News archive for November, 2006

Sidoarjo gas pipe blast was an accident, says police spokesman

November 23rd, 2006
Sidoarjo gas pipe blast was an accident, says police spokesman

Police said here on Thursday they had so far found no indication of criminal intent in the gas pipe blast in Sidoarjo, East Java, that killed six people on Wednesday.
“Until now, we believe it was only an accident. However, we do not know whether this belief will stick. It is not impossible that it will [...]

Philippine gold mine attracts Newmont

November 22nd, 2006
Philippine gold mine attracts Newmont

Newmont Mining, the world’s third-biggest gold producer, may join overseas companies bidding to run a Philippine gold mine in a process that is set to start within six weeks.
“Newmont has expressed interest in the Diwalwal mine,” Artemio Disini, president of the state-run National Resources Development, said in phone interview Tuesday. Calls to Newmont’s main office [...]

Australia Invites India To Invest In Energy, Mining

November 22nd, 2006
Australia Invites India To Invest In Energy, Mining

Australia sought Indian investment in energy and mining and assured India of providing the latest technology in mining and mineral exploration.
Ian Macfarlane, the visiting Australian Minister for Industry, Tourism and Resources, said that trade in energy and resources were the drivers of the bilateral economic relationship.
Macfarlane also said that Australia would participate in the International [...]

Emmetsburg picked as site for ethanol plant that will use corn waste

November 22nd, 2006
Emmetsburg picked as site for ethanol plant that will use corn waste

A project announced Monday would make Emmetsburg the home of the first commercial-scale ethanol plant in the United States to use corn waste — stalks, leaves and cobs — as the raw material to make fuel.
The $200 million project is headed by Broin Companies of Sioux Falls, S.D., which already operates six ethanol plants in [...]

Wentworth Energy Announces the First Successful Gas Discovery on Its East Texas Mineral Block

November 22nd, 2006
Wentworth Energy Announces the First Successful Gas Discovery on Its East Texas Mineral Block

Wentworth Energy, Inc. is pleased to announced its first gas discovery on the Company’s 27,557-acre mineral block in East Texas following the drilling and testing of its No. 1 Brakens’ well. The well was completed by Wentworth Energy’s drilling services subsidiary Barnico Drilling. A four point test yielded a calculated absolute open flow of 2.1 [...]

Grand opening Dec. 2 for Loomis ethanol plant

November 22nd, 2006
Grand opening Dec. 2 for Loomis ethanol plant

Sioux Falls-based Broin Cos., the nation’s largest dry mill ethanol producer, announced Tuesday that the grand opening for its latest plant will be Dec. 2.
The opening of Prairie Ethanol near Loomis, north of Mitchell, will begin with the Vanguard Squadron, the world’s only 100 percent ethanol-powered aerobatic fleet, performing flyovers at 10:15 a.m. The speaking [...]

France: Countries Agree to Pursue Fusion Energy

November 22nd, 2006
France: Countries Agree to Pursue Fusion Energy

Representatives of the United States, the European Union, China, India, Japan, Russia and South Korea signed a $12.8 billion agreement to build an experimental nuclear fusion reactor to try to produce safe, clean and inexhaustible energy using the same process that lights the Sun. The project, ITER, for International Thermonuclear Experimental Reactor, will be based [...]

Pacific Ethanol Shares on the Move

November 22nd, 2006
Pacific Ethanol Shares on the Move

Shares of Pacific Ethanol Inc. rose in Tuesday afternoon trading after the ethanol producer swung to a third-quarter profit that beat Wall Street expectations.
The stock rose $1.05, or 6 percent, to $18.54 in midday trading on the Nasdaq.
Pacific credited higher ethanol prices and volumes for its 7-cent per share profit, compared to a year-ago loss [...]

Salamander Energy to float in London

November 22nd, 2006
Salamander Energy to float in London

Southeast Asia-focused oil and gas explorer Salamander Energy Ltd said on Wednesday it planned to float on the London Stock Exchange, raising funds in the process to accelerate its growth plans.
A spokesman for Salamander, whose main operations are in Indonesia and Thailand, would not comment on how much money it planned to raise.
Salamander said in [...]

Diamond drilling confirms Etruscan’s gold discovery at Diba in Mali, West Africa

November 22nd, 2006
Diamond drilling confirms Etruscan’s gold discovery at Diba in Mali, West Africa

Etruscan Resources Inc. (EET.TSX) reported that it has received assay results from the initial diamond drill (core) and reverse circulation drilling program at its Diba property in Mali, West Africa. These results confirm a significant gold discovery at Diba, located some 15 kilometers south of the Sadiola Gold Mine
Diamond and RC Drill Results
A total [...]