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We are delighted to have completed this transaction and believe it is the right strategic fit at this time. We believe ALTOVALSOL is in the right position to extricate optimal value from Talca given its existing operations and the flexibility with which it may operate, and that the transaction allows both ALTOVALSOL and Orosur to mutually benefit [...]
USEC Inc. (NYSE:USU) was informed today by the United States Department of Energy (DOE) that it is prepared to extend the American Centrifuge cooperative research, development and demonstration (RD&D) program for three months beyond January 15, 2014, subject to Congressional appropriations. DOE and USEC will share costs of the program on an [...]
Alcoa (NYSE: AA) has entered into an agreement with Germany-based engineering and construction company, Bauer Resources GmbH, to commercialize Alcoa’s Natural Engineered Wastewater Treatment technology that mimics natural wetlands to sustainably treat wastewaters. Under the agreement, Bauer will use Alcoa’s engineered wetlands technology to deploy [...]
Americas Bullion Royalty is pleased to announce a corporate reorganization that will see the Company streamline as well as diversify its business, increase its royalty portfolio and adopt a low cost business structure to position it for future growth, while continuing to have exposure to exploration successes via equity holdings in select [...]
Redtail Metals and Northern Tiger are pleased to announce they have agreed with Americas Bullion Royalty to expand the terms of the previously announced Northern Tiger and Redtail merger to include the acquisition by Northern Tiger of AMB’s Brewery Creek Project and a $2.25 million investment by AMB in the merged company. In addition, Northern [...]
Silver Predator Corp. (TSX:SPD) (the Company) is pleased to announce that it has agreed with Americas Bullion Royalty Corp. (TSX: AMB) (AMB) to acquire the Springer Tungsten Mine and Mill along with several other projects, primarily in Nevada, in consideration of US$5,000,000, payable over three years, and the grant by the Company of a royalty [...]
General Moly, Inc. (the "Company") (NYSE MKT: GMO)(TSX: GMO), a U.S.-based molybdenum mineral development, exploration and mining company, announced that effective December 31, 2013, R. David Russell, Richard F. Nanna and Andrew G. Sharkey III, will retire from the General Moly Board of Directors. Director Russell has served on the Board since [...]
Miranda Gold Corp. ("Miranda") (TSX-V: MAD) has adopted a new policy that requires advance notice to Miranda for nominations of directors other than by management, through a requisition for a meeting or by way of a shareholder proposal. Among other things, the policy fixes a deadline by which holders of record of common shares of the Company must [...]
Alcoa (NYSE:AA) has signed a multi-year supply agreement with Airbus valued at approximately $110 million for value-add titanium and aluminum aerospace forgings. Alcoa will produce the parts using its recently modernized 50,000-ton press in Cleveland, Ohio. This press uses state-of-the-art controls to meet stringent aerospace specifications and is [...]
Rare Element Resources Ltd. (the Company) (NYSE MKT: REE and TSX: RES), a mineral resources company advancing development of the Bear Lodge Critical Rare Earth Project, is pleased to announce that Tetra Tech, Inc., Mining and Minerals, an environmental, engineering, program management, construction management, consulting and technical services [...]
Residual raw iron ore production as a result of the rehabilitation program being conducted at XNS was 73,260 tonnes in November 2013 compared to 60,190 tonnes in October 2013. This represents an increase of 13,070 tonnes or 21.7% and is more than 50% higher than the forecast of 40,000 tonnes. XNS as a result sold 20,932 tonnes of 62%+ Fe [...]
USEC Inc. (NYSE:USU) has reached an agreement with a majority of the holders of its senior convertible notes on the terms of a financial restructuring plan that will strengthen the companys balance sheet, enhance its ability to sponsor the American Centrifuge project and improve its long-term business opportunities. Under the terms of the [...]