Syria Mining News

The implications of the EU’s lifting sanctions on Syria’s oil

This is a de facto sidelining of the regime in power.

Fears Syria's uranium stockpiles going to Iran

Enough weapons grade fuel for five atomic devices.

Syria trying to sell gold reserves as sanctions begin to bite – sources

Syria is trying to sell gold reserves to raise revenue as Western and Arab sanctions targeting its central bank and oil exports begin to bite, diplomats and traders said.

Suncor Energy announces withdrawal from Syria

CALGARY, ALBERTA--(Marketwire - Dec. 11, 2011) - Suncor Energy reported today that it has declared force majeure under its contractual obligations and is suspending its operations with the General Petroleum Corporation (GPC) in Syria.

Suncor announces record third quarter; operations continue in Syria despite troubles

Suncor Energy Inc. (NYSE:SU), Canada's largest energy company, announced third quarter record earnings of $1.287 billion or 82 cents per share. Operating earnings almost tripled to a record $1.789 billion or $1.14 per common share. On the news, which was announced on Thursday, the company's shares were up 1.8% to $31.88. Production from oil sands was a bright spot for the company with an increase from 306,600 to 326,600 barrels a day; however cash costs increased $3.30 a barrel.