Homeland Energy Group Ltd. is finalizing an extension of the agreement deadline with the vendors of Appolo Mines and Diversified Energy of Middlesboro, Tennessee and Knoxville, Kentucky respectively as the current agreement expires today.
Homeland Energy Group Ltd. is a coal producer with operations the Witbank area of South Africa. The company also has a [...]
Homeland Energy Group Ltd., announces that GMR of India has elected not to exercise the third of three options to purchase 40% of Homeland Mining & Energy, South Africa for US$135 million. Homeland intends to repurchase GMR’s current 10% ownership in accordance with the terms of the option agreement, a value of US$30 million.
With this [...]
Macusani Yellowcake Inc. announced that it has entered into an agreement with Homeland Uranium Inc. for the purchase by Homeland of 7,619,047 units of Macusani at a price of $0.2625 per unit for proceeds to Macusani of approximately C$2 million. Each unit is comprised of one common share and 0.60 of a common share purchase [...]
Homeland Energy Group Ltd., in conjunction with Homeland Energy & Mining, SA, held grand opening ceremonies for the Kendal Colliery yesterday at the Kendal site, approximately 90km east of Johannesburg earlier this week.
Following a tour of the mine and plant sites, as well as the new housing community Homeland has built for local residents, Deputy [...]
Wealth Minerals Ltd. announce the results from additional sampling at its Bororo Nuevo Project (BNP) in southern Argentina.
Sampling and prospecting at the Theta zone (13 samples) has highlighted an area measuring 110 metres by 30 metres averaging 5.16 lbs/ton U3O8 (0.219% uranium) and ranging from 0.21 lbs/ton U3O8 (0.009% uranium) to 44.4 lbs/ton U3O8 (1.88% [...]
Terra Energy & Resource Technologies, Inc., an energy and natural resource exploration technology company, announces that it has been awarded a $300,000.00 service contract. According to the contract signed with SEMMEOUS LION MINING LTD. (SLM), a Niger firm, the Company is to apply its proprietary STeP® technology in prospecting for uranium on SLM’s license blocks.
“It [...]
Homeland Energy Group Ltd., Appolo Fuels and Diversified Energy are pleased to announce that they have finalised a binding agreement for Homeland Energy to purchase the operating assets of Appolo Fuels, Inc., owner and operator of the Appolo coal mine and Diversified Energy, Inc., the associated coal marketing firm, of Middlesboro, Kentucky and Knoxville, Tennessee, [...]
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 [...]
Homeland Energy Group Ltd. announce that Nedbank Capital, the Investment Banking division of Nedbank Limited, one of South Africa’s largest banks, has approved a Debt Finance Facility for Homeland’s Kendal Colliery. Following a thorough due diligence and review of Homeland’s Kendal Colliery, Nedbank Capital has approved the 5 and a half -year facility, which is [...]
Semafo Inc. is pleased to announce the start-up of the new 4,000 tonne-per-day ball mill at its Mana mine in Burkina Faso.
“The start-up of the new ball mill marks yet another important milestone for the Company,” said Benoit Desormeaux, Semafo’s Executive Vice-President and COO, “From the efficient 14-month construction to the timely start-up and commercial [...]
