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Showing posts with label greenhouse gases. Show all posts
Showing posts with label greenhouse gases. Show all posts

Tuesday, April 9, 2013

Gold production up at Brigus Gold's Black Fox Mine.

Brigus Gold Exceeds Q1 Production Target9:15AM ET on Monday Apr 08, 2013 by Business Wire
Brigus Gold Corporation ("Brigus" or the "Company")(NYSE MKT: BRD; TSX: BRD) is pleased to announce record production levels of 26,316 gold ounces in the first quarter of 2013.

"Operationally Brigus has never been stronger," said Daniel Racine, Brigus' President and Chief Operating Officer. "Much of our production success can be attributed to the underground gold grades which continued to exceed reserve grades during the quarter."


      Operating Results        First Quarter   Change  Fourth Quarter   Change
                             -----------------         --------------
                               2013     2012                2012
---------------------------  -------  -------  ------  --------------  -------
Tonnes milled                183,819  180,965   2,854         185,727  (1,908)
---------------------------  -------  -------  ------  --------------  -------
Tonnes per day                 2,042    1,989      53           2,019       23
---------------------------  -------  -------  ------  --------------  -------
Average recovery (%)              94       96     (2)              94        -
---------------------------  -------  -------  ------  --------------  -------
Average grade (gpt)             4.74     3.04    1.70            4.04     0.70
---------------------------  -------  -------  ------  --------------  -------
Gold production (ounces)      26,316   16,922   9,394          22,672    3,644
---------------------------  -------  -------  ------  --------------  -------
Gold sold (ounces)            27,818   16,033  11,785          20,175    7,643
---------------------------  -------  -------  ------  --------------  -------
Gold price (US$/ ounce) (1)   $1,626   $1,687   $(61)          $1,712    $(86)
---------------------------  -------  -------  ------  --------------  -------
(1) Excludes the impact of sales under the Goldstream agreement

Brigus Gold produced a total of 26,316 gold ounces in Q1 2013, a 16 percent increase from the 22,672 ounces produced in the fourth quarter of 2012 and a 56 percent increase over the same period in 2012.

The Black Fox mill processed 183,819 tonnes of ore at an average grade of 4.74 grams of gold per tonne and an average recovery of 94 percent in the quarter. Throughput averaged 2,042 tonnes per day.
The Company will release complete first quarter financial and operational results on May 14, 2013.
2013 Outlook In 2013, Brigus will fund Black Fox and Grey Fox operations with internally generated cash flows. Brigus' production guidance for 2013 is 90,000 to 100,000 ounces and cash costs are anticipated to be in the range of $700 - $750 per ounce.

Capital costs for 2013 are forecasted as follows; $16 million (M) for underground sustaining capital, $6M for development capital relating to the underground, $13M for open pit capital stripping and overburden removal, $6M for property plant, equipment and other capital items, $2.5M for underground exploration, and $12M for development of the Grey Fox Mine and exploration on the Black Fox Complex.

The Company remains focused on increasing gold resources at Grey Fox and at the Black Fox underground mine through targeted exploration drilling which will continue throughout the year.

About Brigus Gold
 Brigus is a growing gold producer committed to maximizing shareholder value through a strategy of efficient production, targeted exploration and select acquisitions. The Company operates the wholly owned Black Fox mine and mill in the Timmins Gold District of Ontario, Canada. The Black Fox Complex encompasses the Black Fox mine and adjoining properties in the Township of Black River-Matheson, Ontario, Canada. Brigus is also advancing the Goldfields Project located near Uranium City, Saskatchewan, Canada, which hosts the Box and Athona gold deposits. In Mexico, Brigus has the Ixhuatan Project located in the state of Chiapas. In the Dominican Republic, Brigus has signed an agreement to sell its remaining interests in three mineral exploration projects.
Cautionary and Forward-Looking Statements Statements contained in this news release, which are not historical facts, are forward-looking statements that involve risk, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All statements regarding the ability of the Company to achieve its production, total cash costs, steady state annual production and mining rate estimates; increase in gold production; increase in profitability; exploration drill results and resource additions, are forward-looking statements and estimates that involve various risks and uncertainties. This forward-looking statements include, or may be based upon, estimates, forecasts, and statements as to management's expectations with respect to, among other things, the outcome of legal proceedings, the issue of permits, the size and quality of the Company's mineral resources, progress in development of mineral properties, future production and sales volumes, capital and mine production costs, demand and market outlook for metals, future metal prices and treatment and refining charges, and the financial results of the Company.
Important factors that could cause actual results to differ materially from these forward-looking statements include environmental risks and other factors disclosed under the heading "Risk Factors" in Brigus' most recent Annual Information Form and Management Discussion and Analysis filed under the Company's name at www.sedar.com and annual report on Form 40-F filed with the United States Securities and Exchange Commission at www.sec.gov as well as elsewhere in Brigus' documents filed from time to time with the Toronto Stock Exchange, the NYSE Amex Equities, the United States Securities and Exchange Commission and other regulatory authorities. All forward-looking statements included in this news release are based on information available to the Company on the date hereof. The Company assumes no obligation to update any forward-looking statements, except as required by applicable securities laws.


SOURCE: Brigus Gold Corporation

Brigus Gold Corporation 
Kate Wood, (902) 442-7184 
Manager, Investor Relations 
kwood@brigusgold.com

Wednesday, March 16, 2011

Science - Making gasoline from greenhouse gases moves into testing phase.

Carbon Sciences Begins Performance Testing of Breakthrough Catalyst in Commercial Facility

Company’s Catalyst is Key to Solution for Replacing Petroleum as a Source of Transportation Fuels

Santa Barbara, CA - March , 2011 - Carbon Sciences, Inc. (CABN),
the developer of a breakthrough technology to transform greenhouse gases into gasoline and other portable fuels, today announced the commencement of the testing of its dry reforming of methane technology in a commercial facility.

