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Random News from Mining Top News

JPMorgan Buying Carbon Offset Company

March 27th, 2008

JPMorgan Chase & Co. will buy ClimateCare, a privately held carbon offset company.
Terms of the deal were not disclosed. ClimateCare will be integrated into JPMorgan’s environmental markets group.
The combined entity will create carbon emission reduction projects worldwide and trade carbon emission reduction credits generated by the projects.

Anglo Swiss Resources’ Kenville Gold Mine Underground Rehabilitation Completion

October 9th, 2008

Anglo Swiss Resources Inc. announces that the Company has completed the rehabilitation of the main mine haulage system at its 100% owned Kenville Gold Mine property near Nelson, B.C. This major historical production level, known as the 257 Level, is the lower of two levels and is now entirely operational with the extensive main drifts [...]

Rockefellers Say Exxon Mobil Fighting the Wrong War

May 3rd, 2008

Members of the Rockefeller family, descended from the founder of what is now Exxon Mobil Corp., want the oil giant to split the roles of chairman and CEO and to put more focus on renewable energy.
The family members, who describe themselves as the company’s longest continuous shareholders, say they are concerned that the Irving, Texas-based [...]

CONSOL Energy Declares Regular Quarterly Dividend of $0.10 per Share

October 24th, 2008

CONSOL Energy Inc.’s Board of Directors declared a regular quarterly dividend of $0.10 per share, payable on November 21, 2008, to shareholders of record on November 5, 2008.
CONSOL Energy Inc., a high-Btu bituminous coal and coal bed methane company, is a member of the Standard & Poor’s 500 Equity Index and has annual revenues of [...]

Argentine province halts mining on pollution fears

December 15th, 2006

Lawmakers in an Argentine province famous for its wine and ski resorts have suspended all open-pit mining due to strong environmental opposition, deputies and industry sources said on Thursday.
The western province of Mendoza is synonymous with Malbec vines grown in the plains below the Andes, but rising metal prices have generated increased interest in its [...]

Serica Energy awarded UK licences

November 17th, 2008

Serica Energy plc announces that it has been offered three UK exploration licences in the UK 25th Seaward Licensing Round and provides an operational update.
In the UK 25th Round Serica was offered awards of licences covering interests in Block 15/21e (split) in the Central North Sea, Block 48/16a (part) in the Southern North Sea and [...]

Chinese firms buy controlling stake in NKorea copper mine: report

December 26th, 2006

Chinese firms have bought a controlling stake in one of North Korea’s largest copper mines, Chinese and South Korean media have reported.
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Luanhe Industrial Group, based in north China’s Hebei province, last month signed a deal in Pyongyang giving it a 51-percent share in Hyesan Youth Cooper Mine, the state-controlled Tangshan Labor Daily said in a [...]

Simu-Gas(TM) ELDS Technology Eliminates Need for Field Testing of SenseLine Gas Detectors

July 29th, 2008

Senscient’s newly introduced SenseLine ELDS Series of Open Path Gas Detectors (OPGDs) will feature Simu-Gas(TM), a patented technology that eliminates the requirement for in-field gas testing of SenseLine(TM) ELDS gas detectors. Simu-Gas provides the long sought-after ability to accomplish remote, on command, functional testing of open path gas detectors from a remote PLC safety control [...]

Lafayette to resume mining in Rapu Rapu

December 1st, 2006

LAFAYETTE Philippines Inc., considered an environmental test case amid resurgent foreign investor interest in Philippine mining, is expected to resume commercial operation of its Rapu Rapu poly-metal mine this month, having so far passed environmental standards set by the Department of Environment and Natural Resources, an official said.
An independent team of experts led by Dr. [...]

Provisional Attachment Relating to Boliden Apirsa

October 22nd, 2008

The Svea Court of Appeal has declared that the previous decision, made by the local Commercial Court in Seville, regarding provisional attachment to a value of EUR 141 million on assets belonging to Boliden, is enforceable in Sweden. The enforcement can only take place if the other party first provides Boliden with a security to [...]