Paget Minerals Options Ben Moly Property

Paget Minerals Corp. announced that it has entered into an Agreement with TTM Resources Inc. (“TTM”) whereby TTM can acquire a 100% mineral interest in the Ben molybdenum property in the Nechako Basin, central B.C. The property consists of four mineral claims that lie south of and adjacent to TTM’s Chu molybdenum project currently under active exploration by TTM.

Under the terms of the Agreement, Paget will receive 200,000 common shares in the capital of TTM and $32,880 as reimbursement for the total expenses incurred by Paget on the property upon receipt of regulatory approval. TTM is also required to expend up to $500,000, or such lesser amount as both TTM and Paget agree, in work expenditures on the property within a period of 12 months following the initial payment.

If, in the reasonable opinion of TTM, sufficient mineralization has been identified on the Property and commercial production is likely to occur within a period of five years from the date of the Purchase Agreement, Paget will have the right to back-in to the Ben project for a 49% undivided participating interest by paying TTM 49% of its total costs in connection with the property (“Back-In Right”). In the event that Paget exercises the Back-In Right, a joint venture will be deemed to have been formed and the parties will enter into a Joint Venture Agreement.

David Volkert, President & CEO of Paget Minerals, stated, “The agreement with TTM is in line with Paget’s strategy of capitalizing non-core assets allowing Paget to invest funds on our precious metals properties in BC and Quebec.”

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Ventyx Releases 2009 U.S. Coal Industry Map

Ventyx Releases 2009 U.S. Coal Industry Map


Ventyx®, the world’s largest private software, data and advisory services provider to the energy and utility industry, today announced the release of the new 2009 U.S. Coal Industry Map, providing the industry’s most comprehensive view of this vital sector of the U.S. energy industry.

Utilizing data from the industry-leading Ventyx Velocity Suite energy intelligence solution, the 2009 U.S. Coal Industry Map is designed to help customers better understand in geographic terms where coal is produced, where it is consumed and how it is transported.


“In many ways, coal sits at the center of the key issues challenging the energy industry today,” said Will Dailey, executive VP, Ventyx Energy Data, Intelligence & Advisory. “The coal industry has a lot at stake in the outcome of issues like cap and trade, state and federal renewable portfolio standards and the formulation of market rules around wind integration. And, certain regions will be affected more than others. Our U.S. Coal Industry Map provides the definitive picture of the industry and can provide answers to complex questions at a glance.”

The 2009 U.S. Coal Industry Map is a beautifully rendered 48-inches-by-92-inches, presentation-quality, full-color wall map including the following features:

* Coal Mines. Nearly 800 coal mines producing 100,000 tons in 2008 are identified with mine name, operator and owner–symbolized by production and surface/underground.
* Electric Generating Facilities. More than 600 coal-fired power plants are clearly displayed according to coal consumption, scrubber status and terminating transportation options, and labeled with plant name and operator.
* Proposed Generating Facilities. The latest data from Ventyx’s New Entrants product details 108 new plant developments or expansions.
* Proposed Scrubbers. The map identifies proposed SO2 controls on both existing and proposed power plants.
* Industrial Coal Consumers. The locations of nearly 500 major industrial coal consumers–by facility name as well as operating company–are also identified.
* Detailed Data. Data tables show consuming plants and their operator, 2008 coal consumption and map location, mine operator/owner, production and map location, as well as industrial consumers by company, facility name and map location.
* Basin-to-Plant Rail Distance. Average railroad distance from major coal supply regions to coal consuming plants is included.
* Railroads. More than 160,000 miles of Class I and short-line railroads are displayed, clearly portraying joint-track and trackage rights.
* Other Coal Transportation. The inland waterway system, mileposts and major coal trans-loading facilities are included.
* Export/Import Ports. Ports are indicated by import/export status, as well as tonnages and mileage to major market centers.
* Detailed Insets. Map offers enhanced detail of Appalachia and the Illinois Basin as well as a thematic map showing current and proposed utility plant consumption by quantity and source region.
* Reference Features. Cities, states, counties, coal basins and other reference features are provided, including the latest satellite imagery and elevation data for the truest display of the geography of the U.S. coal industry.

