World Mining Exploration News

DUBLIN, Ireland has announced the addition of “North American mining sectors: a company and Industry Analysis (June 2008) compared to their offer.This report updates the previous North American mining report, focusing on markets in Canada and the USA
Current environment - Key Points
- During the first quarter of 2008, rising world prices of commodities led the [...]

Crude oil prices gained early Tuesday to more than $ 91 a barrel on the New York Mercantile Exchange as a safe investment clear that stocks tumbling.
People are very much in near panic and everyone wants to keep the money in cash, Bill O’Neill, analyst at Logic Advisors said the Wall Street Journal.
Crude oil prices [...]

Bloomberg - Crude oil rose as traders took advantage of cheaper prices in eight months to buy oil, amid speculation of OPEC reduced production.
Oil that Libya has increased oil official called for a reduction in output, Qatar and the oil minister said the country has reduced production in line with quotas. OPEC President Chakib Khelil [...]

Oil prices briefly fell to eight-month low below $ 90 a barrel Monday on the assumption that the dissemination of the financial crisis will exacerbate a global economic slowdown and reduce demand for crude oil.
Significant gains by U.S. dollar against the euro also contributed to the collapse of oil prices.
By midafternoon in Europe, light, sweet [...]

(Bloomberg) - Crude oil fell below $ 90 a barrel for the first time since February that the credit crisis has worsened in Europe, adding that the concern of global economic growth should slow down and reduce demand for fuels.
Oil fell as low as $ 88.89 a barrel in New York that European leaders have [...]

Glenwood Springs (AP) - The Colorado Oil and Gas Conservation Commission is still on pace to approve more than 7,000 drilling permits this year.
This is the path from 2000 until 1529 when the permits were approved.
Commission documents, the government has approved in 5216 allows for September 8. The Commission issued a record 6368 drilling permits [...]

LAS VEGAS, NV, Elray Resources, Inc a technique based gold and precious minerals exploration company, announced today, today it has appointed a project team responsible for its businesses in Cambodia and the world to be headed by Mr. Grant Roberts and Tony McDougal.
Mr. Grant Roberts is a geologist with 28 years experience in geology, mineral [...]

Ilagan, Isabela - A multinational company has undertaken a number of mining in the country is to conduct a mining project with another Filipino-owned mining consortium for the further extraction nickel in the province of south-east coast.
Philippines Geograce Resources Inc. has reached an agreement with Platinum Group Metals Corp. (PGMC) for an exclusive right to [...]

New York’s main contract, light sweet crude for November delivery, dropped 2.96 dollars to 105.06 dollars a barrel.
London Brent from the North Sea crude for November shed 2.68 dollars to 101.92 dollars.
Fresh uncertainty emerged today whether the U.S. rescue plan be approved by Congress, which has helped pull prices lower.
“The oil market is disappointed that [...]

LONDON (AFP) - Oil prices fell on Friday, reversing gains after recent hopes have been disappointed that Congress was about to pass a huge financial rescue package
New York’s main contract, light sweet crude for November delivery, dropped 2.41 dollars to 105.61 dollars a barrel.
London Brent from the North Sea crude for November shed two dollars [...]