Pine Brook Road Partners, LLC, a New York-based private equity firm established to make business building and growth capital investments, primarily in the energy and financial services sectors, today announced it has led an investor group to provide a $380 million line-of-equity commitment to Asia Pacific Exploration Consolidated, L.P. (“APEC”).
APEC is a privately owned oil […]
Newmont Mining Corp. has released the second quarter financial and operating results, which include a negative $2.12-billion impact of strategic initiatives completed during the second quarter. For the quarter, the company reported a net loss of $2.06-billion $4.57 per share), compared with net income of $161-million (36 cents per share) for the second quarter of […]
Pan Andean Resources says that drilling of an exploration well on block High Island 52 in the Gulf of Mexico will commence within the next seven days. The well will be drilled by the company’s farm in partner, Phoenix Exploration. In 2006 a farm in deal was agreed with Phoenix Exploration, whereby they have an […]
PetroSun, Incorporated announced today that the Board of Directors has met to review company operations and projects proposed for the second half of 2007. The Board approved the following items for implementation within the petroleum and biofuel divisions of the Company.
Oil and Gas
The Company will focus its exploration program on Arizona, Western Australia and Queensland […]
General Metals Corporation confirms that on June 14, 2007, after several discussions and meetings at the Company’s Independence Mining claims with neighbor Newmont Mining www.newmont.com, we entered into a joint confidentiality agreement regarding an exchange of data by both parties. As previously stated, our Independence Mine is an island in Newmont Mining’s claims where […]
Win-Eldrich Mines Limited (WEX, TSX Venture Exchange), minority owner of the Ashdown Project LLC, which owns a Nevada-based molybdenum mine, has been advised by the mine’s manager that an additional 43,950 pounds of molybdenum concentrate has been shipped from the mine, bringing total sales from the mine since product sales began in 2006 to 362,000 […]
From northern Mexico to the Andes Mountains in Peru, Southern Copper Corp. mines enough copper to be the world’s fifth-largest copper producer. The Phoenix-based company, which is controlled by Grupo Mexico S.A.B. de C.V., owns four open-pit copper mines, three metallurgical processing facilities and five underground mines that produce various metals, including copper, zinc, silver […]
General Metals Corporation, The Company has identified its Phase 1 shallow drilling targets. The Independence Shallow Target and the North Target will be drilled in six discrete sections, which allows for an open pit ore reserve to be developed a section at a time. The first section to be drilled is on the Independence shallow […]
Azco Mining Inc., a U.S.-based mining and exploration enterprise focused on gold, silver, copper and industrial minerals, today announced it will proceed with production of its Summit silver-gold deposit, after receiving positive pre-feasibility study results. Chapman, Wood and Griswold (”CWG”), consulting mining engineers and geologists of Albuquerque, coordinated the study of the Summit deposit in […]
Phoenix Technology Income Fund confirms that the monthly cash distribution for the month of April in the amount of $0.065 per trust unit, will be paid on May 15, 2007 to unitholders of record on April 30, 2007.
About Phoenix Technology Income Fund
Phoenix Technology Income Fund provides horizontal and directional drilling services to oil and natural […]