Gas – Reuters reported that offshore natural gas could lead to a significant economic turnaround for Greece if a study indicating that the country's reserves are worth $600 billion is confirmed. The downside is that it will take years to explore and develop the sector.
Articles Tagged "reserves"
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.
Oil – Canacol Energy Ltd. (TSX:CNE) announced that for the fiscal year ended June 30, 2012, total proven reserves plus deemed volumes at its Colombian and Ecuadorian assets increased to 10.5 million barrels, 98 percent more than the previous year.
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 [...]
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 [...]
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 [...]
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 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 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. [...]
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 [...]