Park Place Reports Production From Turkish Oil, Gas Fields
Dallas-based Park Place Energy Inc. reported that the production from three oil and gas fields in Turkey are producing 434 barrels of oil equivalent per...
Category : Mining News
Medgold Completes Private Placement to Fortuna Silver Mines
The proceeds of the placement will be used to fund project-generating exploration in Serbia, and for general working capital purposes. Medgold Resources Corp. is pleased...
Mining threatens Mongolia’s fragile environmental balance
While mining companies claim to use separate, deep-underground saline water called ‘fossil water’, in reality many do not. For this, deep drilling and large investment...
Glencore in Kazakhstan: Metals Spill Into River Sowing Alarm
The processing plant owned by Kazzinc, which is in turn controlled by Swiss-based commodity trading and mining monolith Glencore, has for the time being...
Lydian launch new Mining project in Armenia
Lydian raised $325 million from two U.S. equity firms in November. In February, the International Finance Corporation a member of the World Bank Group, offered...
From Russia, with blood: the impact of coal exports to Britain
Over 60 per cent of Russian coal is extracted in the Kuzbass region of Siberia. Part of it – 15.6 per cent of total exports...
Reservoir Minerals Timok Serbia copper-gold project, shareholders approve takeover by Nevsun Resources
Shareholders of Reservoir Minerals Inc , a small mining company with a large copper deposit in Serbia, voted in favor of a takeover by fellow...
Romanian refinery business airs ‘geopolitical’ fears
BRUA, and another project called Eastring, have made it to the European Union’s Projects of Common Interest list, though under the “cluster of potentially competing...
MSC Bor pays fourth installment of the Canadian EDC bank's loan
The Mining and Smelting Combine Bor announced on June 15 that it had paid the fourth installment of the loan taken out for the construction...
Kazakhstan reveals mining and energy production figures
The country is reach in terms of the mineral resources such as zinc, copper, titanium, alumina, tungsten, steel, and barite. Kazakhstan ranks second after Russia...