Steam Coal Buyer and Seller
Steam Coal Suppliers
Steam Coal Buyer Secret System
Steam Coal Export Procedure - Import - Buying
Steam Coal Price System
Steam Coal Buyer
Steam coal Seller
Steam Coal ARB 5500 - 5300
Payment Term Of Steam Coal

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Gold Mining Camp

New Strategic Acquisitions for Midland East of the Duparquet Gold Mining Camp
Midland Exploration Inc. announce the acquisition by staking of two new claim blocks with strong gold potential, located along the eastward extension of the Duparquet gold mining camp. These two new claim blocks, known as Bassignac and Highway, are wholly owned and respectively consist of 25 claims totalling 1,281 hectares and 7 claims covering about 211 hectares. These new strategic acquisitions are located only 25 kilometres north of Rouyn-Noranda, in the Abitibi region of Quebec.


The Highway block is the furthest to the west and is located about 12 kilometres from the Beattie and Donchester deposits, where resources are estimated at 2,095,389 gold ounces based on a cut-off grade of 1.0 g/t Au (Source: 43-101 report published in October 2009 by Peter Bevan). A major drilling program, by Osisko Mining Corporation in partnership with Clifton Star Resources, totalling 120,000 metres is currently underway on these deposits. Recently during this drilling program, a drill hole intersection returned 7.54 g/t Au over 25.2 metres (Source: Osisko Mining Corporation press release dated August 5th, 2010). During a recent field visit of the Highway property, Midland geologists confirmed the presence of a major east-west-trending fault zone subsidiary to the Destor-Porcupine Fault, which is located just 3.5 km further south. This structure marks the faulted contact between conglomerates of the Duparquet Group and volcanic rocks of the Deguisier Formation.

The Bassignac block is located just 6 kilometres further east, along the same structure but in a location where a few km-scale lens-shaped magnetic signatures, similar to the magnetic signature associated with gold-bearing syenite intrusions occurring in the Beattie-Donchester area in Duparquet, were identified.

A compilation of previous work conducted on the two blocks indicates the faulted contact, traced over more than 4 kilometres strike length, has never been tested by induced polarization geophysical surveys. Several gold showings and deposits are known along this structure to the west of Midland’s claim blocks, such as the Central Duparquet No. 1 zone, estimated at 574,196 tonnes grading 5.1 g/t Au. Further east, the Central Duparquet No. 2 showing yielded drill results reaching 2.7 g/t Au over 7.6 metres, and the Jacques showing yielded a drill intersection grading 4.96 g/t Au over 3.3 metres (Source: MRNF SIGEOM map sheet 32D11).

Midland strongly believes these two new properties have an excellent potential to host porphyry-type gold mineralization proximal to a major east-west-trending fault zone subsidiary to the Destor-Porcupine Fault.

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Power Plan Conserving energy

Getting green will put more green in the wallets of 47,000 workers in four Western states over the next 20 years, according to a plan approved by the Northwest Power and Conservation Council.

The council said up to 3,500 direct jobs will be created in Oregon, Washington, Idaho and Montana in the next two decades as energy management companies and utilities hire technicians to meet demand for energy efficiency services. The council predicted that another 43,500 jobs will be created indirectly over that period as businesses take advantage of energy cost savings to boost their payrolls.


Demand for power in those four Western states is expected to increase by 7,000 megawatts by 2030, about the amount of electricity consumed by more than five cities the size of Seattle over the course of a year. Up to 85 percent of that demand can be met through conservation efforts, according to the council’s plan. Revised every five years, the plan serves as a guide for utilities to meet future energy needs at the lowest possible cost.

Energy-efficiency measures are the cheapest option by far, representing about half the cost of building new coal or natural-gas-fired power plants instead. Upgrades to homes and appliances have the most potential for savings at 2,600 megawatts, or 42 percent of the estimated total savings of 6,100 megawatts.

