A General Electric subsidiary increased its share of solar technology company PrimeStar Solar Inc. to a majority stake.
GE Energy said in September 2007 that it had taken a minority stake in the company.
Golden, Colo.-based PrimeStar was formed in 2006 to develop and commercial thin-film photovoltaic modules. It has 60 employees.
Financial terms of the deal and [...]

Liberty Star Uranium & Metals Corp. (the “Company”)(OTCBB:LBSU) is pleased to announce that the CEO/President of the Company, James A. Briscoe, and the CEO/President of Mayo Gold Explorations Ltd. (“Mayo Gold”), Pedro Villagran Garcia, have signed a Letter of Intent to joint venture the El Papago Project (“El Papago”) in Sonora, Mexico and the Tombstone [...]

IC2 Global reported that with regards to the signing of a Letter of Intent with Katumba Minerals which allowed IC2 to commence due diligence on a Molybdenum Project in Nigeria, a key part of the due diligence process was for an independent and suitably qualified consultant to visit the site and review the previous research [...]

Alcoa again has been named one of the World’s Most Ethical Companies by Ethisphere, a think-tank dedicated to the research and promotion of profitable best practices in global governance, business ethics, compliance and corporate responsibility. The recipients were announced during the Ethisphere and Forbes joint-conference, “Driving Profit through Ethical Leadership” held yesterday in New York. [...]

Wellex Mining Corp. of plastics king William Gatchalian is investing P473 million for an ore project in Dinagat Province.
The project involves the production of beneficiated nickel ore for exports to Macau, Japan, China, Taiwan and India.
The mining facility will have a capacity of 1.2 million wet metric tons of beneficiated nickel ore per year.
It will [...]

The head of DuPont Co. says the chemicals producer expects sales to solar energy customers will more than triple within the next five years.
Chief Executive Charles O. Holliday Jr., speaking at the Sanford Bernstein Strategic Decisions Conference, said DuPont expects increased demand for renewable energy sources like photovoltaics — or solar — and ethanol made [...]

Petrobras says one of its subsidiaries found oil and gas in the central Gulf of Mexico. The ultradeep find is nearly a mile-and-a-half underwater and over five-and-a-half miles below the seabed.
Future work will determine the size of the discovery and its commercial viability. Petrobras owns a 25 percent stake in an area of the Walker [...]

Comdek announced that it has signed an option to acquire 100% of the issued capital of Tiger Coal, a company that has applied for two coal projects, the Jericho East and Jericho West Coal Projects in Tasmania. Inferred historical tonnes of coal is 60 to 80Mt of black thermal coal. The company reproted that there [...]

A Saskatchewan mineral exploration company and Japan’s government-owned natural resource corporation are teaming up to look for uranium in the Athabasca River basin.
Under the terms of an agreement signed Friday, Japan Oil, Gas and Metals National Corp. will invest $9 million in exploration projects managed by Saskatoon-based Titan Uranium Inc. (TSXV:TUE) over the next three [...]

In a report to be released Tuesday, London-based New Finance Energy says increased biofuels production is not a primary culprit behind rising food prices.
The study looks at food price increases from 2004 to 2008 and factors such as input costs, dollar depreciation, supply and demand, and speculative activity. It finds that growing emphasis on biofuels [...]