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Gold Prices Increase on Falling Supply and Rising Demand
February gold futures broke $1200 for the first time a little after 4AM New York time. February 2010 is now the major front month contract after the expiration of the December contract on November 30th.
Gold futures were up 14% in November, the best monthly performance in ten years. Silver was also up 14%. Gold traded [...]
Lithium Corporation Acquires Nevada Lithium Corporation and Its Lithium Projects
Lithium Corporation is pleased to announce that it has completed a share exchange and amalgamation with private company Nevada Lithium Corporation. The share exchange and amalgamation was filed with the Securities and Exchange Commission on October 23, 2009.
North American Gem Inc. Reported Completed Potential Surface Mining in West Virginia
North American Gem Inc. announces that drilling has been completed on its 37 acre potential surface mining prospect known to the Company as the Saffle Tract, and its 130 acre potential surface mining prospect, the Dalton Tract, both in West Virginia.
China Oil Company, PetroChina Co. Reported First Time Drop Profit Since 2001
PetroChina Co., the world’s second- largest company by market value, posted its first drop in full- year profit since 2001 after refining losses widened fourfold and crude oil prices slumped.
Mining Exploration Technology Development : Coal Gasification Demonstration Project
Alberta will be the site of a $30-million demonstration project aimed at unlocking the clean energy potential of the province’s vast coal reserves.
Placer Gold Corp. Plans To Develop Alaska and South American Gold Mining Project
Placer Gold Corp., formerly Arctic Oil and Gas Corp. (AOAG) (the “Company”), is advancing financing, mining and development plans for a number of Alaska and South American placer gold projects, which are scheduled for development in 2009-2010.
Mining Exploration Technology Exhibition, Industry experts attend workshop on ‘sour’ gas
SHELL has brought together national oil companies, major resource holders and academia from countries including Qatar, Oman, the United Arab Emirates, Saudi Arabia, Kuwait, Iran and Russia to share expertise on “sour” gas and carbonate reservoirs.
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 [...]
Regulation Of Safety And Protection Of Coal Mining In China
Many accidents happened in process of coal mining exploration in China, makes work of coal-mine exploration in China is daunted. This condition has making investor and miner to experience decline. Degradation of investors and invesment in coal mining exploration sector will cause lowering of earnings from mining sector.
To anticipate degradation of invesment, labour and earnings [...]
