U.S. Energy Corp. , a natural resources exploration and development company with interests in molybdenum, oil and gas, and real estate, today announced that in light of current economic conditions it intends to suspend finalizing its application for a listing on the Toronto Stock Exchange.
“In light of the turbulent market conditions in the last quarter, [...]
Lakeside Steel Inc. announced that it reached a tentative agreement with the Canadian Auto Workers, Local 523 (”CAW Local Union”) representing about 400 employees of Lakeside Steel Corporation (”Lakeside”), the wholly-owned subsidiary of Lakeside Steel, for a three year term ending October 31, 2011.
The agreement is subject to approval by members of the CAW Local [...]
DIAGNOS inc., a leader in the use of artificial intelligence (”AI”) and advanced knowledge extraction techniques, announced today the signing of an agreement with Diamond Frank Inc, a Canadian mining exploration company, optioning 100% interest in its K6 project situated in the Otish Mountains.
Diamond Frank will pay exploration fees to DIAGNOS, a cash amount of [...]
Dynamite Resources Ltd. announced that it has entered into an agreement to purchase a 40% interest in the Segala gold project located in Mali, West Africa from Avion Resources Corp.. Avion Resources will retain a 40% interest in the Segala Gold Project, with the remaining 20% interest held by the Government of Mali.
David Argyle, the [...]
U.S. Energy Corp., a diversified natural resource company with interests in molybdenum, oil and gas, gold, and real estate, today provided a review of 2007 results and an update on current operations for its primary business segments.
Review of 2007 Accomplishments
The year ended December 31, 2007 was the most profitable in U.S. Energy Corp.’s history, due [...]
Alcoa Inc. announced that it has reviewed Alcan’s continuity agreement with the Government of Quebec which identifies the requirements that Alcoa must meet regarding Alcan’s future operations in the Province in order to maintain certain of Alcan’s hydroelectric and water rights. In a letter to Alcan’s Board of Directors, Alcoa outlined the many ways in [...]
The federal government gave its approval Monday for the reopening of an oil-shale mine in Utah, one of the experimental works intended to boost domestic oil production on Western lands.
A top-ranking Interior Department official signed off on the project, and officials said an Alabama-based partnership, Oil Shale Exploration Co., would be offered a lease to [...]
Andean American Mining Corp. announced that it has retained the services of CHF Investor Relations (Cavalcanti Hume Funfer Inc.) of Toronto and Calgary, Canada’s longest established and one of its most respected IR firms.
John Huguet, Chairman and CEO, commented: “We are committed to proactively increasing and improving investor awareness of Andean American, in particular its [...]
Arian Silver Corporation is pleased to announce the start of a 3,000 metre diamond drilling programme at the Tepal property, Michoacan state, Mexico.
The project was previously explored in the 1970’s and the early 1990’s by a number of companies including International Nickel Company of Canada Ltd (INCO), Teck Resources Inc (Teck) and Minera Hecla [...]
Donnie Lewis says he’d quit the coldest, dirtiest job he’s ever known — drilling in Canada’s oil-rich bogs for Suncor Energy Inc. — if it wasn’t for the free private room, maid service and five-course meals.
“I wouldn’t do it if I had to share a room with six other fellows, all snoring and making a [...]
