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African Oil Exploration : Ghana enters oil age with wary eye on neighbours
Ghana enters oil age with wary eye on neighbours Find could bring wealth, but some fear petrodollars may hinder economic recovery.
For years the question has puzzled Ghanaians: surely, in a region awash with oil, their country had some black gold of its own? Last month they got their answer. Ghana does have oil, and lots [...]
Uranium Funds Points to Near-Term U3O8 Price Decline
Nuclear Market Review [NMR] editor Treva Klingbiel reported in this week’s issue, “Two sellers that were evaluating bids in response to their auctions have concluded their evaluations and have decided not to sell at this time.” She added, “Both sellers preferred to make delivery in June while most bidders were seeking delivery for several months [...]
Indophil seeks more mines after sale of Xstrata
Australia-listed Indophil Resources N.L. (ASX: IRN.ax) said it was looking for more mining projects in the Philippines after a $41 million sale of a majority stake in the untapped Tampakan copper and gold deposit to Xstrata Ltd. XTA.L.
“We would not turn our back on uranium, nickel or something else,” Indophil’s managing director, Tony Robbins told [...]
International Royalty Corporation: Capitalize on the Commodities Boom
International Royalty Corporation is in the business of acquiring and creating natural resource royalties with a specific emphasis on mineral royalties. A royalty is the contractual right to a share of revenues or operating profits generated by commercialization of an owner’s rights or property. Royalties are beneficial because they provide all the upside attached [...]
Golden Eagle Confirms Confidence Demonstrated by Recent World-Class Projects in Bolivia
Golden Eagle International, Inc. confirmed its scheduled Conference Call and simultaneous Webcast on Thursday, March 8, 2007, at 4:15 p.m. EST (3:15 p.m. CST; 2:15 p.m. MST and 1:15 p.m. PST). The Webcast will feature a PowerPoint presentation updating progress on the C Zone gold project and the Buen Futuro A Zone gold-copper project. (IMPORTANT: [...]
3 Malaysian plantations to merge, create world’s largest palm oil company
Three Malaysian government-linked palm oil companies will merge to create the world’s biggest palm oil business worth around 31.4 billion ringgit (US$8.66 billion; €6.62 billion), officials said Monday.
The merger, which the government hopes will cut costs and streamline the industry, would also potentially create the world’s largest biofuels producer.
In a complex deal pushed forward by [...]
Cuban Oil and Ethanol Could Prosper in Havana’s Hunt for Energy Supplies
• The pace is now quickening for the Cuban oil industry, whose previous dependence on Moscow for its supplies and operations ended with the demise of the Soviet Union
• Havana is on track for securing energy independence through relationships with foreign investors, including China and Venezuela, among others
• Venezuela proudly flaunts its involvement in the [...]
Strategic Alliance Between Maxy Gold Corp. and Western Mining China Group to Explore Tibet and Qinghai Provinces
Maxy Gold Corp. (TSX VENTURE:MXD – News; “Maxy”) is pleased to announce that it has signed 4 letters of intent with mining subsidiaries of the Western Mining China Group (”Western Mining”) to jointly explore gold and base metals properties held by Western Mining in Tibet and Qinghai provinces in western China.
Maxy will have the right [...]
