Mining, Oil & Gas News & Blog

Entries for May 2013

31
Caledonia the exploration company present next Thursday at Proactive Investor Forum
Proactive another of their One2One Forums in London on Thursday next week and Presenting will be Caledonia Mining  . This will be taking place at the Chesterfield Mayfair Hotel, Charles Street on June 6 at 6pm.

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30
Bridge Energy is presenting at Proactive Investors One2One Investor Forum - London
Bridge Energy on Thursday the 6th June Chesterfield Mayfair Hotel, The presentations will start at 6:00pm and finish at approx 8:00pm. After the presentations are complete the directors will also be available to take questions during a free canapé and wine reception. Details on the presenting companies can be found below.

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28
Armour Energy, Egilabria 2 vertical well update in Carpentaria Basin
The Directors of Armour Energy Ltd (ASX: AJQ, the Company) wish to provide an update of progress with drilling of the Egilabria 2 vertical well in the Company’s 100% owned tenement (ATP 1087) in Queensland.

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28
Bengal’s Drilling Campaign continues to show 100% success rate at cuisinier in the Cooper Basin
Bengal Energy Ltd. is pleased to announce that Cuisinier 11 , the fourth well in the 2013 Cuisinier appraisal drilling campaign on the Barta sub-block portion of Authority to Prospect (“ATP”) 752P in the Cooper-Eromanga Basin, in Queensland, Australia, has been cased as a future oil producer.

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28
Sovereign Mines of Africa moving as fast as it can to prove up its asset
David Pearl, Chairman of Sovereign Mines of Africa , tells Proactiveinvestors that, with its 'unusually strong' management team and the Republic of Guinea as a significant minority shareholder, SMA is working towards the cheapest possible form of mining with a low grade open pit mine. 

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26
World Resource Investment Conference 2013
The annual World Resource Investment Conference will be held at the world renowned Vancouver Convention Centre. Mineral exploration, mid tier producers, mutual fund, bullion, and online research companies will exhibit throughout the two days. 

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26
Detour Gold out to raise $153 million for Lake mine near Cochrane mine in northeastern Ontario
Detour Gold announced May 21 that it has entered into an agreement with a syndicate of underwriters, led by BMO Capital Markets, in buying 17,500,000 common shares of the company in order to raise $153 million.

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25
Canacol Energy Ltd. provides Colombia and Ecuador operations update
Canacol Energy Ltd. provided the following update related to its production and drilling operations in Colombia and Ecuador. The Corporation has recently brought the first 2 of its 9 planned production wells for 2013 on stream: Labrador 2 at its 80% operated working interest Labrador oil discovery on the LLA 23 

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25
Mediterranean Oil & Gas Plc provide offshore Malta Area 4 drilling update
The Board of Mediterranean Oil & Gas Plc (AIM: MOG) is pleased to provide the following update on offshore Malta Area 4, in which the Company has a 25% interest.

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25
Bowleven oil & gas provide group operations update
Bowleven, the Africa focused oil and gas exploration group traded on AIM, announces the following update on operations on the Etinde Permit in Cameroon.

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25
Pan Pacific Petroleum preparing to drill in Vietnam
Pan Pacific Petroleum is pleased to advise that the "Ocean General" semi-submersible drilling rig is now on tow to Block 121 to drill the whale prospect as well Ca Voi-1X. The well is expected to spud during the first week of June.

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22
Kincora Copper adapts to new exploration targets on its Bronze Fox project in Mongolia
Sam Spring, President and CEO of Kincora Copper, tells Proactiveinvestors that after putting in place a full re-examination of its work last year at Bronze Fox, it is now refining its exploration targets for this year. Sam also discusses the new remuneration structure for company directors.

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22
Mariana Resources to present at Proactive Investors one to one Forum
Mariana Resources Ltd is an AIM quoted exploration and development company with an extensive portfolio of gold, silver and copper projects in southern Argentina and now Peru and is presenting at Proactive Investor Forum this Thursday.

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21
GoldPlat is presenting in Proactive Investors One2One Investor Forum - London
Goldplat is a profitable, African gold producer and exploration company with five primary assets including three mining and development projects in Kenya, Burkina Faso and Ghana, and two profitable gold recovery operations in South Africa and Ghana. 

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19
Century Iron Mines looking for C$60mln cash flow a year from 2015
Sandy Chim, President & CEO of Century Iron Mines (TSX:FER), tells Proactiveinvestors that the recent Preliminary Economic Assessment shows C$60mln of cashflow a year from the Joyce Lake project from 2015. Sandy also talks about the shares that the management team have been buying.

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18
St. Augustine Gold and Copper announces US$11 million financing
St. Augustine Gold and Copper Limited (TSX:SAU)  announced this week a private placement with Queensberry Mining and Development Corp.

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17
African Eagle Resources sets out plans to retain nickel licences
African Eagle (LON:AFE) unveiled plans to preserve cash and undertake a restructuring to keep hold of the main licences for its nickel assets.

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15
Armour Energy Limited provide Egilabria 2 vertical well update
The  Directors  of  Armour  Energy  Ltd  explained  that  the  Egilabria  2  well  in  its  100%  owned  ATP  1087  in  Queensland  was  spudded  on  Sunday,  12  May  2013.  A  12m  surface  casing  has  been  set  and  preparation  is  underway  for  drilling  to  commence  out  from  the  surface  casing  late  on Tuesday.  

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15
Dejour Energy readies for initial Kokopelli production
Dejour Energy Inc. an independent oil and natural gas exploration and production company operating in North America's Piceance Basin and Peace River Arch regions,  announced that it has now reached total depth of 8130 feet in the Federal 6-7-15-21

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15
Far East Energy announces spudding of 14th well of 2013, preliminary drilling results and release of Q1 2013 results
Far East Energy Corporation  announced that appraisal well SYS03 has reached total depth; preliminary gas content has been determined for the SYE06 appraisal well; and, the 108D, an additional production well has spudded, bringing to 14 the number of wells spudded thus far in 2013.

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