April 19, 2024

Kinder Morgan plans to double capacity

The Trans Mountain Pipeline is getting a 5-billion-dollar expansion.  Kinder Morgan has announced plans to nearly double the capacity to bring oil from Alberta to Burnaby.  President in Canada, Ian Anderson, says it means more than three times as many tankers will travel in and out of Burrard Inlet. right now, the company moves 5-10 … [Read more...]

Samsung looks to borrow $1 billion to expand production capacity in Austin, Texas

When you're producing chips for the iPad and iPhone, you need a serious facility to meet those demands. And evidently, Samsung's not foreseeing its legal battles with Apple to cause any wrinkles in said plans. In fact, Bloomberg is reporting that Sammy has "sent requests for proposals to banks to borrow as much as $ 1 billion to expand production … [Read more...]

Timmins Gold set to increase capacity

VANCOUVER - Timmins Gold Corp. (TSX:TMM) says its revised plan for the San Francisco gold mine in Mexico calls for a much larger crushing system to take advantage of the project's increased reserves and current high gold prices.Based on processing 32,000 tonnes of ore per day and gold at US$ 1,200 an ounce, the Vancouver-based company estimates it … [Read more...]