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Oil Trades Little Changed After Falling on U.S. Supply Increase
Crude oil was little changed in New York after declining last week as higher stockpiles eased concerns that refiners can meet gasoline supply during the peak summer driving season.
Crude oil inventories have risen to a 17-week high after refinery maintenance and shutdowns cut demand. Valero Energy Corp. restarted two units at its fire-damaged McKee plant […]
CanAlaska Undertakes Uranium Exploration with Yellowcake plc
CanAlaska Uranium Ltd. (CVV - TSX.V) (”CanAlaska”) and the UK-based uranium investment company Yellowcake plc (PLUS:YEL) (”Yellowcake”) are pleased to report that they have entered into an agreement to undertake uranium exploration on CanAlaska’s 100%-owned Grease River Project. The Grease River Project is situated along the Northern rim of Canada’s Athabasca Basin in the Province […]
Oil prices dip moderately
Oil prices dipped slightly Friday, as traders took profits following the prior day’s surge of nearly $2 per barrel.
Light, sweet crude for May delivery slipped 22 cents to settle at $63.63 per barrel on the New York Mercantile Exchange. Brent crude for May delivery rose 25 cents to $68.97 on the ICE Futures exchange in […]
Finning Delivers 100th Caterpillar 797 Haul Truck to Oil Sands
Finning International Inc.’s (Finning) Canadian division, Finning (Canada), is celebrating delivery of the 100th Caterpillar 797 haul truck to the Alberta oil sands. The 797, the largest mining truck in the world, was delivered to Albian Sands Energy Inc., which now operates 25 Cat 797 haul trucks at its Muskeg River mine. Albian’s truck fleet […]
Globex: Separating the Wheat from the Chaff
GLOBEX MINING ENTERPRISES INC. (TSX: GMX)(FRANKFURT, STUTTGART, BERLIN, MUNICH, XETRA:G1M)(PINK SHEETS: GLBXF) is pleased to inform shareholders that Globex will, and as of March 5th 2007, be listed in the exclusive International OTCQX division of the Pink Sheets in the United States.
Last year, the Pink Sheets decided to divide its listings into several categories based […]
Explor Engages CHF Investor Relations
Explor Resources Inc. today announced that CHF Investor Relations (Cavalcanti Hume Funfer Inc.) of Toronto and Calgary, the prominent IR firm, has been selected as the Company’s investor relations counsel.
Commencing immediately, CHF will provide investor relations and market-making services for an initial period of twelve months ending February 29, 2008. Thereafter, cancellation by either party […]
Terex Corporation Awarded $93 Million Order to Supply Mining Equipment to Fortescue Metals Group Ltd
Terex Corporation is pleased to announce that it has been awarded orders by Fortescue Metals Group Ltd to supply fleets of both trucks and excavators to be used in a major start-up iron ore mining operation in Australia. The total value of the order is in excess of $93 million.
The equipment to be supplied […]
MMC Norilsk Nickel is founding its own science and technology business
MMC Norilsk Nickel is founding its own science and technology business
MMC Norilsk Nickel has consolidated its in-house research and development assets into a separate business that will have the status of an independent R&D Branch.
A new entity will be formed on the base of Gipronickel Research and Project Development Institute located in St. Petersburg, with […]
Southwestern Resources Corp.: Latest Drilling at Boka Expands the Boka 1 South Gold Deposit a Further 150 Metres
Southwestern Resources Corp. (Toronto:SWG.TO - News) (”Southwestern” or “the Company”) is pleased to announce that the latest drilling at the Boka Gold Project has expanded the Boka 1 South gold deposit a further 150 metres to the north. Since the updated resource calculation was announced in December 2006, continued drilling with five diamond rigs has […]
