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Random News from Mining Top News

CWLP sends wind energy bids for review

City Water, Light and Power has received eight bids to provide wind energy and will send them to be evaluated by a Florida company that markets the city’s wholesale energy.
Once that company, The Energy Authority, reviews the proposals, CWLP will make a recommendation to Springfield aldermen, CWLP general manager Todd Renfrow said Friday.
Until that [...]

Tag: cwlp wind power contract

Mantle Mining Corporation Announces Improved Confidence Levels for Granite Castle Resource

Mantle Mining Corporation advised that an upgraded resource estimate has recently been completed for the Granite Castle Project by Dr William Yeo MAusIMM. A summary of the underlying data and the methodology used for the resource estimates is appended to this announcement. Resource estimates of both gold and silver, from the 690m RL to the [...]

Rockwell Achieves Outstanding Premiums from the Sale of Cut and Polished Stones

Rockwell Diamonds Inc reports on the premiums achieved from the sale of three cut and polished stones through its agreement with the Steinmetz Diamond Group. These stones were recovered from its Makoenskloof project and Wouterspan mine, located in the Middle Orange River area of South Africa.
Three exceptional yellow gemstones, manufactured by SDG from rough [...]

Cameco Completes Kintyre Acquisition

Cameco Corporation announced today that it has completed the acquisition of a 70% interest in the Kintyre uranium exploration project in Western Australia for $346.5 million (US).
A joint venture comprised of Cameco (70%) and Mitsubishi Development Pty Ltd (30%) purchased the Kintyre project from Rio Tinto for $495.0 million (US) through a bidding process. Cameco [...]

Tag: kintyre acquisition, cameco kintyre acquisition, kintyre cameco mitsubishi, cameco kintyre, mitsubishi cameco

Petrobras Energía Participaciones S.A. Company Profile

Petrobras Energã­a Participaciones (formerly Perez Companc) controls Petrobras Energã­a (formerly Pecom Energã­a), an Argentine energy conglomerate. Petrobras Energã­a’s main business is oil and gas exploration and production. It operates about 30 fields in South America with proven reserves of more than 730 million barrels of oil equivalent, mostly oil and natural gas liquids. Other operations [...]

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

Bingu misled on uranium mining—civil society

Civil society organisations accused government Monday of misleading President Bingu wa Mutharika and the nation in its dealings with Paladin Africa Limited, saying the latter are not coming out clearly on the negative impact the multi-billion kwacha uranium mining project at Kayelekera in Karonga will have on people’s lives.
The Centre for Human Rights Rehabilitation (CHRR), [...]

RSC Equipment Rental Streamlines Divisional Structure

RSC Equipment Rental, Inc., the operating entity for RSC Holdings Inc., one of the largest equipment rental providers in North America, announced today that it has streamlined its field operations in North America into two geographical areas, an East Division and a West Division, instead of the three areas it has had previously.
Joe Foster and [...]

Tag: joe foster southeast equipment, what companies use divisional structure, rsc joe fosrter, joe foster vs rsc, ned graham rsc

Prime Minerals raises $2.2m in IPO

Perth-based uranium resource company Prime Minerals will list its shares for trading this coming Wednesday, 3 January 2007, following the closure of its oversubscribed Initial Public Offer to raise A$2.2m.
As part of the IPO, Prime will issue 11,000,000 Shares at an issue price of 20 cents per Share and at listing will have a market [...]

Russian coal mine blast kills 78

A devastating gas explosion tore through a Siberian coal mine Monday, killing at least 78 miners, Russian officials said, as emergency workers raced to rescue dozens still trapped underground.
“The latest figures we have is 78 killed,” the Kemerovo regional administration’s spokesman Sergei Cheremnov said as quoted by the Interfax news agency.
Earlier, emergency ministry officials said [...]