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Random News from Mining Top News

Rising commodity prices, design changes boost cost of coal plant

Lamar Light and Power Superintendent Rick Rigel has been called upon to answer some tough questions about project costs for the coal repowering project in recent weeks. Although ARPA (Arkansas River Power Authority) is financing the project and actually owns the new facility, since Lamar Light and Power will be a major consumer of the [...]

Architectural award for Alcan Composites in Singen

Alcan Composites, part of Alcan Engineered Products – a business unit of Rio Tinto Alcan – received the 2008 BEX Award in the Best Use of Architectural or Structural Design category, using ALUCOBOND® for the modernization of a housing scheme in the Scharnhorst district of Dortmund, Germany.
“It is an honour to receive this significant award,” [...]

Addax Petroleum announces acquisition in Kurdistan region of Iraq

Addax Petroleum Corporation announces that it has acquired a 33.33 per cent interest in the Sangaw North Production Sharing Contract. The Sangaw North license area is operated by Sterling Energy plc and is located approximately 80 kilometers southeast of the Corporation’s Taq Taq field.
Commenting today, Addax Petroleum’s President and Chief Executive Officer, Jean Claude Gandur, [...]

Tag: kurdistan mining, kurdistan copper mining, sangaw north oil field

Normabec Mining Resources Ltd.: Auger Drilling Completed on the Tailings and Diamond Drilling

Normabec Mining Resources Ltd., through its wholly owned Mexican subsidiary Minera Real Bonanza S.A. de C.V., announces that it has completed its auger drilling program on three tailing piles located on the Real de Catorce property, San Louis Potosi, Mexico. The company is also preparing to undertake a 6,000 meter underground diamond drilling program on [...]

Mindoro Reports Further Drill Results From Agata Nickel Laterite Project

Mindoro Resources Ltd. report results for a further 23 drill holes from the Phase 2 drill program on the Agata North Nickel Laterite Project, Philippines. For the 18 drill holes that are within the area of mineralization, the limonite horizon averages 1.09 percent nickel, 0.12 percent cobalt and 44.55 percent iron over an average thickness [...]

Buchans River completes plan of arrangement with Royal Roads

Buchans River Ltd. are pleased to announce that the Plan of Arrangement between Buchans River and Royal Roads was completed today. The Arrangement was overwhelmingly approved by Buchans River shareholders at a special meeting held on July 23, 2008, and was approved by the Supreme Court of Nova Scotia on July 24, 2008.
It is [...]

Mineralogy announces market purchases of Waratah Coal Inc. common shares

Mineralogy Canada Acquisition Corp., a direct wholly-owned subsidiary of Mineralogy Pty Ltd., announces that on December 18, 2008 it acquired from Mineralogy 10,754,500 common shares of Waratah Coal Inc., representing approximately 17.5% of the issued and outstanding Waratah common shares, on a fully-diluted basis. Under the terms of a share exchange agreement between the parties [...]

Tri-Star Holdings, Inc. Announces Company Has Completed Negotiations With Azrock Mining of Arizona

TRI-STAR HOLDINGS, INC., a publicly traded company currently on the Over the Counter, announced the Company has completed negotiations with Azrock Mining of Arizona to establish operations at the company’s gold mine claims COS 1 and COS 2 in Salome, Arizona. Azrock is now scheduled to begin operations Thursday, October 16 on COS #1. Larry [...]

Tag: larry nunley az, azrocks holdings, azrockholdings, tri star mining, az rock mining arizona

Copper Gains on London Metal Exchange, Reversing Earlier Drop

Copper gained on the London Metal Exchange, reversing an earlier decline.
Copper for delivery in three months on the LME rose $14, or 0.3 percent, to $5,625 a metric ton as of 1:30 p.m. local time. Earlier, the contract fell as much as 3.2 percent to $5,430 a ton, the lowest intraday price since April 3.

Duke Energy to buy SunEdison’s solar power

Duke Energy Corp. said Wednesday it plans to buy all the power generated at a massive solar power plant to be built north of Charlotte.
The Charlotte-based utility is expected to purchase more than 16 megawatts of power from SunEdison LLC, a Maryland company that is one of the nation’s leading providers of solar-produced energy. The [...]

Tag: duke energy to buy out