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Random News from Mining Top News

CERA Finds Power Plant Costs Doubled

A new report from Cambridge Energy Research Associates (CERA) says the cost of building a new power plant has more than doubled since 2000.
Wind energy showed the biggest rise in costs — 6 percent since the third quarter of 2007 and 108 percent since 2000 — as rising demand for wind turbines boosted equipment costs [...]

Tag: cera mining

Wallbridge Mining Signs $5M Joint Venture with Impala Platinum on Parkin Offset Dyke Properties in Sudbury

Wallbridge Mining Company Limited announced that it signed a joint venture agreement with Impala Platinum Holdings Limited (“Impala”), the world’s second largest primary platinum producer, on its Parkin Offset Dyke Properties in Sudbury, Ontario.
Under the terms of the joint venture agreement, Impala will spend $5M over three years to earn a 50% interest in the [...]

Monarch Enters into Drilling Agreement

Monarch Gulf Exploration, Inc., a Washington Corporation, today announced it has entered into an agreement to participate in the drilling of a test well in the North Colgrade Prospect located in Winn Parish, Louisiana. Monarch will have a 19% working interest in this project. Total drilling costs are estimated in to $374,000.
The principal targets [...]

Imperial’s Sarnia refinery to reduce SO2 emissions by more than 50 percent

Imperial Oil announced it will construct a Tail Gas Clean-Up unit at its Sarnia refinery to increase sulphur product recovery and reduce the site’s SO2 emissions. The unit will involve an investment of over $100-million and is expected to take approximately 16 months to build.
The new Tail Gas Clean-Up unit uses ExxonMobil Flexsorb(R) technology, a [...]

Tag: jim strasser imperial oil esso, uranium mining process air emissions, reduce so2, nanticoke petroleum news ontario, imperial oil sarnia refinery address

Magnum Uranium Begins Wyoming Drilling

Magnum Uranium Corp. is pleased to announce the commencement of drilling at its Lye Uranium Property (the “Lye Property”) in Fremont County, Wyoming. As reported by Magnum in a news release dated January 23, 2006, the Lye Property was previously explored and held by Atlantic-Richfield Company (“ARCO”) from 1967 to 1978.
Originally discovered as a surface [...]

Tag: uranium mining wyoming 2010

Gowest to Acquire New Texmont’s 50% Interest in Frankfield Project

Gowest Amalgamated Resources Ltd. announce that it has entered into a letter of intent with New Texmont Explorations Ltd. pursuant to which it will acquire New Texmont’s 50% interest in the Frankfield gold project as well as all of New Texmont’s additional land holdings in the Tully area bordering the Frankfield project. Following the completion [...]

State mine inspector indicted on fraud, theft charges

A state grand jury returned a 9-count felony indictment today against Arizona Mine Inspector Doug Martin, accusing the state’s longest-serving elected official of thousands of dollars in fraud, theft and violations of state purchasing procedures.
Martin is the third top elected official to face criminal charges in Arizona this year. Last week, former state Treasurer David [...]

Cross Lake Minerals Ltd.: QR Mine Permit Approved-Project Development Ongoing

Cross Lake Minerals Ltd. is pleased to provide this update of operations for the QR Mine Project, which is located approximately 60 kilometers southeast of Quesnel, British Columbia.
Over the past several months, the final information was compiled and submitted to the Ministry of Energy, Mines and Petroleum Resources in support of the application by [...]

Inupiat prefer drilling in ANWR

Alaska Inupiat are opposed to offshore oil drilling, preferring that developers turn their attention to the Arctic National Wildlife Refuge.
The Inupiat in the northern coastal community of Barrow are worried offshore development could threaten their traditional hunt for bowhead whales, seals and walrus, says Eugene Brower, president of the Barrow Whaling Captains’ Association.
He’s concerned the [...]

Growing demand hikes ethanol price

Growing demand for ethanol has boosted prices for the corn-based fuel additive, worrying ethanol supporters just as they’re making inroads getting motorists interested in the alternative fuel.
Greg Boesch, who owns Fred’s Mini Mart in Shadeland, said when he began selling E85, it was between 30 cents and 40 cents a gallon cheaper than gasoline.
Now, he’s [...]