George H. Read, P. Geo., Senior Vice President Exploration and Development, is pleased to announce that a project proposal for a joint Star-Orion South Diamond Project has been submitted to the Environmental Assessment Branch of the Saskatchewan Ministry of Environment, in addition to the following Federal agencies: Fisheries and Oceans Canada, Health Canada, Indian and [...]
Research and Markets has announced the addition of the “Asia-Pacific Oil & Gas Sectors : A Company and Industry Analysis (August 2008)” report to their offering.
This report updates the previous Asia-Pacific oil and gas report, focusing on the markets in Australia, China, India, Indonesia, Japan and South Korea
Current Environment - Key Points
- Crude oil prices [...]
Westmoreland Coal Company announced that its Westmoreland Resources, Inc. subsidiary, which owns and operates the Absaloka Mine, has formed Absaloka Coal, LLC and partnered with an East Coast financial institution. Absaloka Coal will serve as the producer and seller of coal leased from the Crow Indian Tribe in Montana, and will benefit from [...]
Research and Markets has announced the addition of the “Indian Coal Industry” report to their offering.
India is the third-largest producer and consumer of coal in the world. With proven reserves of 257.38 billion (Bn) tonnes, coal is one of the most abundant sources of energy in the country. In 2007, coal accounted for 51 percent [...]
KAL Energy, Inc., a thermal coal explorer and developer, today announced that it has successfully amended the terms of its royalty agreement with Concord International. Under the terms of the new agreement, the Company will pay royalties as follows:
1. For all coal sales under $40 per metric ton the royalty is reduced [...]
LSR, a subsidiary of Rheinbraun Brennstoff GmbH (RBB) for specialized carbon products, has expanded its extensive product range to include a further innovative product. As of now, the Essen-based company also sells pressed coke briquettes, which may be used as a high-quality substitute fuel for the relatively expensive foundry coke.
The tense situation on the international [...]
Kalimantan Gold Corporation Limited report further exploration progress on its promising coal prospects in East Kalimantan. Latest highlights include:
- Further evidence of significant coal occurrences at Mandul Island
- High calorie coal showings at two other concessions
- Four more coal concessions added to the Option Agreement signed in April 2008
- The Option period is extended [...]
Foster Wheeler Ltd. announced that its subsidiary Foster Wheeler USA Corporation, part of its Global Engineering and Construction Group, has been awarded contracts by BP Products North America for the engineering, procurement and fabrication of a 102,000 barrels per stream day (bpsd) six-drum delayed coking unit and gas plant facilities at BP’s Whiting refinery in [...]
Research and Markets has announced the addition of the “China Industry Research and Investment Analysis: Iron Ore Mining Industry, 2008” report to their offering.
The unprecedented growth seen in China, India and Russia has created strong demand for iron ore. China itself consumes over 50% of the world’s iron ore production. The shortage of iron ore [...]
FreightCar America, Inc. reported financial results for the three months ended June 30, 2008. For the second quarter of 2008, sales were $141.3 million and net loss was $0.9 million, or a net loss of $0.08 per diluted share. These results include charges related to a loss contingency reserve due to sharp material cost increases [...]
