Natural gas and oil producer Petroleum Development Corp. said Wednesday it completed its cash tender offer to buy all of Unioil’s outstanding shares.
As of the Monday deadline, 9.1 million Unioil shares, representing about 95.5 percent of that company’s stock, were validly tendered and not withdrawn.
Petroleum Development will complete the purchase of the remaining shares at [...]

STAKEHOLDERS in the mining sector are in Zambia on a four-day business trip to establish investment opportunities in that country in a move that is set to benefit the country’s mining industry.
The delegation includes officials from the Ministry of Mines and Mining Development, members of the Zimbabwe Miners’ Federation and other stakeholders in the mining [...]

China’s second-biggest coal group by revenue, China Coal Energy Co., is set to raise up to US$1.7 billion (HK$13.3 billion) in a Hong Kong IPO after setting an indicative price range of HK$3.20 to HK$4.05 a share, a person familiar with the deal said on Wednesday.
China Coal, which kicked off its formal IPO marketing [...]

Australian biotech firm Virax Holdings Ltd. said on Monday eight big mining companies had agreed to pay for trials of its HIV vaccine in South Africa, which is battling one of the world’s worst AIDS crises. Virax applied to South Africa’s drugs regulator in September for approval to conduct a clinical trial of its [...]

New Delhi, Nov 27: Gold prices continued to rise on the bullion market today on sustained buying by stockists, influenced by a rising overseas trend and closed higher by Rs 10 at Rs 9,390 per ten grams.
The precious metal registered a gain of Rs 205 per ten grams in the last seven trading sessions, on [...]

Shares of Pacific Ethanol Inc. rose in Tuesday afternoon trading after the ethanol producer swung to a third-quarter profit that beat Wall Street expectations.
The stock rose $1.05, or 6 percent, to $18.54 in midday trading on the Nasdaq.
Pacific credited higher ethanol prices and volumes for its 7-cent per share profit, compared to a year-ago loss [...]

Prospect Uranium, Inc., a subsidiary of Tonogold Resources, Inc., announces the formation of Secure Energy LLC., a joint venture for the purpose of acquiring and developing advanced uranium exploration properties amenable to in-situ recovery mining methods.
The Secure Energy LLC. joint venture is an agreement between Prospect Uranium, Inc., Donbarra Group LLC and Hardbow Uranium LLC.
The [...]

Shares in Cameco Corp. (TSX:CCO) rose 2.7 per cent in morning trading Tuesday, a day after the company announced that remediation work is underway at the Cigar Lake uranium project in northern Saskatchewan.
On the Toronto stock market, Cameco stock was up $1.01 at $38.31 on 806,000 shares traded.
Water filled the Cigar Lake underground development on [...]