India’s largest oil and gas exploration eyes Rosneft assets
Many energy firms, which are planning to offload stakes in energy assets due to sustained low oil prices, are looking at India as an investor. A plan...
Category : Mining News
Azerbaijans SOCAR to increase its international presence
SOCAR is keen to enlarge its overseas exploration and investment activities. SOCAR is eyeing purchasing certain assets of Russian oil giant Rosneft, investing in liquefied natural gas...
Pennine Petroleum to advance its Vlora Albania gas-oil exploration project with new financing
Pennine Petroleum Corporation expects to expand the development of its Vlore gas-oil exploration project. Pennine announced that the Corporation will be undertaking a non-brokered financing to collect...
EBRD may finance Energean Greece oil exploration project
The preliminary studies were based on strict criteria set by the European Bank for Research and Development (EBRD) as the banking institution may partially finance...
Eldorado Gold Greece mines claim all issues will be resolved with Gov
Jamie Kneen, MiningWatch Canada’s communications and outreach co-ordinator, said there is still significant local opposition to the mine over concerns of high arsenic levels and...
FinnAust Mining Eyes Near Term Production At Pituffik Titanium Project
FinnAust Mining, which has listings in London and Frankfurt, secured a majority interest in the Pituffik titanium project earlier in March, with the acquisition of...
Metinvest BV acquired majority of Pivnichny Mining shares
Ukraine based Pivnichny Mining produces iron ore and its not controlled by Metinvest. Trosilia Holdings Limited, which was included in share capital of Metinvest B.V....
London financiers to trade Vattenfall’s lignite – brown coal opencast mines
One of the cheapest and dirtiest forms of generation, lignite has clung to a 25% share of the German power mix. Even as renewables ramped...
Poland Gov considers stake increase in copper producer KGHM
Polish gov aims to increase its stake in copper producer KGHM to around 40% from the current 31.8% if it has the funds. Poland may consider...
European Uranium Resources acquire majority share in copper-silver Russia project
The current mineral license for the Unkur Project covers mining of copper, silver and associated metals and is valid until the end 2039. White Rock,...