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Random News from Mining Top News

Coal mine planned near Bryce Canyon

The federal Bureau of Land Management is about to begin an environmental impact study on a proposed surface coal mine just south of the Kane County town of Alton but also fairly close to Bryce Canyon National Park.
That location is likely to spark a “jobs vs. environmental protection” debate as the [...]

Tag: allen childs huntington ut, alton coal project cedar city, alton coal div, strip mine in kanab ut, alton coal utah bryce

Labrador Nickel Exploration Update

Celtic Minerals Ltd., confirms that diamond drilling continues on the Kingurutik River claim block in the Voisey’s Bay nickel district, northern Labrador. Drilling will concentrate on the Kingurutik River block before shifting to the Black Duck project later this summer.
Celtic’s initial focus is to locate the source of fairly numerous, high grade nickel, platinum, and [...]

Tag: labrador nickel, mining method of nickel

India: Jindal Drilling considers scheme of amalgamation, arrangement

Jindal Drilling and Industries Ltd today said it has considered the scheme of amalgamation of Discovery Hydrocarbons Pvt Ltd and Newsco Newtech Pvt Ltd with itself.
The board of directors at its meeting held today also took on record the scheme of arrangement (demerger) between Haryana Engineering Ltd (name changed to Haryana Capfin Ltd) and itself, [...]

Tag: haryana capfin

Cyclone forms off Australia, oil drillers on watch

A powerful category-three cyclone has formed off the northwest coast of Australia and is likely to move south or southeast, potentially threatening production at some offshore oil fields.
Australia’s Bureau of Meteorology said on Wednesday that tropical Cyclone Pancho was located 1,208 km (750 miles) west of the Exmouth region at 4 p.m. local time and [...]

Lehman Raises Oil Services Price Targets

A Lehman Brothers analyst raised his price targets on 37 companies in the oil services and drilling sector, seeing a strong recovery in 2008 and 2009 for North American natural gas drilling along with significant international growth over the next few years.
Analyst James Crandell’s top picks in the sector are Weatherford International Ltd., Halliburton Co., [...]

China Armco Metals Strong Speculative Buy In Initiating Coverage By Dutton Associates

Dutton Associates initiates coverage of China Armco Metals with a Strong Speculative Buy rating and a price target of $6.48. The 22-page report by Dutton senior analyst Stanley Ng is available at www.duttonassociates.com as well as from First Call, Bloomberg, Capital IQ, FactSet, Reuters, and other leading financial portals.
China Armco is principally engaged in [...]

DAR, CARP beneficiaries to play vital role in ethanol program

THE Department of Agrarian Reform (DAR) and the Comprehensive Agrarian Reform Program (Carp) beneficiaries will play a vital role on ethanol production, said Aurelio “Lito” Lacson of the B.M. SB Integrated Biofuels Company in Negros.
Lacson said DAR should be instrumental in organizing CARP beneficiaries to form a cooperative that will serve as one of the [...]

A2D Technologies Company Profile

A2D Technologies provides digital well log data, interpretive software, and data management services. Through subscribing to A2D’s LOG-LINE system, geoscientists access and download well log data from their workstations. A2D customers use its well log data to calibrate seismic data to known geologic conditions in well bores. A2D was founded in 1993 by Dave Kotowych [...]

Franklin Expands Scope of Assay Analysis at Escala

Franklin Mining, Inc. Vice President of Operations for International Mining, Howard Dunn, P.E., has advised the Franklin Board of Directors that based on the excellent results of the Escala Mine’s tier II sampling results, additional samples to extend the potential mineralized area and confirm earlier tests have been prepared and submitted for precious metal evaluation. [...]

Triangle Petroleum Commences Third Vertical Exploration Well

Triangle Petroleum Corporation today reported the following update on its Maritimes Basin shale gas exploration program.
Windsor Block (516,000 gross acres) in Nova Scotia
The Company’s second vertical exploration well of 2008, O-61-C, finished drilling and was cased near the town of Walton, Nova Scotia. This well is located approximately 14 miles (22 kilometers) west of the [...]

Tag: horton bluff shale, zodiac exploration corp, triangle usa exploration, maritimes basin shale gas, triangle petroleum