Drilling Rigs: Strong Demand: Helmerich & Payne logs record quarter

Tulsa-based Helmerich & Payne Inc. reported record profits Thursday for its first fiscal quarter, driven by strong demand for its drilling rigs and substantial investment income.
The company had net income

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Reported From Global Mining Conference Analyst, Mining Companies Have Big Oppurtunity on Gold Prices Rush

Even as the world is dumping equity markets and rushing for gold, there is big opportunity for mining companies.

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Basic Energy Services Completes Buy of JetStar for $83 Million Plus Debt

Basic energy Services Inc., the supplier of service to the oil and the gas industry, indicated Wednesday when it achieved its acquisition $83 million Holdings Inc. consolidated by JetStar JetStar

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Oil prices move further above 63 dollars

World oil prices climbed modestly after slumping to near six-month low points last week on easing supply concerns.
New York’s main contract, light sweet crude for delivery in October, climbed 64

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Q Resources Plans to Increase Investment for Mining of Iron Ore, Gold And Uranium in Africa

Q Resource Plc investment companies have started trading in shares in London. The company plans to proceeds from stock sales to increase investment in the mining of iron ore, gold

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