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Random News from Mining Top News

DEC approves mercury emission limits to coal-burning power plants

December 19th, 2006

A plan to cut toxic mercury emissions from power plants is approved by the state Department of Environmental Conservation.
Under the plan, coal-burning plants in New York state will have to cut mercury emissions by 90 percent by 2015.
The plan sets a cap on the emissions allowed from each plant without trading other plants for the [...]

Berry Petroleum CFO Exercises Options

December 23rd, 2006

The chief financial officer of oil and gas producer Berry Petroleum Co. exercised options for 20,000 shares of common stock, according to a Securities and Exchange Commission filing Thursday.
In a Form 4 filed with the SEC, Ralph Goehring reported he exercised the options Tuesday for $8.15 apiece and then sold all of them the same [...]

Mine safety hearings will continue

April 16th, 2007

The federal Mine Safety and Health Administration’s report on last year’s fatal explosion at the Kentucky Darby Mine No. 1 will not be the final word on the accident.
The report, issued Thursday night, said the operator ignored vital safety standards and procedures. Five miners died in the May 20 blast.
On Capitol Hill, the promised oversight [...]

Mine to reopen due to surging gold prices

October 26th, 2006

The Bronzewing gold mine in central Western Australia is set to reopen on the back of climbing gold prices.
The mine and its extraction plant and accommodation village have been mothballed for the past three years after being bought for $9 million by View Resources.
Managing director Tim Gooch says the company has secured debt financing and [...]

Mine air pack test changes urged years ago

July 14th, 2006

Seven years ago, a government engineer in charge of testing emergency air packs used in U.S. coal mines suggested that tests used to approve the devices might not be effective _ and that there was no way to know if the air packs were safe.
Nicholas Kyriazi, a biomedical engineer with the National Institute for Occupational [...]

Drilling talks split Florida’s D.C. delegation

June 11th, 2006

A rift is emerging in Florida’s once-united congressional delegation over a contentious election-year offshore drilling debate, with Democrats grousing about being left out of ”backroom negotiations” that are occurring among Republicans.
In a letter to the delegation chairman, Rep. Clay Shaw, R-Fort Lauderdale, the state’s seven Democrats complained Friday that closed-door, Republican-only talks will erode the [...]

Baseline Oil & Gas Launches New Website

October 5th, 2006

Baseline Oil & Gas Corp. , an independent oil and gas exploration and development company, today announced the launch of its website, http://www.baselineoil.com.
“As a publicly traded company, we realize the role an informative website plays in providing important and timely information to Baseline shareholders and potential investors, as well as other members of the energy [...]

Chesapeake Energy Says Production Will Climb

March 27th, 2008

Chesapeake Energy shares jumped after the natural gas producer announced plans to expand drilling and boosted its production forecasts.
The Oklahoma City-based company says 2008 output should rise 21 percent over last year’s total, to 2.37 billion cubic feet of natural gas. Output in 2009 is likely to grow another 16 percent.
Chesapeake also laid out plans [...]

Denison Mines Corp. Closes CDN $82,000,000 Bought Deal Financing

June 22nd, 2009

Denison Mines Corp. announce that it has closed its previously announced “bought deal” financing. Denison has sold to a syndicate of underwriters 40,000,000 common shares at $2.05 per common share to raise gross proceeds of $82,000,000. The Company has also granted the syndicate an option to purchase up to an additional 6,000,000 common shares at [...]

Asia Now Continues Drilling at Beiya and Habo

May 20th, 2009

Asia Now Resources Corp. a mineral exploration company active in China since 2002 announce that the Company continues drilling and tunneling its main mineralization zones at Beiya and Habo in Yunnan Province of China.
Drilling at Beiya focuses on the northeast section of the 13km-long by 2km-wide gold zone that includes the adjacent Beiya Gold Mine [...]