project located in Owyhee County, Idaho.
Paladin Energy (ASX:PDN)(TSX:PDN) has announced a doubling of its uranium reserves to 134 million pounds at its Langer Heinrich mine in Namibia.
BHP Billiton's hostile takeover bid for Potash Corporation of Saskatchewan has run into its first major hurdle. The $38.6 billion deal is the focus of a key report that the Canadian government is to receive this week.
Affinity Gold Corp. (AFYG.pk) has released a corporate update regarding the Company's progress over the previous 45 days as well as a look ahead to the coming months.
TAG Oil Ltd. (TSX-V: TAO) reports a new oil discovery in New Zealand's Taranaki Basin with the Sidewinder-1 exploration well, located within TAG's 100%-controlled, 7,910 acre, Broadside exploration permit PEP 38748.
National Coal Corp. (Nasdaq: NCOC), a Central and Southern Appalachian coal producer, announced today that it has agreed to be acquired by Ranger Energy Investments, LLC (Ranger Energy), an acquisition vehicle for Jim Justice, a businessman and operator of Appalachian coal assets.
Rare earth company Molycorp, Inc. (NYSE: MCP) announced today that one of the world's leading experts in the design and manufacture of permanent rare earth magnets, which are integral to advanced wind turbines, hybrid vehicles, defense systems and computers, is re-joining Molycorp to help direct the Company's re-establishment of magnet manufacturing business in the U.S.
General Electronics is launching a new machine to recycle water in a controversial gas drilling process which is called hydraulic fracturing.
By Dr. Cameron Chai
1 Oct 2010
Cuba is now looking to drill for oil just a few miles off the coast of Florida, USA.
By Dr. Cameron Chai
1 Oct 2010
The Argentine Congress has passed a law imposing strict limits on mining near glaciers. The law which was passed on Thursday is likely to affect foreign investments in the mining industry in Argentina. It was approved in the Senate by a vote of 35 to 33 with one abstention.
Newcrest Mining Ltd (ASX:NCM) is taking on a stake in a joint venture in Papua New Guinea by entering into a deal with Triple Plate Junction Plc.
Gold Reserve Inc. (TSX:GRZ) (NYSE-Amex:GRZ) has announced that it has filed its arbitration claim against the Bolivarian Republic of Venezuela with the World Bank's International Centre for Settlement of Investment Disputes ("ICSID"), in accordance with the provisions of the Canada-Venezuela Bilateral Investment Treaty ("BIT").