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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 [...]
U.S. Energy Corp. Announces a Stock Buy Back Program; Reviews Corporate Development Plans
U.S. Energy Corp. (Nachrichten), a diversified natural resource exploration company announced today that it will initiate a share buy back program. The Company is also pleased to provide its corporate development strategy along with several project updates as follows.
Share Buy Back Program
The Board of Directors of USEG has approved a share buy back program for [...]
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 [...]
IEA Senior Adviser Gives Insight Into China’s Renewable Energy Development
Francois Nguyen, senior policy adviser with Paris-based International Energy Agency (IEA), gave insight into China’s development of renewable energy during an exclusive interview with Interfax while attending the 2007 Power & Alternative Energy Summit held in Beijing.
Nguyen believes that China has huge growth potential in the renewable energy sector and faces golden opportunities for investment [...]
Zacks Industry Rank Analysis Highlights: Barrick Gold, Campbell Soup Company, Fresh Del Monte, Heinz and Newmont Mining
Zacks.com releases the latest Zacks Industry Rank. Stocks featured in this week’s analysis include Barrick Gold (NYSE: ABX – News), Campbell Soup Company, Fresh Del Monte, Heinz and Newmont Mining. To see the Zacks Industry Rank and the trend in earnings estimates revisions for all 208 industry groups.
Zacks Industry Rank Analysis is written by Charles [...]
Japan Recovery Not Helping Rural Areas
When the last coal mine in Yubari closed down in 1990, city elders thought pumping tax money into an amusement park, hall of fossils, ski resort and robot museum would keep this remote snowbound town of 13,000 people afloat and on the map.
More than a decade and a half later, Yubari is still in the [...]
The Prokhorov bounce: Norilsk Nickel and Polyus Gold prices recover
Mikhail Prokhorov returned to his office at Norilsk Nickel headquarters on Monday, his spokesman proclaiming that his four-day detention by the French police on suspicion of pimping was a “regrettable misunderstanding”.
While that may very well be the case for the French, what Russian rivals of Prokhorov will now understand about the scandal could be regrettable [...]
Indonesia’s Riches Draw China, India
When it comes to energy and industrial commodities, China and India are Asia’s fiercest competitors. For the last couple of years, both Chinese and Indian companies have done deals across the globe — from Latin America to Africa — to win oil exploration rights or secure long-term raw material contracts.
Now they have set their sights [...]
Got Gold Report – Mining Shares Fail to Answer Gold Sell Down
HOUSTON (ResourceInvestor.com) — Gold pulls back but mining shares fail to answer in proportion. Electronic trading gets underway on the COMEX during regular market hours. The CFTC says it will continue publishing the COT reports. The last chance for buying companies pummeled by tax savings sales is upon us and the indicators this report follows [...]
