Resource Investing News http://resourceinvestingnews.com Resource mining, exploration, and Resource investing Sat, 26 May 2012 05:00:32 +0000 en http://wordpress.org/?v=3.3.1 http://resourceinvestingnews.com/http://cdn.digmediasolutions.com/in/13/images/small-logos/resource.pngResource Investing News Forent Energy: 2012 First Quarter Financial Results http://feedproxy.google.com/~r/ResourceInvestingNews/~3/sz8eFScS5uA/37047-forent-energy-2012-first-quarter-financial-results.html http://resourceinvestingnews.com/37047-forent-energy-2012-first-quarter-financial-results.html#comments Sat, 26 May 2012 05:00:32 +0000 Anne Bagchi http://heavyoilinvestingnews.com/?p=3316 Forent Energy Ltd. (TSXV:FEN) reported its 2012 first quarter financial results.

As quoted in the press release:

Financial and Operating Results - First Quarter 2012

  • The Company was cash flow positive in the first quarter and enjoyed positive corporate netbacks, compared to in 2011;
  • average oil and gas production increased 3 percent compared to 2011;
  • weighted average commodity selling prices decreased by 12 percent vs. 2011, due to significantly lower natural gas prices;

Click here to read the Forent Energy Ltd. (TSXV:FEN) press release.

Forent Energy: 2012 First Quarter Financial Results originally posted on heavyoilinvestingnews.com

]]> http://resourceinvestingnews.com/37047-forent-energy-2012-first-quarter-financial-results.html Online Energy 2012 First Quarter Results http://feedproxy.google.com/~r/ResourceInvestingNews/~3/Yrpeu2oGraM/37048-online-energy-2012-first-quarter-results.html http://resourceinvestingnews.com/37048-online-energy-2012-first-quarter-results.html#comments Sat, 26 May 2012 04:55:25 +0000 Anne Bagchi http://gasinvestingnews.com/?p=4961 Online Energy Inc. (TSXV:ONL) reported its 2012 first quarter financial and operating results.

As quoted in the press release:

Q1 - 2012 Activities

  • the 100% working interest Paddle River 8-31-055-07W5M Ostracod horizontal oil well went on-stream in mid-February. The well was on-stream for a total of 34 days during the Quarter due to down-time associated with start-up operations.

Click here to read the Online Energy Inc. (TSXV:ONL) press release.

Online Energy 2012 First Quarter Results originally posted on gasinvestingnews.com

]]> http://resourceinvestingnews.com/37048-online-energy-2012-first-quarter-results.html Challenges to Mining Chromite at Ring of Fire http://feedproxy.google.com/~r/ResourceInvestingNews/~3/ROI9bsWw9hs/37046-challenges-to-mining-chromite-at-ring-of-fire.html http://resourceinvestingnews.com/37046-challenges-to-mining-chromite-at-ring-of-fire.html#comments Sat, 26 May 2012 04:41:58 +0000 Jessica Oman http://chromiuminvestingnews.com/?p=587 The Vancouver Sun reported on the massive chromite potential at Ontario's Ring of Fire.

As quoted in the market news:

If Cleveland-based Cliffs Natural Resources Inc develops the Black Thor project, it will likely revolutionize the stainless steel industry on the continent, which now relies on imports from South Africa and Kazakhstan. It would make Canada the world's fourth-largest chromite producer.

Click here to read the full Vancouver Sun report.

Challenges to Mining Chromite at Ring of Fire originally posted on chromiuminvestingnews.com

]]> http://resourceinvestingnews.com/37046-challenges-to-mining-chromite-at-ring-of-fire.html Canadian Natural Gas Declined 10 Cents to C$2.0725 a Gigajoule http://feedproxy.google.com/~r/ResourceInvestingNews/~3/HSGX9PrEzQA/37045-canadian-natural-gas-declined-10-cents-to-c2-0725-a-gigajoule.html http://resourceinvestingnews.com/37045-canadian-natural-gas-declined-10-cents-to-c2-0725-a-gigajoule.html#comments Sat, 26 May 2012 04:17:10 +0000 Anne Bagchi http://gasinvestingnews.com/?p=4958 Bloomberg reported that Canadian natural gas declined 10 cents to C$2.0725 a gigajoule on concern over forecasts of moderate temperatures.

As quoted in the market news:

Alberta gas for June delivery dropped 10 cents to C$2.0725 a gigajoule ($1.90 per million British thermal units) on NGX, a Canadian internet market, at 3:35 p.m. New York time. Gas traded on the exchange is shipped to users in Canada and the U.S. and priced on TransCanada Corp. (TRP)'s Alberta system.

Click here to read the full Bloomberg report.

Canadian Natural Gas Declined 10 Cents to C$2.0725 a Gigajoule originally posted on gasinvestingnews.com

]]> http://resourceinvestingnews.com/37045-canadian-natural-gas-declined-10-cents-to-c2-0725-a-gigajoule.html Oil Prices Surged 28 Cents http://feedproxy.google.com/~r/ResourceInvestingNews/~3/la-2x5x4BIw/37040-oil-prices-surged-28-cents.html http://resourceinvestingnews.com/37040-oil-prices-surged-28-cents.html#comments Sat, 26 May 2012 03:37:58 +0000 Anne Bagchi http://oilinvestingnews.com/?p=6927 Bloomberg reported that oil prices surged 28 cents over improvement in U.S. consumer confidence.

