Jinchuan Purports to Terminate Purchase of Tiomin Kenya

Tiomin Resources Inc. reports that Jinchuan Group Limited (‘Jinchuan’) of China, purports to have terminated the Investment Agreement to purchase 70% of Tiomin Kenya Limited (‘TKL’) and the Kwale project. Tiomin seeks clarification from Jinchuan concerning its notice of intent to terminate the transaction, which was scheduled to close on October 29, 2009. Bob Jackson, CEO, said... 

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Opp Mine opponents voice their concerns

Opponents of the Opp Mine painted a picture of environmental pollution, property destruction and community demise for Jackson County commissioners on Wednesday. More than 75 people attended the three-hour public hearing. Dozens testified against a requested zoning change that would allow the property owners to initiate a large strip-mining operation near a residential neighborhood about a mile from... 

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Opp Mine zone change faces public hearing

The fate of the Opp Mine in Jacksonville will be debated at a public hearing before Jackson County commissioners Wednesday. Owner Frank Hardin and partner Medford attorney Bob Robertson are seeking a zone change from woodland resource to aggregate resource. The change would allow them to restart operations at the old mine and pull between 1.4 million and 1.6 million cubic yards of aggregate from a... 

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Menendez: Make oil drilling ban permanent

The Jersey Shore needs to be protected from the risk of oil spills by a permanent ban on drilling in the Atlantic Ocean, Sen. Bob Menendez said Thursday. Menendez introduced a bill that would impose the ban after New Jersey’s environmental commissioner told a Senate committee that “development for oil and gas off our coast has the potential to threaten the economy of our entire state and... 

EAST TEXAS DRILLING REPORT, OCTOBER 1

Panola County # The Reed Estate Gas Unit Well No. 6 will be drilled by Chesapeake Operating in the Carthage (Cotton Valley) Field 1.4 miles northwest of Clayton in the MA Romero Survey, A-1. The well will bottom at 12,000 feet and may also be drilled in a wildcat field. # Enduring Resources will drill the Allison-Cassity Well No. 1 in the Carthage (Barbara) Field 0.9 miles northwest of Long Branch... 

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US Senator Sees July Vote On Oil, Gas Drilling Bill

U.S. Sen. Pete Domenici, a key lawmaker on energy issues, said the Senate is likely to follow the lead of the House of Representatives and pass legislation this month to allow more drilling for oil and natural gas in federal waters. “I remain optimistic … that we can pass a bill in the Senate in July,” the New Mexico Republican said in a recent statement. Despite protests from environmentalists,...