Homeland Energy Group Ltd. is pleased to announce first coal production from its Kendal Mine in the Witbank area of South Africa, approximately 50km east of Johannesburg. To date, approximately 8,000 tonnes of coal has been mined from the first of three open pit areas. Processing of the coal through the Company’s Parnaby wash plant [...]
Cleveland-Cliffs Inc and Alpha Natural Resources, Inc. announced that each company’s Board of Directors has approved a definitive merger agreement under which Cleveland-Cliffs will acquire all outstanding shares of Alpha in a cash and stock transaction valued at approximately $10 billion.
Under the terms of the agreement, for each share of Alpha common stock, Alpha [...]
Emerging Capital Partners (ECP), an international private equity firm focused on investing across the African continent, today announced a U.S. $30 million initial investment in Salt Investment S.A. (SI). The company is a new Djibouti-based salt production and export company that will harvest, wash and export salt extracted from Lake Assal, the largest undeveloped salt [...]
Oriental Paninsula Resourses Group Inc or known is about to be investigated by the Philippine Stock Exchange. The investigation is done on request by Nickel mining firm Platinum Group Metal Corp Inc. PGMC requested that the PSE investigate and suspend the trading of its shares for persisting to conduct mining operations in Palawan despite [...]
Strathmore Minerals Corp. is pleased to update progress on its uranium mill and tailings design and studies being carried out by the Company for its uranium projects in northwestern New Mexico. The Company and its Joint Venture partner, Sumitomo Corporation of Japan, have made considerable progress in the evaluation of designing and identifying the optimal [...]
SunOpta Inc. (NasdaqGS:STKL - News) (Toronto:SOY.TO - News) today announced Opta Minerals Inc. has acquired 67% of the outstanding common shares of MCP Mg-Serbien SAS (“MCP”) of France. The transaction includes an option to acquire the remaining 33% minority interest on similar terms. For fiscal 2007 MCP recorded revenues of approximately US$6.3 million selling ground [...]
PACIFIC ASIA CHINA ENERGY INC. announced the closing of the plan of arrangement under which Green Dragon Gas (”Green Dragon”), through its wholly-owned direct and indirect subsidiaries, GREKA China Ltd. and GREKA Acquisitions Ltd. (”GREKA”), acquired all of the Company’s outstanding shares at a price of CDN$0.35 per share in cash, for total cash proceeds [...]
Citizens for Pennsylvania’s Future (PennFuture) heralded Secretary of Environmental Protection Kathleen McGinty as a trailblazer for Pennsylvania’s environment and economy and a truly transformative leader. PennFuture’s comments came as McGinty announced her intention to leave office on July 18, 2008.
“Secretary McGinty has created a record of unparalleled achievement for the Keystone State’s environment and economy,” [...]
Wescorp Energy Inc., an oil and gas technology solutions provider, is pleased to announce that Flowstar Technologies, a wholly-owned subsidiary, has launched its proprietary IFMWorks web-enabled hosting solution. IFMWorks system is designed to be used in a wide range of flow measurement and production data applications. It has the ability to collect data from remote [...]
Transocean Inc. issued an updated fleet status report covering the company’s 137-unit offshore drilling fleet.
Drilling rig status and contract information on the company’s offshore drilling fleet has been condensed into a report titled “Transocean Fleet Status Report,” which is available through the company’s Worldwide Web address at http://www.deepwater.com. The report can be accessed from the [...]
