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Random News from Mining Top News

Australia’s Iluka Q3 mineral sands sales volume rises 18.3 pct yr-on-yr

Iluka Resources Ltd said mineral sands sales volume rose 18.3 pct year-on-year in the September quarter to 503,524 metric tons, due largely to higher ilmenite sales.
It said mineral sands revenue for the September quarter increased 18.9 pct year-on-year to 226.0 mln aud, while total sales revenue including coal revenue rose 17.1 pct to 233.7 mln [...]

GPNL SIGNS HEADS OF AGREEMENT TO SECURE SOURCES OF NICKEL ORE

Gladstone Pacific Nickel Limited (ACN 104 261 887) (”GPNL” or the ”Company”) is pleased to report the signing of a binding Heads of Agreement that secures substantial long-term limonite nickel ore supply from New Caledonia. GPNL has entered into the heads of agreement with Sociã©tã© des Mines de la Tontouta (”SMT”), a company that owns [...]

State Begins Petroleum Cleanup In Penasco

A $3 million project in Penasco aims to remove petroleum-contaminated soil and replace part of a water line that serves the northern New Mexico community.
The state Environment Department is working with A1 Auto gas station on the project.
It involves removing about 11,000 cubic yards of contaminated soil and replacing a 700-foot section of water line.
The [...]

Labrador Iron Mines Stock Symbol Change to ‘LIM’

Labrador Iron Mines Holdings Limited announces that the Company’s stock symbol on the Toronto Stock Exchange will be changed to “LIM” effective the start of trading on May 6, 2009.
At the time of the Company’s initial public offering in December 2007, the “LIM” trading symbol was not available. This new symbol, as identified in the [...]

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Australia’s Alumina says rising costs, demand to underpin alumina prices

Alumina Ltd said it expects long term alumina prices to be underpinned by rising capital costs for constructing new refineries, as well as growing demand and the availability of bauxite.
Chairman Don Morley told Alumina’s annual general meeting that construction costs for alumina refineries have increased substantially.
“For example, recent expansions of alumina refineries outside China have [...]

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Chevron eyes untapped oil, gas reserves

US-based oil giant Chevron group said it is now conducting studies on untapped oil and gas prospects in the country.
Chevron Malampaya LLC president Kevin Lyon said the conduct of such studies is part of the company’s commitment to pursue oil and gas exploration opportunities in the Philippines.
“We have received the data from the Department of [...]

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European Mining, Oil Stocks May Fall; Scania, Veolia May Gain

European mining and energy stocks may fall as copper prices dropped and oil traded below $64 for the fourth day. Shares of Rio Tinto Group and BP Plc may pace the decline.
Scania AB may advance on speculation MAN AG may offer about $11.9 billion for the Swedish truckmaker. Veolia Environnement SA may gain after earnings [...]

Union Pacific lifts coal embargo

Union Pacific said on Tuesday it halted an embargo on new business on a section of track serving the coal-rich Powder River Basin in Wyoming.
The embargo officially ended March 27.
The embargo went into effect on a section of track Union Pacific operates jointly with Burlington Northern Santa Fe railroad July 18, 2005, after heavy rain [...]

Amfire Mining Co. to Open New Mine

The state Department of Environmental Protection has issued a permit to Amfire Mining Co. to open a new underground coal mine.
The permit allows the Latrobe, Pa.-based company to conduct mining in nearly 3,000 acres in Cresson Township, Cambria County, the DEP said in a statement Wednesday.
The site is estimated to contain coal deposits that could [...]

Evolution Petroleum Corp. Announces Fiscal Year 2006 Earnings Call

Evolution Petroleum Corporation announced that it filed its form 10-KSB for the year ended June 30, 2006 .
Management will host a conference call today to discuss these results at 4:30 p.m. Eastern Time (3:30 p.m. Central Time). To participate in the conference call, dial 877-704-5384. International callers, please dial: 913-312-1297. No Passcode is required.
The conference [...]