Further to its press release dated December 23, 2009, Lydia Diamond Exploration of Canada Ltd. ("Lydia Diamond") announces that a decision has been rendered in the previously announced dissent proceedings, and that a settlement has been approved by the Ontario Superior Court of Justice (the "Court") for the satisfaction of the dissent award.
Republican senators and members of congress introduced a bill to counter an effort by the Department of the Interior to remove mining rights from a region in northern Arizona, which borders Grand Canyon National Park. U.S. Senators John McCain (R-AZ), Orrin Hatch (R-UT) and Mike Lee (R-UT) and U.S. Congressmen Trent Franks (AZ-02), Rob Bishop (UT-01), Jeff Flake (AZ-06), Paul Gosar (AZ-01), David Schweikert (AZ-05) and Ben Quayle (AZ-03) unveiled the Northern Arizona Mining Continuity Act on Wednesday.
Several very large potential dragline contracts are close to being signed with major coal groups in South Africa and Australia, those in the industry have been telling IM. But these kinds of decisions take a lot of time. The hold ups are issues unrelated to the potential suppliers, which for the largest models only includes [...]
PARIS, Oct 12 (Reuters) - Areva is considering partnerships with industrial groups to allow those to buy stakes in the mining business of the state-controlled nuclear group, Areva's chief executive told a parliamentary hearing.
Great Mines series has already looked in-depth at two very different mining groups - the long established and gold-focussed Newmont; and First Quantum, a diversified newcomer with its roots in DRC but growing rapidly through greenfield projects like Sentinel and well timed buy-outs of operations like Ravensthorpe. For our third series of Great Mines, we [...]
The Keystone XL pipeline project of TransCanada Corp. should be halted because the US did not complete an environmental impact review before work started, green advocacy groups said in a lawsuit filed on Wednesday. The Center for Biological Diversity, Friends of the Earth and Western Nebraska Resources Council alleges the public process was a "sham" and that TransCanada has already started construction in the lawsuit filed in Omaha, Nebraska federal court. Governors of five of the six states the pipeline crosses have backed the project, except for the Nebraska. TransCanada has strongly denied the claims – all it did in Nebraska was "mow some grass."
Half of the airborne mercury pollution in the US comes from coal-fired power plants. After years of study and debate, the Environmental Protection Agency is planning to announce new limits on mercury from coal plants in November. Meanwhile, utilities are scrambling to meet other new federal regulations and industry groups are asking the government to slow down.
Gekko Systems is pleased to announce the signing of a collaborative agreement with Newcrest Mining Limited to undertake a three-year research and development program. The Gekko and Newcrest teams will target improvements in energy efficiency, reduced operating costs, increased recovery and faster project implementation time.
Labrador Iron Mines Holdings Limited (TSX:LIM) is pleased to announce that the first shipment of LIM iron ore sailed today bound for China.
E-mails between the State Department and TransCanada, the company behind a $7 billion proposal to build a pipeline between Canadian oilsands and Gulf Coast refineries, demonstrate "a sometimes warm and collaborative relationship," states a report in today's New York Times. The e-mails, the second batch to be released in response to a Freedom of Information Act request filed by the environmental group Friends of the Earth, show a senior State Department official at the United States Embassy in Ottawa procuring invitations to Fourth of July parties for TransCanada officials, sharing information with the company about Secretary of State Hillary Rodham Clinton’s meetings and cheering on TransCanada in its quest to gain approval of the giant pipeline, which could carry 700,000 barrels a day.