The Indonesian unit of Canada’s Inco Ltd. said on Wednesday it was likely to meet this year’s nickel matte output target of 158 million pounds after rain helped replenish hydro-power reserves.
PT International Nickel Indonesia Tbk , said last week it may have to cut nickel matte production from Dec. 20 as dry weather had caused [...]
LINCOLN GOLD CORP. is pleased to announce that it has been informed by its joint venture partner, Kinross Gold Corporation, that it will commence drilling various gold targets on the Jenny Hill property in January, 2007. Jenny Hill is comprised of a large claim block located in the Black Hills directly between the past producing [...]
Production at the Porgera gold mine in Papua New Guinea will likely suffer after a lightning strike disrupted power supplies, part-owner Emperor Mines Ltd. (ASX: EMP.ax) said on Thursday.
A number of generators were knocked out by a series of lightning strikes, reducing power to the mine, it said.
Supplementary power was helping reduce the impact of [...]
A group of northern Ontario aboriginal communities is hoping actor Leonardo DiCaprio will play a starring role in its fight against a De Beers diamond mine which it says could threaten the province’s boreal forest.
The Nishnawbe Aski Nation has written to the movie star, asking him to promote their concerns about the gem magnate’s mine [...]
Parker Drilling Co., which provides offshore drilling services, on Wednesday said it has agreed to sell two of its barge rigs in the Gulf of Mexico to Basic Energy Services Inc. for about $20 million.
Parker expects to book a $5 million gain on the sale and said it plans to use proceeds to fund 2007 [...]
Australia’s domestic energy consumption is expected to rise nearly 50% from 2004-05 levels over the next 25 years, a government forecaster said Thursday.
The Australian Bureau of Agricultural and Resource Economics forecast growth in Australian energy consumption to moderate from earlier growth trends, averaging 1.6% a year to 2030.
ABARE’s national and state projections 2029-30 report said [...]
McGraw-Hill Cos. division Standard & Poor’s, a provider of financial services, said Wednesday natural gas distributor Spectra Energy Corp. will replace software maker Parametric Technology Corp. in the benchmark S&P 500 Index.
Parametric Technology will move to the S&P MidCap 400 to replace Pier 1 Imports Inc., a home furnishings retailer which, with a market capitalization [...]
The Oil producer White Nile yesterday said it is to begin drilling a minimum of two exploration wells in Southern Sudan early next year, sending its shares up 3 per cent.
The AIM-listed company, which is chaired by the former England cricketer Phil Edmonds, has been in conflict with Total over its 67,000 sq km flagship [...]
If you want a glimpse of this province’s energy future, drive the winding country roads to its eastern tip, take a left at the sign for the village of Elmira, and follow the red dirt track to the right.
You can’t miss it.
Ten wind turbines stand along the trail, each 26 stories tall, with blades as [...]
General Electric Co. said Wednesday its GE Energy unit agreed to sell its hydro business to privately held Pescarmona Group of Companies.
Financial terms were not disclosed.
The sale includes GE Energy’s worldwide hydro business, excluding hydro operations in Norway and Sweden. GE said it’s considering an offer from Pescarmona Group for those as well.
