Mining and Exploration

Northern Petroleum prepares for UK well test

UK oil company Northern Petroleum has announced the commencement of operations for an extended well test of the Markwells Wood oil discovery in West Sussex, England.

Rio Tinto to sell Palabora stake

Mining giant Rio Tinto has announced its intention to sell its shareholding in South Africa’s Palabora Mining.

Tullow's Uganda deal nears completion

Tullow Oil has announced that a long-awaited deal in Uganda is to be completed next month.

Nunaoil

Until very recently, Greenland has been a sleeping giant with regard to oil and gas exploration.

Tranter Holdings (Pty) Limited

Joshua Ngoma, CEO of Tranter Holdings (Pty) Limited, talks to Jayne Alverca about his desire to move beyond making a good profit and contribute to a lasting improvement in the e

Puntland exploration takes a step forward

Africa Oil Corp has signed a contract with Sakson Drilling and Oil Services to provide a rig to drill the first exploration wells in Puntland, Somalia, for more than 20 years.

Terra secures financing for Russian concession

London-based oil and gas company Terra Resources has entered into a financial partnership with Hendon Energy Fund 2011 to develop an oil and gas concession in Russia.

Oil find for PetroNeft in Siberia

Ireland’s PetroNeft Resources has announced a “significant” oil discovery in one of its two Russian licence areas.

Valiant makes further investment into Trilith

Valiant Investments has announced that it has invested a further US$50,000 into Trilith Resources.

Xstrata to expand Canadian operations

After reporting strong profits for the half year ending 30 June, Swiss-based mining group Xstrata intends to expand its Canadian operations.

Energy Fuels expands uranium and vanadium portfolio

Mineral development company Energy Fuels Inc. has purchased a mining lease in southeast Utah's Sage Plain District from Uranium Energy Corp. for CAD$500,000.

Goldcorp: Profits up but production forecast down

Goldcorp, the world’s second largest gold producer, has revealed mixed fortunes in its second quarter results.

Copper Fox Metals

If the feasibility report comes in as expected the former owner of the Schaft Creek deposit will have a big decision to make, as Copper Fox CEO Elmer Stewart explains to Alan Sw

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