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Kirk Land Gold Mining Exploration Review Mine Production and Future
Kirkland Lake Gold is an interesting story. In 2001, Quest Capital, a boutique mining finance company in Vancouver headed by Murray Sinclair and Bryan Bailey, had taken a hit on Brimstone Gold, which had unsuccessfully explored the historic Mayflower mine in Montana under the leadership of David Rovig.
Read moreFutures rise as energy stocks seen gaining
U.S. stock futures edged up on Tuesday, pointing to a slightly higher market open, as investors expected a jump in oil prices to help energy stocks gain ground in a light trading day.
Shares of Level 3 Communications Inc. (Nasdaq:LVLT – news) rose almost 1 percent to $5.71 in electronic trading before the opening bell after [...]
Carpathian Resources Spuds New Well in the Czech Republic
Carpathian Resources Limited (Carpathian), the oil and gas producer and explorer focusing in Central Europe, announces that the Mo-1 Skotnice (Skotnice) was spudded on November 28th 2006 in the Mošnov exploration permit.
Drilling of the Skotnice well will be funded from current earnings. Carpathian’’s operating revenue in 2006 from gas net of direct production costs is [...]
PKN Orlen signs long-term crude oil supply contract with Petrotrade
Polish oil firm PKN Orlen has signed a long-term contract with Petrotrade, which will see the United Arab Emirates-based firm supply 2.4 million tonnes of crude oil per year via the Druzba pipeline until June 30, 2010. The contract is anticipated to be worth about $3.9 billion.
The contract to supply 2.4 million tonnes of crude [...]
Indonesia unit of Inco likely to meet 06 nickel goal
The Indonesian unit of Canada’s Inco Ltd. said on Wednesday it was likely to meet this year’s nickel matte output target of 158 million pounds after rain helped replenish hydro-power reserves.
PT International Nickel Indonesia Tbk , said last week it may have to cut nickel matte production from Dec. 20 as dry weather had caused [...]
