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Random News from Mining Top News

Waratah Coal to Examine Infrastructure Options for Galilee Basin Coal Project

Waratah Coal CEO and President Peter Lynch said today the Company remains firmly committed to its plans for an export coal project in Central Queensland. The Company wants to open up a new thermal coal resource in the Galilee Basin near the Central Queensland town of Alpha. To date exploration by Waratah Coal (CDNX:WCI.V) has [...]

India should allow companies to export low quality ore: Mittal

NRI steel tycoon LN Mittal has said that India should restrict export of iron ore but allow companies to sell lower quality ore overseas.
“There is plenty of iron ore in India but we should restrict export growth of higher FE (ferrous) content ore and allow ore containing lower FE,” Mittal told a group of Indian [...]

Resources Minister endorses nuclear option

Federal Minister for Resources and Industry, Ian Macfarlane, has delivered a strong endorsement for nuclear energy in Australia at a conference in Sydney today.
Mr Macfarlane has opened the 15th Pacific Basin Nuclear Conference, which brings together nuclear experts from 30 countries.
He says nuclear energy is Australia’s best option for cutting greenhouse emissions and it would [...]

Offshore Drilling: Just Over The Horizon

In December, when Congress moved the line on offshore drilling closer to Florida’s shores, it was touted as a major victory for Florida’s tourism-based economy because the measure preserved a significant no-drilling zone along Florida’s coastline.
But the area opened to oil and gas drilling was just a fraction of the publicly-owned waters the industry hoped [...]

Adventure Gold Begins 2,500 Metre Drill Program on Beaufor North and Senore

Adventure Gold Inc., a mining exploration company with strategic properties in the Val d’Or region of Quebec, is pleased to announce the start of an eight-hole drill program totalling 2,500 metres on the Beaufor North and Senore properties. These properties are adjacent to the producing Beaufor Gold Mine operated jointly by Richmont Mines and Louvem [...]

World energy forecast tips coal, gas exports to increase

AUSTRALIA’S booming energy export levels are likely to continue for 24 years as world demand for gas, coal, uranium and oil continue to be pushed skyward by China.
In its World Energy Outlook for 2006, the International Energy Agency is predicting energy demand to increase by 53 per cent by 2030, a growth rate of 1.6 [...]

Tag: oecd coal forecast, thermal coal fob newcastle forecast

First Nickel Intersects 34.15 Metres of 3.15% Ni and 1.73% Cu at Lockerby Depth

First Nickel Inc. (TSX: FNI) reports additional high grade nickel-copper results on the remaining fifteen holes from the first stage of a drill program on the Lockerby Depth Zone. These results in combination with the 25 drill holes announced on November 30, 2006, will form the basis of a resource/reserve estimate to be completed on [...]

Crosshair Delivers Significant Growth to Upper C Zone Uranium Resource and Defines New Resources

Crosshair Exploration & Mining Corp. is pleased to announce the results of the updated independent NI 43-101 resource estimate on the C Zone and two new areas at its Central Mineral Belt (CMB) Uranium Project in Labrador.
The updated estimates include an indicated resource of 5.19 million pounds of uranium (U3O8) and additional inferred resources of [...]

Democrats eye Big Oil profits as source of energy funding

House Democrats in the first weeks of the new Congress plan to establish a dedicated fund to promote renewable energy and conservation, using money from oil companies.
That’s only one legislative hit the oil industry is expected to take next year as a Congress run by Democrats is likely to show little sympathy to the cash-rich, [...]

Churchill Mining starts drilling on Sendawar project; plans 64 new holes

Churchill Mining PLC said it has begun drilling on primary coal resource targets in the northern portion of the Sendawar project in Indonesia, with plans for 64 new holes by February 2007.
The company said the new programme follows an initial 14-hole drilling campaign at Sendawar.
It will also commission three more rigs at Sendawar, the company [...]