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Orosur Mining and Waymar Resources are pleased to announce the completion of the previously announced acquisition of Waymar by Orosur by way of a court approved plan of arrangement. Under the terms of the Acquisition, Orosur issued 18,466,938 common shares to be exchanged for 49,245,170 common shares of Waymar, in accordance with Waymar’s [...]
Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”) is proud to report that Vadim Veshchezerov has been appointed to its Board of Directors. Mr. Veshchezerov has created and sold a number of companies in the microelectronics and IT industries. He has also held various senior advisory positions in the banking industry in [...]
Lightweight metals technology, engineering and manufacturing leader Alcoa (NYSE:AA) today announced that profits surged in the second quarter as the Company’s portfolio transformation continues accelerating. Alcoa is aggressively transforming its portfolio by building out its value-add businesses to capture profitable growth and by creating a lower [...]
Westmoreland Coal Company (NasdaqGM:WLB) (the “Company”) announced today that it has commenced an underwritten public offering of $52 million of shares of its common stock. The Company also intends to grant the underwriters a 30-day option to purchase up to $7.8 million of additional shares of common stock. The Company intends to use the net [...]
USEC Inc. (NYSE:USU) announced that it will soon begin soliciting holders of USEC’s convertible notes as well as its two preferred stockholders for votes on the Company’s Plan of Reorganization following today’s hearing and order by Judge Christopher S. Sontchi in the United States Bankruptcy Court for the District of Delaware. USEC filed the [...]
Stans Energy Corp. (TSX-V: HRE, OTCQX: HREEF), (“Stans” or the “Company”) is pleased to announce that the Arbitration Court at the Moscow Chamber of Commerce and Industry (the “Tribunal”) has handed down a final binding ruling in the matter between the Company and the Government of the Kyrgyz Republic. The Company is now entitled to enforcement of [...]
Cloud Peak Energy announced today that the company’s Cordero Rojo Mine, located in northeastern Wyoming, will ship its one billionth ton of coal in the coming days. The mine sold approximately 36.7 million tons of coal in 2013, ranking it as the third largest coal mine by production in the U.S. last year. Since 2005, the mine has paid more than $1 [...]
Newmont Mining Corp. (NYSE: NEM) (“Newmont” or “the Company”) today announced it completed the sale of its Jundee underground gold mine in Australia to Northern Star Resources Ltd. (“Northern Star”), for total proceeds of approximately US$91 million. “We are pleased to have completed the sale of Jundee as part of our ongoing effort to increase [...]
Cliffs Natural Resources Inc. (NYSE:CLF) today issued the following statement: This late addition to the Casablanca Capital slate removes any doubt that Casablanca continues to try to acquire control of the Cliffs Board of Directors. Cliffs believes in shareholder representation on the Board, but believes that handing over control of the Board to [...]
Royal Gold, Inc. (NASDAQ:RGLD; TSX: RGL) today announced that its fiscal 2014 results will be released before the market opens for trading on Thursday, August 7, 2014, followed by a conference call that day at noon Eastern Time (10:00 a.m. Mountain Time). The call will be webcast and archived on the Company’s website for a limited time. Fiscal [...]
USEC Inc. (NYSE:USU) made the following statement: In view of the unusual market activity in the company’s stock today, the New York Stock Exchange contacted the company in accordance with its usual practice. The company stated that its policy is not to comment on unusual market activity. USEC Inc., a global energy company, is a leading supplier [...]
Alcoa (NYSE:AA) will hold a conference call on Tuesday, July 8 beginning at 5:00 p.m. EDT to discuss second quarter 2014 results and business developments. The conference call will be webcast live via Alcoa's website, www.alcoa.com, with presentation materials available online at 4:15 p.m. EDT. Conference Call Information Time: ...
