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Latest News
Nautical Petroleum reports rig deal for Catcher drilling Exploration and production group Nautical Petroleum this morning reported that a rig agreement had been signed in connection with forthcoming drilling work on the Catcher prospect ... 12 March 2010
GeoPark signs Latin America partnership with LG InternationalGeoPark, the Latin American oil and gas explorer and producer, has formed a new strategic partnership with LG International (LGI), the Korean conglomerate, to jointly acquire and d... 12 March 2010
Firestone Diamonds selected by Namdeb for new toll treatment projectDiamond mining company Firestone Diamonds has been selected by Namdeb Diamond Corp as the preferred supplier and operator for the Dredge and Floating Treatment Plant (FTP) project ... 12 March 2010
Tertiary Minerals grabs new fluorspar licence as Stourman study continuesMineral exploration group Tertiary Minerals has applied for a new exploration licence for fluorspar some 50km north-north west of its existing Storuman project in Sweden. The compa... 12 March 2010
Baobab Resources kicks off drilling programme at Tete project in MozambiqueBaobab Resources, the iron ore, base and precious metals explorer with a portfolio of mineral projects in Mozambique, has reported that drilling is back underway at its Tete iron/v... 12 March 2010
Oil & Gas Round-Up: 12 March Gulf Keystone Petroleum (GKP) announced a successful test of the Bijeel-1 exploration well in the Akri Bijeel block in Kurdistan. Gulf Keystone has a 20% non operated interest... 12 March 2010
Discovery Metals takes a closer look at prospects close to Boseto projectAustralian mining group Discovery Metals has published the results from the latest 26 diamond drill holes at the Plutus, Petra and Nexus Prospects at its 100%-owned Boseto Copper P... 12 March 2010
Energy XXI shelves plans for AIM cancellationAmerican oil and gas group Energy XXI has shelved any plans it might have had to cancel its AIM listing, it said today. At its AGM last December the Energy XXI board was granted a... 12 March 2010
Extract Resources cheers continued progress at Rössing South uranium projectAustralian-based uranium mine development and exploration company, Extract Resources, today said that its Rössing South Definitive Feasibility Study was continuing to progress well... 12 March 2010
Mining Week: 12 MarchThe latest news, moves, deals, drilling, surveys and speculation from small cap miners This week, AfNat Resources (AFNR) said it was in line to receive around US$4.1 million in... 12 March 2010
Cost of listing on AIM continues to rise despite IPO slumpDespite last year’s slump in the number of new companies coming to AIM, it seems that the costs for getting the job done are on the rise. The number of AIM IPOs plummeted by 66% t... 12 March 2010
Coal of Africa gets approval for bulk sampling work at Makhado projectAIM listed coal mining group Coal of Africa (CoAL) has been given the green light by South African authorities to carry out bulk sample testing at it Makhado coking coal project. ... 11 March 2010
Altona Energy appoints project technology executiveAltona Energy, the AIM listed Australian based energy company, has appointed Peter Fagiano as senior executive in charge of project technology. Mr Fagiano will work on a part-tim... 11 March 2010
Plexus signs up Sonangol in Angola as word-of-mouth marketing proves a boonOil and gas engineering services business Plexus has signed an agreement with Sonangol Pesquisa e Produção to supply its POS-GRIP wellhead systems and services for drilling activit... 11 March 2010
Cove Energy raises new cash to fund Mozambique drilling workAIM listed oil and gas group Cove Energy has raised around £25.7 million in a share placing priced at 40p per share through its broker, Cenkos Securities. The new cash has been ea... 11 March 2010
Europa Oil & Gas upbeat despite perforation problems with Hykeham-1Z wellEuropa Oil & Gas has struck an unusual glitch with its Hykeham-1Z well, which lies on the PEDL150 licence near Lincoln, onshore UK. Operations to perforate the well during February... 11 March 2010
Global Energy Development sets out plans for major drilling programmeLatin America focused exploration and production group Global Energy Development has announced plans speed up its drilling activity in order to boost production levels. Unveiling ... 11 March 2010
Businesses face bribery shock as new laws make corruption rules tougherNew laws which could put workers behind bars and hit companies with unlimited fines are passing into law unnoticed by UK businesses. According to research from law firm Eversheds... 11 March 2010
Platinum Australia restarts underground mining at Smokey HillsUnderground mining operations restarted at Platinum Australia’s Smokey Hills Mine on Monday, March 8 following a week of disruption caused by industrial action by contract mine wor... 10 March 2010
Global Energy says rig on the way to Rio Verde well siteLatin America focused exploration and production group Global Energy Development has reported that a rig is on its way to the Rio Verde 2 exploratory well within its Colombian Rio ... 10 March 2010
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