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Iamgold, a Canadian mining company, said that it would buy Cambior, a rival, for about 1.33 billion Canadian dollars ($1.2 billion) in stock, to create a gold mining operation with more than one million ounces of annual production. The deal will push Iamgold to the top of the midtier gold producers and comes six months […]
September 17th, 2006 – Posted in General, Mining Stocks
Aired on June 20, 2007 As commodity prices boom around the world, Canada’s mining industry is booming, too. But it’s also under increasing scrutiny.
Pressure from NGO’s who monitor Canadian companies abroad, led to a national round-table on corporate social responsibility and the extractive industry. Its produced a stellar and unanimous report N-G-Os and industry came to […]
March 5th, 2008 – Posted in Uncategorized
Abu Dhabi government investment agency Mubadala Development said it plans to join state-run Dubai Aluminium to create a company to buy stakes in bauxite mining companies and develop reserves of the ore.
The two companies will set up Emal International to look at acquisitions or developments in countries such as Algeria, Morocco and India, Mubadala’s chief […]
May 23rd, 2007 – Posted in Bauxite, General
Canadian Natural Resources Limited announced that Toronto Stock Exchange has accepted notice filed by Canadian Natural of its intention to make a Normal Course Issuer Bid through the facilities of Toronto Stock Exchange. Purchases may also be made through the facilities of the New York Stock Exchange.
The notice provides that Canadian Natural may, during the […]
January 22nd, 2007 – Posted in General
Anadarko Petroleum Corp., one of the nation’s leading independent energy exploration and production companies, said Thursday it agreed to sell its Canadian subsidiary for about $4.24 billion to Canadian Natural Resources Ltd.
The sale fulfills Anadarko’s June announcement to sell Anadarko Canada Corp., the first of several asset sales expected in connection with last month’s completion […]
September 17th, 2006 – Posted in General, Oil and Gas
After signing a five-year deal with the Saudi Arabian Mining company (Maaden), the Saudi Canadian Mining Services mobilized major capital equipment worth $14 million to Az Zabirah North Zone Kaolin & Bauxite Project for the execution the contract, Arab News reported.
The Chief Executive Officer at the Saudi Canadian company said that it had already completed […]
September 6th, 2007 – Posted in Bauxite, General
WATER DESALINATION USING SOLAR ENERGY AND WIND MILLS ARE AMONGST THE MAIN TOPICS TO BE DISCUSSED BY THE WORLD SOLAR ENERGY CONFERENCE TO BE HELD IN BAHRAIN IN NOVEMBER. THE THREE-DAY ARAB REGIONAL CONFERENCE BY THE UNIVERSITY OF BAHRAIN AND THE INTERNATIONAL SOLAR ENERGY SOCIETY.
THE EVENT WILL ALSO TACKLE IMPORTANT ISSUES SUCH AS USE OF […]
October 8th, 2006 – Posted in Alternative Energy, General
Niger has granted a wave of permits to British, Canadian and Indian mining firms allowing them to explore for uranium in its desert north, the West African country’s government said on Saturday.
A total of 23 permits were granted to three Canadian firms, three British firms and an Indian company, enabling them to explore in the […]
May 13th, 2007 – Posted in Uranium
Spanish gas distribution company Enagas on Monday said the largest liquid natural gas tanker ever to unload at a European terminal had tied up at one of its regasification plants.
The 210,000 cubic metre “Q-flex” type vessel is the largest of its type in the world and set sail from Qatar, from where Spain imported some […]
April 7th, 2008 – Posted in Oil and Gas
El Paso Corporation, announced the conclusion of a settlement with Spectra Energy Corp. (Spectra) to resolve outstanding litigation brought by Citrus Trading Corp. against Spectra LNG Sales, formerly Duke Energy LNG Sales, for $100 million.
El Paso’s subsidiary, Southern Natural Gas (SNG), owns a 50-percent equity interest in Citrus Corp., owner of Florida Gas Transmission Company […]
February 2nd, 2007 – Posted in General, Oil and Gas
Following last week’s sale of its Canadian subsidiary and a successful debt issuance, Anadarko Petroleum Corp. has announced plans to sell additional international assets, including its Mackenzie Delta and other Canadian arctic properties.
According to a Dow Jones MarketWatch report, Anadarko said in a news release that it is “actively marketing” the Canadian properties, along with […]
September 22nd, 2006 – Posted in General, Oil and Gas
Canadian Superior Energy Inc. (TSX: SNG) (AMEX: SNG) (”Canadian Superior”) announced today that its takeover bid for any and all of the issued and outstanding shares of Canada Southern Petroleum Ltd. (”Canada Southern”) (NASDAQ:CSPLF / TSX:CSW) will be mailed by Canadian Superior to all the shareholders of Canada Southern on Monday, June 19, 2006.
Canada Southern […]
June 19th, 2006 – Posted in General, Oil and Gas