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Random News from Mining Top News

United Ethanol plant ready to stay the course

November 5th, 2006

MILTON-The president of United Ethanol doesn’t put much credence in projections of doom and gloom for the ethanol industry.
David Cramer is confident that ethanol is here to stay.
While United Ethanol’s $60 million plant nears completion in Milton’s Eastside Industrial Park, a story in the Chicago Tribune questions the future of ethanol and the livelihood [...]

US Regulators Tightening Energy Trades

June 18th, 2008

Federal regulators will place stricter limits on foreign exchanges that trade U.S. oil.
The Commodity Futures Trading Commission will require the London-based ICE Futures Europe exchange to adopt position limits used in the U.S. for trading West Texas Intermediary crude contracts.
Foreign officials also will share daily trading data with U.S. authorities and report violations when they [...]

Buildings used for energy conservation demonstration

June 18th, 2006

A northern New York community will become the first New York demonstration site for a new energy conservation project.
The town of Franklin joins six communities in four states as members of the Green Community Technologies learning project.
The Franklin Facilities Development Project will be used to evaluate the town’s buildings concerning energy conservation, in light of [...]

Mechel Announces Opening of Credit Facilities in the Amount of US$1 Billion by Gazprombank

February 10th, 2009

Mechel OAO, one of the leading Russian mining and metals companies, announced that its subsidiaries have been provided with lines of credit totaling US$1 billion from Gazprombank OAO.
Gazprombank Open Joint-Stock Company has opened credit lines totaling US$1 billion for Mechel’s subsidiaries. Credit facilities provided will be used mainly for short-term debt repayment.
The credit facilities provided [...]

Fossil, Gem and Mineral Show returns to Prairie State

October 22nd, 2006

An eye-popping collection of jewelry, crystals and fluorescent stones will be on display and for sale at Prairie State College’s annual Fossil, Gem and Mineral Show this weekend.
The free family event is hosted by PSC’s Department of Natural Sciences and the South Suburban Earth Science Club. It also includes special children’s activities and peering at [...]

US EPA Grants Biofriendly New Product Registration

November 3rd, 2008

Biofriendly Corporation announced today that the U.S. Environmental Protection Agency (EPA) approved new product registrations for its Green PlusĀ® liquid combustion catalyst after an exhaustive two year review. Green Plus is a breakthrough technology that improves fuel combustion, thus reducing harmful emissions and improving fuel efficiency.
Biofriendly Chairman and Chief Executive Officer Robert W. Carroll acknowledged [...]

Royale Energy Establishes Natural Gas Production in the Dakota Formation at Its Field in Utah

August 27th, 2008

Royale Energy Inc, has successfully fraced and tested a new producing horizon in its Moon Canyon #2 well in the Uintah Basin, Utah.
The new zone is a Dakota B sand that flowed dry natural gas at rates up to 2,000,000 cubic ft. per day from this interval. The well will be hooked up to the [...]

Roxmark reports encouraging results from drilling on gold veins at Nortoba-Tyson molybdenum/gold property

September 30th, 2008

Roxmark Mines Limited announced that its second surface diamond drilling program for the year has been completed on gold veins at its Nortoba-Tyson moly-gold property, encountering gold mineralization in every hole drilled along the strike length.
A total of 1,358 metres was drilled to delineate the gold mineralization of Veins No.1, 1A and 2. Following the [...]

Copper Rises for Second Day on Concern Chilean Output May Drop

January 10th, 2007

Copper prices rose in New York for the second-straight day on concern output by Chile’s state-owned Codelco, the world’s biggest producer, may be disrupted.
Codelco said yesterday a rockslide may occur at the Chuquicamata mine, the company’s largest. A cave-in there last year cut output. Copper prices reached a record $4.04 a pound in May after [...]

Prize Petroleum Eyes IPO Route

January 18th, 2007

Prize Petroleum Company Ltd, which was in the process of inducting a private equity firm as a partner, is now examining the prospects of coming out with an initial public offering, the Chief Executive Officer, M.N. Prasad, said.
As the process of induction of equity partner has got delayed and certain issues to be sorted out, [...]