News archive for September, 2006

Results 271 - 280 of about 304 news for the month of September, 2006.

Stillwater Mining Plans to Restart Mine

September 8th, 2006

Stillwater Mining Plans to Restart Montana Mine After Wildfires Force Second Work Suspension
Platinum and palladium miner Stillwater Mining Co. on Thursday said it expects to resume operations at its East Boulder Mine in Montana as early as Friday morning, if fire conditions remain stable.
The company suspended activity at the mine, located south of Big Timber, [...]

SE Asia Stocks-Manila snaps 6-day gains; mining shares weigh

September 8th, 2006

Philippine stocks posted their largest one-day drop in two weeks on Friday, snapping six straight trading days of gains, as gold miners such as Lepanto Consolidated Mining Co. fell on weak gold prices.
The Philippines ended down 1.13 percent, Indonesian stocks lost 0.52 percent, and Thai stocks were off 0.41 percent by 0513 GMT.
Markets elsewhere rose. [...]

Roan drilling plan too slow, industry group says

September 8th, 2006

A long-awaited federal decision that would open the Roan Plateau to natural drilling includes compromises that make the land “much less economically attractive,” an industry group said Thursday.
The Bureau of Land Management’s plan to open up the Western Slope site includes measures that would prolong the effective drilling period for decades, according to the Colorado [...]

Continental Precious Minerals Acquires Additional Mineral Licences in Sweden

September 8th, 2006

Continental Precious Minerals Inc. is pleased to announce that the Inspectorate of Mines in Sweden has issued to Continental an additional 7 mineral exploration licences and that drilling on the Viken licence has commenced.
Acquisition of Additional Licences
The Company’s newly acquired licences are multi-metal sediment licences and are referred to by the Company as MMS (Narke) [...]

Banro increases and upgrades mineral resources at Namoya

September 8th, 2006

Banro Corporation (”Banro” or the “Company”) (AMEX - “BAA”; TSX - “BAA”) is pleased to announce an updated mineral resource estimate at its wholly-owned Namoya project of 691,000 ounces of gold (7,386,000 tonnes grading 2.91 g/t Au) in the Indicated Mineral Resource category and 583,000 ounces of gold (4,829,000 tonnes grading 3.76 g/t Au) in [...]

BLM proposes clustering, staging drilling on Roan Plateau near Rifle

September 8th, 2006

Aiming to balance development and wildlife on the scenic Roan Plateau in western Colorado, the Bureau of Land Management on Thursday proposed restrictions to oil and gas drilling but didn’t agree to make the top of the plateau off limits.
The rugged plateau about 150 miles west of Denver has some of the country’s richest natural [...]

Roan plan cuts drilling area

September 8th, 2006

Less than half the area on top of and below the Roan Plateau would be opened to natural gas drilling, according to a management plan released Thursday. The remainder would see protections designed to preserve wildlife, views and rare plants.
With the western flank of the Roan Plateau in view, Bureau of Land Management officials unveiled [...]

Fire in Siberian coal mine traps 19

September 8th, 2006

A fire broke out at a coal mine in Siberia on Thursday, trapping at least 19 miners, a Russian emergency official said.
The blaze broke out around 8:15 a.m. at least 280 feet underground in the Vershino-Darasunsky mine in the Chita region, about 3,000 miles east of Moscow, said Emergency Situations Ministry spokeswoman Yulia Stadnikova.
Of the [...]

Indonesia: Foreign ships still allowed to transport coal, oil and gas

September 8th, 2006

Foreign-flagged ships are allowed to transport coal and oil and gas within Indonesian waters until 2010 and this does not violate the country’s cabotage rules, the minister of transportation says.
Speaking in Jakarta on Wednesday, Hatta Radjasa said allowing foreign ships to transport coal, oil and gas did not violate 1995 cabotage regulations.
“I will never tolerate [...]

Indonesia, Japan to build high-quality coal plant

September 8th, 2006

Indonesian and Japanese firms agreed Friday to jointly build a factory to produce upgraded brown coal (UBC) in South Kalimantan province with an investment of 68 million U.S. dollars.
The project involves Japan Coal Energy as a ready buyer, Kobe Steel as contractor, Indonesia’s PT Arutmin as coal supplier, state-run oil firm PT Pertamina and the [...]