Mr. Buck Morrow, President of Northland Resources Inc., to advise that Northland has signed a Memorandum of Understanding with the Port Authority of Kemi in Finland, and its owner, the City of Kemi (Port).
In the MOU, Northland commits to ship the full iron ore production from the Tapuli mine via the Port of Kemi. In [...]
StatoilHydro, the second largest natural gas supplier to Europe and Chesapeake Energy Corporation, the largest US natural gas producer, today announced the signature of a strategic agreement to jointly explore unconventional gas opportunities worldwide.
Under these agreements StatoilHydro will initially acquire a 32.5% interest in Chesapeake’s Marcellus shale gas acreage covering 1.8 million net acres (7,300 [...]
Caldera Resources Inc. announced that it has closed its acquisition of CanBiomine Resources Inc., a private Canadian mining company developing bioleach projects in Southeastern Europe, and has closed the settlement of debts of four creditors of Caldera, who are also insiders of Caldera.
The Acquisition was valued at $625,000 and was completed through the issuance of [...]
Golden Dory Resources announce that is has acquired 376 additional claims at its 100% owned (3135 claim, 78,375 ha) Burin Project in southern Newfoundland, and that Phase 2 airborne radiometric, magnetic and electromagnetic surveys have commenced. The Burin project is host to newly discovered uranium mineralization hosted within the St. Lawrence Granite and includes recently [...]
Biofriendly Corporation announced today that the U.S. Environmental Protection Agency (EPA) approved new product registrations for its Green Plus® liquid combustion catalyst after an exhaustive two year review. Green Plus is a breakthrough technology that improves fuel combustion, thus reducing harmful emissions and improving fuel efficiency.
Biofriendly Chairman and Chief Executive Officer Robert W. Carroll acknowledged [...]
Rio Tinto Alcan will be the title sponsor of Montreal’s new BIXI self-service bicycle rental system, supplying funding for the project as well as aluminium for the construction of the bicycles. BIXI will be offered to the public as of April 2009, with 2,400 bikes available at a network of 300 stations covering central Montreal.
“It’s [...]
Noront Resources Ltd. and Rosseau Asset Management Ltd. announce that they have agreed to a jointly determined single slate of directors for election at Noront’s annual and special meeting of shareholders to be held on October 28, 2008 (the “Meeting”). The new Board will have a strong mandate to move the Company forward in the [...]
Through its mining division Severstal Resources, OAO Severstal announced that the offer by 7027940 Canada Limited, an affiliate of Severstal, to purchase the outstanding common shares of PBS Coals Limited (formerly, Penfold Capital Acquisition Corporation)(TSX: PBS) expired at 11:59 p.m. on October 24, 2008.
In order to resolve outstanding matters between PBS Coals Limited and the [...]
FX Energy, Inc. reported that the Energy Regulatory Office in Poland has approved an 11.1% increase in the wholesale prices of natural gas. The new prices will take effect on November 1, 2008. FX Energy’s gas contracts in Poland are priced as a percentage of published wholesale prices. This move by the Polish regulator will [...]
Rio Tinto is to invest an additional US$300 million in the modernisation of the Kitimat aluminium smelter in British Columbia, Canada, bringing the current project funding total to over US$500 million.
“The Kitimat Modernisation Project leverages two of our greatest competitive advantages - clean, self-generated hydropower and internationally renowned AP smelting technology. This investment continues construction [...]