As quoted in the market news:

Brent oil for July settlement rose 28 cents, or 0.3 percent, to end the session at $106.83 a barrel on the London- based ICE Futures Europe exchange.

Click here to read the full Bloomberg report.

Oil Prices Surged 28 Cents originally posted on oilinvestingnews.com

]]> http://resourceinvestingnews.com/37040-oil-prices-surged-28-cents.html Africa Oil’s Operational Update on Ngamia-1 Well http://feedproxy.google.com/~r/ResourceInvestingNews/~3/mnnUoj4pqMw/37043-africa-oils-operational-update-on-ngamia-1-well.html http://resourceinvestingnews.com/37043-africa-oils-operational-update-on-ngamia-1-well.html#comments Sat, 26 May 2012 03:30:54 +0000 Anne Bagchi http://oilinvestingnews.com/?p=6924 Africa Oil Corp. (TSXV:AOI) reported operational update on the Ngamia-1 well.

As quoted in the press release:

The Ngamia-1 well has encountered oil and gas shows over a gross interval of 140 metres from a depth of 1,800 metres to 1,940 metres. The reservoirs are similar to those previously encountered at a shallower depth.

Click here to read the Africa Oil Corp. (TSXV:AOI) press release.

Africa Oil’s Operational Update on Ngamia-1 Well originally posted on oilinvestingnews.com

]]> http://resourceinvestingnews.com/37043-africa-oils-operational-update-on-ngamia-1-well.html China Plans to Increase Zinc Imports http://feedproxy.google.com/~r/ResourceInvestingNews/~3/WdzomIgkQbg/37041-china-plans-to-increase-zinc-imports.html http://resourceinvestingnews.com/37041-china-plans-to-increase-zinc-imports.html#comments Sat, 26 May 2012 03:25:39 +0000 Anne Bagchi http://zincinvestingnews.com/?p=3370 Reuters reported that China is planning increase imports of zinc in the fourth quarter of 2012.

As quoted in the market news:

The price of zinc in international markets has mirrored a general decline in commodities due to Europe's debt crisis, with London Metal Exchange zinc dropping more than 10 percent from its high for the year so far, in January.

Click here to read the full Reuters report.

China Plans to Increase Zinc Imports originally posted on zincinvestingnews.com

]]> http://resourceinvestingnews.com/37041-china-plans-to-increase-zinc-imports.html Malagasy Minerals: Drilling Results From the Molo Prospect http://feedproxy.google.com/~r/ResourceInvestingNews/~3/FpPZmUN0KIE/37044-malagasy-minerals-drilling-results-from-the-molo-prospect.html http://resourceinvestingnews.com/37044-malagasy-minerals-drilling-results-from-the-molo-prospect.html#comments Sat, 26 May 2012 03:21:10 +0000 Anne Bagchi http://graphiteinvestingnews.com/?p=466 Malagasy Minerals Limited (ASX:MGY) has updated on the drilling results from the Molo prospect.

As quoted in the press release:

Highlights

  •   TSX-listed Energizer Resources Inc reports spectacular results from Q4 2011 drilling at the flagship Molo graphite deposit at the MGY-EGZ JV in Madagascar
  •   Results include 106m of graphite mineralisation at 8.44% carbon, inc 37m at 11.17% carbon

Click here to read the Malagasy Minerals Limited (ASX:MGY) press release.

Malagasy Minerals: Drilling Results From the Molo Prospect originally posted on graphiteinvestingnews.com

]]> http://resourceinvestingnews.com/37044-malagasy-minerals-drilling-results-from-the-molo-prospect.html Usable Battery Technology’s Future http://feedproxy.google.com/~r/ResourceInvestingNews/~3/5oFcwIo9DFo/37042-usable-battery-technologys-future.html http://resourceinvestingnews.com/37042-usable-battery-technologys-future.html#comments Sat, 26 May 2012 03:15:20 +0000 Anne Bagchi http://lithiuminvestingnews.com/?p=5825 Green Car Reports analyzed U.S. Department of Energy's statement that latest usable battery technology will take ten years to develop.

As quoted in the market news:

The reality behind the long-running joke is that we're now actually using some of that technology developed a decade ago in our modern electric cars, and while the battery world has its fair share of vaporware, the most promising technologies in development today really could be the ones we're using ten years down the line.

Click here to read the full Green Car Reports report.

Usable Battery Technology’s Future originally posted on lithiuminvestingnews.com

]]> http://resourceinvestingnews.com/37042-usable-battery-technologys-future.html Boxxer Begins Drilling for Copper and Moly at East Breccia http://feedproxy.google.com/~r/ResourceInvestingNews/~3/8AVt2bXD8Jk/37039-boxxer-begins-drilling-for-copper-and-moly-at-east-breccia.html http://resourceinvestingnews.com/37039-boxxer-begins-drilling-for-copper-and-moly-at-east-breccia.html#comments Sat, 26 May 2012 00:50:42 +0000 Jessica Oman http://molyinvestingnews.com/?p=5170 Boxxer Gold Corp. (TSXV:BXX) announced that drilling has begun at the Ontario-based East Breccia copper-moly property.

As quoted in the press release:

The East Breccia property hosts two large zones of copper-molybdenum (rhenium)-silver-tungsten mineralization located in the Sault Ste. Marie Mining Division in south-central Ontario.

Click here for the Boxxer Gold Corp. (TSXV:BXX) press release.

Boxxer Begins Drilling for Copper and Moly at East Breccia originally posted on molyinvestingnews.com

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