PACIFIC ASIA CHINA ENERGY INC. announced the closing of the plan of arrangement under which Green Dragon Gas (”Green Dragon”), through its wholly-owned direct and indirect subsidiaries, GREKA China Ltd. and GREKA Acquisitions Ltd. (”GREKA”), acquired all of the Company’s outstanding shares at a price of CDN$0.35 per share in cash, for total cash proceeds [...]

State environmental regulators on Tuesday halted the remaining in-stream mining operations along Crooked Creek, saying it would be unfair to extend existing permits less than a month after turning away similar operations.
The permits had been up for renewal.
“We just denied three applications, [and ] there are still five [operations ] out there. Do we let [...]

Canadian mining companies are leading the industry worldwide in certain areas of financial reporting, but the transition to International Financial Reporting Standards is an emerging challenge, according to a survey released by KPMG.
The 2006 KPMG International report, entitled Global Mining Reporting Survey, found that Canada is ahead of the pack in disclosing reserve and resource [...]

The Arkansas Department of Environmental Quality may issue a final decision this week about whether gravel mining should be allowed in three areas of Crooked Creek.
In October, the agency initially denied the request of two Mountain Home companies to mine gravel on three sites that are within two miles of each other on Crooked Creek.
Guy [...]

A Nebraska-based irrigation manufacturing and well drilling company has expanded its operations to Aurora.
Sargent Drilling, founded in 1937 and now headquartered in Broken Bow, purchased the former Flodman Plumbing building on E Street and began offering sales and service earlier this year.
“To service ag customers you have [...]