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TVA May Bring Added Regulation Coal-fired Power Plant Investment
The deluge of ash from a coal-fired power plant that buried 300 acres of eastern Tennessee is sparking new state and federal scrutiny of the Tennessee Valley Authority, the largest U.S. public power company.
Bloom Lake Iron Ore Mine Exploration Project Reports
Consolidated Thompson Iron Mines Limited provides the following update on its Bloom Lake iron ore project:
Mine site development is progressing according to budget and is on schedule to meet the end of September 2009 production target.
With a current cash position of approximately C$260 million and based on the current construction schedule, the Company has [...]
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 [...]
Flooding at Canada Uranium Mine Is Tied to Blasting by Cameco
Cameco Corp. announced at 2:11 a.m. on Oct. 23 that its Cigar Lake uranium mine in northwest Canada had flooded after a “rock fall,” jeopardizing the world’s richest undeveloped source of nuclear fuel.
In the six months since, Cameco has said little about the circumstances behind a disaster that will delay production at its $25.5 billion [...]
Flooding at Canada Uranium Mine Is Tied to Blasting by Cameco
Cameco Corp. announced at 2:11 a.m. on Oct. 23 that its Cigar Lake uranium mine in northwest Canada had flooded after a “rock fall,” jeopardizing the world’s richest undeveloped source of nuclear fuel.
In the six months since, Cameco has said little about the circumstances behind a disaster that will delay production at its $25.5 billion [...]
Areva Targets Australian Uranium to Feed Nuclear Boom (Update2)
Areva SA, the world’s biggest maker of nuclear power plants, plans to boost its uranium reserves by buying Australian deposits or securing alliances with producers there amid soaring demand for the metal used in atomic reactors.
Areva, already the world’s third-biggest supplier of uranium, wants to double production by 2010, Philippe Portella, managing director of the [...]
Macquarie to Raise A$2 Billion in April Boart IPO, People Say
Macquarie Bank Ltd., Australia’s largest securities firm, plans to raise about A$2 billion ($1.6 billion) in an initial public offering of mining equipment maker Boart Longyear Group, two people with knowledge of the sale said.
Shares in Salt Lake City, Utah-based Boart will start trading on the Australian Stock Exchange in April, said the people, who [...]
Consolidated Thompson Initiates Environmental Impact Assessment to Develop the Bloom Lake Iron Ore Project
Consolidated Thompson-Lundmark Gold Mines Limited (TSX VENTURE: CLM) (”CLM” or “the Company”) is pleased to announce that by tabling project notification to government authorities; it is initiating steps in the environmental impact assessment procedure to obtain certificates of authorization for the development of the Bloom Lake Iron Ore project.
