Kinross Gold Corporation announced today it has been successful in its bid to acquire Aurelian Resources Inc. under its previously announced offer. A total of 108,524,181 common shares of Aurelian were validly deposited at the expiry time of the offer. Kinross now owns a total of 123,524,181 common shares of Aurelian. At the time of [...]
Compliance Energy Corporation announce that it has signed definitive agreements with West Fraser Mills Ltd. (”WFM”) and with I-Comox Coal Inc,. a wholly owned subsidiary of ITOCHU Corporation and LG International Investments (Canada) Ltd. a wholly owned subsidiary of LG International Corp. (”the Parties”) to complete the purchase of approximately 29,000 hectares of WFM’s freehold [...]
JNR Resources Inc. provide the following update on its uranium exploration activities in central and western Newfoundland. The Company is actively exploring two projects: Topsails and Rocky Brook.
The 278,000-hectare Topsails project is a 50/50 alliance between the Company and Altius Resources Inc. (jointly the ‘Companies’), which was established to explore for volcanic-hosted uranium deposits in [...]
OAO LUKOIL President Vagit Alekperov and ConocoPhillips Chairman and CEO Jim Mulva today participated in a special ceremony on the occasion of the startup of the Yuzhno Khylchuyu (YK) field located in the Nenets Autonomous District.
One of the biggest fields in the north of the Timan Pechora oil and gas province, this field is developed [...]
Northern Offshore, Ltd. announced that it has entered into a drilling contract with AGR Peak Well Management Limited, a subsidiary of AGR Group ASA (Oslo Bors: AGR.OL) for the use of the semisubmersible GSF Arctic II in the North Sea. As previously announced, Northern Offshore has entered into an agreement with an affiliate of Transocean, [...]
Research and Markets has announced the addition of the “Mining and Mineral Extraction Machinery in Russia 2008. Development Forecasts for 2008-2011″ report to their offering.
This Mining and mineral extraction machinery in Russia 2008 describes and analyses the Russian market for machinery used in the mining, extraction, processing of and exploration for minerals, metals, coal, oil, [...]
As announced on July 28, 2008, Northern Offshore, Ltd. has entered into agreements with affiliates of Transocean Inc. to acquire the semisubmersible drilling rigs GSF Arctic II and GSF Arctic IV.
The Company prepared an Information Memorandum in connection with the acquisition of the Rigs, as required by Section 3-5 of the Oslo Stock Exchange’s rules [...]
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 [...]
