Alcyone drops share placement price

Silver miner Alcyone Resources has dropped the asking price of its recently launched share placement as market conditions deteriorate. Earlier this month, Alcyone launched a share placement, intending to raise some A$4-million through placing...

Company Announcement: Maiden Contingent Resource Estimate For Austin Chalk Formation-Sugarloaf project

Eureka Energy Limited is pleased to announce a maiden independent Contingent Resource estimate for the Austin Chalk interval

Company Announcement: Maiden reserve highlights potential value of Pan de Azucar and Black Jack Springs

Eureka Energy Limited is pleased to report a maiden independent reserves estimate for its 100%-owned Pan de Azucar project and 9.4% interest in the adjacent Black Jack Springs Unit, located in Fayette County, Texas.

Eureka Energy rejects ‘opportunistic’ Aurora offer

ASX-listed junior Eureka Energy, which has shale assets in North America, has advised shareholders to reject an unconditional 45c a share takeover offer from fellow-listed Aurora Oil & Gas. Aurora launched its unconditional takeover for Eureka...

Company Announcement: Alcyone Resources Quadruples Its Texas Exploration Ground

Alcyone Resources Limitedis to more than quadruple its landholding in its core Texas, Qld area through the acquisition of a 900km2 tenement package adjacent to its flagship Texas Silver & Polymetallic Project.

Flaherty's Budget leaves mining industry mostly smiling

Canada Finance Minister Jim Flaherty on Thursday announced another year’s extension to the 15% tax credit for investing in mineral exploration, much to the delight of the industry. Also pleasing to resource developers, in a Budget that placed...

Uranium Energy Corp post $6.5m Q2 loss

Corpus Christi, Texas-based Uranium Energy Corp (UEC) on Monday said it made a $6.5-million loss in the three months ended January 31, on revenues of $3.1-million. The company, which produces yellowcake at the Hobson plant in South Texas, said it...

Company Announcement: Titan Energy To Acquire Ready To Drill Asset in Multi-Billion Barrel US Hydrocarbon Producing Region

Australian oil and gas company Titan Energy Ltd (ASX: TTE) (Titan Energy or the Company) is pleased to announce it has signed an agreement to acquire an 81% interest in a ready to drill prospect in a multi-billion barrel, hydrocarbon producing...

Northern Dynasty sees consortium of majors developing Pebble as permitting approaches

The massive, and equally controversial, Pebble project in Alaska will most likely be developed by a consortium of major mining firms, a spokesperson for Northern Dynasty, the 50% owner, said this week. The TSX-listed company, which has Rio Tinto...

Company Announcement: Namibia Custom Smelters receives giant oxygen plant from overseas

TSUMEB – The largest oxygen-producing plant in Namibia, procured recently by Namibia Custom Smelters to enhance production efficiency and improve environmental conditions at the Tsumeb Smelter, arrived today in Walvis Bay after being shipped...

Company Announcement: Announces Montana Oil Production

VANCOUVER, B.C., February 9, 2012 - Hillcrest Resources Ltd. (the "Company") (TSX.V:HRH ) announces that the Company has been successful in its efforts to rework an oil well for purpose of daily production. The Tulla well, located in Pondera...

Strong prices, production news boost value of WA-listed miners

The market capitalisation of Western Australia-listed companies, which comprise the Deloitte Western Australia Index, increased by 9.6% in January to a close of A$168.9-billion, the advisory firm reported on Tuesday. Deloitte noted that the...