Coal-fired power plant northeast of Las Vegas could be in for renovation if Nevada Power Company gets approval.

The utility is responding to federal E-P-A air quality violation letters with a proposal to expand and upgrade the Reid Gardner station — about 50 miles Las Vegas.

A scoping meeting is set next week.

The plan would include getting permission to build new evaporation ponds and a fly ash storage yard on nearby federal land. Read more » »

Sydney shares closed Friday’s session significantly higher on the positive thrust provided by mining and banking sector stocks.

The benchmark S&P/ASX 200 index gained 30.6 points or 0.58% to settle at 5,290.0, after hitting a high of 5,314.5 and a low of 5,274.9. The key index advanced 1.3% over the trading week.

The All Ordinaries Index rose 30.0 points or 0.57% to end at 5,253.9. About 1.35 billion shares worth A$4.53 billion were traded, with gainers outplaying losers by 669 to 441, while 339 issues remained steady. Read more » »

Mining on the Eastern limb of South Africa’s Bushveld complex – the world’s largest resource for platinum group metals (pgms)- could demand higher palladium and platinum prices than required for mining on the Western limb, says a resources analyst.
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The Australian share market has improved after gains by the mining and energy sector.
The ASX 200 is up 31 points to 5,290, while the All Ordinaries Index has added 30 points to 5,254.

Grain companies have lost value as a result of the worsening drought.
Graincorp has announced it will receive as little as two million tonnes of grain this year after a terrible season in the eastern wheatbelt. Read more » »

Unico, Incorporated (OTC BB:UCOI.OB - News), a natural resource company in the precious metals mining sector, today announced the expansion of its initial agreement with Talon Resources, Inc. to include additional consulting services for the bonding and permitting requirements of the new construction and milling activity at the Deer Trail Mine property in Marysvale, Utah.
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ohn H. McAdam, President of Boulder Mining Corporation (”Boulder”) (TSX VENTURE:BDR - News) and Ron Oligney, President of Opal Energy Inc. (”Opal”), of Katy, Texas are pleased to provide an update on Opal’s field activities.

Sue-Ann Tacquard # 1 Well - (50% working interest for South Texas Funding Partners)

Based on the results from Well Logging and Repeat Formation Testing, the decision has been made to complete, for production, the Sue-Ann Tacquard #1 Well located in Galveston Co., Texas. The schedule for completion of the well and initial production tests will be provided in due course. Read more » »

Senior reporter Nancy Roth of Fuel Cycle Week magazine, a trade publication covering the nuclear energy industry, praised StockInterview’s “Investing in the Great Uranium Bull Market,” as an ‘antidote to information chaos’ and helping to “separate hype from reality.”

Senior reporter Nancy Roth of Fuel Cycle Week magazine, a Washington, DC-based trade publication covering the nuclear fuel cycle for the utilities industry, praised StockInterview’s “Investing in the Great Uranium Bull Market,” as an ‘antidote to information chaos’ and helping to “separate hype from reality.” Read more » »

Purepoint Uranium Group Inc. (TSX VENTURE: PTU) announced today the results of their electromagnetic and magnetic survey on its 100 percent owned, 10,500 hectare Fire Eye property located in the Canadian Athabasca Basin, host of the world’s premier uranium deposits.

Highlights:

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The global energy crunch has meant growing demand for Wyoming’s oil, gas and coal, but the state is also seeing a major resurgence of interest in its plentiful supply of uranium.

Skyrocketing uranium prices over the past three years have sent companies scrambling to explore new claims, including several in Wyoming, which leads the nation in production.

The industry is small when measured against coal or gas, so even a major uranium boom would seem modest by comparison. According to the Wyoming Mining Association, 2004 mineral royalties for uranium were around $1 million. Read more » »

Wavefront Energy and Environmental Services Inc., a provider and licensor of proprietary technology for improved oil recovery and groundwater remediation is pleased to announce that it has entered into a royalty interest agreement with Greentree Gas and Oil Ltd. (”Greentree”) for a producing horizontal gas well in South Walsingham Township, Norfolk County, Ontario.
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