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Random News from Mining Top News

Venezuela’s Chavez Proposes South American “Gas OPEC”

Venezuelan President Hugo Chavez’s proposal for a South American organization of natural gas producers based on the oil-exporting cartel OPEC baffled analysts contemplating the announcement.
Chavez said on his radio talk show late Thursday that he had spoken to Argentine President Nestor Kirchner about the idea of forming “a kind of Organization of Gas Exporting and [...]

Oil Price recorded biggest drop in a period of 17 years

Ben Bernake, Federal Reserve Chairman, stated that the U.S. economy is facing “significant” risks to growth, while the Organization of Petroleum Exporting Countries lowered its forecast for world oil-demand growth for 2008 and 2009. in apart chances John Kilduff, an analyst at futures brokerage MF Global, said “Signs of economic contraction and financial-market malaise are [...]

Canadian Superior Updates Drilling Progress at “Endeavour” Well On “Intrepid” Block 5(c) Offshore Trinidad

Canadian Superior Energy Inc. announced, as Operator of the “Intrepid” Block 5(c), that it has successfully drilled the 26″ hole section of the well and has run and cemented in place the 20″ casing string to a depth of 3,030 feet subsea. The “Endeavour” well was spudded on August 28, 2008 and, as reported previously, [...]

Tag: craig mckenzie canadian superior

Warwick Resources Limited Identifies Large New Iron Ore Target Near Newman

Pilbara explorer, Warwick Resources Limited announced its largest iron ore target to date following a detailed mapping and sampling programme at its Woggaginna project in Western Australia’s Pilbara region.
Woggaginna is located 55km southeast of Newman and 35km south of BHP Billiton’s Jimblebar iron ore mine and railway.
The Woggaginna project contains an extensive cluster of [...]

Tag: mines of warwick

Encanto announces agreement on large new potash property

Encanto Potash Corp. announce that it has signed an Exploration Participation Agreement (EPA) with the Muskowekwan First Nations in Saskatchewan. The Muskowekwan EPA lands are located approximately 100 kilometres north of Regina, and consist of 43,000 acres of gentle rolling plains.
Several oil wells drilled all around the Muskowekwan EPA lands have shown potash beds are [...]

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Seminar Speakers Explain the Effects of Expanded Oil and Gas Lease Areas in the Gulf of Mexico

The environmental impacts of more oil and gas drilling in the Gulf of Mexico prompted a range of opinions at a seminar Saturday.
The Gulf of Mexico Energy Security Act of 2006, approved by Congress last month, opens about 543,000 acres in the eastern gulf to drilling leases within the year. Some lease areas are as [...]

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Coalition Wins Right To Participate In Coal Plant Hearings

The mayors of Dallas, Houston and other cities opposed to building seven coal-fired power plants in East Texas — won the right to challenge them Thursday.
But they failed to persuade two administrative law judges in Austin to slow the permitting process.
TXU’s coal proposal is on the fast track, under a 2005 executive order from Governor [...]

Push on for wind as energy source

COLUMBUS – Advocates of wind energy sought to get a step ahead of Ohio’s new political climate Monday, urging the newly elected governor and Legislature to include windmills in the state’s future energy plans.
“While wind energy may not solve all of our energy needs – in fact, it likely won’t – it is a key [...]

Medco may build geothermal power plant in Sumatra

PT Medco Energi Internasional, Indonesia’s largest publicly traded oil company, may build a geothermal power plant in North Sumatra for state utility PT Perusahaan Listrik Negara after the winning bidder pulled out.
PLN named Medco-led group to replace PT Geo Dipa Energi, picked last year as the preferred bidder to build the Sarulla plant, Djuanda Nugraha [...]

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Ore mining and processing enterprise of Kachkanar keeps renovating processing shop

Three new magnetic filters have recently been installed at the processing shop of Vanadium Ore Mining and Processing Enterprise of Kachkanar (part of Evraz Group), which is part of the complex renovation program. The enterprise bought 15 new magnetic filters made by Rudgormash of Voronezh at the beginning of March. In April, the company’s technicians [...]