Byron Elton, Carbon Sciences’ CEO, commented, “We recently announced an aggressive 2011 development plan. The first step is the performance testing of our breakthrough catalyst in a commercial facility with multiple reactors using protocols required by the oil and gas industry. We have recently engaged a commercial testing firm to perform this task. The equipment build out is underway and actual testing will commence shortly. The results from this exercise will provide us with valuable data for starting the design of a commercial grade catalyst.”

Wednesday, February 9, 2011

Carbon Sciences GTL Technology

Carbon Sciences Accelerates Development of Breakthrough CO2 to Fuel Technology
Company Energized by Solid Technology Foundation

Santa Barbara, CA - February 8, 2011 - Carbon Sciences, Inc. (CABN), the developer of a breakthrough technology to transform greenhouse gases into gasoline and other portable fuels, today announced details of its plan to accelerate the development of its breakthrough CO2 to fuel technology.

Carbon Sciences’ technology is based on a high performance catalyst for the efficient transformation of CO2 and methane gas into a synthesis gas, which can then be processed into gasoline and other fuels. The fundamental reaction being catalyzed is known as CO2 reforming of methane.

Tuesday, January 25, 2011

Ballard Power Systems gaining traction in Brazil with Fuel Cell Bus program!

Cute busImage by LHOON via FlickrBallard Gaining Traction in South American Fuel Cell Bus Market With Integrator Tuttotrasporti

 VANCOUVER, Jan 2011 /PRNewswire via COMTEX/ --Ballard Power Systems (TSX: BLD; NASDAQ: BLDP) today announced a contract to supply three fuel cell power modules to Tuttotrasporti (http://www.tuttotrasporti.com.br/; TUTTO), the largest Brazilian integrator of hybrid transit buses.

Ballard's fuel cell modules are intended for use in zero-emission buses operated by transit agencies in Brazil


"This contract is a further indicator of growing demand for clean fuel cell-powered buses," said Michael Goldstein, Ballard's Chief Commercial Officer. "Brazil has 350,000 transit buses in operation today and is the third largest bus manufacturer globally. We are very pleased to extend our partnership with a leading integrator in TUTTO, operating in the important South American market."

Tuesday, December 28, 2010

Monday, November 22, 2010

Carbon Sciences Announces Successful Performance Testing of Company’s Proprietary Catalyst , for transforming greenhouse gases into pure gasoline.


Novel Catalyst Is Key to Transforming Greenhouse Gases into Gasoline

Santa Barbara, CA - November 22, 2010 - Carbon Sciences, Inc. (CABN), the developer of a breakthrough technology to transform greenhouse gases into gasoline and other portable fuels, today announced the successful performance testing of its novel catalyst.

“In August of this year, we successfully synthesized the raw catalyst, a vital step in the development process. Now, we have tested the catalyst and it works as planned. This performance validation is a major milestone for us in demonstrating the commercial feasibility of our breakthrough technology,” said CEO Byron Elton. “The results from our laboratory tests have been very encouraging and represent an important step forward in our quest to make gasoline without using crude oil,” he added.

“From literally thousands of options, we have narrowed down our choice to two catalyst designs. More importantly, our rigorous testing shows that the catalysts work in accordance with earlier computer simulations,” said Dr. Naveed Aslam, the company’s Chief Technology Officer.

Dr. Aslam continued, “The key features we have confirmed in our tests are high conversion efficiency and potential for catalyst longevity, which translates directly into commercial viability. High conversion efficiency means lower capital cost to produce substantial quantities of fuel. Longevity means that our systems will not require frequent shutdown for maintenance and catalyst cleaning. These are the primary challenges faced by previous industry attempts. Our initial laboratory results lead us to believe that we will be able to overcome these challenges at commercial scale. Lastly, unlike catalysts previously considered by others, our catalysts are designed using common metals that are plentiful and inexpensive.”
 

The United States consumes 140 billion gallons of gasoline each year and spends nearly a billion dollars per day on foreign oil. Carbon Sciences estimates that its technology, when commercialized, can be used to meet all the country’s gasoline requirements using just 23 trillion cubic feet of natural gas and 586 million tons of CO2 without using a single drop of crude oil or competing with current natural gas consumption. 

“The successful commercialization of our technology will address the global fuel crisis, result in domestic energy independence and will create millions of green jobs to power America and revitalize our economy,” said Elton. “Because we are using significant amounts of CO2 in the process that would otherwise be emitted into the atmosphere, it is an environmentally friendly technology,” he added.

About Carbon Sciences, Inc.

Carbon Sciences Inc. is developing a breakthrough CO2 based gas-to-liquids technology to transform greenhouse gases into liquid portable fuels, such as gasoline, diesel and jet fuel. Innovating at the forefront of chemical engineering, we are developing highly scalable clean-tech processes to produce liquid fuels from naturally occurring or human-made greenhouse gas emissions. From sources such as natural gas fields, refinery flare gas, landfill gas, municipal waste, algae and other biomass, there is an abundant supply of inexpensive feedstock available to produce large and sustainable quantities of liquid fuel to replace petroleum for global consumption, thereby eliminating our dependence on petroleum. To learn more about the Company, please visit our website at http://www.carbonsciences.com.

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Safe Harbor Stmt: Matters discussed in this press release contain statements that look forward within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such statements that look forward. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the statements that look forward contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These statements that look forward are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.


Previous Articles:
Carbon Recycling will help power the future
Carbon Sciences files second patent in GTL technology




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