Indonesian lawmakers pass new mining law

Indonesian lawmakers passed a new mining law Tuesday that will give the mineral-rich nation greater control over its resources, though analysts warn it could deter investment by multinational corporations. Indonesia has some of the most abundant reserves of coal, copper, gold, tin and nickel and in the world has lured mining giants like Newmont Mining Corporation, Freeport-McMoran Copper & Gold... 

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Russell Industries Becomes National Algae Association Member

Russell Industries, Inc. announces that, in order to complement its uranium-based long-term alternative energy efforts with a shorter-term, totally renewable alternative fuel source, it has become a member of The National Algae Association. The National Algae Association has appointed Rick Berman, President and CEO of Russell Industries, as a member of its Advisory Board and Political Action Committee.... 

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Capella Announces Results on Labrador Copper-Nickel-Cobalt Exploration

CAPELLA RESOURCES LTD. announce assay results from the 2008 sampling program on its Labrador Base Metals Initiative. The company is actively exploring for nickel, copper, cobalt and other metals in central Labrador. Labrador is largely underexplored and hosts several new nickel and base metal discoveries, including Voisey’s Bay nickel-copper-cobalt deposit. The Property was flown by a wide-ranging... 

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MATECH Corp. Completes Inspection for Union Pacific Railroad

MATECH Corp. announced that it has completed an inspection on one Union Pacific Railroad (UP) Bridge in Nebraska using its Electrochemical Fatigue Sensor (EFS) System. The EFS technology provides information about growing cracks in structural members in a single inspection. It can also be used to verify retrofit effectiveness at the time of retrofit, without using the “wait and see” method... 

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E-MetaVenture Joins Franklin Mining on GTL Project

Franklin Mining, Inc. Chairman and CEO William A. Petty is pleased to announce that E-MetaVenture, Inc. has joined Franklin in the capacity of advisor on technical and commercial matters as related to GTL, CTL, and other related gas processing technologies. “E-MetaVenture, Inc, Houston, Texas provides independent consulting, design, and training services to the refining, gas processing and allied... 

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Colin K. Benner Appointed as Chairman of Creston Moly Corp.

Creston Moly Corp. announce the appointment of Mr. Colin K. Benner, P. Eng. as Chairman of the Board of Directors effective immediately. Mr. Benner is an experienced mining executive with more than 40 years in the mining industry with senior management and executive roles in Canada and internationally. He was most recently Vice Chairman and CEO of Skye Resources and previously Vice Chairman and CEO... 

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Aultra Gold Announces Merger Actions

Aultra Gold Inc. announced that it has entered into a Memorandum of Understanding to merge with Dutch Gold Resources, Inc., a gold producer with a mine in Oregon. Said Rauno Perttu, President of Aultra Gold, “We are excited with this merger, which will join us with the Dutch mining team and their Oregon mine and mill. We are particularly excited that the merger will provide the new Company with... 

Mechel Announces Appointment of New Managing Director at its Trade Port Posiet OAO Subsidiary

Mechel OAO, one of the leading Russian mining and metals companies, announces the appointment of Igor I. Prischepov as a Managing Director at its Trade Port Posiet OAO subsidiary. Previously, Mr. Prischepov (50) was Chief Engineer of Mechel’s Trade Port Posiet OAO subsidiary from June to September 2008. From 1982 to 2008, Mr. Prischepov held various positions at the Murmansk Sea Port, elevating... 

Massey Energy’s Superior Surface Mine Wins National Competition Sponsored by U.S. Office of Surface Mining Reclamation and Enforcement

Massey Energy’s Superior Surface Mine was given a National Award for Excellence in Surface Mining by the U.S. Office of Surface Mining Reclamation and Enforcement (OSM) at the MINExpo 2008 sponsored by the National Mining Association in Las Vegas, NV. Located in Logan County, WV, Superior was given one of four national awards for excellence in surface mining in OSM’s annual competition. In... 

3 W.Va. sites receive coal mining reclamation awards

Eight coal mine operations in five states, including three from West Virginia, gained top honors in the annual competition overseen by the U.S. Office of Surface Mining Reclamation and Enforcement. “These awards recognize the highest achievements in innovative techniques, reforestation, preparing mined land for long-term agricultural use and building enduring community infrastructure,” said Brent...