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Random News from Mining Top News

BHP ready to boost uranium

BHP Billiton is ready and willing to cash in on booming uranium prices by gearing up its Olympic Dam operation in South Australia to meet the surge in demand from China and India.
Speaking at the London-leg of the annual meetings last night, chairman Don Argus said that Olympic Dam ”” the world’s biggest known uranium [...]

Fueling future with biodiesel

Alternative fuels are all the rage in Alabama these days, but not all such fuels are created equal.
Biodiesel production is still in its technological infancy, but area experts believe it holds considerable potential as a supplement to petroleum diesel and as a revenue generator for area farms.
Southeast BioEnergy LLC announced last week its plan to [...]

Tag: kilgore biodiesel plant

Philippine Gold-Rush Town Braces for Battle Over Mining Rights

Franco Tito has fought small-scale gold diggers like himself for 20 years to keep control of a 100- meter mountain tunnel in the southern Philippines. Now he’s girding for battle against the world’s biggest mining companies.
“You can’t expect miners like us to give up to overseas investors our only source of livelihood,” said Tito, 49, [...]

Sterling Resources Ltd. to increase interest in the Craiova concession, onshore Romania

Sterling Resources Ltd. report that it has reached agreement to acquire an additional 40% working interest in the large (1,500,000 acre) South Craiova Block E III-7 located onshore Romania.
The agreement, which is subject to the completion of formal documentation and approval by the National Agency for Mineral Resources, is effective from July 1, 2008 [...]

Tag: midia resources srl, midia resources

New coal mines planned for Bowen Basin

Macarthur Coal says it is planning three new coal mines in the Bowen Basin, in central Queensland.
The managing director, Ken Talbot, says the company will make a decision on whether to develop the Olive Downs mine near Copabella next year.
Mr Talbot says a new underground mine is planned for Moorvale, to extend the life of [...]

Tag: bowen basin coal mines, list the new coal mines opening in the bowen basin, three new mines bowen basin

Ritchie Bros. Orlando site hosts Company’s largest three-day U.S. auction

Ritchie Bros. Auctioneers conducted the largest three-day U.S. auction in Company history last week, selling almost US$75 million of heavy equipment and trucks during an unreserved public auction at its permanent auction site in Orlando, Florida. The auction attracted more than 2,300 on-site and online bidders from 57 countries, including 49 U.S. states. Bidders from [...]

Tag: richie auctions, 3 day auctions in florida, ritchie bros auction orlando fl, richie smith auction heavy machinery, richie brothers auctions maryland

PLN Indonesia to cut oil-based fuel use 19% in 2007

PT Perusahaan Listrik Negara, Indonesia’s state power utility, plans to cut the use of oil-based fuel by 19 percent next year, replacing it with coal and gas to reduce costs.
PLN may burn 7.49 million kiloliters of oil products in 2007 compared with 9.2 million kiloliters this year, Djuanda Nugraha Ibrahim, acting president director of PLN, [...]

Tag: pln indonesia

Vangold Resources Ltd. Receives Update From International Beryllium Corporation

International Beryllium Corporation announce that it has signed a letter of intent dated February 4, 2009 to acquire, through its subsidiary IBC US Holdings, Inc., all of the shares of a master and specialty alloy manufacturer and processing company. The proposed transaction is a non-arm’s length transaction as Denis Brady, a shareholder of the Target, [...]

Tag: value chain of metal and mining industry in india

Baja Achieves Key Milestone in Development of Manganese Metal Production at Boleo

Baja Mining Corp. announces that a key milestone has been achieved towards manganese metal production at its Boleo project in Baja, Mexico.
Staff at the University of British Columbia’s Hydrometallurgy Research Laboratory have successfully demonstrated that manganese metal can be manufactured from Boleo manganese carbonate using conventional hydrometallurgical processing steps. A sample of manganese carbonate produced [...]

Tag: manganese dnpm, mines money awards 2009 results, cobalt metal november 2009, development bank sa cobalt project, service tax royalty paid on mining

Trial in coal contract dispute to begin

Opening arguments are expected today in a lawsuit that pits a steel maker against West Virginia’s largest coal company.
Wheeling-Pittsburgh Steel Corporation is suing a subsidiary of Richmond, Virginia-based Massey Energy for failure to deliver coal to the steel producer’s coking operation in Follansbee.
Wheeling-Pitt sued Central West Virginia Energy Company in April 2005 claiming the company [...]