Canadian Solar Inc. shares hit a new high after the maker of photovoltaic cells and modules lifted its 2008 revenue forecast, citing strong sales to German customers.
Canadian Solar rose as high as $49.24 before moving back to $47.59, up $5.13 or 12.1 percent, in afternoon trading.
The company, which also announced increased capital spending plans, expects [...]

International Kirkland Minerals Inc. (”IKI” / the “Company”) (CDNX:IKI.V) announces that the Company has expanded its Cosby Property holdings by adding 4 new claims in consideration for the payment of $15,000 and 50,000 shares of IKI. The Cosby property agreement has been amended to incorporate these new claims which carry a 2% Net Smelter Return, [...]

Bancroft Uranium Inc. today wishes to advise the public as to the Company’s strong ongoing commitment to environmental principals, the health of its workers, the community and to the overall protection of the environment.
Bancroft believes that the production of emissions-free electricity via nuclear power generation is the only form of energy for the future that [...]

Investors on Friday rewarded Joy Global Inc., which makes mining equipment, for a fiscal second-quarter profit that easily topped Wall Street expectations. The stock peaked at a new year high.
Net income for the three months ended May 2 fell to $72.1 million, or 66 cents per share, from $77.6 million, or 70 cents per share, [...]

BOLERO RESOURCES CORP. announces today that the camp is now set up on Arcadia and drilling is about to commence. Bolero has the right to earn 50% of the Arcadia Property from Alix Resources Corp (AIX-TSX:V) (37N-FRANKFURT).
The Arcadia property represents an Archean lode-gold deposit located on the Arctic Ocean in Canada’s Nunavut territory, west [...]

UNION GOLD INC. a TSXV listed Company, announces that it has today entered into an binding agreement (the “Letter Agreement”) with respect to a proposed amalgamation or plan of arrangement, or other form of merger or business combination (the “Transaction”) with Shoal Point Energy Ltd. (”Shoal Point”).
About Shoal Point Energy:
Shoal Point Energy Ltd. is a [...]

Mexico’s state-run oil company says output fell 9 percent to 2.87 million barrels a day in the first four months of the year, as production at its biggest oil field sagged.
Petroleos Mexicanos (Pemex) said output from its main Cantarell oil field dropped by 416,000 barrels a day, or 26 percent, from the same period last [...]

Mengold Resources Inc. has finalized a Joint Venture Agreement with X-Ore Resources Inc. for the Greenwater Ni-PGE Property (Greenwater). Since the first announcement of this joint venture on March 3, 2008 (see news release NR-08-07), the partners have staked additional claims increasing the size of the property to 9,088 hectares (22,456 acres). This Property, located [...]