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Iron Ore Export Prices Increase 12% Fall In Iron Ore Mine Demand From China
Iron ore export prices slipped by up to 12% due to a fall in demand from China, which consumes almost half of Indian ore shipments.
Xcel Energy Plans Coal Mine Exploration and Development
Conservative coal-price predictions could skew comparisons with renewable energy
When Xcel Energy’s plan for how it will provide power to Colorado was approved recently by the state, it was lauded by environmental groups as one of the greenest and most visionary plans in the country.
Even so, the company’s estimate for what it will pay for coal [...]
Natural gas price forecast stable next month
Wednesdaya resident and chief executive officer of MDU Resources Group, said : Natural gas price next morht forecast stable. Forecast background, U.S. storage levels are at their highest mark in 13 years,
“We’d all like to know how to predict prices,” said Terry Hildestad, who was in Billings to keynote the Montana Petroleum Association’s appreciation luncheon [...]
Golden Cycle Gold Corporation joint venture with AngloGold Ashanti
Golden Cycle Gold Corporation is pleased to announce the completion of the Mine Life Extension Pre-Feasibility Study at the Company’s 33% owned joint venture with AngloGold Ashanti (Colorado) Corporation, the Cripple Creek & Victor Gold Mining Company (”CC&V”). The successful completion of the study moved the mine life extension project into the formal feasibility [...]
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 [...]
Red Rock Announces Commencement of Summer Drilling Program
Red Rock Energy Inc. announced today that it has completed the mobilization of a crew and diamond drilling rig to its Uranium City exploration properties. The Zinex Mining Constructed hydraulic diamond drilling rig, which the Company has purchased and owns exclusively, has commenced activity on the first locations of a drilling program on the company’s [...]
Exploration well hits new oil pool in the Besbolek block in Kazakhstan
Arawak Energy Corporation (the “Company” or “Arawak”) is pleased to announce an exploration success in its 100% owned Besbolek block in Kazakhstan. Exploration well No. 50 has discovered oil in a previously untested structure in the south of the block. The exploratory concept of the extension of the Upper Triassic paleo-flows into the down-faulted southern [...]
Gold Hawk Resources Inc.: Exploration and Operations Update
Gold Hawk Resources Inc. (”Gold Hawk” or the “Company”) is pleased to announce that exploration and development work on the 3140 meter level of its Coricancha Mine in Peru has encountered what is believed to be the downward extension of the Constancia Vein. Based on assay results, geological projections and mineralization characteristics, there is a [...]
Arcan Resources Ltd. Provides Corporate Update
Arcan Resources Ltd. provides operations, production and capital update. Arcan shifts capital to oil projects, resolves a few short term production challenges, maintains a strong balance sheet and continues to benefit from high netbacks on light oil weighting.
Operations Update
Hamburg
At Hamburg, construction has commenced on the all weather road to the 13-20-96-9W6 padsite. After road construction [...]
