Company – News

Golden Band Resources Inc. (GBN: TSXV) reports that it has signed a Memorandum of Understanding (MoU) with the Bureau of Geology and Mineral Exploration of Anhui Province, Peoples Republic of China (Anhui Geology). Contemplated under the MoU are exploration-stage gold projects that Anhui Geology may elect to participate in under business relationships that would be determined in subsequent discussions…. 

KAL Energy Enters Into Amended Royalty Agreement

KAL Energy, Inc., a thermal coal explorer and developer, today announced that it has successfully amended the terms of its royalty agreement with Concord International. