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Random News from Mining Top News

Oil prices rise on back of gasoline rally

Crude-oil futures rose Monday on the heels of a rally in gasoline that brokers attributed to a shipping snag along the U.S. Gulf Coast that was having some impact on refinery operations.
The Coast Guard said Sunday that only limited tug and barge traffic had resumed through the Calcasieu Ship Channel, which had been off limits [...]

EnerJex Resources, Inc Appoints Chief Financial Officer

EnerJex Resources, Inc has announced to the press that Dierdre “Dede” P. Jones, Director of Finance and Accounting, has been promoted to Chief Financial Officer for the oil and natural gas company. ones has been the Company’s Director of Finance and Accounting since August 2007. From May 2007 through August 2007, she provided independent consulting [...]

New coal dryer technology is a success

The U.S. Department of Energy said a prototype coal dryer project at an Underwood, N.D., power plant is so successful it’s being expanded.
Department officials said the technology at the Great River Energy Co.’s Coal Creek Station has proven so successful the power company intends not only to install full-size dryers on the station’s Unit [...]

Tag: coal dryer technology, coal dryer, coal drying technologies, high moisture coal, drying high moisture coal

Energtek to Sponsor CNG-NGV Philippines Forum in Manila

Energtek Inc., a world leader in the development of Adsorbed Natural Gas (ANG) technology, will sponsor the Compressed Natural Gas – Natural Gas Vehicle (CNG-NGV) Philippines Forum, to be held at the Diamond Hotel, Manila, on August 27-28, 2008. CEO Lev Zaidenberg is scheduled to chair a session on the “Commercial NGV Conversion of Three-Wheelers [...]

Tag: cng adsorption, cng adorption sotrage, cng in the philippines, cng ngv solutions inc, daily top news forum philippines

Mining firms raise bids in 3-way deal

Phelps Dodge has raised its bid for Inco, and Inco has raised its offer for Falconbridge, as the companies battle to protect their proposed $41 billion three-way merger and create the biggest mining company in North America.
The moves, announced Sunday, are aimed at thwarting a hostile offer from the Swiss-based Xstrata for Falconbridge and a [...]

Convention Center Hires Pepco for Solar Installation

The Atlantic City Convention Center plans to install what it says will be the largest single-building solar energy project in the U.S.
Under a 20-year agreement, the New Jersey facility will hire Pepco Holdings’ Pepco Energy Services to install the solar panels on 290,000 square feet — or about two-thirds — of its main roof.
The center [...]

Dozens of cranes sold at US$20 million Ritchie Bros. auction in Chicago

Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer, sold more than US$20 million of heavy equipment and trucks – including 61 cranes – at its unreserved public auction in Chicago, Illinois last week (July 16 17, 2009). More than 2,200 people from 49 U.S. states and 27 other countries registered to bid in person or [...]

Tag: chicago illinois auctions metals, ritchie bros advertising, imperial crane on heavy metal, us crane market, online crane auction

Arch Coal buys a stake in small Illinois mine operator

Six years after Arch Coal Inc. closed its last mine in Illinois, the company bought a minority stake in a small local producer to tap the growing demand for high-sulfur Midwest coal.
Arch on Wednesday said it got a one-third interest in Knight Hawk Coal of Percy, Ill., in exchange for $15 million and 30 million [...]

Cleveland-Cliffs Updates 2008 Iron Ore Revenue-Per-Ton Guidance; Provides Commentary on 2009 North American Iron Ore Pricing

As a result of the recently announced iron ore settlements between major Asia-Pacific iron ore producers and consumers, as well as the rising price of hot band steel, Cleveland-Cliffs Inc (NYSE: CLF) today updated its 2008 iron ore revenue and cost-per-ton guidance. In addition, the Company provided commentary on expected pricing for its North American [...]

Tag: iron ore producers cleaveland, average price of steel per ton, the cost of iron per ton 2008 and 2009, coal mining cost per ton, revenue per tons us

Abitex Resources Inc. announces acquisition of Central Uranium Corporation

Abitex Resources Inc. announce that it has now completed the acquisition of Central Uranium Corporation as per the terms of a share exchange agreement dated September 12, 2008, the whole subject to final regulatory approval. A total of 13,366,774 Abitex Shares were issued to Central shareholders in consideration for their Central Shares. In addition, [...]