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Random News from Mining Top News

Explosion reported at Colorado mine

Authorities were investigating reports Tuesday morning of an explosion at a uranium mine in the foothills west of Denver.
An electrical transformer appeared to be on fire near the mine, but it wasn’t immediately clear if that was the cause of the reported explosion.
The Jefferson County Sheriff’s Department received the report of a possible explosion at [...]

EM Resources Announces Update on Status of Amalgamation With Condor Petroleum Inc.

EM Resources Inc. announces that it has agreed with Condor Petroleum Inc. to extend the amalgamation deadline prescribed in the pre-amalgamation agreement dated July 25, 2008 from December 31, 2008 to April 30, 2010.
On July 25, 2008, EM announced that it entered into a pre-amalgamation agreement with Condor, an arm’s length private Alberta corporation, pursuant [...]

Colin K. Benner Appointed as Chairman of Creston Moly Corp.

Creston Moly Corp. announce the appointment of Mr. Colin K. Benner, P. Eng. as Chairman of the Board of Directors effective immediately.
Mr. Benner is an experienced mining executive with more than 40 years in the mining industry with senior management and executive roles in Canada and internationally. He was most recently Vice Chairman and CEO [...]

Tag: colin k benner, colin mining, opodepe mexico molybdenum, colin benner coal, benner collin

GeoGRAFX GIS Services of Tucson, AZ, Announces the Relocation and Expansion of Their Arizona-Based Headquarters and Production Facilities to Serve the Mining Industry

More than quadrupling GeoGRAFX GIS Services’ office space, the new offices at Oracle Road and Prince Avenue contain on-site training rooms, specially designed to support the complex needs of today’s professionals in mineral exploration and mining. Founder and President Barbara Carroll notes, “Our new offices have been specifically designed to support best practices in GIS [...]

Tag: geografx gis carroll, arizona industry mining

Spanish Iberdrola to invest $8B in US renewable energy

Spanish power company Iberdrola SA said Sunday it plans to invest $8 billion in renewable energy in the U.S. between 2008 and 2010.
The company said in a news release it wants to have a 15 percent share of the wind power market in the U.S. by 2010.
Iberdrola added it had a wind power production capacity [...]

South Sea Petroleum bid to sell 48% of RP unit fails

South Sea Petroleum Holdings Ltd. said its bid to sell 48 percent of unit South Sea Petroleum (Philippines) Corp. will not proceed.
Company secretary Lam Lee Yu said US financial investor RTM Financial Corp. had decided not to proceed with a preliminary agreement to buy a significant stake in South Sea Petroleum (Philippines).
The stake was priced [...]

House panel feels state is spoiler for oil drilling

Florida’s determination to block oil drilling close to its coastline irritates some members of Congress. And this week they weren’t shy about expressing their frustration, with one House member asking how the state can ”dictate to America” where to drill.
Colleen Castille, secretary of Florida’s Department of Environmental Protection, took a drubbing Wednesday from members of [...]

Gold down on cease-fire, silver gains

December gold settled down $5.10 at $639.30 an ounce. During the session the contract dipped to a low of $634.20.
Analysts at TheBullionDesk.com wrote that the cease-fire has kept gold, traditionally seen as a safe haven, under pressure. They noted that violence in
Iraq and nuclear ambitions in
Iran and
North Korea are likely to keep propping up gold [...]

Richardson says energy plan would focus on rural America

Democratic presidential candidate Bill Richardson is laying a plan for a dramatic shift in the way the US uses energy.
The New Mexico governor is proposing to all but end the country’s reliance on oil and reduce greenhouse gas emissions by 80% by 2040.
In a speech in Washington today, Richardson called for a “new American revolution [...]

Coal-fired station pursued

Coal producer Solid Energy is pushing ahead with investigations into a coal-fired power station on the West Coast despite calls for New Zealand to get rid of them.
Parliamentary Commissioner for the Environment Dr Morgan Williams this week said coal and gas-fired stations should be removed. They could be replaced within 35 years by renewable forms [...]