BlueStar Energy Solutions (BlueStar), a subsidiary of American Electric Power, will begin operating as AEP Energy June 29. AEP acquired BlueStar March 7.
APR Energy is proud to announce the operation of its 120MW diesel-fired power plant, located just east of Limassol, Cyprus. APR Energy signed a contract in May with the Electricity Authority of Cyprus (EAC) to provide a peak season solution in time for the Mediterranean summer. Using its latest enhancements in plant design, deployment and logistics, APR Energy was able to prepare the site and have the plant installed and operational within 20 days of equipment arrival – ahead of the contracted schedule.
Primero Mining has reported that a fresh high-grade vein, named the Alexa vein, has been discovered in the West Block. Five high-grade intercepts are included in the new discovery.
By Kalwinder Kaur
26 Jun 2012
Thomson Resources has reported that it is taking steps to abandon its tenement holdings on 2,794 sq. km in the Thomson Fold belt, so that it can focus its activities on the priority exploration targets in the Cobar area.
By G.P. Thomas
26 Jun 2012
Atlas Iron has announced that it has updated the progress on its targeted production rate of 12 mtpa by next year end.
DIOS EXPLORATION has announced that it has planned to commence prospecting and mapping the tonalitic stage of the Erasme Lake pluton, on the porphyry-type 33 CARATS gold project situated on the northwest part of the Eastmain gold mine, Chibougamau.
Redstar Gold has announced the drilling results from two diamond drilling holes located in the Newman-Todd property in Red Lake, Ontario.
Redhill Resources has provided a detailed report on its exploration activities carried out in Nyakagwe Properties in Tanzania, East Africa. This property is located on the Bulyanhulu regional trend which in turn is placed at distance of less than 6 km from Barrick Gold’s Bulyanhulu gold mine.
By G.P. Thomas
26 Jun 2012
Sono Resources has announced that it has commenced its planned exploration program for 2012 as per an agreement it entered with Alaska Metals.
By G.P. Thomas
26 Jun 2012
Huldra Silver has announced the updation on the mining operations conducted at the Treasure Mountain property and the construction of mill located in Merritt, BC. The production capacity of the mill is 200 t per day.
BCGold declared that it has mobilized work crews at its WS and Off-White Gold properties and South Quesnel properties. The company will use the combined exploration budget of $200,000 for these projects. Work crews will be working at the properties till late August.
By Kalwinder Kaur
25 Jun 2012
Xstrata Technology and GeoProMining Gold, which is a wholly-owned subsidiary of GeoProMining, have inked an Albion Process Technology Licence Agreement for GPM gold project.
By G.P. Thomas
25 Jun 2012
Synergy Resources Corporation, a domestic oil and gas exploration and production company focused in the Denver-Julesburg Basin (the "D-J Basin"), today announced the completion of its mid-year reserve analysis. The evaluation was prepared with an effective date of February 29, 2012, and reflects development activity during the first six months of the fiscal year. As of February 29, 2012, the Company had estimated proved reserves of 3.492 million barrels of oil and 23.798 billion cubic feet of gas. The estimated present value before tax (discounted at 10%) is $122.576 million. Compared to the annual reserve report prepared at August 31, 2011, quantities increased by 68% and value increased by 71%.
Nova Mining Corp.: According to Bloomberg Businessweek on Wednesday, in an article titled: IPad Boom Strains Lithium Supplies After Prices Triple - the article says "Investors from JPMorgan Chase & Co. to BlackRock Inc. are trying to make money from the exploding popularity of iPads and increasing sales of hybrid cars by investing in producers of lithium for batteries."
The National Coal Council (NCC) today presented the U.S. Department of Energy with the results of a comprehensive study requested by U.S. Secretary of Energy Steven Chu. The study, "Harnessing Coal's Carbon Content to Advance the Economy, Environment and Energy Security," concludes that widespread deployment of carbon dioxide capture and utilization (CCUS) technologies at coal-based power and liquid fuels production plants could help increase domestic oil production by more than 3.5 million barrels a day for 40-plus years.