MILTON-The president of United Ethanol doesn’t put much credence in projections of doom and gloom for the ethanol industry.
David Cramer is confident that ethanol is here to stay.
While United Ethanol’s $60 million plant nears completion in Milton’s Eastside Industrial Park, a story in the Chicago Tribune questions the future of ethanol and the livelihood [...]

VeraSun Energy Corp., the second biggest U.S. ethanol producer, announced today that it plans to make biodiesel from distillers grains, a byproduct of ethanol.
The company, which is based in Brookings, S.D., is looking at possible locations for a 30-million-gallon-a-year biodiesel production plant. It plans to begin construction next year with production starting in 2008.
VeraSun has [...]

PALESTINE - Charleston city officials had to drive around Palestine’s ethanol plant for a while before they could find a spot where any odor was detectable on a recent visit.
“You could only smell the plant if you were in a certain range,” said City Manager Scott Smith, adding they could not detect any odor beyond [...]

Sao Luis Mining, Inc., a diamond mining and precious metals exploration company, has announced today that it has initiated the process to become a fully reporting company under U.S. Securities and Exchange Commission (SEC) regulations. Presently Sao Luis Mining is a non-reporting company trading on the U.S. over-the-counter (OTC) Pink Sheets as well as on [...]

STRUGGLING Victorian gold revivalist Bendigo Mining completed a $50 million capital raising at one-third the price its shares were trading at six months ago.
Goldman Sachs JBWere and Macquarie Equity Capital Markets tried to place shares with institutions between 88¢ to 96¢, but the goldminer was forced to settle for a 12-month low price of 80¢ [...]

Gondwana Energy Ltd. is pleased to announce that on November 2nd it executed an agreement to purchase, from Mr. Peter Lofberg of Tampere Finland, 100 percent of the issued and outstanding ordinary shares of FinMetal Mining Oy, a company organized pursuant to the corporate laws of Finland.
FinMetal Mining OY owns the option to acquire a [...]

Norilsk Nickel , the world’s top nickel and palladium miner, has obtained a geological exploration licence for a large nickel, copper and platinum deposit, the Russian company said on Friday.
Norilsk said in a statement it had obtained a licence to explore the Kureysko-Gorbiyachenskaya area on the Taimyr peninsula, where its main Polar division is based.
Russia’s [...]

Titan Oil and Gas, Inc. is pleased to announce the commencement of the final phase to bring its Eberle #1 gas well in Bastrop County, Texas, on-line, with a rig on its way to the site. With the successful conclusion of operations on the Eberle #1, preparations will be made to undertake development of an [...]

Wentworth Energy, Inc. announced that it has signed a three-year Lease and a Joint Operating Agreement with Marathon Oil Company to explore approximately 9,000 acres of Wentworth Energy’s mineral block in Freestone County, Texas. The agreements give Marathon the right to drill deep gas wells on the minerals and the opportunity to partner with Wentworth [...]

Texola Energy Corp. has entered into negotiations with a private Calgary-based Oil and Gas Company to acquire its ongoing operations and producing assets. The target company commenced operations in 2003 and has focused it drilling and exploration operations in two core areas comprising 9,489 (gross acres); one core area is located in Alberta, Canada, and [...]