Print2online CMS 4.0 http://www.internationalresourcejournal.com/ ©2007 CBJ http://www.internationalresourcejournal.com/files.php?file= http://www.internationalresourcejournal.com/ http://www.internationalresourcejournal.com/resource_news/3732.html Resource News Mon, 16 Jan 2012 23:59:00 -0600 IRJ – January 17 – Oil and gas discovery hotspot, Norway, has offered up some 60 blocks or partial blocks in a bid to raise dwindling production by encouraging exploration, Tuesday, and 42 companies have snapped up stakes or operator status. Reuters figures state that 27 of the groups have taken on operator roles, 56 of the blocks or partial blocks are located in http://www.internationalresourcejournal.com/resource_news/3731.html Resource News Sun, 15 Jan 2012 21:23:00 -0600 IRJ – January 16 – Global natural resources has a new fund on the block in the form of the Baring Global Mining Fund; a fresh entrant into mining finance to be run by Clive Burstow, formerly of BlackRock, who rejoined Baring Asset Management in March. Subject to the proper approvals the Baring Global Mining Fund will hit the markets in March this http://www.internationalresourcejournal.com/resource_news/3729.html Resource News Thu, 12 Jan 2012 19:07:00 -0600 IRJ – January 13 –Officials in Japan appeared to backtrack on Thursday’s vocal support for U.S. spearheaded planned sanctions against Iranian oil, Friday, when Prime Minister Yoshihiko Noda and Foreign Minister Koichiro Gemba looked to distance their official take from that of comments made by Finance Minister Jun Azumi the day before. Azumi said that Japan plans to “take action concretely” to reduce its http://www.internationalresourcejournal.com/resource_news/3728.html Resource News Thu, 12 Jan 2012 11:13:00 -0600 IRJ – January 13 – U.S. Treasury Secretary Tim Geithner received a lukewarm reception in Beijing this week during his Asian tour aimed at rallying support for planned sanctions against Iran, and news that Washington has imposed sanctions on three groups including a large Chinese trading house for business dealings with the country, Friday, looks unlikely to improve relations. China’s Zhuhai Zhenrong, Singaporean oil http://www.internationalresourcejournal.com/resource_news/3726.html Resource News Wed, 11 Jan 2012 19:19:00 -0600 IRJ – January 12 – Energy multinational Chevron Corporation has big plans for well drilling and improvements in Indonesia during 2012, an official from upstream oil and gas authority BPMigas stated, Thursday. The U.S. headquartered group, Indonesia's top oil producer, will drill 380 new oil wells to up output in the country by approximately 11,200 barrels per day (bpd), and carry out works on http://www.internationalresourcejournal.com/resource_news/3725.html Resource News Wed, 11 Jan 2012 17:40:00 -0600 IRJ – January 12 – Efforts made by the U.S. to further planned sanctions on Iranian oil received a vital boost, Thursday, when Japan vowed to take steps towards cutting crude imports from the country. Japanese Finance Minister Jun Azumi, speaking after a meeting with U.S. Treasury Secretary Timothy Geithner in Japan, affirmed that the nation will “take action concretely” to reduce its reliance http://www.internationalresourcejournal.com/resource_news/3724.html Resource News Tue, 10 Jan 2012 14:58:00 -0600 IRJ – January 11 – Namibia’s powers-that-be granted state-owned China Guangdong Nuclear Power Holding Company (CGNPC) subsidiary Taurus Minerals the rights to take over an Australian mining group which holds exploration rights over the world's fourth-largest uranium deposit, Wednesday. Extract Resources ("Extract"), owner of the Husab uranium deposit in west-central Namibia through its wholly-owned local subsidiary Swakop Uranium, sees its majority share takeover bid http://www.internationalresourcejournal.com/resource_news/3723.html Resource News Wed, 11 Jan 2012 02:44:00 -0600 IRJ – January 11 – Seven individuals were detained under bribery allegations surrounding the granting of shale gas exploration licenses in Poland, Tuesday, according to Polish security agency ABW. The detainees, ABW states, include three Environment Ministry officials, one employee of the Polish Geological Institute and three businessmen who each represent companies holding shale gas exploration licenses. According to Polish broadsheet Gazeta Wyborcza, http://www.internationalresourcejournal.com/resource_news/3722.html Resource News Tue, 10 Jan 2012 01:11:00 -0600 IRJ – January 10 – Ministers of the European Union (EU) are scheduled to stage talks about implementing an oil embargo on Iran on January 23, reports state Tuesday. The meeting, originally planned to take place on January 30, has been brought forward to avoid a clash with another EU leader summit scheduled to take place that day, official statements explain. It is http://www.internationalresourcejournal.com/resource_news/3721.html Resource News Mon, 09 Jan 2012 07:49:00 -0600 IRJ – January 10 – Perth-headquartered copper and gold explorer/producer Exco Resources Ltd. (ASX: EXS) (“Exco”) and joint venture partner, mine developer/producer Polymetals Mining Ltd. (ASX: PLY) (“Polymetals”), announced plans to develop the Vertigo Gold Project in Drew Hill, South Australia, Tuesday. Announcements from the companies—who also partner on the White Dam Gold Production Joint Venture west of Broken Hill—reveal that Polymetals will increase http://www.internationalresourcejournal.com/resource_news/3720.html Resource News Tue, 10 Jan 2012 01:25:00 -0600 IRJ – January 10 – Turkish oil group Genel Energy Plc announced that it will lift production at the Tawke field in Kurdistan from current output at around 60,000 barrels per day (bpd) to around 100,000 bpd during 2012, Tuesday. Genel’s confidence in the production increase is backed by an independent report which reveals that Tawke houses 78 per cent more proven and probable http://www.internationalresourcejournal.com/resource_news/3719.html Resource News Sun, 08 Jan 2012 23:01:00 -0600 IRJ – January 9 – Venezuelan President Hugo Chavez will host Iran’s President Mahmud Ahmadineyad during a five-day South American state visit which starts today and has been dubbed by U.S. sources as a desperate move by Iran to rally allies as tensions with the West mount. The visit began as Iran state radio announced that a former U.S. Marine named Amir Mirzaei Hekmati has The International Resource Journal