News 2 Gold

Gold Price, Gold Chart, buy gold bullion, Gold Daily, Gold History, gold news, gold price today, How to Invest in Gold Invest in Gold, Monotary System, Silver news, Silver prices, Spot Gold, Tips for buying gold and silver, to sell as scrap

Canada says whales no longer in danger as oil pipeline verdict looms

Canada says whales no longer in danger as oil pipeline verdict looms


Canada says whales no longer in danger as oil pipeline verdict looms

Posted: 23 Apr 2014 06:15 AM PDT

Canada says whales no longer in danger as oil pipeline verdict looms

Canada says whales no longer in danger as oil pipeline verdict looms

Canada's federal government is taking humpback whales off the "threatened" species list two months before the government is due to decide whether to approve Enbridge's (TSX:ENB) controversial Northern Gateway pipeline project, which would feed oil onto a tanker shipping through the mammal natural habitat.

Environment Minister Leona Aglukkaq, with advice from Fisheries Minister Gail Shea, has recommended that the British Columbia's population of humpback whales be downgraded from "threatened" to "species of special concern."

The recommendation for the change to the Species at Risk Act was published in the Canada Gazette Saturday.

The move comes weeks before the due date for the government to decide whether to approve the Northern Gateway pipeline, which would carry crude from Alberta's oil sands to the northern B.C. town of Kitimat for loading on tankers that would sail through the Douglas Channel, a breeding and feeding ground for humpback whales.

Environmental groups have argued against the proposed Northern Gateway pipeline saying potential spills, increased noise and tanker collisions would pose a major risk to the whales. Similar concerns have been raised over the expansion of the Kinder Morgan (NYSE:KMP) pipeline to Burnaby.

Enbridge's $5.5 billion Northern Gateway project includes two pipelines running 1,177 kilometres to carry 525,000 barrels of oil per day from Alberta to BC's north coast.

Kinder Morgan's proposed expansion of the Trans Mountain pipeline would increase its capacity from 300,000 barrels a day to 890,000.

Image by outdoorsman

BHP cuts ribbon at its $3.6bn Jimblebar iron ore mine expansion

Posted: 23 Apr 2014 03:00 AM PDT

BHP cuts ribbon at its $3.6bn Jimblebar iron ore mine expansion

BHP cuts ribbon at its $3.6bn Jimblebar iron ore mine expansion

World number one miner BHP Billiton (ASX, NYSE: BHP) officially inaugurated Wednesday its Jimblebar iron ore mine expansion and processing hub in the Pilbara, five months after safety issues at Newman Airport delayed the original scheduled opening last year.

The US$3.6 billion project achieved first production in the September quarter, six months ahead of schedule and it is on track to deliver an additional 35 million tonnes per annum (mtpa) of iron ore, with the capacity to expand to 55mtpa.

The expansion increases BHP's Pilbara supply chain capacity to more than 220mtpa.

The company's iron-ore president Jimmy Wilson said that extensive planning and research went into designing the mine, with productivity measures and technology central to the design plan.

"Our pursuit of productivity gains and operational excellence is delivering significant value at Western Australia Iron Ore. The business is now well positioned to deliver high margin volume growth at a substantially lower cost," he said.

The Jimblebar project includes a new fleet of earthmoving equipment, the duplication of the rail line from the main line to the hub, a new stockyard with four million tonne capacity, a new primary crusher and a new ore handling plant.

Other infrastructure includes mobile equipment and fixed plant workshops, fuel storage and distribution facilities, water and waste treatment plants, administration buildings and a state-of-the-art accommodation village.

The official opening of Jimblebar, jointly funded by BHP and Japanese partners ITOCHU Corporation and Mitsui, was originally scheduled for November last year. However, an unsafe tarmac at Newman Airport forced the ceremony to be postponed until today.

0 Comment for "Canada says whales no longer in danger as oil pipeline verdict looms"

 
Copyright © 2015 News 2 Gold - All Rights Reserved
Template By. Blogger