Uruguay Mineral Exploration Inc.: Reschedule of Definitive Agreement with Fortune Valley

Uruguay Mineral Exploration Inc., a South American gold production and exploration company, announced today that the signature with Fortune Valley Resources Inc. (“Fortune Valley”) of the definitive agreement to combine their respective businesses has been rescheduled for November 6, 2009, extending the deadline from October 30. Due diligence is still being undertaken by both parties and... 

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Fortune Minerals engages BNP Paribas to arrange NICO Project debt facility

Fortune Minerals Limited announce that it has retained BNP Paribas to provide advice and financial services in connection with the arrangement of a US$ 200-250 million debt facility to finance the construction, start-up and operation of the Company’s NICO Gold-Cobalt-Bismuth-Copper development in the Northwest Territories. Based in Paris, France, BNP Paribas is a world class financial institution... 

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Revett Elects Tony Alford as New Director at Recently Concluded AGM

Revett Minerals Inc. announce that at its annual and special meeting of the shareholders held on June 16, 2009, shareholders of the company approved all resolutions put before them by management. Directors elected at the AGM are, John G. Shanahan, David R. Lewis, Timothy R. Lindsey and new director Tony L. Alford. Mr. Alford is the Founder and President of PBA Consultants, Inc. since April 1996, a... 

FMC Technologies Acquires Interest in Roxar ASA

FMC Technologies Inc., acting through its wholly owned subsidiary, FMC Kongsberg Holdings AS, and with the assistance of DnB NOR Markets, has acquired 25,000,000 shares in Roxar ASA, representing 10.26% of Roxar’s outstanding share capital. Roxar is a strategic supplier to FMC Technologies of components for subsea and other applications and this transaction will strengthen the relationship between... 

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CONSOL Energy Declares Regular Quarterly Dividend of $0.10 per Share

CONSOL Energy Inc.’s Board of Directors declared a regular quarterly dividend of $0.10 per share, payable on November 21, 2008, to shareholders of record on November 5, 2008. CONSOL Energy Inc., a high-Btu bituminous coal and coal bed methane company, is a member of the Standard & Poor’s 500 Equity Index and has annual revenues of $3.8 billion. It has 17 bituminous coal mining complexes... 

LAI Lands Contract for Manufacturing Components Used for Oil Exploration

LAI International, Inc., strategic supplier of precision components and sub-assemblies for original equipment manufacturers has announced it has secured contract awards for manufacturing precision components used for oil and gas exploration. LAI uses advanced processes to manufacture a series of flex couplings, which incorporate an interlocking design in four-feet-long alloy steel pipe, used to steer... 

CREDO Petroleum Reports That Financial Condition Remains Strong

CREDO Petroleum Corporation reported that its financial condition is sound and that the company is well positioned to capitalize on opportunities that may arise due to recent events in the U.S. and world financial markets. In July CREDO completed a $16,675,000 stock sale. Working capital is approximately $27,400,000, consisting primarily of cash and short term investments, and the company has no debt. As... 

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Constitution Mining Appoints New Chairman

Constitution Mining Corp. announces the appointment of Dr. Michael Stocker to serve as the company’s Chairman of the Board. The Board of Directors appointed Dr. Michael Stocker to serve as a member and Chairman of the board of directors. Dr. Stocker replaces Patrick Gorman as Chairman of the board of directors and Mr. Gorman will continue to serve as a member of the board of directors. Constitution... 

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Bharat Petroleum Corporation Ltd. Selects Meridium to Improve and Optimize Inspection Program

Meridium Inc., the global leader in asset performance management software and consulting solutions, today announced that Bharat Petroleum Corporation Limited (BPCL) has licensed Meridium software for its Kochi and Mumbai refineries. BPCL, a Fortune 500 Company, is a leading player in the petroleum sector in India, with its core business in refining crude oil and marketing petroleum products. Meridium... 

CONSOL Energy’s Buchanan Mine Resumes Production

CONSOL Energy Inc.’s Buchanan Mine near Mavisdale, Va. resumed production on Tuesday, September 30, 2008, as all remaining seals in the previous area of concern are at or above 120 pounds per square inch in compliance with federal regulations. The area in the Buchanan Mine that was being sealed is the area of the mine where a roof fall resulted in the mine being idled for nearly nine months last... 

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