Copper Mountain board makes decision to develop Copper Mountain Project

Copper Mountain Mining Corporation announce that the Company’s Board of Directors have authorized management to proceed with the development of the Copper Mountain Project subject to the Company finalizing its financing arrangements as well as obtaining the required operating permit amendments for the Project. The Company has ordered long lead major equipment items. Site work has progressed well... 

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Hatch Ltd. Honored with Project Management Institute’s 2008 Project of the Year Award

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 PMI® Global Congress 2008-North America in Denver,... 

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KAL Energy Enters Into Amended Royalty Agreement

KAL Energy, Inc., a thermal coal explorer and developer, today announced that it has successfully amended the terms of its royalty agreement with Concord International. Under the terms of the new agreement, the Company will pay royalties as follows: 1. For all coal sales under $40 per metric ton the royalty is reduced from $0.40 per metric ton, indexed annually with inflation, to $0.20 per metric... 

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Gossan Retains Hatch to Provide Engineering Process Support for the Inwood Magnesium Project

Gossan Resources Limited has retained Hatch of Montreal, Canada, to provide engineering process support for the Inwood Magnesium Project The agreement covers a 5-phase work program culminating with the opening of a Certificate of Authorization file with the Manitoba government for construction and environmental approvals for a production facility at Inwood, located in south-central Manitoba. The initial... 

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KAL Energy Inc. Opens Office in Jakarta and Completes Restructuring

KAL Energy, Inc., a thermal coal exploration and development company, announced the opening of its Jakarta office and the completion of its extensive company restructuring. William Bloking, executive chairman and president of KAL Energy, Inc. said, “I am pleased to report that, in line with last quarter’s announcement, the move to Jakarta was completed on time and on budget. We believe... 

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Utah Senators Want Oil Shale Development

Utah’s Republican senators say Congress is set to extend a moratorium on commercial oil-shale development on federal land for another year. Sens. Orrin Hatch and Bob Bennett want to let the moratorium expire at the end of September and let companies develop shale as an alternative fuel. Hatch and Bennett said deposits in Colorado, Utah and Wyoming hold the potential to lead the country to energy... 

KAL Energy, Inc. — Exploration Program Surpasses 3000m of Drilling Milestone, Hits Weekly Productivity Record

KAL Energy, Inc is pleased to announce that over 3000m of drilling has been completed of its previously announced $2 million Phase 1 Exploration program on its Thermal Coal Project in East Kalimantan, Indonesia. This program includes extensive drilling, trenching, sampling and mapping of known geological structures, and exploration for unknown structures. Over the past week KAL’s exploration... 

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Indian tribe defends “hill god” from foreign miner

Their thick, ancient forests shelter leopards, elephants and even the odd tiger, their slopes are home to an isolated tribe, but the “curse” of eastern India’s Niyamgiri hills lies beneath the soil. Massive deposits of bauxite have brought Britain’s Vedanta Resources to this remote corner of the state of Orissa, where they have already built a $900 million alumina refinery. Just... 

Midwest Has ‘Coal Rush,’ Seeing No Alternative

COUNCIL BLUFFS, Iowa – From the top of a new coal-fired power plant with its 550-foot exhaust stack poking up from the flat western Iowa landscape, MidAmerican Energy Holdings chief executive David L. Sokol peered down at a train looping around a sizable mound of coal. At this bend in the Missouri River, with Omaha visible in the distance, the new MidAmerican plant is the leading edge of what... 

‘K’ Line Announces Delivery of ‘Corona’ Series Coal Carrier ‘Corona Lions’

Kawasaki Kisen Kaisha, Ltd. , is pleased to announce the launching of the “Corona Lions,” a new 85,600 DWT-type coal carrier at Oshima Shipbuilding Co., Ltd., Japan, on 22 Jan, 2007. The Corona series, which “K” Line originated and continues to develop, consists of epoch-making coal carriers equipped with wide beam and shallow draft, which is the most suitable type to enter...