Inergy, L.P. announced that its wholly owned subsidiary, Inergy Midstream, LLC, has closed the acquisition of US Salt, LLC.
As previously disclosed, US Salt is an industry-leading solution mining and salt production company located in Schuyler County, New York, between Inergy’s Stagecoach and Steuben County natural gas storage facilities. US Salt’s operations are complementary to [...]

Cameco Corporation announced it has formed a strategic alliance with Govi High Power Exploration Inc. (GoviEx) and acquired an approximate 11% interest in the company for $28 million (US).
GoviEx is a closely held exploration company formed in 2006 with uranium exploration assets in Niger, Africa. The company holds about 2,300 square kilometres of exploration [...]

Through its mining division Severstal Resources, OAO Severstal announced that it intends to acquire the business of PBS Coals Corporation by way of an acquisition of Penfold Capital Acquisition Corporation following a business combination of PBS and Penfold for an all cash purchase price of C$8.30 per share, implying an enterprise value of US$1.3 [...]

Zone Oil & Gas, LLC (ZONE) announced that it has signed an Exploration and Geophysical Joint Venture Agreement with Penn Virginia Corporation.
The Joint Venture covers approximately 40,000 acres under lease in Tioga, Potter, Somerset, Westmoreland and Fayette Counties, Pennsylvania, and centers on exploring the Marcellus Shale, and the Oriskany and Tuscarora formations. Under the terms [...]

Hidalgo Mining International, an innovative mining company headquartered in Port Washington, N.Y., announced that its new corporate offices have officially opened at # 20, Avenue Lamartiniere Port-au-Prince, Haiti.
Mark Daniel Klok, President of HMIT, stated: “The Company has now opened its new offices at # 20, Avenue Lamartiniere Port-au-Prince, Haiti. Mr. O’Donnell Maximin, who is one [...]

Louis Dreyfus Highbridge Energy LLC (LDH Energy), announced today that one of its operating subsidiaries, LDH Energy Cyrus River Terminal LLC, has purchased the Big Sandy River Dock – a coal facility in Kenova, West Virginia - from Kanawha River Terminals LLC.
“This facility will provide LDH Energy with a merchant platform to connect coal consumers [...]

King & Spalding, a leading international law firm, advised Enterprise Products Partners L.P., TEPPCO Partners, L.P., and Oiltanking Holding Americas, Inc., on their joint venture to build a new off-shore crude oil terminal in the Gulf of Mexico. The new partnership, known as the Texas Offshore Port System (”TOPS”), will provide refiners with greater flexibility [...]

Hidalgo Mining International, an innovative mining company headquartered in Port Washington, NY, announced today that despite harsh weather conditions the Company has now completed the setup of its 50 yard per hour processing plant and has begun processing material in order to determine the initial average grade content in the immediate area.
Mark Daniel Klok, President [...]

Cameco Corporation reports that remediation work at the No.1 Shaft at its Cigar Lake uranium project was temporarily suspended today after an increase in the rate of water inflow to the mine was observed.
“Remediation and dewatering of the No. 1 Shaft had been progressing smoothly up to this point,” said Tim Gitzel, Cameco’s chief operating [...]

Cameco Corporation announced today that it has completed the acquisition of a 70% interest in the Kintyre uranium exploration project in Western Australia for $346.5 million (US).
A joint venture comprised of Cameco (70%) and Mitsubishi Development Pty Ltd (30%) purchased the Kintyre project from Rio Tinto for $495.0 million (US) through a bidding process. Cameco [...]