Direct Energy Chairman and CEO Deryk King has promoted two members of his leadership team to key positions within the company’s North American operations. The announcement comes on the heels of record first-half profits for the subsidiary of U.K.-based Centrica plc.
Phillip W. Tonge has been named President of U.S. Operations, responsible for leading Direct Energy’s [...]

Russia’s uranium exploration and mining assets at home and in the CIS will be combined into a single, purely state-owned enterprise, nuclear energy chief Sergei Kiriyenko said Wednesday, scotching hopes that private investors would be allowed to retain minority stakes in uranium enterprises.
The announcement follows President Vladimir Putin’s approval on June 9 of a plan [...]

A MINING equipment and earthmoving group will add to a gorge of big-dollar market floats when it releases a prospectus today.
It is understood that Perth-based Emeco, which has been expanding rapidly on the back of the resources boom, will seek almost $1 billion in the raising to be used for growth.
The float comes after the [...]

A WEST Australian mining equipment and earthmoving group will add to a gorge of big-dollar stock market floats when it releases a prospectus today.
It is expected that Perth-based Emeco, which has been expanding rapidly on the back of the current resources boom, will seek almost $1 billion in the raising to be used for [...]