Cameco Temporarily Suspends UF6 Production in Port Hope
Cameco Corporation announced it is suspending uranium hexafluoride (UF6) production at the company’s Port Hope plant. As previously announced, a contract dispute between Cameco and its sole supplier of hydrofluoric acid (HF) has resulted in unreliable and expensive deliveries of this material necessary for the production of UF6. The dispute remains unresolved and Cameco has exhausted the inventory...
Capstone Reports Minto Mine Connected to Yukon Electrical Grid
Capstone Mining Corp. announced that its Minto copper-gold mine in the Yukon was officially connected to Yukon Energy’s electrical grid at a ceremony attended by the Premier of the Yukon, the Minister of Economic Development, the Minister of Energy Mines & Resources and Stephen Quin, President & COO of Capstone. “Connection to Yukon Energy’s electrical grid represents the...
Saxon Oil Announces Execution of Definitive Agreement in Picogina Acquisition
Saxon Oil Company Ltd. announces that it has executed a definitive agreement with Energy (CG) Ltd. (“Energy”) regarding the proposed purchase of 100% of the issued and outstanding shares (the “Acquisition”) of Picogina Holdings BV (“Picogina”) and amended the terms of the non-brokered private placement (the “Offering”) of Saxon units previously announced...
Gossan Retains Hatch to Provide Engineering Process Support for the Inwood Magnesium Project
Gossan Resources Limited has retained Hatch of Montreal, Canada, to provide engineering process support for the Inwood Magnesium Project The agreement covers a 5-phase work program culminating with the opening of a Certificate of Authorization file with the Manitoba government for construction and environmental approvals for a production facility at Inwood, located in south-central Manitoba. The initial...
General Moly Announces Electrical Transmission Service Agreements for the Mt. Hope Project
General Moly Inc. announced that it has entered into Electrical Transmission Service Agreements with Mount Wheeler Power and Sierra Pacific Power to provide the Mt. Hope Project in Eureka County, Nevada with sufficient power transmission capacity to satisfy its projected electrical needs. Under the terms of these agreements, service is expected to start in December 2009 and ramp up to the full 75 MW...
Nation’s First Application for a Revolutionary Hydrogen Fuel Electric Generating Facility With Carbon Capture and Sequestration to Be Filed Before the California Energy Commission
Hydrogen Energy International LLC, a joint venture of BP Alternative Energy and Rio Tinto, announced plans to file an AFC (Application for Certification) before the California Energy Commission on Thursday, July 31, 2008, for a proposed hydrogen fuel production facility and power plant in Kern County, California. The filing initiates a comprehensive regulatory review process and, upon approval, grants...
Israeli Energy Company to Build Sea Wave Power Plants in China
Energy company, S.D.E., which has developed an innovative technology for generating sea wave electricity, has signed an agreement for selling sea wave power plants throughout China. Construction of the power plants will be financed by investors from Hong Kong and China. Two joint venture companies, formed in Hong Kong by S.D.E and the investors for the implementation of the agreement, will build an...
Greenhouse Gas Emissions Rose Last Year
The Energy Department’s Energy Information Administration says carbon dioxide emissions in the U.S. increased last year, compared with emission levels in 2006. EIA says 5.98 million tons of carbon dioxide went into the air in 2007, a 1.6 percent increase from the year before. EIA blames greater demand for heating and cooling, as well as “higher carbon intensity of electricity supply.” The...
Sabah sticks to its guns on coal-fired power plant
The Sabah Government is sticking to its decision against building a coal- fired power plant in Lahad Datu. State Tourism, Culture and Environment Minister Datuk Masidi Manjum said the government could not afford the environmental risks of such a facility close to key pristine conservation areas. “We are aware of the argument that coal-fired plants in the peninsula are sited close to a resort and...
Activists dump coal to oppose approval of dirty Iloilo power plant
Greenpeace activists dumped 200 kilos of coal at the entrance of the Department of Environment and Natural Resources (DENR) on Thursday and unfurled a banner with the message ”Atienza, don’t be a climate criminal.” The activists are demanding that Secretary Lito Atienza immediately reject all plans to construct a dangerous coal-fired power plant in Iloilo City. Instead of actual coal,...
Latest Mining News
Philex Gold Receives Interim Order for Transaction With Philex Mining Corporation
Philex Gold Inc. announced that it has obtained an interim order from the Ontario Superior...
American Mining Corporation Signs LOI to Form Production Joint Venture on Terra Gold Project, Alaska
American Mining Corporation announce that it has signed a binding letter of intent to enter...
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