New surveys of regulators and consumers conducted by Deloitte LLP find many people are willing to pay higher prices for electricity, if the costs help reduce global warming.
Most of the 50 state public utility regulators interviewed think the costs of electricity will rise next year because of fuel costs, environmental compliance and capital costs.
But 62 [...]

Buckeye Industrial Mining received a $200,000 state grant to help with a $15 million project that is expected to benefit from Baard Energy’s proposed $5 billion coal-to-fuel conversion plant.
The Ohio Rail Development Commission this week awarded Buckeye Industrial a $200,000 grant the company will use as part of its plans to create a facility for [...]

Buckeye Industrial Mining received a $200,000 state grant to help with a $15 million project that is expected to benefit from Baard Energy’s proposed $5 billion coal-to-fuel conversion plant.
The Ohio Rail Development Commission this week awarded Buckeye Industrial a $200,000 grant the company will use as part of its plans to create a facility for [...]

Oil futures ended a whipsaw session slightly lower, as the expiration of options played havoc with prices, driving crude near record high levels at times and down by more than $3 a barrel at others. Retail gas prices, meanwhile, advanced past $3.77 a gallon.
Options let investors bet oil prices will rise or fall in the [...]

In its weekly report, the Energy Department’s Energy Information Administration (EIA) said gasoline inventories fell by 1.7 million barrels, or 0.8 percent, to 210.2 million barrels last week — 5.9 percent above year-ago levels, the Energy Department’s Energy Information Administration said in its weekly report.
Analysts expected stockpiles of gasoline to fall by only 800,000 barrels, [...]

The export of metals and minerals is expected to grow in the coming financial year as mining projects expand or start production to capture demand from the urbanisation and industrialisation of emerging economies.
The federal government said in its 2007/08 budget papers that “non-rural commodity exports are expected to grow” as new projects and expansions come [...]

OJSC Priargun Mining and Chemicals Association, Russia’s biggest uranium mining enterprise, saw its net profit plummet 71.4% year-on-year in the first quarter of 2008 to 20.02 million rubles. Priargun, located in the Chita region, said in a financial statement that sales revenue rose 15.3% to 1.671 billion rubles and that costs rose more than 17% [...]

Brown coal, a low grade of coal, has been ignored in China because it’s not easily exploited.
But, Victoria state in southwestern Australia, has been seeking brown coal opportunities with China and solving environmental problems by its mining and utilization.
“It’s actually quite significant for China to exploit brown coal because its energy needs have grown, and [...]

Indonesia has denied that it will set a quota for coal exports as it wants to reserve the coal for future use.
The reports had prompted rising interest in the country’s natural resources from energy-hungry China and India.
The reports were baseless and the new mining law likely to be passed by Parliament by June would in [...]

Diavik Diamond Mines Inc. (DDMI), operator of the Diavik Diamond Mine, is pleased to provide this first quarter update.
Diavik continued to build on its strong safety record with zero lost time injuries, two medical treatments and an all injury frequency rate of 0.37 during the first quarter of 2008. DDMI was notified that for its [...]