Monthly Archives: October, 2011
Indian companies can the country iron ore mining contracts in Afghanistan
Shortly after a strategic partnership pact with Afghanistan signed, India’s involvement in Kabul is ready to bloom further with two Indian companies, one of them a government-backed consortium led by SAIL, is likely to contract for iron ore mining win Hajigak in Bamiyan province. In a country where – according to U.S. government estimates – [...]
Gold mines see Action prices are rising, Chitradurga Hutti mine to reopen
As gold prices soar to all-time highs, companies on the verge of mines that were abandoned for various reasons to reopen. India’s only Gold Miner Hutti Gold Mines is reopened closed my Chitradurga after a gap of six years, because at current prices, even these low-grade ore is viable. Others like Hindalco who dig gold [...]
AngloGold sees strong Q3 results
World no.3 gold producer AngloGold Ashanti is set to a solid third quarter results linked to gold prices for the September quarter panel report, Chief Executive Mark Cutifani said on Thursday. “We have the best ever gold price last quarter. It will be a solid performance again,” Cutifani told Reuters in an interview on the [...]
NZ oil spill beach cleanup continues
Voluntary efforts for oil spills in New Zealand Bay of Plenty beaches of the grounded ship Rena will be at noon on Saturday to clean. The ship grounded off the Tauranga coast earlier this month, spilling hundreds of tons of oil. Two clean-up efforts will take place in Papamoa – Pamoa the Surf Club and [...]
USF receives $ 11 million in grant funding from BP spill research
Eighteen months after the worst oil spills in the Gulf of Mexico, researchers from the University of South Florida in St. Petersburg studying the effects of the deep water blowout with the help of a $ 11 million grant. Their research aims to determine how the Gulf is recovering along with the marine life is [...]
Oil escaping from central blaze threat
The New South Wales Government says a huge fire in a power station south of Newcastle could cost taxpayers more than $ 15 million. Firefighters, who spent the night fighting the fire at the Eraring Power Station are now working to stop oil escaping from the site. The fire broke out in the channel number [...]
Nigerians Seek $ 1 billion in compensation from Shell
Nigerians in the oil-rich Niger Delta is asking a U.S. court to grant them $ 1 billion in compensation from Shell for damages from oil spills.The suit – for people from the Ogale community in Rivers State – requires a court in Michigan to award damages against Shell Oil Company for decades of pollution by [...]
