Beacon Energy Completes Merger, Stock Exchange

July 9, 2008 Filed Under: Mining Stocks, Oil and Gas  

Beacon Energy Corp., an emerging producer and investor in the developing biodiesel sector, has become a wholly-owned subsidiary of Beacon Energy Holdings, Inc., a public reporting company. As a result of the transaction, all stockholders of Beacon Energy Corp. exchanged their interests for stock of the public company. Source: Beacon Energy Corp. Beacon Energy Corp. was formerly a subsidiary of Metalico,... 

Morales says Bolivia to nationalize mining sector

January 19, 2007 Filed Under: Lead Mining, Mining Services, Zinc Mining  

Bolivia’s government will move ahead with plans to nationalize the mining industry, President Evo Morales said Friday, in the latest move by a left-leaning Latin American nation toward more state control of key sectors. Morales, speaking to reporters at a summit of presidents of the Mercosur trade bloc in the Brazilian city of Rio de Janeiro, said however it would not be a full nationalization....