Articles Tagged "reserves"

Natural Gas Reserves Offshore Lebanon Total 12 Trillion Cubic Feet

Gas – Reuters reported that seismic surveys of the water off the southern coast of Lebanon indicate that the area contains 12 trillion cubic feet of natural gas. The country's government appears confident that exploration plans will move forward smoothly, but noted that the fact that the reserves are underwater will make extraction difficult.

Tournigan Increases Indicated Resource, Adds High Grade, at Kuriskova Uranium Deposit

Uranium – Tournigan Energy reports that it has completed an updated resource estimate for its Kuriskova uranium deposit in Slovakia. The updated estimate incorporates the results of 28 diamond drill holes totaling 7,548 metres that were drilled since the last resource estimate previously disclosed in a news release dated February 24, 2009. The estimate was prepared by Ravi Sharma, Tournigan’s manager [...]

Australia To Protect Its Nickel

By Kishori Krishnan Exclusive To Nickel Investing News A crisis of sorts appears to be playing out in Australia, which is the third largest nickel producer, after Canada and Russia. Mining experts have woken up to the fact that Australia needs to protect against potential loss of market overseas. “Two years ago, we had nickel [...]

Kaatiala Rare Earth Claim added to Nortec deal in Finland

Nortec Ventures(TSX-V: NVT) announced today that a 900 hectare claim reservation named Kaatiala has been added to a previously announced deal with Akkerman Exploration. The Kaatiala property is believed to host significant tin, tantalum, berylium, niobium, tungsten, caesium and lithium mineralization. The release states: The Kaatiala reservation covers a quarry which produced 18 tonnes of [...]

$ Deals In The Making For Oil

Crude Investing News reports high dollar deals in the making for oil recently. Suncor is set to be Canada’s biggest energy company and largest industrial concern. With its greater weighting on the TSX, the beefed-up firm is likely to see early demand for its shares from index funds. It is also set to attract big investors that need [...]

Copper’s Ascent Threatened by Growing LME Stockpiles

Copper Investing News reports copper prices have rallied at 80 per cent this year on the back of Chinese State Reserve Bureau (SRB) purchases. If China’s purchases grind to a halt, so will the red metal’s rally. So far, copper’s ascent has been a China only story- that has overshadowed weak demand elsewhere in the world. The metal [...]

Tin Tops Trade

Tin Investing News reports tin prices soared. Due to domestic demand for domestic steel price, the price of tin plate has soared. The latest monthly EXW price of Xindzhong Steel Sheet in the East China region showed continued stocking increasing up CNY 200 per tonne around over last month. For complete story, click this link. [...]

Increased production Hinges on new mineralized zones

Gold Investing News reports San Gold, an emerging gold producer is steadily building its production portfolio through continued exploration success on its Rice Lake project, Manitoba. The company currently has reserves and resources established in five mineralized zones on its property. Two of these zones are currently in production at a rate of about 320 tons per [...]