Green Energy Resources looks to purchase a fully operational New England wood pellet mill. Terms of the purchase were not disclosed and are subject to financing. The mill has capacity to produce upwards of 10,000 tons monthly and could generate approximately $24 million dollars annually in gross revenues for the company. Green Energy Resources is a supplier of the mill with wood biomass. The pellet...
India Globalization Capital, Inc. a leading infrastructure and materials company competing in the rapidly growing infrastructure industry in India, today commented on India’s new Congress Party, the stimulus packages approved and their effect on infrastructure growth. Modernizing infrastructure in India is crucial to keeping India’s economy in the fast lane with China. The recent victory...
Gov. Mark Sanford and Thomas Sax, CEO of American Titanium Works (ATW), announced that ATW will build a world-class titanium mini-mill facility in Laurens County, South Carolina. American Titanium Works LLC, headquartered in Chicago, Illinois, will invest an estimated $422 million and plans to employ 320 people at its new facility in Laurens County. Under one roof, uniquely efficient manufacturing...
Standards developed by the members of the Open Geospatial Consortium, Inc. (OGC) play a key role in OneGeology, a global project to produce the first digital geological map of the world. OneGeology, launched in August, 2008 at the 33rd International Geological Congress in Oslo, Norway, is now supported by 94 nations and seven international umbrella bodies. It is the flagship project for the UN International...
Hatch Ltd. has been awarded the Project Management Institute (PMI) Project of the Year Award for its expansion of Quebec Iron and Titanium’s (QIT) Upgraded Slag (UGS) plant in Sorel-Tracy, Quebec, Canada. Hatch’s project was selected from a host of successfully completed projects from around the world. This award, presented on 18 October at PMIĀ® Global Congress 2008-North America in Denver,...
A fresh mining lease in the south Goan region of Quepem has led to a resurgence in anti-mining protests, even as police arrested seven people after villagers and activists came out on the streets and blocked the passage of trucks carrying iron ore, officials said Sunday. Those arrested include Seby Rodrigues, a civil rights researcher, and an 85-year-old woman, on charges of rioting. Inspector General...
The MENA Mining Congress 2008 is the only mining industry conference for MENA’s growing mining community. A CEO level event that debates, discusses and strategises the future of MENA’s mining industry. With huge known mineral reserves, many Middle East and Northern African nations are rapidly expanding their mining operations, offering great opportunities for existing players, new market...
As America’s top financial officials updated Congress on their proposed $700 billion plan to rescue the stressed financial markets, oil prices stabilized, for now, towards the $100 a barrel mark today after rising rapidly on Monday. Emerging market experts, tracking the fluctuating prices, were generally optimistic on the long-term stability of energy-heavy economies such as Russia, Bolivia,...
Arctic Oil & Gas Corp. (351 million shares issued), a petroleum exploration company, is pleased to announce that the Company and partners have proposed $2.50 gasoline, 30% discounted natural gas and hundreds of millions of dollars in royalties to Santa Barbara County from a proposed, (40% AOAG equity) Santa Barbara OCS-State petroleum lease development project, on known oil accumulations containing...
Samson Oil & Gas Limited announced today that drilling operations have been completed at the Davis Bintliff #1 well. Casing and cementing operations were completed and the drilling rig was demobilized on the 5th of September. A completion rig will be used to perforate the casing and run the necessary completion tubing and packer. This operation is expected to commence on September 18th and will...