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53c94ebdc2e438ad8b5d05906605a43c1
2010-09-21 11:43:19

The heat in the atmosphere of Venus, induced from a strong greenhouse warming, might actually have a cooling effect on the planet's interior. This counter-intuitive theory is based on calculations from a new model presented at the European Planetary Science Congress (EPSC) in Rome on Tuesday September 21st. "For some decades we've known that the large amount of greenhouse gases in the atmosphere of Venus cause the extreme heat we observe presently", explains Lena Noack from the German...

2010-09-21 08:00:00

VANCOUVER, Sept. 21 /PRNewswire-FirstCall/ - Magma Energy Corp. (TSX:MXY) today announced that its audited 2010 year end results and Annual Information Form will be released on Tuesday, September 28, 2010 after markets close. A conference call and live audio webcast to discuss the results will be held on Wednesday, September 29, 2010 at 11:30 am ET (8:30 am PT). Fiscal Year End 2010 and Q4 Results Conference Call and Webcast...

b0932d4f292588ab0168a81f1e23b6361
2010-09-18 08:14:00

The Earth's mantle and its core mix at a distance of 2900 km under our feet in a mysterious zone. A team of geophysicists has just verified that the partial fusion of the mantle is possible in this area when the temperature reaches 4200 Kelvin. This reinforces the hypothesis of the presence of a deep magma ocean. The originality of this work, carried out by the scientists of the Institut de min©ralogie et de physique des milieux condens©s (UPMC/Universit© Paris Diderot/Institut...

2010-09-17 10:58:00

VANCOUVER, Sept. 17 /PRNewswire-FirstCall/ - Magma Energy Corp. (TSX: MXY) reports that a Special Committee appointed by the Icelandic government to review Magma's acquisition of a 98.53% stake in Icelandic geothermal company HS Orka has concluded that Magma acted in full compliance with Icelandic law. At an HS Orka shareholders meeting today, a new Board of Directors was elected, where three new Magma appointees were elected, including Asgeir Margeirsson as Chairman. Mr. Margeirsson...

2010-09-03 09:33:00

(all amounts in USD unless stated otherwise) VANCOUVER, Sept. 3 /PRNewswire-FirstCall/ - Magma Energy Corp. (TSX: MXY) announces that its wholly-owned subsidiary, Magma Energy Sweden A.B., today has closed the final portion of a previously announced agreement to acquire further shares of Iceland geothermal company HS Orka hf. Magma Sweden now holds a 98.53% interest in HS Orka. In today's transaction, Magma Sweden acquired 14.32% of HS Orka's outstanding shares from Geysir Green Energy ehf...

2010-08-17 10:36:00

VANCOUVER, Aug. 17 /PRNewswire-FirstCall/ - Magma Energy Corp. (TSX: MXY) announces that its wholly-owned subsidiary, Magma Energy Sweden A.B., today has closed a portion of a previously announced agreement to acquire further shares of Iceland geothermal company HS Orka hf. Magma Sweden now holds an 84.21% interest in HS Orka. The acquisition was originally announced in a press release dated May 17, 2010. In today's transaction, Magma Sweden acquired 38.03% of HS Orka's outstanding shares...

2010-08-03 16:09:00

VANCOUVER, Aug. 3 /PRNewswire-FirstCall/ - Magma Energy Corp. (TSX: MXY) ("Magma" or the "Company") today announced that it has extended the deadline for holding its annual general meeting from September 2, 2010 to December 2, 2010 in order to provide sufficient time for the Company, and its external auditors, to finalize the Company's audited annual financial statements. The Company held an annual general meeting on June 2, 2009 prior to its initial public offering. Pursuant to corporate...

ea04fc96e871754a575d36a9b03f20fa
2010-08-03 09:20:21

A new study has found that a mixing of two different types of magma is the key to the historic eruptions of Mount Hood, Oregon's tallest mountain, and that eruptions often happen in a relatively short time "“ weeks or months "“ after this mixing occurs. This behavior is somewhat different than that of most other Cascade Range volcanoes, researchers said, including Mount Hood's nearby, more explosive neighbor, Mount St. Helens. The research is being reported this week in Nature...

2010-07-28 09:32:00

VANCOUVER, July 28 /PRNewswire-FirstCall/ - Magma Energy Corp. (TSX: MXY) is responding to comments that have been made by the government of Iceland at a recent press conference. Magma understands that the government has announced its intention to establish a committee respecting foreign investment into Icelandic energy companies. The government has also advised HS Orka that it has not made a decision on Magma's purchase of further shares in HS Orka. The transaction to acquire Geysir Green...

2010-06-21 08:25:00

VANCOUVER, June 21 /PRNewswire-FirstCall/ - Magma Energy Corp. (TSX: MXY) announces the following senior management changes: At our company's head office in Vancouver, Ms. Sandra Lim will retire as Chief Financial Officer on June 30. Sandra was instrumental in Magma's early development. We extend to Sandra our greatest appreciation for her outstanding contribution to Magma Energy and offer our best wishes for her retirement. Ms. Annette Cusworth has been appointed to replace Ms. Lim as Chief...


Latest Magma Reference Libraries

28_b46b9ec00de524c00702bbc1d05bc0c9
2005-05-25 18:34:42

Scoria is a term used by geologists to describe an igneous rock containing many gas bubbles, or vesicules. Scoria forms when magma rich in dissolved gases is vented. As the magma encounters lower pressures, the gasses are able to escape and form bubbles. These bubbles are trapped when the magma cools and solidifies. Volcanic cones of scoria can be left behind after eruptions, usually forming mountains with a crater at the summit. An example is Mount Wellington, Auckland in New Zealand....

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Word of the Day
tesla
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.