CNOOC Ltd. Announces Commencement of Oil Production from BZ 29-4 Print E-mail
Monday, 26 July 2010 05:51
CNOOC Limited ("CNOOC Ltd.") announced that BZ 29-4, an independent oilfield in the Bohai Bay, has commenced production successfully.

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African Queen Mines Commences Field Exploration at Rongo Gold Field Project in Kenya’s Lake Victoria Greenstone Belt Print E-mail
Monday, 26 July 2010 05:47
AFRICAN QUEEN MINES LTD. announced that it has now commenced its Phase 1 Exploration Program on the Rongo Gold Field Project in the Kanango gold mining area of the Migori District of Nyanza Province in Southwest Kenya near Lake Victoria.

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AngloGold Ashanti: Tau Lekoa - finalisation of sale Print E-mail
Monday, 26 July 2010 04:54
AngloGold Ashanti announced that the Department of Mineral Resources has transferred the mining rights for its Tau Lekoa Mine to Buffelsfontein Gold Mines Limited, a wholly-owned subsidiary of Simmer & Jack Mines Limited (Simmers). Full ownership of Tau Lekoa and the adjacent properties of Weltevreden and Goedgenoeg will pass to Simmers on 1 August 2010.

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CNOOC Helps Clean up Oil Spill in Dalian Print E-mail
Monday, 26 July 2010 04:53
By 2 p.m. on July 20, three days after the oil spill cleanup started in Dalian, "Hai Yang Shi You 252", "Hai Yang Shi You 603", "Binhai 263" and "Binhai 265", four specialized vessels dispatched by CNOOC for support, had collected 960 cubic meters of oil slick.

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World Diamond Council concludes 7th Annual Meeting with KP agreement on export of diamonds from Marange Print E-mail
Monday, 26 July 2010 02:58
The World Diamond Council wrapped up its 7th Annual Meeting in St. Petersburg today, with the welcome announcement that the Kimberley Process had reached consensus on an agreement that will enable the renewal of rough diamond exports from the Marange diamond fields in Zimbabwe.

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Grange Disposes of Majority Share of Murchison Copper Mines Pty Ltd (“MCM”) Print E-mail
Monday, 26 July 2010 02:32
Grange Resources Limited (“Grange”), Australia’s leading magnetite producer, announced it has sold its 79.3% share of MCM to Horseshoe Metals Limited (Horseshoe Metals).

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Partnerships for Polish Shale Gas (NGFE) Print E-mail
Monday, 26 July 2010 02:09
  • Patience can lead to a pay off

In the shale gas industry, there may be no “sure thing” but an effective partnership and some patience can sometimes lead to a big payoff.

Just ask Al Holcomb, Vice President of Strategic Planning at Lewis Energy Group, who spoke about his company’s operations at the Eagle Ford play in south Texas, which was much less than an immediate success until the company found a match made in shale gas heaven.

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Grange Resources: Sale of Interest In Malaysian Bukit Ibam Project and Associated Tailings Area Print E-mail
Monday, 26 July 2010 01:09
Grange Resources Limited announced that it has entered into a Sale and Purchase Agreement for the sale of its’ 51% share of the Bukit Ibam magnetite mine, located in Malaysia, to Esperance Mining Sdn. Bhd. (“Esperance”) for a cash payment of MYR 10 million (~A$3.5m).

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Baosteel and Shanxi Coking Coal Group Co., Ltd. Discuss Further Strategic Cooperation Print E-mail
Monday, 26 July 2010 00:40

Recently, chairman and Party secretary of Shanxi Coking Coal Group Co., Ltd. Bai Peizhong led the 25-people Shanxi Coking Coal delegation to visit Baosteel. Chairman Xu Lejiang and vice president Daizhihao of Baosteel Group Corporation met Bai Peizhong's delegation in Baosteel Tower.

Shanxi Coking Coal is the largest quality coking coal producer and one of the main suppliers in the coking coal market in China.

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Uralkali Doubles Production in H1 2010 Print E-mail
Friday, 23 July 2010 09:10
Uralkali (Berezniki, Perm Territory) announces its production results for June 2010 and the first six months of 2010.

In June 2010 the company produced 395 thousand tonnes of potassium chloride, which is a 2.2 times increase on June 2009.

The company’s overall output in the H1 2010 was 2.4 million tonnes of potassium chloride, 2.1 times higher than during the same period last year.

 
Petropavlovsk: Major New Licence Acquisitions 2010 - Half Year Trading Update Print E-mail
Friday, 23 July 2010 09:03

Petropavlovsk PLC announced new licence acquisitions and issues its trading statement in advance of its half-year results for the six months to 30 June 2010, which are expected to be published on 26 August 2010.

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NIS and NefteGazInkor to Found a Joint Company for Crude Exploration and Production Print E-mail
Friday, 23 July 2010 08:58

Naftna industrija Srbije and NefteGazInkor, a daughter company of the Russian company Zarubežneft, are going to found a joint company for the crude exploration and production in Republika Srpska (BiH).

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ANDRITZ receives major order for new stainless steel works in China Print E-mail
Friday, 23 July 2010 08:50

International technology Group ANDRITZ has received an order from Fujian Fuxin Special Steel Co. Ltd. to supply major components and systems for a new stainless steel plant in Fujian Province, China.

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Polyus Gold and KazakhGold Comment on Recent Media Speculation Print E-mail
Friday, 23 July 2010 08:48

Polyus Gold and KazakhGold have noted recent media speculation surrounding the original agreement for Polyus to acquire a 50.1% stake in KazakhGold.

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RUSAL restarts Ewarton Alumina Refinery in Jamaica Print E-mail
Friday, 23 July 2010 08:45
UC RUSAL (SEHK: 486, EuroNext: RUSAL/RUAL), the world's largest aluminium producer, announces the restart of operations at its Ewarton Works in Jamaica.

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