Mining, Oil & Gas News & Blog

Entries for March 2013

31
Ithaca Energy remains steady after making premium takeover bid for Valiant Petroleum
Intended Valiant Aquisition on March 1, 2013 where the Company announced the intended acquisition of Valiant Petroleum plc ("Valiant") for a total enterprise value of approximately $459 million. The Valiant Board is recommending approval of the offer to its shareholders and the transaction is scheduled to close around mid April 2013.

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30
Ortac Resources receives final draft of Šturec PFS - Central Slovakia
Ortac Resources (LON:OTC) announced late on Thursday that it has received the final draft of the pre-feasibility study (PFS) on the Šturec proj...

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30
CRU announced details of its 12th World Copper Conference on the 8-10 April at the Grand Hyatt Santiago, Chile.
CRU’s 12th World Copper Conference during CESCO Week is the industry’s venue of choice. The conference attracts over 600 leaders from the mining, financial and related industries.

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30
Ways to protect your trade mark  - protect your brand
Most organizations in Mining, Oil and Gas don't have the habit of spending a lot of time money  and efforts in protecting their trademarks. it is normally very expensive to do so in multiple jurisdictions. Most organizations do have one domain name, XYZ.com and think this is enough.

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30
Junior Mining Company Rambler Metals & Mining moves into black
Rambler Metals and Mining has announced its maiden profit in its first full quarter as a commercial copper and gold producer. In the three months to January 31, 2013, the group logged a pre-tax profit of C$1.93mln, compared to a loss in the corresponding quarter of last year of C$1.04mln.

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30
Calgary Energy & Resource Investment Conference 2013
The annual Calgary Resource Investment Conference is back at the Telus Convention Centre. Mineral exploration, mid tier producers, mutual fund and bullion, and online research companies will exhibit throughout the two days. 

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28
Conroy Gold in Ireland announced subscription for 20,843,000 new ordinary shares at 2.75 pence per share to raise £573,183
Proceeds of the subscription to be applied to fund the Company’s ongoing programme at  its Clontibret gold target where it proposes to develop a gold mine and for working capital  

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28
Efficient Gold Mining by Shanta Gold is required considering the uncertain time ahead for Gold
Earlier this year Shanta Gold (LON:SHG) has signed and drawn down from a US$30mln medium-term facility with FBN Bank.

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26
UMC's Hart says Papua New Guinea a "top oil and gas province" for UMC enabled via tie-up with CNOOC
Chris Hart, technical director of UMC Energy (LON:UEP), extols the virtues of Papua New Guinea, the up and coming oil and gas destination. He reveals how the company's access to infrastructure will be key to success.

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26
Geopark Holdings Limited announces new successful oil wells in Colombia
GeoPark Holdings the Latin American oil and gas explorer, operator and consolidator with operations and producing properties in Chile, Colombia and Argentina announced the successful drilling, testing and putting into production of two new oil wells in Colombia:

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25
Carnarvon Petroleum Limited provide Thailand operations update
Following recent meetings, Carnarvon and Towngas have agreed to work collaboratively on completing this water-flood development. Carnarvon’s technical team will focus on finalizing the subsurface work that includes the sandstone reservoir connectivity assessment and the field production plan.

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24
Gold production costs vary significantly across the glob
With forward gold price fluctuating by as much as $200 USD from the present value - it is important for investors to consider the production costs more than ever. in recent days we have seen production prices quoted anything from $500-1000 USD an ounce.

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Posted in: Mining
22
Stratex International has the cash to start a transformational year
Dr Bob Foster, CEO Stratex International , tells Proactiveinvestors that after a 'transformational year, the company now has the treasury to take the company to the next level. Bob talks about production in Turkey by end 2013 to 2014 and possibly enlarging the group's African assets by buying projects there to fast track other production.

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22
Falcon Oil and Gas Interview with Proactive Investor by Proposed Admission on AIM and ESM
Philip O'Quigley, CEO of Falcon Oil & Gas(CVE:FO), tells Proactiveinvestors that the management speaks for itself and, with assets across three continents, it is well diversified. Philip talks about the new AIM listing and Falcon's strategy to find high value assets and increase shareholder value by bringing in high profile partners.

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21
Bushveld Minerals has major potential developing mineral projects on the Bushveld Complex of South Africa
The South-Africa focused firm has an experienced team and some exciting prospects with huge potential, reckons analyst Mark Heyhoe. In addition, its flagship Mokopane iron deposit in Limpopo province is in a prolific mining district that already boasts extensive infrastructure

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21
Chaarat Gold in talks with Chinese gold giant in the Kyrgyz Republic
Dekel Golan, Chief Executive of Kyrgyz Rebublic-based Chaarat Gold, tells Proactiveinvestors about his firm's ongoing negotiations with Shandong Gold, China's third largest gold producer. 

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21
More on Prodigy team making the switch for Sienna Gold
Chief Executive Brian Maher in an interview with Proactive Investor explained that Sienna Gold  scored a coup when the hugely successful team behind Prodigy Gold decided to make the switch following the latter's takeover by Argonaut.

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20
Pura Vida Energy estimates offshore Gabon discovery at 20mln barrels of oil
Earlier Pura Vida Energy estimates offshore Gabon discovery at 20mln barrels of oil at the Loba M 1 discovery, offshore Gabon. The company acquired the Nkembe block that hosts the discovery in January, and it has now completed its initial evaluation of data from the Loba M 1 well which was drilled in 1976.

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20
Aureus Mining has released its FY’12 financial results and announced a new debt funding facility for New Liberty.
Aureus Mining (LON:AUE) has released its FY’12 financial results and announced a new debt funding facilty for New Liberty Gold project.

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19
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