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Random News from Mining Top News

United Airlines Fuel Bill Nears $10 Billion

There was more grim new from the airlines industry. United Airlines says its 2008 fuel bill will hit $9.5 billion — more than $3.5 billion higher than last year.
United parent UAL Corp. also estimates passenger revenue for the second quarter will increase by 4 or 5 percent over a year ago. It said in an [...]

Iowa Cellulosic Ethanol Plant Planned

South Dakota company said Monday it plans to build the first commercial scale cellulosic ethanol plant in the U.S., meaning it will use corn stalks and leaves — not just the kernels — to produce the renewable motor fuel.
With an investment of about $200 million, Broin Companies plans to expand the capacity of an existing [...]

Widow of coal miner won’t be intimidated

The wife of a Kentucky coal miner killed in an accident last year says she has been receiving threatening phone calls since speaking out for mine safety.
Melissa Lee, whose husband Jimmy died in a methane gas explosion in a Harlan County mine, says unidentified callers have told her she needs to shut up and [...]

Tag: coal mining accidents kentucky

Medusa Mining Ltd. – Co-O Mine update

Medusa Mining Limited , the Australian based company operating and developing gold mines in the Philippines, announces that drilling has commenced on the Co-O Mine deeps, with rigs drilling on each side of the Oriental Fault. Drilling will be undertaken systematically westwards and eastwards away from the Oriental Fault and, subject to topographic and other [...]

London midmorning: Mining rally peters out

Leading shares failed to maintain their early gains on Monday morning as weak utilities dragged on sentiment with even a bullish mining sector failing to offset the losses.
Cairn Energy was the worst performer with BP also dragging its heels on the back of reports that crude production in Iraq remains strong.
Otherwise utilities dragged on the [...]

Adventure Gold Begins 2,500 Metre Drill Program on Beaufor North and Senore

Adventure Gold Inc., a mining exploration company with strategic properties in the Val d’Or region of Quebec, is pleased to announce the start of an eight-hole drill program totalling 2,500 metres on the Beaufor North and Senore properties. These properties are adjacent to the producing Beaufor Gold Mine operated jointly by Richmont Mines and Louvem [...]

Uranerz Receives Positive Preliminary Assessment on Nichols Ranch Uranium ISR Project

Uranerz Energy Corporation announce receipt of a positive Preliminary Assessment on the economics and technical viability of the Company’s Nichols Ranch Uranium In-Situ Recovery (“ISR”) Project in the Powder River Basin, Wyoming, USA (the “Project”) and the filing of a related NI 43-101 technical report. The mine plan for the Project includes a central processing [...]

Tag: christensen ranch isr mine map

Electra Gold Hires a New Mining Contractor to Lower Costs and Increase Efficiency

Electra Gold Ltd. announce the engagement of Jedway Enterprises as the prime mining contractor at its PEM100 Quarry, located on Northern Vancouver Island. The readily accessible alumina and silica resources that are mined form the raw materials component supplied to major cement companies in the making of cement. In this economic downturn we are projecting [...]

Tag: mining contractor stocks, electra quarrys, jedway mine, electra gold ltd, silica mine on vancouver island

Polaris announces change to board of directors

On behalf of the Board of Directors of Polaris Minerals Corporation, Dr. Roman Shklanka, Chairman, today announced the resignation of Mr. Robert Edsel from the Board.
Dr. Shklanka said, “Robert Edsel has been an active member of the Board since 2002, and on behalf of the Company, its shareholders, and my fellow Directors, I would like [...]

Southern Star Energy Announces New Well Discovery

Southern Star Energy Inc., a fast-growing E&P company with reserves and production from leases located in northern Louisiana, today announced the successful drill of the Cash Point 30-1 Well, which reached planned total depth (TD) of 9,500 feet on August 27, 2008. This well is located in the southern section of the company’s Sentell Field [...]

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