Range River Gold announced that it has agreed in principle terms for Northwest Nonferrous International Investment a 100% owned subsidiary of the Northwest Mining and Geological Exploration Bureau for Nonferrous Metals (NWME) to earn-in to the company’s Indee Project in Western Australia. The company and NWME have also agreed in principle terms for co-operation on [...]

Hochschild Mining Plc. increased its stake in Canadian gold producer Lake Shore Gold Corp. to 40 percent after buying 11.8 million shares from a subsidiary of FNX Mining Co. Inc.
The shares were acquired for C$1.82 per share or a total of C$21.4 million in cash.
In February, the FTSE-250 precious metals producer, which had focused on [...]

Hecla Mining Co. says it is selling its subsidiaries in Venezuela to Rusoro Mining Ltd. in a deal worth $25 million.
The company says Rusoro, of Vancouver, British Columbia, will pay $20 million and give up Rusoro stock worth $5 million to purchase assets including leases for the Isidora gold mine and La Camorra mining facility [...]

Cabot Oil & Gas Corporation announced that it has priced a public offering of 4,350,000 shares of its common stock at price to the public of $65.27 per share. The size of the offering represents an increase over the 3,600,000 shares that the Company had previously announced. Proceeds of the offering are expected to [...]

Gammon Gold Inc. (”Gammon”) (TSX:GAM and AMEX:GRS): advises that a new Investor Presentation for use in the Company’s Toronto based marketing tour during June 2008, has been posted on the Company’s corporate website and can be accessed through the following link: June 2008 Presentation. (http://www.gammongold.com/library/presentations/Gammon%20Gold%20Presentation%20June%202008.pdf) The presentation provides updated financial and productivity metrics, including forecasted [...]

Goldman Sachs upgraded the oilfield services sector to “Attractive” from “Neutral,” predicting strong profit growth due to greater drilling activity and high oil prices.
Analyst Charles Minervino expects earnings to grow in the double digits through 2011 as high oil prices lead to more rapid rig construction, and both drilling activity and the rates oil companies [...]

Intel Corp. will spin off key assets of a startup business to form an independent company called SpectraWatt Inc. that will make and supply photovoltaic cells to solar module companies.
Intel’s global investment organization — Intel Capital — will lead a $50 million investment round in SpectraWatt with Goldman Sachs subsidiary Cogentrix Energy LLC, PCG Clean [...]

At an average $3.74 per gallon, Wichita, Kan., had the least expensive gas in the country Thursday, according to GasBuddy.com.
Wichita is followed by Oklahoma City ($3.79), Tulsa, Okla. ($3.79), Tucson, Ariz. ($3.80) and Columbia, S.C. ($3.84).
At an average $4.56 per gallon, Los Angeles has the most expensive gas in the country Thursday, according to [...]

Guyana Gold Corp. is pleased to report that it has received a joint venture proposal to develop the Port Kaituma Gold Project. The proposal would expand the company’s land position and increase the scale of the Port Kaituma project. Guyana Gold Corp. had received a number of joint processing proposals and has now expanded those [...]

RAM GOLD & EXPLORATION, INC., announced today that it has launched its website www.ramgold.net. The website has been under development for the last few weeks and the Company now feels confidant that the content and information provided may be helpful to the public in understanding more about the Company now and in the future as [...]