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Russia’s MBC plans mining expansion, IPO date unclear


Russia’s MBC Resources, sitting on huge zinc and lead deposits, is examining new metals projects in Russia and abroad but has not yet decided when and where to list shares, company executives said on Friday.
Chief Executive Oleg Mikhailenko said MBC planned to bid for the Verkhneye Menkechea zinc, lead and silver deposit in the far [...]

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 [...]

“Clean coal” captures notice at dual seminars


“Clean coal” power plants: environmental epiphany or junk science?
The debate rages today in an ironic setting, nearby conference rooms booked by two disparate groups at the Marriott City Center in Denver.
The irony is intentional, said Nancy LaPlaca of environmental advocacy group Ratepayers United of Colorado.