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Mining Exploration, Market and Trade Reported


This week crude oil spiked 8% higher Friday into the high $130s; Senator Barack Obama cinches the Dem-Nom; an Israeli official says that bombing Iran’s nuclear facilities looks inevitable; the U.S. unemployment rate pops half a full percentage point to 5.5%; the buck gets thumped despite Bearded Ben’s early-week fireside chat (where he uncharacteristically mentioned [...]

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 [...]

Duke Energy faces rising costs of coal


Westar Energy knew its coal-fired plant was in trouble.
The Kansas company wanted to build a $1 billion, 800-megawatt power plant, but construction costs kept rising as global demand for steel and other materials skyrocketed. Soon $1 billion became at least $1.4 billion — costs ultimately passed to consumers.
Faced with sobering numbers, the utility in January [...]