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Golden Rim Completed Gold Mine Exploration Permits in Burkina Faso, West Africa
Golden Rim Resources, an exploration and mining company with a focus on copper and gold, has finalised agreements to acquire 12 prospective gold exploration permits in Burkina Faso in West Africa.
In a statement, the company said over the past 6 months it has “carefully selected these permits covering an area of approximately 2,730km2, strategically located [...]
UK Coal Mine Exploration, Noisy Protest Against Plans to Mine in Smalley
Members of environmental group Leave it in the Ground used whistles and banged pans during a noisy demonstration at the offices of UK Coal.
The group is against UK Coal’s proposal to spend four-and-a-half years removing coal from a 334-acre site in Bell Lane, Smalley, beginning in the autumn.
For the past month, a handful of the [...]
Oil companies may avoid royalty payments
Oil companies are under pressure to resolve flawed drilling leases that allow them to avoid federal royalty payments, including on oil from a major discovery in the Gulf of Mexico.
The issue stems from a mistake eight years ago that omitted a provision in more than a thousand drilling leases that would have required royalty payments [...]
Centram Exploration Ltd.: Joint Venture With Crossland Uranium
Centram Exploration Ltd. (“Centram” or the “Company”) (NEX:CNA.H) is pleased to announce that it has entered into a letter agreement with Crossland Uranium Mines Ltd., an Australian company (“Crossland”), regarding a joint venture.
Letter Agreement
Under the terms of the letter agreement, which is dated February 14, 2007, Crossland and the Corporation have established a joint venture [...]
India Starts Auction of Oil, Gas Exploration Areas (Update2)
India started its largest auction of oil and gas fields, offering 70 areas for exploration when energy producers are cutting investments because of falling prices and the global recession.
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