Inco

News tagged with Inco on Mining Top News

More scrutiny for Agassiz Energy LLC ethanol plant; MPCA to recommend more stringent EIS

March 25th, 2008
More scrutiny for Agassiz Energy LLC ethanol plant; MPCA to recommend more stringent EIS

Plans to build an ethanol plant near Erskine have suffered another setback, with the Minnesota Pollution Control Agency set to recommend that the project, proposed by Agassiz Energy LLC, complete a detailed Environmental Impact Statement before proceeding further. The recommendation comes as a result of the project’s 70-page Environmental Assessment Worksheet and its review process, [...]

Victory Nickel Defines Deep Drill Targets with Geophysics at Minago Project

March 21st, 2008
Victory Nickel Defines Deep Drill Targets with Geophysics at Minago Project

Victory Nickel Inc. (”Victory Nickel” or the “Company”)(TSX:NI - News; www.victorynickel.ca) today announced that recent re-interpretation of an airborne electromagnetic and magnetic survey identifies drill targets at the Minago nickel project extending to a vertical depth in excess of 1.5 kilometres and confirms the potential for a continuous mineralized body linking the Nose Deposit and [...]

Zinifex wins control of Allegiance Mining

March 19th, 2008
Zinifex wins control of Allegiance Mining

ZINIFEX Ltd has prevailed with its $790 million, three-month takeover battle for Allegiance Mining NL, announcing it has gained control of the nickel miner.
Lead and zinc miner Zinifex, which was born from the ashes of the failed Pasminco Ltd, said it had increased its stake in Allegiance to 51.1 per cent from 44.78 per cent [...]

Abraxas Petroleum net income up

March 19th, 2008
Abraxas Petroleum net income up

Abraxas Petroleum Corp. reported results for 2007 Tuesday, saying its net income rose to $56.7 million, or $1.22 a share, compared with net income of $700,000, or 2 cents a share, for 2006.
The company said the results consolidate income from the limited partnership it formed last year — Abraxas Energy Partners LP. Abraxas said [...]

Petroleum Development Corp. Profit Increases 2.5 Percent in 4th Quarter on Higher Output

March 19th, 2008
Petroleum Development Corp. Profit Increases 2.5 Percent in 4th Quarter on Higher Output

Petroleum Development Corp. late Monday reported its profit rose 2.5 percent in the fourth quarter as production grew sharply.
Net income for the three months through December increased to $8.2 million, or 55 cents per share, from $8 million, or 54 cents per share, a year earlier.
Analysts surveyed by Thomson Financial had expected the company to [...]

Moncton wants N.B. to ban uranium mining

March 19th, 2008
Moncton wants N.B. to ban uranium mining

City council in Moncton, N.B., voted unanimously Monday night to call on the province to ban all uranium exploration and mining in New Brunswick.
The councillors are particularly worried about uranium exploration on the outskirts of the city.
The mining giant Vale Inco (formerly known as CVRD-Inco) is exploring for uranium south and west of Moncton.
A smaller [...]

U.S. Energy Corp. Provides Review of 2007 and Operations Update

March 18th, 2008
U.S. Energy Corp. Provides Review of 2007 and Operations Update

U.S. Energy Corp., a diversified natural resource company with interests in molybdenum, oil and gas, gold, and real estate, today provided a review of 2007 results and an update on current operations for its primary business segments.
Review of 2007 Accomplishments
The year ended December 31, 2007 was the most profitable in U.S. Energy Corp.’s history, due [...]

Uranium Resources Announces Fourth Quarter and Year-End 2007 Earnings Teleconference and Webcast

March 11th, 2008
Uranium Resources Announces Fourth Quarter and Year-End 2007 Earnings Teleconference and Webcast

Uranium Resources, Inc. (NasdaqGM:URRE - News) (“URI”), a uranium exploration and mining company with resources in Texas and New Mexico, announced today that it has scheduled a teleconference and webcast for Monday, March 17, 2008, at 1:30 PM Eastern Time. The Company will issue its earnings release for the fourth quarter and year-end 2007 on [...]

Emu Nickel Identifies Strong VTEM Anomalies At Kambalda Nickel Project

March 9th, 2008
Emu Nickel Identifies Strong VTEM Anomalies At Kambalda Nickel Project

As Emu Nickel recently reported (ASX release 26 February 2008), a 1,266 line-km Versatile Time Domain Electromagnetic (VTEM) was flown by Mincor Resources over several target areas within the Kambalda West Joint Venture tenements in December 2007.
Emu’s analysis of the results of this extensive survey has identified 10 strong VTEM anomalies each with characteristics [...]

Genera 2008, the International Energy and Environment Fair

February 7th, 2008
Genera 2008, the International Energy and Environment Fair

Genera-08, the International Energy and Environment Fair, will provide the framework for the staging of two business meetings among international companies on 27th and 28th February. One of these meetings forms part of an AL-Invest Programme run by the European Union, whilst the other is a ´Brokerage Event´ that will focus on the transfer of [...]