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Random News from Mining Top News

Tiger Resources Limited – Resolution of Potential Contract Dispute at Kipoi Project

September 16th, 2009

Tiger Resources Limited to advise the potential dispute in respect of the contractual arrangements governing the Kipoi project has been resolved.
Managing Director David Young said: “With what appears to be the start of another period of relatively high copper prices the board of directors took view that it was in the Company’s best interests to [...]

SWEPCO Says It Will Build Coal-Powered Plant in Fulton, Arkansas

August 12th, 2006

Southwestern Electric Power Co. said that a coal-fueled, 600-megawatt power plant will be built on a site near Fulton in southwest Arkansas.
The $1.3 billion plant announced Wednesday by SWEPCO is part of a plan that includes gas-powered plants at Tontitown in northwestern Arkansas and at Shreveport, La. The plant near Fulton, in Hempstead County, would [...]

South Korea Pledges $10 Million Towards Zero-Emissions Coal-Fired Power Plant

June 28th, 2006

South Korea has pledged $10 million to help build and operate the world’s first zero-emissions coal-fired power plant. Once operational, this plant will remove carbon dioxide from the atmosphere, while producing electricity and hydrogen, making it the environmentally cleanest fossil fuel fired power plant in the world.
The $1 billion FutureGen initiative is a [...]

Wyo coal finds another customer

November 29th, 2006

A Canadian company has shut down its 35-year-old coal mine in Washington state, throwing 600 people out of work, but plans to keep a major generating plant running with coal from Wyoming.
TransAlta Corp. has signed long-term contracts with Rio Tinto Energy America and Peabody Energy for coal with less sulfur and mercury from the [...]

Atlantic Petroleum Completes Faroes Block 013 & 014 Seismic Survey

September 1st, 2006

Atlantic Petroleum reports that the acquisition of 1089km of block specific 2D long offset seismic data over Faroes Blocks 013 & 014 in partnership with the blocks’ operator, Geysir Petroleum. The 2D grid was acquired by Inseis AS using a single source and single streamer from the Bergen Surveyor vessel during July and August 2006. [...]

Namibian uranium mining is booming

May 3rd, 2007

Analysts at IJG Securities say that the Namibian Uranium mining industry is booming, with 65 mining licenses still awaiting approval.
In a research note published this morning, the analysts mention that the Namibian Ministry of Mines and Energy stopped issuing licenses after October 2006. Only 15 prospecting licenses have been approved for a duration of one [...]

In impoverished Central Asian valley, coal mining is a perilous life

May 11th, 2008

In the impoverished Ferghana Valley in Kyrgyzstan, illegal coal mining is a dirty, dangerous part of the underground economy.
After the huge Soviet mines in the region closed in the 1990s, jobless men and boys started their own small operations, using picks and shovels to claw coal out of the mountains. Some are as young as [...]

Heinz Sets Greenhouse Gas Reduction Goal

May 28th, 2008

H.J. Heinz Co. plans to reduce its greenhouse gas emissions by 20 percent within about 7 years.
Chief Executive Bill Johnson says Heinz is finding new ways to reduce its environmental impact, which includes converting potato peels into biofuel and reducing packaging by 15 percent.
Heinz says it will cut energy consumption and reduce waste through increased [...]

Drilling Commences on Radio Hill Property

May 17th, 2008

Golden Chalice Resources Inc. is pleased to announce that drilling has commenced on the Company’s Radio Hill Property, which is located approximately 76 kilometres southwest of Timmins, Ontario. The Radio Hill Property has potential to host gold, nickel, copper, zinc or iron ore deposits.
A historical non-compliant 43-101 resource was calculated for the iron mineralization on [...]

Bandolac Mining Company, Limited New Corporate Name

October 30th, 2008

Bandolac Mining Company, Limited announced it had formally changed its name and will conduct business under the name “Schyan Exploration Inc./Exploration Schyan Inc.”.
The Company also confirmed Mitchell E. Lavery has been appointed by the Board of Directors to serve as President. Mr. Lavery, a registered professional Geologist in the Province of Quebec, is a self [...]