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Random News from Mining Top News

Belvedere extends temporary dismissal notices at Hitura Mine

Belvedere Resources Ltd. BEL:TSX-V announces that further to its announcement on 15th October, it will be extending temporary dismissal notices to a further 65 employees at its Hitura Nickel Mine. The notices allow the company to commence temporary dismissals from early December. At any time within 90 days of the notification, the company has the [...]

Tag: hitura

Northern Border Pipeline Company Announces Sale of Bison Pipeline LLC

Northern Border Pipeline Company, along with its owners, TC Pipelines, LP and ONEOK Partners, L.P., announced the sale of its wholly owned subsidiary, Bison Pipeline LLC, to TransCanada Pipeline USA Ltd..
The assets of Bison Pipeline LLC include executed precedent agreements, as well as regulatory, environmental and engineering activities completed to date on the Bison Pipeline [...]

Siemens Energy closing two Ohio plants

Siemens Energy & Automation Inc. said Friday it plans to close two plants in western Ohio, a move that will result in the loss of about 700 jobs.
The Atlanta-based company, which makes industrial circuit breakers at the plants, intends to close plants in Bellefontaine and nearby Urbana. About 500 workers are employed at the Bellefontaine [...]

Tag: news concerning siemens energy, siemens energy automation urbana ohio, siemens closings ohio, siemens bellefontaine ohio, siemens bellefontaine

Crude oil still racing towards $30 a barrel

Crude oil is collapsing as I indicated in India Daily several months back. The question now is how can it go? In a major bear market it will have some sharp rally and that is coming soon. However, longer term crude is in deep trouble. Nature smiles and people lose money ”“it has happened many [...]

Petrostar’s DHT2 to Be Tested by an Oil Sands Company

Petrostar Petroleum Corporation announce that it has entered into a short-term rental agreement with an oil sands company to test Petrostar’s Down Hole Tool (DHT2).
The Down Hole Tool (DHT) is a system and method for generating underground heat, steam and pressure. Specifically, the present invention relates to an electrical steam generation system that enables efficient [...]

Gravel mining issue draws fire

Jean Oxford has waited almost a year and a half for violations caused by an in-stream gravel mining company to be fixed.
Oxford, who lives in Yellville near Crooked Creek with her husband, Kenneth, was one about 40 people who voiced their concerns about approving three in-stream gravel mining permits during a two-hour Arkansas Department of [...]

Tag: edgar cole arkansas, crooked creek adeq

Solid retains Kevin Moore to provide consulting services and closes private placement

Solid Resources Ltd. announced that it has obtained approval from the TSX Venture Exchange to enter into a Consulting Agreement with Mr. Kevin Moore, a Director and the Chairman of the Board of the Company.
Pursuant to the terms of the Consulting Agreement, in exchange for Mr. Moore devoting a minimum of 20 full days per [...]

Gabriel Reports Significant Progress in Public Recognition of its Rosia Montana Project at the Denver Gold Show

Speaking today at the 2009 Denver Gold Show, Mr. Keith R. Hulley, Gabriel’s Chief Executive Officer, reported that the Company has been very encouraged by the tangible improvement in the profile and public recognition of its 80%-owned Rosia Montana Project as a potential significant contributor to the national economy of Romania.
With the conviction that developing [...]

Tag: vale mining controversy, vale mining and environmental issue

First Nickel Operational Update and Progress Report for the Lockerby Mine

First Nickel Inc. (TSX: FNI) is pleased to provide an update and progress report on its underground operations and plans for the Lockerby Mine located in Sudbury, Ontario.
First Nickel is currently producing ore from the 61 and 63 levels on the Depth Zone. Development work is ongoing, advancing ramps on both the Depth and [...]

Loreto Resources Corporation to Purchase Minera Huallanca S.A.

Loreto Resources Corporation announce that it has entered into a nonbinding agreement to acquire 100% of the outstanding common shares of Minera Huallanca S.A., a Peruvian company.
Huallanca, based in Lima, Peru, currently produces zinc, lead, copper, and silver in concentrate form. During 2008, it operated 2 mines at a combined run rate of 500,000 metric [...]

Tag: huallanca mining, loreto mining, minera huallanca s a