Mining, Oil & Gas News & Blog

Entries for July 2014

30
West African Minerals explores two  new deposits in West Africa
West African Minerals has announced that they have identified two new potential iron ore deposits in Cameroon and Sierra Leone from its recent geophysics and mapping programme.

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Posted in: Mining
26
Circle Oil is returning to more politically stable footing in Egypt with upturn in foreign investments.
Stable Political backdrop in Egypt, owes much to the consummate professionalism of the state-owned Egyptian General Petroleum Corporation according to CEO Chris Green.

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Posted in: Oil and Gas
26
Victoria Oil & Gas sales rise after gas-to-power roll-out
Victoria Oil & Gas last week revealed a significant increase in gas sales following the addition of gas-to-power customers in Douala, Cameroon.

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Posted in: Oil and Gas
26
ISDX-listed Anglo African Agriculture targeting place on AIM
Craig Forbes, the chief executive of agricultural trading group Anglo African Agriculture is eyeing up a move from the ISDX market to the more established Alternative Investment Market (AIM).

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Posted in: Oil and Gas
25
Junior Canadian Oil Producer, Edge Resources boosted by significant debt refinancing
Junior Canadian oil producer Edge Resources has unveiled a significant debt refinancing which will boost its growth plans.

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Posted in: Oil and Gas
22
Africa Oilfield Logistics CEO outlines catalysts to future growth for the company
Africa Oilfield Logistics Carl Esprey, spells out what catalysts investors can look forward to in the coming months.

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Posted in: Oil and Gas
22
Mwana Africa expects nickel price rise to boost performance next year
With high nickel price and the various issues overcome recently at the Freda Rebecca gold mine in Zimbabwe the company has no plans to sell any of its projects -- joint venturing is the name of the game.

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Posted in: Mining
21
Sula Iron & Gold's Warrell 'very confident' of hitting JORC targets
Following the completion of drilling programmes on the two iron ore types found at the Ferensola project in Sierra Leone.

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Posted in: Mining
21
Trinity Exploration & Production CEO: US$23mln acquisition fits strategy
Trinity Exploration & Production US$23mln acquisition fits strategy in the latest asset acquisition offshore Trinidad fits the strategy of “going after stranded reserves that are not necessarily material in size for majors”.

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Posted in: Oil and Gas
03
Xcite Energy working towards Bentley FDP as completes financing
Xcite Energy field development plan for the Bentley project in the North Sea moved a step closer with completion of its previously announced bond issue.

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Posted in: Oil and Gas
03
Mine for sale as Strategic Natural Resources puts Elitheni up for sale
Strategic Natural is conducting a strategic review of its Elitheni coal mine in South Africa.

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Posted in: Oil and Gas
03
Chile is to capitalise Codelco with $200m injection
Chile's government will be capitalising the state-owned Codelco with $200 million to help finance the miner’s investment plans.

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Posted in: Mining
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Latest News
Highlands Natural Resources Core Projects by Salar Golestanian
Independent assessments of the group’s three main assets is revealed
Golden Saint indicates encouraging Rock Forage preliminary estimates by
Rock Forage develop the alluvial exploration targets at the Tongo and Baja licences in Sierra Leone into inferred resources.
Bezant Resources explores the potential of Choco project by Salar Golestanian
Bezant Resources plc is to commission an independent scoping study at the Choco gold-platinum project in Colombia.
SDX Energy boss hails a $30mln Circle Oil asset acquisition by Salar Golestanian
The deal will see SDX increase net production by almost 250% to 4,705 barrels oil equivalent per day
Redeveloping the Monty Zinc deposit by Salar Golestanian
The project is all there ready to go with infrastructure in place

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