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Nautilus Minerals Inc. was a Canadian deep sea exploration and mining company founded in 1997, and listed on the Toronto Stock Exchange between 2007 and 2019. The company was known for Solwara-1, the first deep sea mining project, an attempt to explore and mine a mineral deposit on the seabed off the coast of Papua New Guinea. [1]
6 December 2024: Peter Groves (29), a drilling contractor died at a remote mineral exploration site in the state. He had worked for Challenge Drilling as a contractor on the Apollo Hill Gold Project. [5] [6] 23 April 2024: Eli Kelly (21) died from crush injuries sustained in a tailings paste plant at Gold Fields' St Ives gold mine, near ...
2008: Further expansion of the McCully natural gas system including construction of a 3.4 kilometre pipeline to tie in well pad I-39. [59] 2009: First hydraulic fracturing of a horizontally drilled well in New Brunswick in the McCully area. [59] 2009: Start of exploratory drilling and hydraulic fracturing in the Elgin area, south of Petitcodiac ...
Noranda had bought 19.9% of rival mining company Falconbridge in 1988, which was raised to a 58.4% stake in 2002. In 2004 China Minmetals was interested in buying Noranda, and completed negotiations with the Noranda board in October 2004 with a sale price of $6.7 billion, which caused the Canadian federal government to review its foreign investment policy.
Mineral Exploration Division conducts primarily above ground drilling activities, including all phases of core drilling, reverse circulation, dual tube, hammer and rotary air-blast methods. Layne's service offerings include both exploratory and directional drilling for major gold, copper and other base metal producers.
Precision Drilling Ltd. was founded in 1951. [3] In 1987, Precision Drilling was acquired by Cypress Drilling, led by president Hank Swartout, in a reverse takeover which left the company with a fleet of 19 rigs. [4] Swartout led the company through extensive growth until his retirement in 2007. [5]
The Ring of Fire is a vast, mineral-rich region located in the remote James Bay Lowlands of Northern Ontario, Canada. [1] Spanning approximately 5,000 square kilometres (1,900 sq mi), the area is rich in chromite, nickel, copper, platinum group elements, gold, zinc, and other valuable minerals.
In 2009 the regional supervisor of the Gulf region for MMS pleaded guilty and was sentenced to a year's probation in federal court for lying about receiving gifts from an offshore drilling contractor. "This deeply disturbing report is further evidence of the cozy relationship between MMS and the oil and gas industry," Salazar said. [42] [43]