Ghana continues to make more good news for fans of UK listed Tullow Oil.
The latest report of the drilling indicates that the production of the Hyedua-2 and in the Jubilee likely to exceed 20,000 barrels of oil per day (BOPD).
In testing, offshore and in the Deepwater Tano license sank to a stable rate of 16, [...]
Faroe Petroleum has entered a busy period ahead with a number of well-aligned to follow the success of the West and Breagh horizontal, announced earlier this week.
The company has a clear geographical focus, targeting properties in the UK and Norwegian sides of the North Sea, the Atlantic and the margin.
The future of this region was [...]
Mining Exploration News:(Drilling)
CARLISLE - A company that collects wastewater from natural gas companies drilling in the Fayetteville Shale has been ordered by environmental regulators to stop.
Arkansas Department of Environmental Quality issued an emergency order from Fayetteville Shale Land Farms, near Carlisle after an inspection found liquid - a mixture of water and sediment of the [...]
Not long ago, Tim Read, Kopane executive of Diamond Development, to head Lesotho, once again, and his message to the government, which, with a 25 percent stake, is co-owner of the company’s Liqhobong diamond properties, a simple, but the sick. The reality is that the first recession diamond industry has faced since De friendly and [...]
“Perhaps the legacy of mining in Romania, which entered all the way back to Rome,” said Randy Ruff, Vice President of exploration in the Carpathian Gold. Rome is not resistant to Romania too long, even if they leave the impression that enough for the local community to name the country after them. They also leave [...]
By Alastair Ford
“From now on”, says Colin Andrew, managing director of Cambridge Mineral Resources, “all our press releases will be issued using the past tense”. By which roundabout fashion he means that Cambridge will issue far fewer promises, and instead report much more on achievements already delivered. That new outlook comes in the context of [...]
* Review of definitive feasibility study completed
* Capital expenditure of US$173 million
* Production of 55% Ta2O5 synthetic tantalum concentrate (SynCon)
* Project finance progress
* Completion of independent technical review
* Lycopodium appointed as [...]
The Board of Kiwara, the Zambian based exploration Company, is pleased to announce further results from its ongoing drilling programme on the Kalumbila base metals target.
Highlights:
* Bore Hole L38 assayed 0.94% copper (”Cu”) over 20.44m intersection from 127.89m, including 1.19% Cu over 14.03m intersection from 131.51m;
[...]
Cambridge Mineral Resources plc (’CMR’ or ‘the Company’), the mining exploration and production
company primarily targeting precious metals in South America, has commenced production at its
Quintana Gold Mine in Colombia on 9th November with first gold being poured on 19th November. [...]
By Our Canadian Correspondent
Many investors who entered the resource cycle late in the game have had their proverbial heads handed to them on a platter. But with a bevy of Canadian listed stocks currently trading at less than half their cash value, many seasoned resource players are now patiently buying them up on a long-term [...]