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Random News from Mining Top News

Indonesia, Japan to build high-quality coal plant

Indonesian and Japanese firms agreed Friday to jointly build a factory to produce upgraded brown coal (UBC) in South Kalimantan province with an investment of 68 million U.S. dollars.
The project involves Japan Coal Energy as a ready buyer, Kobe Steel as contractor, Indonesia’s PT Arutmin as coal supplier, state-run oil firm PT Pertamina and the [...]

Tag: japan coal energy asam asam

World first nanotechnology to revolutionise oil production

Nanotechnology to help extract more petrol from oil fields has been developed by researchers from The University of Queensland’s Australian Institute for Bioengineering and Nanotechnology (AIBN).
With oil companies forced to leave behind as much as two barrels for every barrel of oil they produce, this revolutionary technology could help reduce the cost of supplying [...]

Tag: nanotechnology in oil production

Vangold Resources Ltd. Receives Update From International Beryllium Corporation

International Beryllium Corporation announce that it has signed a letter of intent dated February 4, 2009 to acquire, through its subsidiary IBC US Holdings, Inc., all of the shares of a master and specialty alloy manufacturer and processing company. The proposed transaction is a non-arm’s length transaction as Denis Brady, a shareholder of the Target, [...]

Tag: value chain of metal and mining industry in india

United Ethanol plant ready to stay the course

MILTON-The president of United Ethanol doesn’t put much credence in projections of doom and gloom for the ethanol industry.
David Cramer is confident that ethanol is here to stay.
While United Ethanol’s $60 million plant nears completion in Milton’s Eastside Industrial Park, a story in the Chicago Tribune questions the future of ethanol and the livelihood [...]

Michigan corn growers gleeful as ethanol pushes up price

Michigan corn growers are finding their fields turning to gold as prices rise rapidly because of the growth of ethanol production.
Many farmers complained when rain kept them out of the fields and delayed the harvest.
But the wait is paying off, as corn prices rose from $1.85 per bushel in August to $3.50 per bushel in [...]

Tag: michigan corn prices bushel

Most and Least Expensive Gasoline

At an average $3.74 per gallon, Wichita, Kan., had the least expensive gas in the country Thursday, according to GasBuddy.com.
Wichita is followed by Oklahoma City ($3.79), Tulsa, Okla. ($3.79), Tucson, Ariz. ($3.80) and Columbia, S.C. ($3.84).
At an average $4.56 per gallon, Los Angeles has the most expensive gas in the country Thursday, according to GasBuddy.com.
Los [...]

Maximus and NFX Announce Maximus’ Vesting in Larder Lake Gold Project

Maximus Ventures Ltd. announce that Maximus has completed its earn-in of a 60% interest in the Cheminis, Bear Lake and Fernland projects and a 45% interest in the Barber Larder project, which together comprise the Larder Lake Gold Project located in northeastern Ontario. NFX retains a 40% and 55% interest, respectively, in these projects.
“The vesting [...]

Liberia, Arcelor Mittal sign billion-dollar mining deal

The world’s largest steelmaker, Arcelor Mittal, signed an iron ore mining contract with Liberia that promises to pour more than a billion dollars (760 million euros) in investment into the war-ravaged state.
“This is a landmark project for both Liberia and for Mittal Steel,” said the head of the steelmaker’s Liberian operations, Joseph Mathews, before the [...]

Tag: construction mittal in liberia

Natural Gas Inventories Up

The Energy Department’s Energy Information Administration said in its weekly report that natural gas inventories held in underground storage in the lower 48 states rose by 85 billion cubic feet to more than 1.61 trillion cubic feet for the week ending May 16.
The inventory level was slightly below the five-year average of nearly 1.62 trillion [...]

Rockgate Capital Corp. and Delta Exploration Inc. Complete Plan of Arrangement

Rockgate Capital Corp. and Delta Exploration Inc. announce that they have completed a court-approved plan of arrangement under the British Columbia Business Corporations Act pursuant to which Rockgate has acquired all of the issued and outstanding securities of Delta.
Pursuant to the Transaction, Delta shareholders are entitled to receive 0.50 of a common share of Rockgate [...]

Tag: arrangement court order capital, letter of intent to enter into a plan of arrangement, delta rockgate, karl kottmeier, bc supreme court rockgate