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Random News from Mining Top News

Mining company sues state over longwall rules

A mining company sued state environmental regulators, claiming that the business was singled out for unequal regulatory enforcement that cost 500 direct jobs and thousands of indirect jobs in southwestern Pennsylvania.
The Department of Environmental Protection allowed similar mining operations elsewhere in the state, but unfairly forced the closure of the High Quality Mine in Washington [...]

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Cecil County Approves Transfer of Assets to Artesian Water and Wastewater of Maryland

Artesian Resources Corporation furthered its expansion into Maryland on Tuesday, when the Cecil County Board of Commissioners voted to approve a transfer of water and wastewater assets located in growth-corridor franchise areas they awarded to Artesian subsidiaries in August.
The transfer of assets to Artesian Water Maryland and Artesian Wastewater Maryland will include county water systems [...]

Davao Oriental mining causes row among lumads

The multi-billion dollar mining project in Mati City has caused rift not only between the mining companies involved in the project but also among indigenous people living in the area.
Mandaya tribal group chieftain Rufino Mapinogos, said in an interview at his residence in Barangay Macambol, that there are some lumads who oppose the mining project [...]

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Habanero Acquires Two Blocks of Claims in the Yukon

Habanero Resources Inc. announce that it has been notified that 100 quartz claims to date have been registered in Habanero’s name. These specific claims consist of two separate contiguous blocks in Stewart River Area of the Yukon. These claims are in close proximity to the recently announced discovery (May 27, 2009) by Underworld Resources Inc. [...]

Rio Tinto and GE Combine ‘Mine of the Future’ and ‘ecomagination’ Strategic Initiatives

Rio Tinto and General Electric announced that they are working together on two key strategic technology projects, Rio Tinto’s ‘Mine of the Future™’ and GE’s ‘Ecomagination’”, to develop the most energy efficient and ecologically friendly solutions to support the future of mining.
Combining GE’s expertise in environmental technologies with Rio Tinto’s deep mining knowledge creates a [...]

CityView Revising Strategy in Current Market Conditions

CityView Corporation Limited advises that following the recent turmoil in international financial markets, it has reviewed its strategy in Africa.
It had been the intention that Pensador Resources Inc. would fund the very large financing obligations required for the development of the offshore oil permits, together with the lesser financing requirements for the minerals and diamond [...]

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Lateegra Forms Joint Venture on Phosphate Project in East-Central British Columbia

Lateegra Gold Corp. continues to advance its portfolio of phosphate projects with the signing of a Letter of Understanding (“LOI”) to joint-venture its 100% owned Wapiti Property with Pacific Ridge Exploration Ltd. (“Pacific Ridge”). The property, first reported in a news release on June 10, 2008, is located south of Tumbler Ridge in east-central [...]

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Cabot Oil & Gas Corporation Announces Pricing and Upsizing of Public Offering

Cabot Oil & Gas Corporation announced that it has priced a public offering of 4,350,000 shares of its common stock at price to the public of $65.27 per share. The size of the offering represents an increase over the 3,600,000 shares that the Company had previously announced. Proceeds of the offering are expected to [...]

RAK Petroleum PCL announces agreement to acquire Gulf Keystone Petroleum Limited

RAK Petroleum PCL (‘RAK Petroleum’) announced that it has entered into an agreement with Gulf Keystone Petroleum Limited (‘Gulf Keystone’) to acquire all of the issued and to be issued share capital of Gulf Keystone.
The transaction is recommended by the Board of Directors of Gulf Keystone, who have given irrevocable undertakings to vote in favour [...]

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Retail Petroleum Players Set To Compete For Growth

Retail petroleum players are set to compete for growth in their efforts to increase market share in a more challenging environment.
In the pursuit to improve revenue and profit, the players are focused on building customer loyalty at the petrol stations and increasing operational efficiency to reduce cost and optimise uptime.
In concentrating on customer service and [...]

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