Oil – Maersk Oil UK announced that it has been awarded three operated and six non-operated licenses in the United Kingdom's 27th round of licensing. The licenses will improve the company's position in the North Sea and will lead to exploration drilling of two wells.
Tungsten – Woulfe Mining Corp. (CVE:WOF) reports its approval for the mine development license for Sangdong tungsten-molybdenum project. The Company will lodge an environmental bond in the coming week and proceed to open the underground mine in conjunction with the mine safety authority. Brian Wesson, CEO and President of Woulfe Mining says: “This is a significant milestone for the Company in our aggressive [...]
Diamond Investing News reports diamond was hit hard after the financial crisis in 2008. This rapid change hit the diamond market hard. In the retail sector, prices dropped drastically, as demand came to a stand still. Companies were forced to sell their products at a loss and many household names went bust. The House of Taylor [...]
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