Mining, Oil & Gas News & Blog

Entries for August 2015

29
Kevin Foo the Chairman at Victoria Oil & Gas is beginning to look at new projects

The Company is beginning to explore new areas and projects now that it is in a "stable and solid position" thanks to its work in Cameroon.

[Read More]

Posted in: Oil and Gas
29
Independent Oil and Gas pursues ‘contractor led’ funding

IOG has enough funds until early October, and is in talks with investors

[Read More]

Posted in: Oil and Gas
28
Solo Oil getting close to start producing  at Kiliwani North says Ritson

Solo Oil chairman Neil Ritson, says the company, along with its partner Aminex, will start producing gas from the Kiliwani North field onshore Tanzania imminently.

[Read More]

Posted in: Oil and Gas
28
Simba Energy shares soar as Essel tie-up gets go ahead

Simba Energy shares jumped 60% in Toronto after it confirmed the proposed tie-up with India’s Essel to explore Kenya had got the go ahead.

[Read More]

Posted in: Oil and Gas
24
Mariana CEO: Quality of Hot Maden ounces “phenomenal”

Glen Parsons, the chief executive of Mariana Resources said says the quality of ounces in the firm’s Hot Maden project in eastern Turkey are phenomenal.

[Read More]

Posted in: Mining
24
Sunrise Resources chair excited by Bay State prospects ahead of drilling

Patrick Cheetham, the executive chairman of Sunrise Resources says the company’s Bay State silver project in Nevada has the potential to be a company maker.

[Read More]

Posted in: Mining
24
KEFI Minerals chair: Tulu Kapi funding requirements could fall further

Harry Adams, executive chairman of Kefi Minerals is eyeing further reductions in the funding required for the firm’s Tulu Kapi gold project in Western Ethiopia.

[Read More]

Posted in: Mining
24
Aureus Mining CFO updates on New Liberty after ceremonial opening

Paul Thomson, chief financial officer of Aureus Mining provides an update on the firm's New Liberty mine in Liberia after the President of Liberia, Ellen Johnson Sirleaf, attended a ceremonial opening at the site.

[Read More]

Posted in: Mining
24
Orosur Mining taking decisive steps to tackle gold price

Orosur Mining takingthe steps in order to deal with the weaker price of gold.

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Posted in: Mining
11
Egypt awards oil and gas concessions worth US$100mn

Egypt has awarded five oil and gas concessions that are expected to bring in a minimum total investment of US$100mn

[Read More]

Posted in: Oil and Gas
11
Independent Oil & Gas exploring options after backer pulls out

Almost £4.4m was wiped off the value of Independent Oil & Gas on Monday morning after an internationally listed backer unexpectedly pulled out

[Read More]

Posted in: Oil and Gas
11
The 1st Iran-European post-sanctions oil contract signed

Italian Eni's chemicals subsidiary Versalis signed a Technology Transfer Contract with National Iranian Petrochemical Company

[Read More]

Posted in: Oil and Gas
10
International energy watchdog says availability of crude is growing while demand is slowing – meaning prices have not yet bottomed out

According to Guardian Newspaper International energy watchdog says availability of crude is growing while demand is slowing

[Read More]

Posted in: Oil and Gas
10
Amur Minerals to collaborate with Russian development fund

As well as new sources of capital, it will also allow access to federal financing earmarked for infrastructure development.

[Read More]

Posted in: Mining
10
W Resources intends to fast track at Regua after drill results please
W Resources is now considering a shallow open pit mine design in a first phase.

[Read More]

Posted in: Mining
04
Eurasia Mining after  West Kytlim approval, restarts exploration at Mochetundra

Exploration will focus on the West Nittis area, where near-surface high-grade platinum and palladium mineralisation

[Read More]

Posted in: Mining
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