Arabian American Development Announces Update on Impact of Hurricane Ike

September 19, 2008 Filed Under: Copper Mining, Oil and Gas, Precious Metal, Zinc Mining  

Arabian American Development Co. provided an update on the effects of Hurricane Ike to its operations. The Company announced that it had sustained no material damage from the hurricane winds or flooding, power has been restored and it has restarted the manufacturing process effective September 17, 2008 at its South Hampton Resource facility. South Hampton Resources, which owns and operates a specialty... 

Mineral exploration may mean lower property taxes in Hardin County

August 31, 2006 Filed Under: Mining Services  

Most Hardin County homeowners could pay less in property taxes this coming year, thanks to increased mineral exploration offsetting the timber value loss due to Hurricane Rita, County Judge Billy Caraway said. In Sour Lake, for example, property owners could see their tax bill drop by as much as $160 on a $100,000 home. Their counterparts in Lumberton could see theirs decrease $122. In Silsbee, home...