“A lot of this conservation doesn’t come from your utility over the next 20 years, it comes from decisions consumers make,” said John Harrison, a spokesman for the power council.

Harrison said demand for energy efficiency services should increase as consumers replace outdated furnaces and remodel their homes with energy-efficient windows and insulation, possibly with added incentives from their utilities.

Additional savings will come from upgrades to lighting and control systems in commercial buildings, more efficient consumer electronics, equipment and system optimization in industrial operations, upgrades to utility distribution systems and improved agricultural systems.

Not all of the potential energy-saving measures are cost-effective, however. In all, the council estimates about 5,800 megawatts of savings can be met, out of the 6,100 megawatts of energy efficiency measures identified.

Local impact

Northwest Natural Gas and Clark Public Utilities have already started stepping up energy efficiency programs in anticipation of the council’s new plan. The conservation budget is likely to increase at Clark utilities so it can meet new goals set by the power council.

“State Initiative 937 mandates that we achieve all the practical conservation we can achieve as identified by the (power) council,” said Mick Shutt, spokesman for Clark utilities. “We’ll evaluate the final plan, and at some time it will go to our commission to get approval of what else we might do.”

The new programs, in combination with stricter building codes related to saving energy, increased business somewhat last year for Miller’s One Hour Heating and Air-Conditioning in Vancouver.

“The state of Washington will start requiring duct sealing as part of the building code,” said Sharon Brouillette, a spokeswoman for Miller’s. “It’s extra hours for the workers … and it does cost the customer upfront, but in the long run it saves them money because they’re not heating under their house.”

Clark College is also preparing to help meet work force needs in the growing energy efficiency industry with a host-of new programs in the sector, including training in weatherization, smart-grid technology and control systems. The power council’s plan reinforces the school’s mission to prepare students for jobs of the future.

“There will be jobs for our graduates,” said Rassoul Dastmozd, vice president of academic affairs at Clark College. But, he cautioned, “we have to be very careful (about predictions). When the tire hits the road, we don’t know how many jobs will actually be created.”

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US campaign nuclear use

US campaign to boost broader peaceful nuclear use
The United States announced Monday a campaign to raise 100 million dollars over five years to help developing countries gain better access to the peaceful uses of nuclear energy.
The State Department said US Secretary of State Hillary Clinton will announce the campaign in her speech before delegates at the nuclear Non-Proliferation Treaty (NPT) review conference at the United Nations.

"The United States has pledged 50 million dollars to this effort and will work with others to meet the 100 million dollar target by the opening of the next NPT Review Conference," it said in a statement.


The funds are earmarked for projects sponsored by the International Atomic Energy Agency (IAEA) to help meet energy demand and be used for humanitarian purposes, such as boosting cancer treatment and fighting infectious diseases.

It will also be aimed at boosting "food and water security, and at the development of infrastructure for the safe, secure use of civil nuclear power," it said.

"These efforts will be aimed to assist developing countries," it said.

The NPT is built on a bargain. Nuclear weapons states pledged to move towards disarmament. Other states foreswore the bomb in return for unfettered access to peaceful nuclear energy, such as generating electricity.

Clinton, the statement said, will also announce that the United States will seek US Senate advice and consent to ratification of several protocols to the Africa Nuclear-Weapon-Free Zone Treaty (Treaty of Pelindaba) and the South Pacific Nuclear-Weapon-Free Zone Treaty (Treaty of Rarotonga).

"These treaties complement the NPT and enhance the international non-proliferation regime by prohibiting the development or testing of nuclear weapons within their respective geographic zones," it added.

"The United States is not eligible to be a party to either of these treaties, but it is eligible to join treaty protocols open for signature by the nuclear weapons states," it said.

"These protocols include a pledge not to test nuclear weapons within the zones and legally-binding assurances not to use or threaten to use nuclear weapons against treaty parties," according to the statement.

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