If successful, a $56 billion merger between Phelps Dodge and two other mining companies will create one of the world’s largest mining companies.
Phelps Dodge has entered into an agreement with Inco Limited and Falconbridge Limited to combine the three companies. Inco is a primary metals company that has been in business for 100 years. It […]
A Northern Territory mining company hopes to have a rare earth mine up and running within five years.
The rare element is a key ingredient for new technology including computer screens, rechargeable batteries and environmentally-friendly hybrid vehicles.
Two employees of a nail polish manufacturer were taken to St. Clare’s Hospital in Dover as a precaution after a small chemical explosion and fire Thursday on Iron Mountain Road, police said.
Wharton Police Sgt. Jim Rice said the chemical responsible for the blast, in a laboratory at the Fiabila USA/Gloss Tex Industries plant, is […]
The Department of Energy will award in mid-July this year the contracts for the exploration of four oil and gas blocks that were offered during the second of the Philippine Contracting Round (PCR).
Energy Undersecretary Guillermo Balce told reporters Tuesday that the contracts are being prepared and will be awarded within next month, or more than […]
PrimeWest Energy Trust (TSX:PWI.UN) is paying $300 million US, or about $330 million Cdn, for oil and gas assets in Montana, North Dakota and Wyoming.
With the deal expected to close by July 6, Calgary-based PrimeWest said Monday it will use existing credit lines plus a supplementary credit line of $250 million to finance the move.
“This […]
A draft environmental impact statement has been released on a planned coal-fired power plant near here, with the preferred alternative being the one proposed by the co-op that wants to build it.
Anne Hedges, program director of the Montana Environmental Information Center, criticized the Department of Environmental Quality’s decision to analyze only three alternatives — including […]
South Korea has pledged $10 million to help build and operate the world’s first zero-emissions coal-fired power plant. Once operational, this plant will remove carbon dioxide from the atmosphere, while producing electricity and hydrogen, making it the environmentally cleanest fossil fuel fired power plant in the world.
The $1 billion FutureGen initiative is a […]
Shareholders of Forum Development Corp. approved a name change to Forum Uranium Corp. (TSX VENTURE:FDC) at the Company’s AGM on June 7, 2006. Subsequently, the TSX Venture Exchange approved the change of name on June 26, 2006. The Company begins trading as Forum Uranium Corp. (Cusip # 349852103) today and will keep its symbol of […]
Mr. George Sanders, President, Consolidated Pacific Bay Minerals Ltd. (TSX VENTURE:CBP) is pleased to announce the discovery of new radioactive zones on its 100% owned Mont Laurier uranium property in southern Quebec. This discovery confirms the extension of favourable Precambrian metamorphic pegmatite stratigraphic horizons onto PacBay’s block of 98 claims representing a 57 square kilometre […]
The West Virginia Public Service Commission has issued final site approval for a $1 billion coal-fired power plant, ruling the job-creation and financial benefits to Monongalia County outweigh any negative effects.
In a 135-page order issued Monday, the PSC laid out conditions to placate three citizen groups that have fought the project for years, including a […]