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Random News from Mining Top News

House Republicans put off offshore oil drilling bill

House Republicans on Tuesday postponed action on what was to be one of the last major legislative achievements of this session of Congress, a bill to open a large area of the eastern Gulf of Mexico to oil and gas drilling.
Republicans gave no reason for the decision not to vote on the Senate plan to [...]

Brazil’s Vale says Xstrata talks fail

Vale , the world’s largest iron ore miner, said on Tuesday that talks aimed at buying Swiss rival Xstrata had failed and that Vale would look at other potential takeover targets.
“Given that an agreement was not reached, discussions between the parties have been discontinued,” Vale said in a statement to the local market regulator. Vale [...]

Dawn of new copper age spurs mining ­merger mania

ANOTHER day, another astounding twist in the gripping M&A pot-boiler that is Canadian miner Inco’s attempted marriage to its local rival Falconbridge. This time the romance may lead to the birth of a new mining giant.
Weeks before Swiss miner Xstrata’s all-cash bid for Falconbridge was set to go before shareholders, Inco, Falconbridge and Arizona-based copper [...]

States urge EPA to tighten rules on coal plants

New York and 15 other states on Tuesday urged federal regulators to put teeth into a proposed pollution rule aimed at making U.S. electric utilities reduce smog and global warming emissions when they expand or modernize their coal-fired power plants.
“Pollution from coal-burning power plants and other facilities cause real problems throughout the United States [...]

Sarissa Resources Inc. Shining Tree Property Fall Exploration Program

Sarissa Resources Inc. announces a follow-up exploration program at the O’Connor-Asquith gold property in the Shining Tree district of northern Ontario.
The Shining Tree property consists of 16 claim units in the townships of Asquith and Churchill in the Shining Tree district. On a regional scale the property is located within the prolific Abitibi greenstone belt [...]

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Takara Resources Inc.: Update-South African Coal Applications and Other Projects

Takara Resources Inc. announces that it has been actively addressing the criteria required by the South African Department of Minerals and Energy, in order to obtain prospecting rights on 5 projects prospective for coal, all of which are located in a region that is active in coal exploration and production.
Over the summer, Takara has, together [...]

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EIA Issues Production Study for Arctic Refuge

Opening the Arctic National Wildlife Refuge in Alaska to oil and gas production would increase U.S. crude oil production by an additional 780,000 barrels per day by 2027, according to a government study.
The report, prepared by the Energy Department’s Energy Information Administration for Sen. Ted Stevens, R-Alaska, says petroleum from the area would cut U.S. [...]

Midway Strikes Porphyry Gold at Big Leap Zone Spring Valley, Nevada

Midway Gold Corp. has drilled new gold intercepts north of the Spring Valley resource in the newly defined Big Leap Zone. Intercepts in the zone include SV08-436 with 5 feet of 0.667 ounces per ton (opt) gold within 110′ of 0.061 opt gold and SV08-432 with 25 feet of 0.294 opt gold within 40 feet [...]

Opponents get their say about Howard Twp. Moose Lake mining operation

Public comment is now closed on Moose Lake Aggregate’s quest to expand its mining operation in Howard Township.
Most of the final two hours of opposition comments heard by the township’s planning commission this past week came from four long-time gravel pit foes, Larry and Lucyle Eckler, who own a neighboring specialty crop farm and are [...]

Tag: moose lake mine, moose lake aggregates

Petro-Canada Releases Updated Cost Information for the Fort Hills Project

Petro-Canada, the operator and a 60% owner of the Fort Hills Project (Project), along with its Partners in the Fort Hills Energy Limited Partnership, said today that the preliminary results of the Front-End Engineering and Design (FEED) work suggests that estimated costs for the Fort Hills Project have risen considerably. The Project, as currently conceived, [...]

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