Mining Exploration News

Seven hostages released in Nigerian oil delta

Five foreign oil workers were released in the Niger Delta in southern Nigeria on Wednesday, a week after they were kidnapped on an exploration rig, a police spokesman in southern Bayelsa state said.
Separately, two Nigerians working for Royal Dutch Shell in a different area of the delta were also freed, a spokesman for the [...]

Honourable court team members, mining on in GFIL-owned land here

A day after Newsline highlighted large-scale illegal excavation being carried out at a farmland owned by Golden Forest India Limited (GFIL) in Sanuali village, the court-appointed committee, custodian of all properties owned by the company, today said it cannot locate the said site.
H L Randev, a member of the court committee told Newsline: “I sent [...]

Unit Corporation’s Total Proved Reserves Reach a Company-Record 475.9 Bcfe; Company Records 23rd Consecutive Year of Replacing More Than 150% of Production

Unit Corporation today announced the following information regarding the results of the operations of its wholly owned subsidiaries.

Unit Petroleum Company

Unit Petroleum Company set new company-records for nearly ever major category: total proved reserves, annual production, and wells drilled and achieved its stated annual goal to replace more than 150% of its production.

Project Of Gold Copper Mine Exploration Near Edmonton Delay

Sherritt International is delaying its plan to build a $3.3 billion coal gasification project near Edmonton due to uncertainty over carbon dioxide regulations and the products the plant could make.
Sherritt’s original plan was to file its environmental impact assessment on the proposal this year and start construction next year, with production to begin in 2012.
A [...]

Australian Mining Company, Riversdale Granted Mining Concession Over Coal Mining Project in the Benga Mine

The Australian company Riversale Mining has announced that the Mozambican government has issued it with the mining concession which grants the company mineral rights over coal in the Benga area of Moatize district, in the western province of Tete.