Friday, August 24, 2007
The cell phone giant also expanded its Denver-area broadband coverage to including Elizabeth, Evergreen, Ken Caryl Ranch and Lone Tree as well as casino meccas Black Hawk and Central City. The company said it has invested more than $500 million in its Colorado network during the past five years to expand capacity and coverage.
Verizon's Evolution-Data Optimized (EV-DO) Revision A network offers average download speeds of 600 kilobits to 1.4 megabits per second and is targeted at mobile professionals, business customers and students. At those speeds, users could download a 1 megabyte file in eight seconds and upload the same file in 13 seconds.
The company's broadband network is now available to more than 210 million people. For more information, go to www.verizonwireless.com.
Thursday, August 23, 2007
Wednesday, August 22, 2007
Tuesday, August 21, 2007
Eddie Sturman, co-founder of Sturman Industries in Woodland Park, presented his company's advances in cleaner-burning diesel engine technology Aug. 16 at the 2007 Diesel Engine-Efficiency and Emissions Research Conference in Detroit.
Digital valve technology integrated into both the fuel injection system and the hydraulic valve acutators reduces fuel consumption and improves power output. Plus, the system is designed to run on both conventional diesel fuel and B99 biodiesel.
Sturman has 28 customers worldwide using various parts of its digital technology. Read about reaction to Sturman's first presentation on the product in North America this month in The Gazette's Business section.
Monday, August 20, 2007
See a video and photo from the event at gazette.com.
Here are some facts about the operation:
Company ownership: Cripple Creek and Victor Gold Mining Co. is a joint venture between Golden Cycle Gold Corp. and AngloGold Ashanti (Colorado) Corp.
Acres owned and permitted: 5,847
Production: 250,000 to 300,000 ounces poured per year
Annual operating costs: 2004, $84 million; 2006, $100 million; 2007 $105 million; 2008 estimate $115-120 million
Current market price of gold: About $640 an ounce
Company profit margin: $100 to $150 an ounce
Exploration drilling: To 1,500 feet deep
Gold ore crushed per day: 65,000 to 70,000 tons
Gold ore needed to produce an ounce of gold: 60 tons of ore, and generally 120 tons of additional rock are moved for one ounce
Cost of one new 240-ton haul truck: $2.7 million
Cost of one truck tire: $30,000
Annual diesel fuel cost for 18 haul trucks and other heavy equipment: More than $20 million
Employees: 325, of which 120 are heavy-equipment operators
Annual payroll: $23.7 million in 2006, including benefits
Blasting: Averages once or twice daily, between 7 a.m. and 4 p.m., except Sundays