Search Results
Usibelli’s Estimate Coal Mine Resource in Alaska’s
Steve Denton, Usibelli’s vice president for business development, believes his company could supply coal to a new mine-mouth coal-fired power plant, such as one proposed by Usibelli at Emma Creek, for $1.50 to $2 per million British Thermal Units, which could be one-third to half the cost that gas brought to Interior Alaska from the [...]
Mining Exploration Regulation Alaskans to Vote on Mining Regulation Proposal
Alaskans in the primary election will vote on Ballot Measure 4, an initiative that opponents say will kill large-scale mining in Alaska but supporters say will save Bristol Bay’s wild salmon streams from a toxic spill at the Pebble Mine.
Supporters of Ballot Measure 4 say it is needed to protect the world’s most productive wild [...]
Cominco makes $14 billion deal in W.Va. for Coal Mine Industry Expansion
A global consolidation of the coal industry is shifting into overdrive.
Mining giant Teck Cominco said July 29 it will buy up all of the Fording Canadian Coal Trust for close to $14 billion in cash and stock. The deal is just the latest in a growing string of giant acquisitions centered on coking coal, a [...]
XTO Energy Acquires $2.5 Billion from Dominion
XTO Energy Inc. announced today that it has agreed to purchase natural gas and oil properties from Dominion Resources, Inc. of Richmond, Virginia for $2.5 billion. These long-lived producing properties expand the Company’s operations in its Rocky Mountain Region, the San Juan Basin and South Texas. XTO Energy’s internal engineers estimate proved reserves to be [...]
Utah, Colorado rival OPEC oil reserves, lure Chevron, Exxon, Shell
Colorado and Utah have as much oil as Saudi Arabia, Iran, Iraq, Venezuela, Nigeria, Kuwait, Libya, Angola, Algeria, Indonesia, Qatar and the United Arab Emirates combined.
That’s not science fiction, according to Bloomberg News. Trapped in limestone up to 200 feet (61 meters) thick in the two Rocky Mountain states is enough so-called shale oil to [...]
Canadian mining company has opted to surrender its rights to explore for coal in the Chickaloon area
A Canadian mining company has opted to surrender its rights to explore for coal in the Chickaloon area of the Matanuska-Susitna Borough.
The plan by Full Metal Minerals Ltd. to mine coal on Alaska Mental Health Trust land was scrapped in the face of community opposition and geological problems, a spokesman said April 26.
Industry praises drilling proposal
The Interior Department’s rollout Monday of a finalized proposal to open 48 million acres of off-limits federal waters for exploration and drilling drew praise from the oil and gas industry, though some said the move would barely tap vast undiscovered resources.
“Most U.S. offshore areas in the lower 48 states and some 80 percent of the [...]
Industry praises drilling proposal
The Interior Department’s rollout Monday of a finalized proposal to open 48 million acres of off-limits federal waters for exploration and drilling drew praise from the oil and gas industry, though some said the move would barely tap vast undiscovered resources.
“Most U.S. offshore areas in the lower 48 states and some 80 percent of the [...]
Mining company returns Chickaloon leases
A Canadian mining company has opted to surrender its rights to explore for coal in the Chickaloon area of the Matanuska-Susitna Borough.
The plan by Full Metal Minerals Ltd. to mine coal on Alaska Mental Health Trust land was scrapped in the face of community opposition and geological problems, a spokesman said April 26.
