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Review And Analysis : Gold Mining Industry Development and Mining Companies Growth In China
Over the last few weeks we’ve been paying more attention to China as it emerges from the East. There are three reasons why China poses such an interesting potential return of value for traders.
A very interesting read is an interview with Jim Rogers about his thoughts on China.
“While he says that China is the only [...]
Nigeria Develops New Legal and Regulation for Mining Exploration and Industry
Nigeria has developed a new legal and regulatory framework for mining, in addition to carrying out a number of institutional reforms, the country’s Minister of Mines and Steel, Deziani Allison-Madueke, said here Friday.
French Nuclear Power, Areva Plans $1.40 billion Uranium Mine in Nigeria
French nuclear power group Areva will press ahead with its plan to build a 1 billion euro ($1.40 billion) uranium mine in Niger despite falling world prices for the fuel, the firm said on Friday.
Oil Mining Exploration Result Reported, Mining Company Exploration Location in Delta Nigeria Basin offshore
Addax Petroleum Corporation reports result of exploration of commodity exchange incorporated mine in Nigeria offshore, Nigeri Delta Basin, yields 200 million barrels. Result of exploration of this commodity exchange incorporated mine is the biggest result.
This mine exploration cooperation operated Oil Mining Lease (”OML”) 123. oli mining exploration location is :
The OML123 license area covers approximately [...]
Shell Oil Mining Company Exploration in Nigeria, Supply Pipeline Explosive
Anglo-Dutch oil group Shell said Saturday it had slightly reduced oil production following a militant attack on a major supply pipeline in southern Nigeria.
“We discovered there was a major leak on the Greater Port Harcourt swamp pipeline. The leak appears to have been caused by explosives. We have isolated the line preparatory to repairs,” Shell [...]
OphiraVencap Inc. Announces Proposed Qualifying Transaction with North Sea Energy Inc.
OphiraVencap Inc. (”OPHIRA”) announces that on July 27, 2007 it signed a Letter of Intent (the “Letter of Intent”) with North Sea Energy Inc. (”NORTH SEA”), an arm’s length party, for the potential acquisition of all the issued and outstanding shares of NORTH SEA whether directly, by way of three cornered amalgamation, or by merger [...]
Nigeria: A Tale of Two Oil Blocks
Oil blocks 245 and 246 share location, derive their birth from a conscious effort to promote indigenous participation in the upstream oil sector and have been in the news in recent times. That about sums up their similarities.
The rest of their chequered history and the fate of their owners at the hands of the Obasanjo [...]
TSX puts in flat close following 2 strong sessions;NY closed for July 4 holiday
The Toronto stock market put in a flat performance Wednesday as investors stepped back after two sessions of strong, triple digit gains, lacking direction from south of the border with U.S. markets closed for the Independence Day holiday.
“New York, certainly to us, is the most relevant market because a lot of Canadian money managers, when [...]
Oriental Completes Farm-In of Ebok Field From Mobil and NNPC
Sovereign Oil & Gas Company II, LLC has received Nigerian government approval of the farm-in by Oriental Energy Resources Limited of Nigeria into the Ebok Marginal Field located in Oil Mining Lease (OML) 67, which is owned by Mobil Producing Nigeria Unlimited, a subsidiary of ExxonMobil Corporation, and the Nigerian National Petroleum Corporation. The Ebok [...]
