News archive for December, 2006

Results 351 - 360 of about 384 news for the month of December, 2006.

West Virginia: Violation for Mining Company

December 3rd, 2006

West Virginia regulators have cited a mining company for allowing workers in September to carry damaged emergency equipment into the Sago Mine, where an explosion in January killed 12 men. The heat indicators on six miners’ emergency air packs showed the packs had been exposed to excessive heat, the citation said. The violation notice was [...]

Referendum on coal-mining limits invalid over low turnout

December 3rd, 2006

The referendum on the observance of environmental limits for coal mining to guarantee the landscape protection in the Litvinov vicinity is invalid as only 38 percent of eligible voters took part in it on Friday while at lest 50-percent turnout is required by the law, the Litvinov website has informed.
The total of 95 percent of [...]

Zhaojin Mining prices IPO at top end of range-source

December 3rd, 2006

Zhaojin Mining Industry Co., the second-largest Chinese listed gold producer, raised $281 million after pricing its Hong Kong initial public offering at the top of an indicated range, a source familiar with the deal said on Saturday.
Shandong province-based Zhaojin, sold 172.8 million H shares, or 24.6 percent of its enlarged share capital, at HK$12.68 a [...]

Goldman cites supplies, ups nickel, zinc forecasts

December 3rd, 2006

Goldman Sachs has significantly hiked its average price forecasts for nickel and zinc for this year and next to reflect tight supplies, the U.S.-based investment bank said in a research report.
The bank revised up its average nickel price forecast to $23,874 a tonne for this year against a previous forecast of $18,940. The 2007 forecast [...]

Pengrowth Energy Trust Announces $1.0375 Billion Acquisition of Canadian Oil and Natural Gas Properties

December 3rd, 2006

Pengrowth Corporation, administrator of Pengrowth Energy Trust is pleased to announce that it has entered into a definitive agreement to acquire Canadian oil and natural gas producing properties and undeveloped lands (the “CP Properties”) through the acquisition of the shares of four subsidiaries of Burlington Resources Limited, a subsidiary of ConocoPhillips, for a purchase price [...]

India plans to source more oil, gas from Russia: Deora

December 3rd, 2006

India plans to get more oil and gas from Russia as part of its efforts to diversify sources of energy, Petroleum Minister Murli Deora said.
“Russia is our important friend and we look towards them when we think of our energy needs and security of the country,” Deora said at a function organized to mark the [...]

Petroleum Consolidators Enters into a Definitive Purchase and Sale Agreement with a Chevron Branded Gas Station

December 3rd, 2006

Petroleum Consolidators of America, Inc. announced that it has moved from a Letter of Intent, which was previously announced on November 29, 2006, to a Definitive Purchase and Sale Agreement with the seller of an independent Chevron branded gas station located in Charlotte County, Florida.
David Cohen, President & CEO of Petroleum Consolidators, stated, “We are [...]

Wal-Mart, Intel, British Petroleum To Collaborate To Promote Use Of Electronic Health Records

December 3rd, 2006

Wal-Mart Stores, Intel, British Petroleum and other companies next week will announce a plan to provide and promote usage of portable electronic health records for their employees, the Wall Street Journal reports. Last summer at the request of CDC, Wal-Mart and Intel joined together on the plan after meeting separately with the agency to discuss [...]

Nuinsco Begins Uranium Exploration, Schedules Drilling at Prairie Lake

December 3rd, 2006

Nuinsco Resources Limited announced that it has begun a uranium exploration program at its 100% owned Prairie Lake property in northwestern Ontario. Prairie Lake hosts a near-surface historic (non-NI-43-101-compliant) resource of over 180,000 tonnes grading 0.09% U3O8 reported by Nuinsco in the 1970s. Surface exploration has begun and samples have been collected in preparation for [...]

Around 4,500 homes without power due to wind

December 3rd, 2006

About 4,500 homes are without power due primarily to wind, according to Appalachian Power.
That 4,500 breaks down like this: 2,100 in the Woodlawn community along the Grayson and Carroll County border and 2,500 in the Roanoke area.
Crews hope to have power back up and running for those folks [...]