At MINExpo 2008 Caterpillar introduce four new trucks. The 793 series in the 240- to 250-ton class will be available in both mechanical (793F) and electric (793F AC) versions. The 345-ton 795F AC, a new size for Caterpillar, will be available in electric drive only, while the flagship 797B is replaced by the new 797F [...]
Massey Energy’s Superior Surface Mine was given a National Award for Excellence in Surface Mining by the U.S. Office of Surface Mining Reclamation and Enforcement (OSM) at the MINExpo 2008 sponsored by the National Mining Association in Las Vegas, NV.
Located in Logan County, WV, Superior was given one of four national awards for excellence in [...]
Vena Resources Inc. announce that Jose Roberto de Romana Letts has joined the Vena Board of Directors and Silvia Dedios Villaizan has been promoted to Vice President, Corporate Development based in Lima, Peru.
Mr. de Romana Letts is a member of a well known and respected family involved in the mining industry in Peru. He has [...]
Oil and gas production company Quest Resource Corp. on Tuesday said it began an underwritten public offering of about 8.4 million shares of stock.
Underwriters have a 30-day option to purchase up to about 1.3 million additional shares.
Quest said it will use about $70 million of net proceeds to fund part of its $140 million pending [...]
AUSTRALIAN iron ore producers, arguing for a freight premium to be included in this year’s contract prices with reluctant Chinese steelmakers, are expected to shrug off the emergence of a new iron ore exchange market created by Deutsche Bank and Credit Suisse.
The exchange gives smaller Chinese steel producers a chance to hedge their costs in [...]
East West Resource Corporation is please to announce that a 3000 metre core drilling program to test as many as 27 targets has commenced on their Marshall Lake Property. 15 drill targets were selected from airborne electromagnetic (VTEM) anomalies generated in the fall of 2007. The remaining targets are Induced Polarization (IP) anomalies in [...]
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