Yale Resources Ltd. announce that its partner Enviro Energy Capital Corp. has started its first phase work program on the Mina San Jose, Zacatecas and Salvador claims that form the Zacatecas Venture. Yale owns 65% of the Zacatecas Venture with IMPACT Silver Corp. owning the remaining 35%. Enviro has... Read more..
Fronteer Development Group Inc. announced that it intends to make an offer to acquire all of the outstanding common shares of Aurora Energy Resources Inc. that it does not already own. Pursuant to the Offer, Aurora shareholders will receive 0.825 of a Fronteer common share for each Common Share. The... Read more..
Cadence Energy Inc. (formerly, Kereco Energy Ltd.) (”Cadence”), announced that at a special meeting of holders of Cadence common shares held today, a going private transaction involving the amalgamation (the “Amalgamation”) of Cadence and 1426384 Alberta Ltd. (”Newco”),... Read more..
Lignol Energy Corporation a leading technology company in the cellulosic ethanol and biorefining sector, and HA International (”HAI”), North America’s largest supplier of products for foundry core and mold production, today announced a Joint Development Agreement for the development... Read more..
Afri-Can Marine Minerals Corporation and Deep South Mining (PTY) Ltd. announce that the option and joint venture agreement with Teck Cominco Namibia Ltd., has been approved by the Ministry of Mines and Energy of Namibia. The Agreement is effective on July 28, 2008. The Haib Copper Project in southern... Read more..
UNION GOLD INC., a TSX Venture Exchange listed Company, announced today that it has exercised its right to terminate the definitive agreement by and between Union and Shoal Point Energy Ltd. dated June 24, 2008, providing for a reverse take-over of Union (the “Agreement”). The Agreement permitted,... 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... Read more..
Barrick Gold Corp., the world’s largest gold producer has recently reported that the company expects 2008 gold production to fall at the lower end of its previously announced guidance, citing fluctuations in ore grades. For the year, Toronto-based Barrick estimated gold production would be closer... Read more..
Canadian miner Barrick Gold Corp.told the press that oil and natural gas producer Cadence Energy Inc. has accepted its sweetened buyout offer. Toronto-based Barrick formalized its offer to buy Cadence for 410 million Canadian dollars ($407.8 million), or 6.75 Canadian dollars ($6.70) per share. Previously,... Read more..
Canadian miner Barrick Gold Corp told the press that the oil and natural gas producer Cadence Energy Inc. has accepted its sweetened buyout offer. Toronto-based Barrick formalized its offer to buy Cadence for 410 million Canadian dollars ($407.8 million), or 6.75 Canadian dollars ($6.70) per share. Previously,... Read more..