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India Iron Ore Industrial Change and Development
India is the world’s third-biggest supplier of iron ore after Australia and Brazil. Here are some key facts about the Indian industry :
PRODUCTION :
- India produces more than 200 million tonnes of iron ore annually and exports about half of that.
- There are about 500 mines, half of which are operational. These mines are held [...]
Australian Coal Mining Development Company, CoAL Expands Mooiplaats Coal Mine Project
Australian coal development company Coal of Africa Limited (CoAL) has started additional production-related drilling, as well as drilling to identify the site for the second decline shaft, on the farms neighbouring the company’s Mooiplaats coal project, in South Africa’s Mpumalanga province.
Rusian Mining Exploration Company, Russia’s Norilsk Nickel Stretches From Arctic to SA, US to Australia
In July 2007, a Canada-domiciled mining company was acquired by a Russian group for $5,2-billion. That company was LionOre, and it had assets in Southern Africa – an 85% share in Tati Nickel, in Botswana, and a 50% stake in Nkomati Nickel, in South Africa.
LionOre’s buyer was the giant Russian mining and metallurgical group, OJSC [...]
Oil and gas lease buyback proposed
The Wyoming Game and Fish Commission has endorsed an unusual proposal to buy back oil and gas leases in the Wyoming Range.
Some 150,000 acres of the 750,000-acre Wyoming Range in the western part of the state were leased between the 1960s and 2003 for oil and gas drilling. Another 44,700 that were leased or eyed [...]
Outer Continental Shelf Opened Wide for Oil, Gas
Secretary of the Interior Dirk Kempthorne Monday announced a federal program to increase oil and natural gas production on the U.S. Outer Continental Shelf in the Gulf of Mexico and off Alaska.
Kempthorne said the energy developments could produce 10 billion barrels of oil and 45 trillion cubic feet of natural gas over 40 years, generating [...]
Armtec Infrastructure Income Fund delivers revenue and cash flow growth for 2006
Armtec Infrastructure Income Fund today reported financial results for the year and fourth quarter ended December 31, 2006 and finishes the year on a positive note.
“2006 was a very important year with several key accomplishments as we continued to execute on our growth strategy. Operating results improved in every measure of performance as we benefited [...]
Northern Michigan investing time into energy
Michael and Tammy Buttigieg live the rustic Northern Michigan life.
Their log cabin home overlooks God’s country, where acres of trees nestle along a flowing creek.
On a recent afternoon, Michael hears the humming.
“It’s music to my ears,” Buttigieg said. “When you do hear it, it’s soothing.”
When the Buttigiegs made the move to Northern Michigan in 1998, [...]
Gold Price Outlook a key topic of Wall Street Transcript Gold Issue
The Wall Street Transcript has just published its Gold issue, a report offering a timely review of the sector to serious investors and industry executives. This 88-page feature contains a roundtable panel and industry commentary through in-depth interviews with top management from 22 firms. This issue also contains an “Off the Record” Review of Management [...]
Gulf drilling plan moves ahead
House vote is likely today; Senate expected to follow suit.
An 8.3-million-acre swath of the Gulf of Mexico off Florida’s coast would be open to oil and gas drilling as part of a deal worked out by legislators Thursday after years of fierce debate.
The House was scheduled to vote today in favor of the drilling expansion [...]
