February 28, 2010
Oil settles near $80 a barrel again (AP)
Oil prices hit $80 a barrel Friday to end a wild trading week that saw prices swing in opposite directions each day. Crude has risen to that level several times this year, but prices haven’t increased much beyond that as investors are unsure when energy demand in the U.S. will pick up.
February 27, 2010
Chile quake halts refineries, copper mines (Reuters)
A powerful earthquake that hit Chile on Saturday halted production at two oil refineries and two major mines in the world’s top copper supplier, but exports of the metal will not be affected, officials said.
Copper mines shut in Chile after 8.8 earthquake (AP)
Chilean state copper company Codelco has reportedly shut down two mines due to damage from the massive earthquake. La Tercera says operations were halted at El Teniente and Andina mines.
Chile quake damages refineries, mines halted (Reuters)
A powerful earthquake that hit Chile on Saturday halted production at two oil refineries and two major mines in the world’s top copper supplier, but exports of the metal will not be affected, officials said.
February 26, 2010
Coal mines eyed near Red Lodge, Bridger (AP)
Coal developers are maneuvering to build new mines in south-central Montana near Red Lodge, where the industry shut down decades ago after a tragic fire, leaving behind underground reserves estimated at a billion tons.
James River Coal 4th-quarter loss narrows (AP)
Coal mining company James River Coal Co. said Friday that its fourth-quarter loss narrowed, but the company said its results were hurt by lower rates of production at its mines.
International Minerals Completes Transaction to Acquire Metallic Ventures Gold (Business Wire)
SCOTTSDALE, Ariz.—-International Minerals Corporation , listed on the Toronto and Swiss stock exchanges, is pleased to announce that it has closed the transaction to acquire all of the issued and outstanding shares of Metallic Ventures Gold Inc. by way of a statutory plan of arrangement .