GBS Gold International Inc. announces the formation of a strategic alliance with global commodities marketing and trading company RBS Sempra Commodities. (C$ represents Canadian dollars and A$ represents Australian dollars) Highlights: - RBS Sempra Commodities becomes a strategic investor via the placement of 4.75 million GBS Gold common shares at C$1.70 per share to raise C$8.1 million. - RBS Sempra... Read more..
Tornado Gold International Corp. announce it has engaged Canaccord Capital to assist in the listing of the company on the Toronto Stock Exchange and future underwriting of Tornado Gold. Through its principal subsidiaries, Canaccord Capital Inc. is a leading independent full service investment dealer in Canada with capital markets operations in the United Kingdom and the United States of America. Canaccord... Read more..
Kaiser Aluminum announced that the applicable energy surcharge for August shipments of fabricated products will be: 6xxx alloys: $0.048 per pound All other alloys: $0.066 per pound The surcharges are based on a calculation tied to indices provided by the U.S. Department of Energy and are updated on a monthly basis. Customers can view the formulas for calculating... Read more..
VIPR Industries Inc. announced the appointment of geologist and geophysicist Mr. Jonas Mwano as Chief Senior Geological Consultant. Mr. Mwano will apply his extensive mineral exploration expertise and in-depth regional knowledge to lead the exploration and development of VIPR’s gold and uranium properties in Tanzania. Mr. Mwano brings to VIPR Industries deep knowledge of Tanzania’s geology... Read more..
Siemens AG has just published a report saying that it plans to sue two former CEOs and nine other ex-executives for alleged supervisory failings in a corruption scandal that has cost the company millions in fines and damaged its reputation. Siemens’ supervisory board decided to seek damages from former chief executive Heinrich von Pierer and his successor, Klaus Kleinfeld, now the chief executive... Read more..
Paul N. Wright, President and Chief Executive Officer of Eldorado Gold Corporation has recently published a report on the Company’s financial and operational results for the second quarter ended June 30, 2008. “This was the first full quarter of production from our restarted Kisladag mine, and our operating and financial results reflect our strong performance. We benefitted from low cash... Read more..
Skyline Gold Corporation, a company engaged in the exploration and development of its Bronson Slope mining property in north western British Columbia’s ‘Golden Triangle’, is pleased to announce that it has received formal notification from the B.C. Government of the sufficiency of its application for two additional water licences for the generation of hydro-electric power from the... Read more..
Klondike Gold Corp. announced its updated 2008 exploration program on several precious metal projects in the Kootenays of southeastern British Columbia. These include the Clubine, a past-producing polymetallic silver vein camp just north of Salmo, the gold-copper Red Point property just east of the Rossland gold camp, and Ron Gold, a gold prospect west of Nelson. Dependent on financing, programs will... Read more..
CARBO Ceramics Inc. has recently reported that the company has reported second quarter net income of $13.5 million, or $0.55 per diluted share, on revenues of $103.0 million for the quarter ended June 30, 2008. For the six months ended June 30, 2008, the company reported net income of $27.8 million, or $1.13 per diluted share, on revenues of $204.9 million. The company also announced that its Board... Read more..
Dawson Geophysical Company has recently published a report saying that the company reported revenues of $84,568,000 for the quarter ending June 30, 2008, the Company’s third fiscal quarter of 2008, compared to $68,637,000 for the same quarter in fiscal 2007, an increase of 23 percent. Revenue growth in the quarter was primarily the result of the addition of a new seismic data acquisition crew... Read more..