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Random News from Mining Top News

BreitBurn Energy Partners L.P Increased Cash Distribution

BreitBurn Energy Partners L.P told the press that a cash distribution of $0.52 per unit for the second quarter 2008, or $2.08 per unit on an annualized basis, for all of its outstanding units, which will be payable on August 14th, 2008 to the record holders of common units at the close of business on [...]

Temex : Drilling intersects high grade silver Gowganda Silver Project

Temex Resources Corp. is pleased to announce results from a Phase I drilling program completed on its wholly-owned Gowganda Silver Project (“the Property”). The Property contains the Miller Lake O’Brien Silver Mine, the largest past producing Cobalt-style silver mine outside of Cobalt, Ontario. It was operated by Miller Lake O’Brien Mines (1910-1944) and later by [...]

Tag: cobalt ontario silver mines

Union Sues Feds Over Coal Mine Air Packs

The coal miners’ union is suing the government to ensure miners have working oxygen supplies and know how to use them.
The suit by the United Mine Workers of America comes a day after Congress passed sweeping legislation overhauling mine safety rules. The union backed the legislation but said its lawsuit deals with separate concerns.
UMW president [...]

Union Pacific reports record coal hauling from Wyoming mines

Union Pacific hauled 194 million tons of coal away from northeast Wyoming mines last year, the railroad reported Monday.
Much of that coal comes through Nebraska on UP lines headed to utilities farther east. The company’s headquarters is in Omaha and it employs about 8,000 people in Nebraskas.
The railroad’s coal traffic last year was up 15 [...]

Tag: union pacific railroad coal hualing

China has 59b tons of proven iron ore reserves

The proven iron ore reserves in China are 59.39 billion tons, according to the Ministry of Land and Resources.
The iron content of the reserves is 30 to 35 percent on average and 41.5 billion tons among the total reserves is magnetite, the ministry said in a statement posted on its Web site.
It noted that China [...]

Tag: iron ore proven reserves

ASX investigates junior mining company

A second junior mining company, Frontier Resources, has come under the scrutiny of the Australian Stock Exchange (ASX) after it released exploration results that doubled its share price.
Shares in Queensland copper explorer Cudeco remain in a trading halt, pending an investigation into drill results.
One of the caveats on explorers releasing information to the market is [...]

IDNR urged to find Banner area unsuitable for strip mining

Village President Ken Fuller this week presented the head of the Illinois Department of Natural Resources (IDNR) a petition urging the department to declare an area near Banner unsuitable for coal mining. Reports of geological studies, archeological findings, and other documents also were presented.
Fuller drove Tuesday to Springfield and delivered hundreds of pages of documents [...]

Nickel hits new record high, aluminium easier

Nickel hit a new record high of $35,700 a tonne on Wednesday as supply jitters resurfaced, while aluminium softened despite market fears of a potential squeeze, analysts said.
Aluminium for three-month delivery on the London Metal Exchange eased to $2,678 a tonne from Tuesday’s $2,681 close, while nickel ended up more than 5 percent at $35,500 [...]

China Reports 3.78Mt of Nickel Ore Imports Last Year

China imported 3.78 million tonnes of nickel ore last year, a 6.8-fold increase compared with the previous year, according to statistics released by the General Administration of Customs.
Total nickel ore imports amounted to RMB 3.41 billion ($440 million) in 2006, 1.5 times the amount for 2005. However, average import prices declined by 67.7% to RMB [...]

White Energy’s Successful Production of Upgraded Coal at Cessnock Plant

White Energy Company Limited confirmed that it has successfully produced upgraded coal at its binderless coal briquetting plant at Cessnock, New South Wales.
Having completed construction eight weeks ago, key elements of the commissioning phase are now finalised with all relevant certifications for running the Plant being received at the end of last week. At the [...]

Tag: binderless coal briquetting process, white energy briquette, komarek binderless briquettes, coal briquetting process, binderless coal briquetting