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Cape Lambert Iron Ore Announces Resource Statement for Cape Lambert Iron Ore Project

Cape Lambert Iron Ore announced a mineral resource estimate for the Central Target Area at its Cape Lambert iron ore project, located in the Pilbara region, WA. The Mineral Resource Estimate is 977Mt @ 32.4% Fe, 39.6% SiO2, 1.76% Al2O3, 0.024% P, 0.11% S and 5.98% LOI. The company added that it has commenced independent [...]

East West Resource Corporation: Seagull PGE-Copper-Nickel Drilling Program Completed

A eight-hole, 3895 metres drill program has been completed on the Seagull ultramafic intrusion located 85 kilometres north of Thunder Bay, Ontario. The purpose for the drilling program was to extend the known PGE (Platinum Group Elements) horizons that occur within the layered intrusion. Previous work had traced 3 upper horizons for a 750 metre [...]

Tag: drilling copper nickel, olivine corporation, what is pge mining

GMX Resources Prices Its 2M-Share Offer at $34.82 Each; Expects Proceeds of $65.5 Million

Oil and gas explorer GMX Resources Inc. on Friday priced an offering of 2 million shares at $34.82 each, representing a 5.8 percent discount to the stock’s closing price Thursday of $36.83 on the Nasdaq.
GMX Resources said it expects proceeds of about $65.5 million and plans to use the money to fund its drilling program [...]

Intermountain Gas Company Acquisition Completed; Company Joins MDU Resources Group

MDU Resources Group, Inc. announced that its acquisition of Intermountain Gas Company, a wholly-owned subsidiary of privately held Intermountain Industries, Inc., has been finalized. The enterprise value of the transaction, including indebtedness, is approximately $328 million.
Intermountain Gas, headquartered in Boise, Idaho, serves more than 300,000 customers in 74 communities in Idaho, including the Boise metropolitan [...]

Tag: mdu intermountain, mdu resources group and intermountain gas co, mdu boise location, intermountain gas co boise id montana, mdu acquires

Strathmore Cites No Material Adverse Changes to Its Business Plan to Account for Share Price Decline

Strathmore Minerals Corp. announces that the company has had no material adverse changes to its business plan to warrant the recent decline in its share price. Management remains very confident in its projects and the progress being made on a number of business initiatives, including those updated in recent news releases.
STRATHMORE MINERALS CORP. is a [...]

Giulio Casello Named Senior Vice President of Business Development for Century Aluminum

Century Aluminum Company announced that Giulio Casello has been named to the newly created position of senior vice president of business development. In this position, he will be responsible for identifying and securing new growth opportunities in the areas of primary aluminum, bauxite and alumina.
Casello joined Century in Sept. 2005 from Alcoa, where he [...]

Tag: giulio casello century, casello century

Steinmeier urges multi-national uranium enrichment facility

German Foreign Minister Frank-Walter Steinmeier has called for setting up a multi-national uranium enrichment facility under UN supervision in a bid to prevent future nuclear disputes like the ongoing one over Iran, the business daily Handelsblatt reported Monday.
“A multilaterization of the nuclear cycle is necessary in order to avoid similar developments in newly industrializing countries [...]

Callon Petroleum names CFO

Callon Petroleum Co. said on Monday Bobby Weatherly, a member of its board, was named chief financial officer and executive vice president.
Weatherly has over 30 years of experience in corporate financial management and has been a member of the board since the company went public 12 years ago, Callon said in a statement.

Anhui natural gas deal propels China Oil stock

Shares of China Oil and Gas Group (0603) surged as much as 50 percent Friday after it announced it has agreed to buy Vast China Group, which has won approval to invest in, construct and operate a natural gas station in Maanshan, Anhui province.
The company said it agreed to buy the entire stake in Vast [...]

WorldWater & Power Corp. Begins Construction of $402,482 Solar System at International Center for Water Technology

WorldWater & Power Corp. , developer and marketer of proprietary high-power solar systems, announced here today the construction start of a $402,482 solar electric system at The International Center for Water Technology (ICWT) at California State University, Fresno’s new building located on the Fresno campus. Founded in 2001, ICWT educates, promotes and assists in the [...]