Articles Tagged "oil"

Weekend Wrapup

By Dave Brown – Exclusive to Gold Investing News The Chinese consider 8 to be a lucky number, opening the Olympic Games at 8 pm on August 8, 2008.  Eight is considered to be lucky because its pronunciation in Cantonese sounds the same as the word for “prosper” or “wealth”.  Incongruously, this lucky number did not serve [...]

Barrick buys more oil assets to hedge costs

Globe and Mail(Reuters) reports Barrick Gold has agreed to purchase C$87.5 million ($83 million) in oil and gas assets from Daylight Resources Trust. Barrick, the world’s largest gold producer, said the purchase of the assets at Sturgeon Lake, Alberta, represents production of about 900 barrels of oil equivalent a day. The move follows Barrick’s C$410 million [...]

Alexis Minerals Corporation: A Rarity – Junior Explorer and Gold Producer

Overview Alexis Minerals Corporation is a dynamic and aggressive mineral exploration and development company focused on mine discovery in Canada’s richest mining regions, Val d’Or and Rouyn-Noranda, Quebec. Key Points: “Focused on Creating Wealth” Control of 1,005 square kilometres of high-quality exploration properties in two of Canada’s most prolific mining camps Explorer with discoveries Expert [...]