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  • Lundin Petroleum Completes 7120-2-3S Well at Skalle Prospect
    News - 12 Jul 2011
    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...
  • Barrick Gold Looks to Secure Future with Copper
    News - 2 May 2011
    The world's largest gold mining company Barrick Gold has moved into copper mining at a large scale. The company expects to produce nearly 300 million pounds of copper in the current year along...
  • Bolivia Looks to Seize Mines
    News - 18 Apr 2011
    The government in Bolivia may seize mines amongst protests for wage increases. The Bolivian president Evo Morales has already seized control of gas fields, oil refineries, pension funds and...
  • Governor Vetoes Coal Gasification Plant in Jefferson County
    News - 16 Mar 2011
    What could have been the kiss of economic prosperity in southern Illinois is now being shown the metaphorical exit door by the Governor no less. Governor Pat Quinn has vetoed two bills that would...
  • Miners Upbeat at World’s Largest Mining Event
    News - 7 Mar 2011
    The Prospectors and Developers Association of Canada (PDAC) brought together the who’s who of the mining fraternity at the world’s largest mining convention as over 22,000 delegates...
  • Obama Proposes Hard Rock Mining Royalties
    News - 16 Feb 2011
    President Obama has submitted a new budget proposal to Congress that will charge royalties to mine some hard rock minerals. The budget proposes that new royalties on silver, gold and copper hard rock...
  • Russia's Largest Iron Ore Company Plans London Float
    News - 15 Feb 2011
    The largest iron ore producer in Russia is planning to sell 20% of its shares on the London Stock Exchange (LSE). This move of Metalloinvest will expect to value the company at £12.3 billion....
  • Ecopetrol Confirms Presence of Hydrocarbons at Exploratory Well Tinkhana-I in Putumayo
    News - 8 Feb 2011
    Ecopetrol S.A. (NYSE: EC; BVC: ECOPETROL; BVL: EC; TSX: ECP) informs that it has proven the presence of hydrocarbons at the exploratory well Tinkhana-1, located in the block known as Western Area in...
  • Chevron to Abandon Coal Mining
    News - 31 Jan 2011
    Chevron Corporation is gearing up to quit coal mining. The petroleum giant is actively looking for a buyer for its open pit mine located out of Kemmerer in western Wyoming. Margaret Lejuste the...
  • Cargill Acquires 85.01% of Sorini's Ordinary Shares
    News - 29 Jan 2011
    Cargill today completed its acquisition of a majority stake in PT Sorini Agro Asia Corporindo Tbk, first announced on 15 December 2010. Cargill now owns 85.01% of Sorini's ordinary shares....

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