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Mexico environmental authority suspends Grupo Mexico facility after sulfuric acid spill

13 hours ago DieselGasoil Comments Off on Mexico environmental authority suspends Grupo Mexico facility after sulfuric acid spill
MEXICO CITY (Reuters) – Mexico’s environmental prosecutor Profepa said on Saturday it ordered the partial and temporary closure of mining and transport firm Grupo Mexico’s Guaymas facility after it spilled sulfuric acid in the Gulf of California. Grupo Mexico last week said it had quickly controlled the July 9 spill, which it blamed on a Read More

Peru evacuates hundreds in south after volcano rumbles

17 hours ago DieselGasoil Comments Off on Peru evacuates hundreds in south after volcano rumbles
A man points at a cloud of ash from the Ubinas volcano, in Santiago de Machaca, Bolivia, along the border with Peru, July 20, 2019. REUTERS/David Mercado LIMA (Reuters) – Peruvian authorities evacuated hundreds of people living near a volcano in the country’s south, after explosions and ash emissions on Friday. The National Institute of Read More

Russian mine unearths unique large flawless yellow diamond

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The combination of rare yellow color, clarity, and size makes a diamond unearthed at a mine in Russia’s northwest one of the most unique gemstones ever discovered in Europe. A deep lemon-yellow diamond weighing 47.61 carats found in the Grib mine in Arkhangelsk, Russia may be the largest of its kind unearthed in this part Read More

Brazil to extend probe into Vale dam disaster into early 2020: official

2 days ago DieselGasoil Comments Off on Brazil to extend probe into Vale dam disaster into early 2020: official
BRASILIA (Reuters) – Brazil’s mining secretary said on Friday he expects the sector’s main regulator to extend its investigation until January 2020 into the causes of the Vale SA mining dam collapse that killed at least 240 people. FILE PHOTO: A helmet with a logo of Vale SA is seen in a collapsed tailings dam Read More

Sanctions-hit Iran becoming ‘heaven’ for bitcoin mining, says govt official

2 days ago DieselGasoil Comments Off on Sanctions-hit Iran becoming ‘heaven’ for bitcoin mining, says govt official
An increasing number of Iranians have started turning to cryptocurrencies, in particular bitcoin, with the devaluation of the national currency prompted by US economic sanctions. The crypto craze has raised concerns from authorities that the energy-hungry process of “mining” bitcoin is abusing Iran’s system of subsidized electricity. Currently at half-a-cent per kilowatt, the subsidized electricity Read More

Icahn launches proxy fight after stalled talks with Occidental CEO

3 days ago DieselGasoil Comments Off on Icahn launches proxy fight after stalled talks with Occidental CEO
HOUSTON (Reuters) – Activist investor Carl Icahn on Thursday formally launched a proxy fight against Occidental Petroleum (OXY.N) to win control of four board seats, according to a regulatory filing, after talks with the oil company’s chief executive failed to reach an agreement. FILE PHOTO: Billionaire activist-investor Carl Icahn gives an interview on FOX Business Read More

Petroteq Announces Effectiveness of Form 10 Registration Statement

3 days ago DieselGasoil Comments Off on Petroteq Announces Effectiveness of Form 10 Registration Statement
Sherman Oaks, CA, July 18, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE —Petroteq Energy Inc.(“Petroteq” or the “Company”) (TSXV:PQE;OTC:PQEFF;FSE: PQCF), a fully integrated oil and gas company,announced today that its Form 10 Registration Statement as filed with the U.S. Securities and Exchange Commission(the “SEC”) became effective on July 12, 2019.  Following the effective date, the Company will be Read More

Gold Resource Corporation Reports Preliminary Second Quarter Production and Positioned to Increase 2019 Annual Outlook

3 days ago DieselGasoil Comments Off on Gold Resource Corporation Reports Preliminary Second Quarter Production and Positioned to Increase 2019 Annual Outlook
COLORADO SPRINGS, July 18, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Gold Resource Corporation (NYSE American: GORO) (the “Company”) reports preliminary production results for the second quarter ended June 30, 2019 of 9,559 ounces of gold, 467,484 ounces of silver and significant base metals. The Company currently maintains its 2019 Oaxaca Mining Unit production outlook Read More

Anglo American’s second-quarter output rises 2%, Minas Rio ramps up

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FILE PHOTO: The Anglo American logo is seen in Rusternburg October 5, 2015. REUTERS/Siphiwe Sibeko/File Photo LONDON (Reuters) – Anglo American (AAL.L) on Thursday said the ramp-up of iron ore at Minas Rio in Brazil and higher volumes of coking coal had offset reduced diamond production, raising second-quarter output by 2% and keeping the company Read More

North American Construction Group Ltd. Second Quarter Results Conference Call and Webcast Notification

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ACHESON, Alberta, July 17, 2019 (GLOBE NEWSWIRE) — North American Construction Group Ltd. (“NACG” or “the Company”) (TSX:NOA.TO/NYSE:NOA) announced today that it will release its financial results for the Second Quarter ended June 30, 2019 on Tuesday, July 30, 2019 after markets close. Following the release of its financial results, NACG will hold a conference Read More