Archive for the 'Energy' Category

Total adds fuel UTS dispute - French energy giant tells shareholders’ decision represents a significant contribution

Total adds fuel UTS dispute
French energy giant tells shareholders’ decision represents a significant contribution
CALGARY - What began as a simple absorption of a hostile bid into a war, how much new oil sands projects today, as the French energy giant and its Canadian owners of the quarry has already added fuel Simmering dispute.
In an interview [...]

Mining News: UK Stocks Retreat, Led by Mining Companies; Rio, BHP Drop

(Bloomberg) - UK stocks declined by the most in almost a month, led by the decline in mining and energy companies on fears that a global recession is deep, commodity prices hurt demand.
Rio Tinto Group and BHP Billiton Ltd. lost more than 8 percent on speculation the company may have to cut the price of [...]

TSX plunges as oil Falls on OPEC inaction

TSX causing a fall in oil OPEC inaction
Toronto - The Jakarta Stock Exchange main index tumbled on Monday morning, after a six-day streak in positive territory, in a broad selloff led by energy shares, which declined with the price of oil.
Stocks that helped pull the market lower, including oil company EnCana Corp., down 8.8 percent [...]

Mining News: That Was The Week That Was In Canada

That Was The Week That Was … In Canada
By Our Canadian Correspondent
Minews. Now over to our Canadian correspondent for a look at how the Canadian markets performed during the previous week.
CC. Tax loss selling seemed to be the story of the week on the Canadian markets, with the gloomy economic outlook prompting investors to move [...]

London Agrees to mining $ 5 million with Escrow Wits Basin

MINNEAPOLIS, Wits Basin Precious Minerals Inc. announced today that London Mining Plc and Wits Basin have reached an escrow agreement which London mining lodging U.S. $ 5000000 for the benefit of parties’ joint venture for the purchase of Maanshan Xiaonanshan iron ore mine and Sudan Nanjing processing plant (collectively known as Xiaonanshan Mine) located in [...]

Andean American Mining receives excellent report metallurgy Knelson gravity solutions for the project Invicta

VANCOUVER, BRITISH COLUMBIA, Andean American Mining Corp. has received the final report of Knelson Gravity Solutions for recovering of high quality gold and polymetallic ore of the Invicta Project, Peru. The main purpose of the test was to determine the seriousness of recovery using Knelson continuous variable discharge (CVD) technology.
The results of the test sample [...]

SRA at Place MTZ mining complex on care and maintenance

TORONTO, ONTARIO, Strategic Resource Acquisition Corporation, announced it is opening a temporary custody and maintenance at its wholly owned subsidiary Mid-Tennessee zinc mining complex (MTZ).
The decision follows a thorough assessment of many scenarios and projections zinc prices that leave little support for continued operations under the current market price and credit environments. Since production began [...]

Iron Range mining industry has yet to feel the impact

Virginia, Minnesota - The mining industry on the Iron Range has yet to feel the effects of the financial crisis that the slowing U.S. economy, but experts say some new projects May be affected.
Officials with Cleveland Cliffs and U.S. Steel said that there was no change in the taconite production at five plants on their [...]

Market Headquarters spoke with CEO of Great Western Mining Corporation

DUBLIN, Ireland,- Market Headquarters announces audio interview with Mr. Emmett O’Connell, president and CEO of Great Western Mining Corporation (GWMC), which deals with the company to all the projects and progress in today’s market. Mr. O’Connell spoke of the company’s current and interests of progress, and their goal. It also refers to the recognition of [...]

The extraction of uranium Security raises skepticism

Delegate Clarke Hogan is very skeptical that uranium can be operated safely in Southside Virginia, but considers that the State will support a study of mining.
“At this point, I do not see proof that you can uranium mine safety,” Hogan, R-South Boston, said Wednesday.
The extraction of uranium has been banned in Virginia since the early [...]