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Random News from Mining Top News

Coal owner has less-than-clean history

ROUNDUP, Mont. — Success has for years lurked just around the corner for John Baugues Jr., a coal mining entrepreneur who arrived here in 1995 after starting and folding a string of mines in his native Tennessee.
Taking control that year of Bull Mountain Land Co., which has an estimated 340 million tons of coal [...]

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Coal: The future fuel of hipsters

It’s a little weird, but one of the big topics at the Cleantech Forum taking place this week is coal.
“Coal is going to be an enduring fuel source for the next 50 years, or even the next 100 years,” said Kevin Skillern, senior vice president of General Electric Energy Financial Services.
Skillern’s comment was similar to [...]

Tag: what is coalteks technology

SDRL – Seadrill takes delivery of the ultra-deepwater drillship West Polaris

Seadrill is pleased to report the delivery of the ultra-deepwater drillship West Polaris from Samsung Heavy Industries. The drillship will leave Korean waters tomorrow after completing fuelling and some general mobilisation activities en route to its first drilling assignment for Exxon in Brazil. West Polaris was delivered 10 days after original contract schedule with a [...]

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Mantis Mineral Corp. encouraged by drilling at Orphan and Foisey

Mantis Mineral Corp. announce that 8-holes totaling 1,483-meters have been completed at its Foisey site on the 100% owned Orphan Mine Project and assay results have been received.
The results from this drill program determined the Foisey system to be an anomalous gold bearing geologic structure along an 850-meter strike length, with a potential length of [...]

Old coal mine camp slowly disappears beneath houses

The drive on a two-lane road going north from Waukee makes Mary Ladurini’s stomach queasy.
Along the roadway, new houses are popping up daily around the intersection of 280th Street and Alice’s Road ”” about two miles north of Waukee. Ladurini, 71, of Grimes, predicts the subdivision will replace the small square four- and five-room houses [...]

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Vena Acquires 100% of Coal Company in Peru and Provides Development Plans for Peruvian Anthracite Coal Market

Vena Resources Inc.announces it has now acquired 100% of Sudamericana de Carbon (SDC), a Peruvian company focused on the exploration, development and mining of anthracite coal. As previously announced on February 26, 2008, Vena had entered into an agreement with SDC whereby Vena could earn a 70% interest in SDC by spending US$2.5 million in [...]

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Amur Minerals boosts value of Russia nickel deposit

Amur Minerals Corp. , looking for nickel and copper in Russia’s Far East, said on Monday its valuation had risen 43 percent after a survey of its main deposit by independent firm SRK Consulting.
The London-listed company said SRK’s “in the ground” valuation of the company was $90-110 million, versus $60-80 million when the firm was [...]

Sago mine documentary ‘emotional’

Harlan County native Carl Shoupe hasn’t met the families who lost loved ones in West Virginia’s Sago Mine disaster. But he shares a brotherhood with them as a former coal miner, and he recently helped re-enact the tragedy in a Discovery Channel feature.
The Discovery Channel filmed part of the two-hour documentary Sago Mine Disaster: On [...]

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Inca Pacific Initiates Final Feasibility Study for Magistral Copper-Molybdenum Deposit

Inca Pacific Resources Inc. has initiated a final feasibility study and awarded contracts to engineering firms for the Magistral copper-molybdenum project located in Ancash, Peru. The final feasibility study will be of a form and content that will satisfy the requirements of banking institutions to provide financing to construct a mining operation at Magistral. [...]

Magellan Petroleum spuds Keeley-1 in Cooper Basin SA

Magellan Petroleum Corporation has announced that its 100% owned subsidiary, Magellan Petroleum Australia Limited advises that the Keeley-1 exploration well spudded in PEL 107 in the Cooper Basin of South Australia on October 22. Keeley-1 is the first of a further two farmin wells in PEL 107 in which Magellan will participate under an arrangement [...]

Tag: pel 107 south australia