Archive for March, 2008

City of Andrews Raising the Stakes for a Uranium Enrichment Plant

March 23rd, 2008
City of Andrews Raising the Stakes for a Uranium Enrichment Plant

Andrews is raising the stakes in its fight for AREVA, a uranium enrichment plant.
The City made the list of top five potential sites and is now offering a very enticing incentive which includes a job creation grant, help with employee training and relocating. As well as tax abatement, which means AVENA won’t have to pay [...]

2007 big for cleaner energy

March 23rd, 2008
2007 big for cleaner energy

Despite a swarm of economic problems and rising fossil fuel costs, last year was a banner year for clean energy, according to an outlook report by Clean Edge, a research and publishing firm.
According to Clean Edge’s report, biofuels (global production and wholesale pricing of ethanol and biodiesel) reached $25.4 billion in 2007 and are projected [...]

Global Steel goes abroad for coal, iron ore mining sites

March 23rd, 2008
Global Steel goes abroad for coal, iron ore mining sites

Ispat Industries’ promoter Pramod Mittal-owned Global Steel Holdings Limited has signed up mining leases for iron ore and coal reserves in Brazil, Colombia and Mozambique.
A GSHL spokesman confirmed the development, saying it has signed multiple iron ore leases with Brazil and for thermal and coking coal exploratory blocks with Colombia and Mozambique.
While the spokesman [...]

China steel association denies boycott of BHP Billiton, Rio Tinto iron ore

March 23rd, 2008
China steel association denies boycott of BHP Billiton, Rio Tinto iron ore

The China Iron & Steel Association (CISA), a semi-official industry organization, has denied media reports that Australia’s largest miners BHP Billiton Ltd and Rio Tinto Ltd have been banned from selling iron ore in China.
CISA vice chairman Luo Bingsheng said there was no such ban at a media briefing here.
However, Luo also told reporters that [...]

Uranium Corp going ahead with Maghalaya mining

March 21st, 2008
Uranium Corp going ahead with Maghalaya mining

The Uranium Corp of India Ltd (UCIL) is going ahead with its mining and milling project in West Khasi hills of Meghalaya despite opposition from NGOs, the government said Wednesday.
“UCIL proposes to set up a mine and mill near Kylleng Pyndengsohiong Mawthabah in the West Khasi Hills district,” Prithiviraj Chavan, the minister of state in [...]

Ashburton Minerals Announces Uranium and Copper Anomalies at Sunday Bore

March 21st, 2008
Ashburton Minerals Announces Uranium and Copper Anomalies at Sunday Bore

Ashburton Minerals announced excellent first-pass results of a surface geochemical survey completed over the Sunday Bore Project (E09/1308) in WA which indicate the presence of two uranium anomalies and one copper anomaly within the project area. In addition, field observations have identified the possible continuation of the Gifford Creek Carbonatite Complex into the project area. [...]

Sical Iron Ore Terminals has Rs.3.4 bn financial closure

March 21st, 2008
Sical Iron Ore Terminals has Rs.3.4 bn financial closure

Sical Iron Ore Terminals Limited (SIOT) promoting the 12 million tonne per annum (tpa) iron ore terminal at Ennore Port here has achieved financial closure.
The company, which is a 89:11 joint venture between Sical Logistics Limited and L&T Infrastructure Development Projects, signed the Rs.3.4 billion funding deal with a consortium of lenders led by Yes [...]

Victory Nickel Defines Deep Drill Targets with Geophysics at Minago Project

March 21st, 2008
Victory Nickel Defines Deep Drill Targets with Geophysics at Minago Project

Victory Nickel Inc. (”Victory Nickel” or the “Company”)(TSX:NI - News; www.victorynickel.ca) today announced that recent re-interpretation of an airborne electromagnetic and magnetic survey identifies drill targets at the Minago nickel project extending to a vertical depth in excess of 1.5 kilometres and confirms the potential for a continuous mineralized body linking the Nose Deposit and [...]