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Tata Steel Celebrates 100 Yrs Of Iron Ore Discovery
Tata Steel this week celebrated 100 years of discovery of iron ore at Joda in Keonjhar district of Orissa.
According to a press note issued by Tata Steel, iron ore at Joda was first discovered by SN Sarma, a geologist with Tata Steel in 1909. From discovery to a sustained holistic development, the saga of Joda [...]
Nigeria Expand and Develop Mineral Mine Exploration Make Regulation for Mining Exploration
Federal Government has identified seven minerals for national development, inister of Mines and Steel Development, Chief Sarafa Isola, said in Abuja yesterday.
He told the News Agency of Nigeria (NAN) that the minerals were Gold, Lead/Zinc, Barite, Bitumen, Limestone, Coal and Iron Ore. Isola said that Nigeria was well-endowed with myriad of solid minerals, but that [...]
New Discovery Block Oil Mining Exploration in The North Sea
Oil and gas explorer Dana Petroleum has made a discovery in Block 210/24a of the East Rinnes oil field in the North Sea.
The East Rinnes discovery well, 210/24a-11z, was drilled to a total measured depth of 6,935 feet and encountered a full Brent reservoir sequence. Initial analysis of the data from the test drilling [...]
Oil-rich Abu Dhabi takes lead from high-flying Dubai
Abu Dhabi, which controls more than 90 percent of the vast oil wealth of the United Arab Emirates (UAE), appears to have set its sights on following the example of booming Dubai.
Officials from the largest emirate in the UAE federation used the podium of a two-day economic forum this week to emphasise the emirate’s drive [...]
Australian Gold Stocks Gain; Index Rises 19 Percent in 2006
Australian gold stocks rose, led by Newcrest Mining Ltd., as gold prices advanced to their highest in three weeks. The S&P/ASX 200 Index was set for its fourth- straight annual gain.
U.S. related stocks, led by Rinker Group Ltd. fell, after stronger than expected economic reports there made an interest rate cut early next year less [...]
Can Marathon Oil Keep Up The Pace?
Ted Allrich submits: Marathon Oil Corp. (NYSE: MRO – News) is keeping up a steady pace. Through its Marathon Oil Company subsidiary, the company explores for and produces oil and natural gas principally in 10 countries, including Canada, the UK, and the US. It has net proved reserves of 1.3 billion barrels of oil [...]
