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Random News from Mining Top News

India to acquire Uranium deposits from abroad

The UPA government is learned to have initiated a complete review of the availability of uranium to fuel its nuclear power plants, in the wake of the successful culmination of the Indo-US agreement for peaceful use of nuclear power.
India is likely to acquire economically viable uranium deposits abroad to exploit them for peaceful domestic use, [...]

Tag: pictures of oil minning, minning pictures

Gazprom may take indirect stake in Portuguese energy giant Galp

Russian gas monopoly Gazprom may buy a stake in Portugal’s Amorim Energia, the second-biggest shareholder of Galp Energia, Portugal’s leading energy firm, the head of Amorim Energia said in a newspaper interview.
“If we are talking about possibilities, it’s a possibility. But it doesn’t depend on me, it depends on the flexibility of (Angolan state oil [...]

Coal Miners End Strike In Central Kazakhstan

Coal miners in central Kazakhstan have reportedly resumed work after a subsidiary of the world’s leading steel producer, Arcelor Mittal, agreed to raise their wages.
Trade-union leader Vyacheslav Sidorov said today in the coal-mining town of Shakhtinsk that work at all eight coal mines operated by Mittal Steel Temirtau have resumed.
However, he admitted that not all [...]

Melkior Has the Options to Earn 50% of Some Troilus Properties From Beaufield

Melkior Resources Inc. has the option to earn a 50% interest in some Troilus properties in Quebec. Beaufield Resources Inc. has staked additional claims on its 100% owned Troilus base metal and gold properties to cover MEGATEM electromagnetic conductors and regional geochemical anomalies. Beaufield now holds 837 claims or 28740 hectares in the Troilus area [...]

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 [...]

Clean coal project eyes S. Dakota

Frustrating Wyoming energy officials, Basin Electric Power Cooperative announced Friday it will team up with GE Energy and Bechtel Power to consider developing a coal gasification power plant in South Dakota.
North Dakota-based Basin Electric is in the permitting process for its 385-megawatt Dry Fork Station — a traditional pulverized coal power plant to be located [...]

Homeland Energy Group’s Kendal Mine Produces First Coal

Homeland Energy Group Ltd. is pleased to announce first coal production from its Kendal Mine in the Witbank area of South Africa, approximately 50km east of Johannesburg. To date, approximately 8,000 tonnes of coal has been mined from the first of three open pit areas. Processing of the coal through the Company’s Parnaby wash plant [...]

Tag: contacts of mines in mpumalanga, delmas mines career, first coal production, energy works mike nelle, eloff target production homeland

Trelawney Gears Up for Drilling Program High Grade Gold Results Now Traced on Surface for Over 100 Metres

Trelawney Resources Inc. reports that a mechanical stripping program has recently been completed on the Dorset Property. Approximately 2,000 m2 of stripping was conducted in the area southeast of the Dorset Zone. This work was done as follow up to stripping conducted late last year, which was suspended due to early snowfall and freezing conditions. [...]

Australian Dollar Strengthens on Higher Prices of Gold, Nickel

The Australian dollar rose, ending a two-day slide, on speculation the nation’s export earnings will be bolstered by rising prices of metals such as gold and nickel.
The currency climbed to its highest this week after the price of gold, of which Australia is the world’s second-largest producer, gained on claims by North Korea it has [...]

Haycock Petroleum Co. Company Profile

Haywire oil prices can’t stop Haycock Petroleum offering fleet fueling and lubricating services to its customers in the West. The company’s products and services include automated fueling, commercial and industrial lubricants, commercial CardLock fuel locations, fleet fueling management reporting, on site heavy equipment service, propane, spill response service, unleaded, diesel and racing fuel, and wholesale, [...]