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Random News from Mining Top News

Driving leading cause of death in oil industry

The leading cause of death in the oil and gas industry isn’t drilling or excavating incidents — it’s driving.
”Many people are stunned and shocked to learn this,” said Murray Sunstrum, vice president of safety at Enform, the petroleum industry’s training sector for safety practices.
According to the Western Worker’s Compensation Board (WCB), 163 oil and gas [...]

Coal Demand in India to Grow at a CAGR of 7.58% in the Next Two Years

Research and Markets has announced the addition of the “Indian Coal Industry” report to their offering.
India is the third-largest producer and consumer of coal in the world. With proven reserves of 257.38 billion (Bn) tonnes, coal is one of the most abundant sources of energy in the country. In 2007, coal accounted for 51 percent [...]

Tag: india rail map coal, cement demand cagr demand, global coal mining industries cagr, coal supply and demand in india, coal demand supply in india

CYRR: Enters Negotiations for Coal-Bed Methane Gas Wells

Canary Resources Inc. (CYRR) announced that it has entered into negotiations with a private investment group to drill 10 to 15 coal-bed methane gas wells on its wholly owned leases in Kansas and Missouri on a joint venture basis. If negotiations are successful, Canary will be able to step up development in the Eastern Forest [...]

19th century mining law, budget crunch hit home

When congressional staffers take a tour of Arches National Park, their agenda always includes a nondescript piece of desert over by Balanced Rock.
“They all want to see where Ed Abbey lived,” said park Superintendent Laura Joss, standing beside her government-issue Chevy Malibu.
Pointing out Abbey’s old trailer site framed pastorally beneath the La Sal Mountains and [...]

East Delta Subsidiary Completes Its Chinese Facility for Producing Nickel-Copper Aggregate

East Delta Resources Corp. announced today that its majority owned subsidiary, Sino-Canadian Metals Inc. has completed construction of a metals processing plant that produces a nickel-copper aggregate from ore supplied by local mines.
The facility, owned by Sino-Canadian through its Joint Venture in China, is located in Qinghai Province and has been in development for over [...]

Intermountain Gas Company Acquisition Completed; Company Joins MDU Resources Group

MDU Resources Group, Inc. announced that its acquisition of Intermountain Gas Company, a wholly-owned subsidiary of privately held Intermountain Industries, Inc., has been finalized. The enterprise value of the transaction, including indebtedness, is approximately $328 million.
Intermountain Gas, headquartered in Boise, Idaho, serves more than 300,000 customers in 74 communities in Idaho, including the Boise metropolitan [...]

Tag: mdu intermountain, mdu resources group and intermountain gas co, mdu boise location, intermountain gas co boise id montana, mdu acquires

Great Northern Oilsands Inc., Announces Drilling Program Update for Rich/Rumsey D3 Reef Well in Alberta, Canada

Great Northern Oilsands Inc. – has been informed by the operator that the 10 day drilling program of the prolific D3 Reef Test Well in the Rich/Rumsey Area of Central Alberta, has been delayed. The spud date for the well has been delayed due to bad weather conditions in the area. Great Northern [...]

Melkior Acquires Uranium Property Near Bancroft

Melkior Resources Inc. has acquired by staking 20 claims covering 400 hectares in the Bancroft district of Ontario at a cost of approximately $4,000. The claims cover a series of uranium occurrences known as the Henderson uranium occurrences.
Historically these are described in Ontario Geological Survey Circular 23. Five radioactive dikes were studied by Henderson Uranium [...]

UBS Boosts Natural Gas and Coal Price Forecasts

UBS Investment Research raised its forecast for the price of natural gas to $9 per 1,000 cubic feet from $7.25 per 1,000 cubic feet.
“We believe improved domestic natural gas demand trends, soaring coal prices and likely increases in the cost of electricity generation, and increased competition for LNG (liquefied natural gas) from the Asian Pacific [...]

LDH Energy Purchases West Virginia Coal Dock

Louis Dreyfus Highbridge Energy LLC (LDH Energy), announced today that one of its operating subsidiaries, LDH Energy Cyrus River Terminal LLC, has purchased the Big Sandy River Dock – a coal facility in Kenova, West Virginia – from Kanawha River Terminals LLC.
“This facility will provide LDH Energy with a merchant platform to connect coal consumers [...]