In his State of the Union Address, President Obama spoke about the importance of natural gas as an energy source. “One of the reasons why is natural gas – if extracted safely, [is] the bridge fuel that can power our economy with less of the carbon pollution that causes climate change. Businesses plan to invest almost $100 billion in new…
Read MoreDay: February 6, 2014
Report Cites ‘Negative’ Impact of Frac Sand Mining
Potential impacts on water quantity, water quality, recreation and tourism have “prompted necessary questions about the mining of Iowa sand for fracking,” state researchers said.
Read MoreNorthern Frac Proppants to Launch Second Frac Sand Mine
Northern Frac Proppants (NFP) announced plans to construct a second frac sand mine and processing plant in Jackson County, Wis.
Read MoreHi-Crush Reports Year-End Results
Hi-Crush Partners reported fourth quarter results. Net income was $18.1 million, or $0.63 per limited partner unit, for the fourth quarter of 2013 and $58.6 million, or $2.08 per limited partner unit, for the year ended Dec. 31, 2013.
Read MoreRainmaker Acquires Mineral Rights in Canada
Rainmaker Mining Corp. has entered into a Letter of Intent (LOI) with the 50/50 partnership of Zimtu Capital Corp. and 877384 Alberta Ltd. to acquire four metallic and industrial minerals permits in north western Alberta, totaling approximately 24,363 hectares. The permits have potential to host deposits of silica sand suitable for hydraulic fracturing, and are immediately adjacent to a current…
Read MoreMDU Resources Grows Aggregates Business
Aggregates, energy and oil producer MDU Resources Group Inc. reported 2013 consolidated adjusted earnings of $289.9 million, or $1.53 per share, compared to $218.9 million, or $1.16 per share in 2012.
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