Metalico, Inc. has realigned and upgraded its Platinum Group Metals management team with the hiring of three veterans in key positions.
Andrew V. Masterman has been named PGM Group president with overall responsibility for Metalico’s precious metal recycling operations. Patricia M. Kennedy manages PGM administration, logistics and operations systems. Stephen B. Halliday takes over as general [...]

Diadem Resources Ltd. announce that it has entered into an agreement to retain Wakabayashi Fund LLC of Tokyo, Japan to assist Diadem in structuring and arranging one or more financings over a six month period. This will provide the Company with funding for general corporate purposes and to carry out a drilling program at its [...]

OAO Severstal, one of the world’s leading metals and mining companies, announced that 7027940 Canada Limited, an affiliate of Severstal, has extended the expiration date for its offer to purchase all outstanding shares of PBS Coals Limited (formerly, Penfold Capital Acquisition Corporation), at an offer price of C$8.30 cash per share, to 11:59 p.m. (Toronto [...]

Hidalgo Mining International, an innovative mining company headquartered in Port Washington, N.Y., announced that it has completed acquisition of the balance of the Tinkisso property which adds an additional 26 kilometers of property, increasing their Tinkisso property to now encompass a total of 56 kilometers.
Mark Daniel Klok, President of HMIT, stated: “We have increased our [...]

In response to queries received from investors, Ivanhoe Mines President and CEO John Macken said today that there are no adverse material events that would account for recent selling pressure on Ivanhoe Mines’ stock in trading on the Toronto, New York and NASDAQ exchanges.
Mr. Macken said that senior management of Ivanhoe Mines and its strategic [...]

Hidalgo Mining International, an innovative mining company headquartered in Port Washington, N.Y., announced today that it has now signed a letter of intent to expand the Tinkisso project ownership an additional 26 kilometers.
Mark Daniel Klok, President of HMIT, stated: “We have now completed our negotiations to expand and increase our ownership in the Tinkisso project [...]

Unit Corporation announced that it will participate at The Merrill Lynch Global Energy Mid and Small Cap Conference, which will be held October 1st – 2nd, 2008 in New York, New York. Unit’s presentation will be broadcast live over the Internet on Wednesday, October 1st at 9:05 a.m. Eastern Time. Listeners may access the webcast [...]

CME Group, the world’s largest and most diverse derivatives exchange, announced that it will launch US Midwest Domestic Hot-Rolled Coil (HRC) steel futures contracts for trading and clearing on CME Globex® and ClearPort®, beginning on October 19 for the October 20 trade date.
The contract will be financially settled against an index developed by CRU International [...]

Xcel Energy today issued an additional 2,250,000 shares of common stock pursuant to the underwriters’ exercise in full of their over-allotment option. The over-allotment option was exercised in connection with the Company’s recently completed registered public offering of 15,000,000 shares of common stock sold on September 15, 2008. The additional shares were sold to the [...]

PetroChina, China’s second largest petroleum retailer with more than 18,000 stations across the country, has selected the retail division of New York-based CBX to develop a brand strategy and new prototype for its fuel and convenience store operation.
Banking on CBX’s global expertise in the petroleum and convenience retail sector, PetroChina’s new store prototype will bring [...]