Wajax Income Fund announced that its Industrial Components business unit, Kinecor, has agreed to acquire the assets of Weir Process Equipment, a division of Weir Canada Inc. for $25.4 million, subject to post-closing adjustments. The transaction is conditional on approval by the federal Competition Bureau. Closing will occur following receipt of approval which is expected [...]

Breakwater Resources Ltd. Effective today, Breakwater exercised its right pursuant to the terms of the Unsecured Subordinated Convertible Debenture issued by Blue Note Mining Inc. (formerly, Blue Note Metals Inc.) dated August 1, 2006 to convert the Debenture in exchange for a twenty percent (20%) interest in the mineral properties and mine facilities which [...]

Allied Energy, Inc. announced today that it has begun drilling its 2nd location in Pawnee County, Oklahoma.
“We expect to reach total depth for the #8-9 Foust in the next couple of days and are confident in the results we have seen thus far in Pawnee County,” said Allied’s President, Steve Stengell.
“Given the present and future [...]

Enbridge Inc. and BP Pipelines Inc. announced they have entered into an agreement to develop a new delivery system to transport Canadian heavy crude oil from Flanagan, Illinois, to Houston and Texas City, Texas, using a combination of existing facilities and new pipeline construction where required.
The new delivery system is expected to be in service [...]

Ensco International Incorporated announced that a subsidiary of the Company has entered into a drilling contract with Chevron Australia PTY., Ltd for the utilization of ENSCO 7500, an ultra-deepwater semisubmersible rig now operating in the Gulf of Mexico. The rig is expected to complete its current contract with Chevron U.S.A. in September 2008 and then [...]

JNR Resources Inc. provide the following update on its uranium exploration activities in central and western Newfoundland. The Company is actively exploring two projects: Topsails and Rocky Brook.
The 278,000-hectare Topsails project is a 50/50 alliance between the Company and Altius Resources Inc. (jointly the ‘Companies’), which was established to explore for volcanic-hosted uranium deposits in [...]

AXMIN Inc. announces that, earlier today, its wholly owned subsidiary Aurafrique SARL, heard on the local radio that a Decree dated August 22, 2008 purporting to amend Article 2 of the Bambari 1 and 2 permits located in the Central African Republic has been issued. These permits were last renewed on June 29, 2007 and [...]

Anvil Mining Limited advises that the Australian Securities Exchange (”ASX”) has granted a waiver from Listing Rule 7.1 to permit the Company to issue securities without security holder approval.
The specific waiver that has been granted to the Company is subject to the
following conditions:
- The Company [...]

Chevron Corporation, the government of Indonesia, the local government of Aceh province, the National Education Department, the Rehabilitation and Reconstruction Agency for Aceh and Nias, and the United States Agency for International Development (USAID) today announced the completion of a $16 million partnership to construct a polytechnic institute in Aceh province, Indonesia.
Chevron committed $6 million [...]

Serica Energy plc announce that it has completed the sale of a 15% interest in the Glagah-Kambuna Technical Assistance Contract offshore Sumatra, Indonesia, to a subsidiary of Salamander Energy plc.
The consideration received by Serica on completion was US$52.7 million and Serica’s interest in the Kambuna TAC is now 50% with Salamander holding the remaining 50%. [...]