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Random News from Mining Top News

Duke Energy 3Q profit rises

Duke Energy Corp. said Friday its third-quarter earnings soared from a year ago, but its executives acknowledged “we didn’t have the kind of quarter we expected.”
“We’re disappointed that our efforts didn’t translate into stronger financial results for the quarter,” chief financial officer David Hauser told analysts on a conference call.
The current results where hit by [...]

DOE recommends Richton for strategic petroleum reserve

The U.S. Department of Energy formally announced Friday that salt domes in Richton are the preferred site to expand the nation’s strategic petroleum reserve.
“As an inland site, Richton will have less vulnerability to hurricane impacts and will be connected by pipeline to the Capline pipeline system and to refiners and marine facilities in Pascagoula for [...]

Lexam Explorations Inc.: Finding of No Significant Impact Reached for Baca Project

LEXAM EXPLORATIONS INC. announce that the United States Fish and Wildlife Service (USFWS) has issued a Finding of No Significant Impact (FONSI) for Lexam’s Baca Project located in south-central Colorado. The USFWS’ decision was reached based on the results of an Environmental Assessment (EA) conducted by the Service under the National Environmental Policy Act [...]

Rolland Energy acquires additionnal oil and gas assets

Rolland Energy Inc., an emerging junior oil and gas producer, announced today that it has acquired additional oil and gas assets adjacent to its Woodnorth properties where the Company currently has seven producing wells. The assets were purchased form Graceland Resources Ltd. and include a suspended well, a small building as well the assignment of [...]

Petrolifera Petroleum provides operations update

Petrolifera Petroleum Limited announced that drilling operations are underway at the RN. PM. a-1014 well, situated approximately one-half mile northeast of the RN. PM. a-1011 well on the Puesto Morales block, which comprises part of the Puesto Morales/Rinconada Concession in the Neuquã©n Basin, onshore Argentina. The drilling rig arrived on location approximately four days ago.
Once [...]

Tag: wadah richard kilani, wadey yaya

Mayfair Mining and Minerals, Inc., Forms a Joint Venture Mining Company and Expands Activities Into Malawi

Mayfair Mining & Minerals, Inc. is pleased to announce that it is expanding its interests and activities within the Southern African Development Community by the formation of a joint venture mining company in the country of Malawi, for the purpose of pursuing additional gemstone and metal mining licences.
The Republic of Malawi is a landlocked country [...]

The Real Economics of Oil

The pubic has been given a story about gasoline that is simply not true. It is a major misdirection by the oil companies that does not give us the true economics of crude oil and the reason oil companies need to dump gasoline on the market.
Although I am not a petroleum expert, as a CPA [...]

India: Coal ministry plans more mining projects

The coal ministry is preparing plans for new projects which will be submitted to the Cabinet in a month, according to Union minister of state for coal Santosh Bagrodia.
Talking to mediapersons here, Bagrodia said though several projects were in the pipeline, the ministry was working on more projects to make the country self-sufficient in coal.
He [...]

Tag: india coal, india new mining projects, mining project and india, pipeline projects in india for mining, production of coal india 525

Seahawks sign deal with 7-Eleven

7-Eleven Inc., which has 172 stores in Western Washington, has signed a three-year sponsorship deal with the Seattle Seahawks.
The convenience store chain’s agreement with the Seahawks is part of a national sports marketing initiative by Dallas-based 7-Eleven Inc., a wholly owned subsidiary of Seven & I Holdings Co., which signed deals with 18 pro sports [...]

I&M to test wind in Indiana as possible new energy source

Indiana Michigan Power has a range of energy sources ”” coal, nuclear power, hydroelectric power.
Eventually, wind could be added to the list.
I&M announced Wednesday that it would place meteorological test sites in east-central Indiana to explore the economic and technical feasibility of building a wind farm in the area.
This is the first time for I&M [...]