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Latest Geology of the Rocky Mountains Stories

2008-07-23 09:00:53

ST. LOUIS, July 23 /PRNewswire-FirstCall/ -- Peabody Energy today reported that second quarter income from continuing operations rose 143 percent to a record $242.6 million versus the prior year, with related earnings per share of $0.89. Revenues for the quarter were also a record at $1.53 billion on 59.8 million tons sold. EBITDA grew 65 percent over last year to a new mark of $446.6 million. "Our investments in recent years have created an outstanding global platform. We have...

2008-07-22 15:00:51

DENVER, July 22 /PRNewswire/ -- Red Mesa Holdings/O&G, LLC ("Red Mesa"), a Denver-based oil and gas operator with production operations in the Rocky Mountain region, today announced it has appointed Richard Larson as its vice president of field operations in La Plata County, Colo. Larson is charged with directing the company's field operations, including management, exploration and production of Red Mesa's 5,000-acre oil and gas field. Larson brings to Red Mesa more than 25 years of...

2008-07-02 12:00:00

By Chris Woodka, The Pueblo Chieftain, Colo. Jul. 2--LEADVILLE -- A risk assessment study of the danger posed by blockage of the Leadville Mine Drainage Tunnel reveals a path that could head off future emergencies. For the time being, there's no imminent danger from a blow-out, and several scenarios show failure of huge plugs in the tunnel would create a trickle over time rather than a dramatic burst, according to the study by the U.S. Bureau of Reclamation. Optimum levels of water in...

2008-06-30 21:02:31

By Wayne Heilman, The Gazette, Colorado Springs, Colo. Jun. 30--In the biggest deal in the Cripple Creek-Victor gold-mining district, shareholders of Golden Cycle Gold Corp. today approved a takeover by South African mining giant AngloGold Ashanti Ltd., clearing the way for the company to assume full ownership of Colorado's largest gold mine. AngloGold will pay $109.7 million in stock for Golden Cycle, which owns one third of Cripple Creek & Victor Gold Mining Co., which employs 346...

2008-06-20 09:00:17

By Hector Gutierrez Congress moved one step closer Thursday to finding a long-term fix to a blocked mine drainage tunnel in Leadville that some local officials and residents fear could rupture with catastrophic consequences. The House passed a bill directing the secretary of the Interior, who oversees the Bureau of Reclamation, to immediately take responsibility for fixing the problems at the Leadville Mine Drainage Tunnel. The bill, sponsored by Rep. Doug Lamborn, R-Colorado Springs,...

2008-06-17 12:00:40

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 17, 2008) - Artha Resources Corporation (TSX VENTURE:AHC) is pleased to announce the beginning of its Phase One uranium exploration program in Wyoming. The principle goal of Phase One is to define in-situ recoverable resources and confirm historical resources outlined on projects in at least four key uranium districts. (i) WY Project - 74 Holes to Test the Wind River Formation Located in the Shirley Basin, birth place of ISR mining, the WY...

2007-11-02 09:00:34

Silver Falcon Mining, Inc. (PINKSHEETS: SFMI) today released details of an independent analysis conducted on War Eagle Mountain, a Gold property on which Silver Falcon Mining, Inc. has developmental and operating rights to (14) deep-shaft mines covering the Mountain's primary epithermal gold- and silver-producing veins. War Eagle Mountain has produced approximately 415,000 oz of gold equivalent to date, worth $ 270 Million. The mines of War Eagle Mountain are adjacent to the open-pit...

2007-01-08 09:00:49

Rancher Energy Corp. (OTCBB: RNCH) ("Rancher Energy" or the "Company") is pleased to announce that it has closed the acquisition of the Big Muddy oil field in Wyoming's hydrocarbon-rich Powder River Basin. Rancher Energy has successfully acquired a 100% working interest (approximately 80% net revenue interest) in an approximately 8,500 acres field for a purchase price of $25,000,000. The newly acquired Big Muddy field features existing production of about 60 barrels per day as well as...

2006-08-27 13:27:45

By Nick Carey GILLETTE, Wyoming (Reuters) - The long trains that seem to be everywhere in this sparsely populated stretch of land haul nearly 1 million tons of Powder River Basin coal to power plants daily, but that's simply not enough. Utilities are clamoring for more of this fuel, which has become a popular alternative to costly natural gas. The mines in this region, dubbed the "Saudi Arabia of coal," say they are able to increase production. The bottleneck lies in the railroads....

2005-07-01 15:58:33

By Steve James NEW YORK (Reuters) - Nobody is talking about blackouts justyet, but a long, hot summer combined with railroad disruptionscould spell disaster for U.S. coal-burning power plants. With the steamiest days of the year still to come and withrepairs on the rail track serving the coal mines of the PowderRiver Basin in Wyoming and Montana, some energy industryinsiders warn that utilities could run low on fuel as demandfor electricity to power air-conditioners hits its peak. This at...


Word of the Day
siliqua
  • A Roman unit of weight, 1⁄1728 of a pound.
  • A weight of four grains used in weighing gold and precious stones; a carat.
  • In anatomy, a formation suggesting a husk or pod.
  • The lowest unit in the Roman coinage, the twenty-fourth part of a solidus.
  • A coin of base silver of the Gothic and Lombard kings of Italy.
'Siliqua' comes from a Latin word meaning 'a pod.'
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