News archive for June, 2006

Results 281 - 290 of about 291 news for the month of June, 2006.

Union Sues Feds Over Coal Mine Air Packs

June 10th, 2006

The coal miners’ union is suing the government to ensure miners have working oxygen supplies and know how to use them.
The suit by the United Mine Workers of America comes a day after Congress passed sweeping legislation overhauling mine safety rules. The union backed the legislation but said its lawsuit deals with separate concerns.
UMW president [...]

International Coal to Offer Notes

June 10th, 2006

International Coal Group Plans to Offer $250 Million of Senior Notes
Coal mining company International Coal Group Inc. said Friday that it plans to make a private offering of $250 million of senior notes due 2014.
International Coal said it intends to use the proceeds to repay its revolving credit facility and retire its term loan facility, [...]

Century Mining Establishes Milestone Progress on Lamaque Underground Phase I Exploration and Development Program

June 10th, 2006

Century Mining Corporation (TSX VENTURE:CMM) announces that initial inspections of the main surface decline to gain access to the underground Lamaque workings have now reached the 1500 level in the Lamaque mine.
The company announced initial progress on the main decline inspection on May 10, 2006.
Conditions encountered in the decline between the 775 level and the [...]

Bear Creek recommends against soil mining

June 10th, 2006

Bear Creek Township board members decided unanimously Wednesday to recommend against county-level approval of a soil mining project just south of Petoskey.
With this decision, the board reversed the position on the controversial mining proposal which Bear Creek’s planning commission had earlier recommended for the township.
Emmet County officials have final say on planning and zoning matters [...]

Namibia: More Money Needed for Mining Town

June 9th, 2006

A cash injection of N$100 million will be needed to save the mining town of Arandis on the west coast from total collapse and eventual ruin.
This startling fact became known yesterday during an in-depth New Era interview with the town’s Mayor, Daniel Muhuura.
The mayor, a working artisan at Rössing Uranium, was elected last year to [...]

Mining to give Rapu-Rapu folk P2/day — Greenpeace

June 9th, 2006

EACH Rapu-Rapu resident stands to gain only 2 pesos per day for the seven-year duration of the Lafayette Phil. mining project, contrary to the Australian company’s claim that mining will enrich the island’s 30,000 people, according to a socioeconomic report commissioned by the Greenpeace environment group.
The study, titled “Fool’s Gold,” showed that the economic benefit [...]

London’s FTSE 100 lifted by mining sector rally

June 9th, 2006

London equities took their cue from Wall Street’s rally on Friday, as the volatile mining and oil sectors made strong gains, while broker upgrades added to the momentum.
The FTSE 100 rose 1.7 per cent to 5,655.2 while the mid-cap FTSE 250 jumped 2.3 per cent to 9,017.9.
Kazakhmys traded 2.2 per cent higher to £10.28 as [...]

Volatile mining and oil sectors made strong gains in London Stocks while broker upgrades added to the momentum

June 9th, 2006

With little corporate news to focus on, London equities took their cue from Wall Street which managed a late rally overnight. The volatile mining and oil sectors made strong gains in London while broker upgrades added to the momentum.

U.K. Stocks Climb, Led by BP; Rio Paces Rally in Mining Shares

June 9th, 2006

U.K. stocks rose, led by BP Plc. Rio Tinto Group and BHP Billiton led a rally among mining companies.
The FTSE 100 Index added 73, or 1.3 percent, to 5635.90 at 8:42 a.m. in London, trimming its weekly loss to 2.2 percent. The FTSE All-Share Index increased 40.54, or 1.4 percent, to 2865.78. Ireland’s ISEQ Overall [...]

TEXT-Singapore Petroleum drills for gas

June 9th, 2006

The following statement was released by the company:
SINGAPORE PETROLEUM COMPANY LIMITED (REG. NO. 196900291N)
GAS DISCOVERY AT LUKAH-1X EXPLORATION WELL
SINGAPORE, 9 JUNE 2006 - Further to Singapore Petroleum Company Limited’s (”SPC”) (SPCS.SI: Quote, Profile, Research) announcement (SGXNET Announcement No. 87) on 10 May 2006, SPC is pleased to provide an update on the drilling of Lukah-1X [...]


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