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Renewable energy developments in Texas


Shell WindEnergy Inc. and Luminant, a subsidiary of TXU Corp., announced today a joint development agreement for a 3,000-megawatt wind project in the Texas Panhandle and to work together on other renewable energy developments in Texas.
Shell and Luminant will also explore the use of compressed air storage, in which excess power could be used to [...]

Rio Tinto makes a recommended all cash offer for Alcan


Rio Tinto and Alcan today announced they have reached an agreement for Rio
Tinto to make an offer to acquire all of Alcan’s outstanding common shares for US$101 per common share in a recommended, all cash transaction. The offer represents a total equity consideration for Alcan of approximately US$38.1 billion.
The offer represents a premium of 65.5 [...]

Hillsborough Finds Robust Thermal Coal Market Favours Quinsam and Wapiti Development


Hillsborough Resources Limited (TSX:HLB) (”Hillsborough” or the “Corporation”) today reported on developments at Quinsam Mine and the Wapiti Project supported by the robust thermal coal market.
The thermal coal market has experienced price increases to record levels over the past few weeks, as was first reported in the Corporation’s news release of June 20, 2007. The [...]

Xstrata Extends Offer for LionOre


Xstrata plc announces the extension of the expiry time of its all-cash offer to acquire all of the LionOre Mining International Ltd. (”LionOre”) shares to midnight (Vancouver time) on 28 June 2007. Following Xstrata’s decision not to match the offer made by OJSC MMC Norilsk Nickel (”Norilsk”) to acquire all of the LionOre shares, LionOre [...]

Geoandina Mining Corp. Confirms Target Property in Argentina, Cerro Negro


Geoandina Mining Corp., a junior mining company is pleased to announce that it is finalizing negotiations with a potential property 50 miles from the city of Mendoza. The Company has also commenced searching for a more advanced and modern center of operations within the city of Mendoza. The area has an international airport and all [...]

Clean Coal Technologies Reduce Emissions & Increase the Amount of Energy Gained from Each Ton of Coal


Research and Markets (researchandmarkets) has announced the addition of Clean Coal Technologies to their offering.
Coal is one of the world’s fastest growing energy sources. It fuels almost 40% of electricity worldwide, with even higher percentages in several countries. However, coal is also the most unclean energy source in the world. Upon burning, coal releases a [...]

Kinder Morgan, Inc. Shareholders Approve Merger Agreement to Sell Company to Investor Group


Kinder Morgan, Inc. (NYSE: KMI – News) today announced that stockholders have voted to approve the proposed merger agreement providing for the acquisition of KMI by investors including Chairman and CEO Richard D. Kinder, other senior members of KMI management, co-founder Bill Morgan, current board members Fayez Sarofim and Mike Morgan, and affiliates of Goldman [...]

BHP May Accept 13% Cut to Coking Coal Prices as Supplies Rise


BHP Billiton Ltd., the world’s largest mining company, may accept a 13 percent cut in hard coking coal prices from April as supplies increase and steelmakers slow the pace of capacity expansion.
Prices of premium coal used to make steel may fall to $100 a metric ton starting April 1 from $115 a ton, according to [...]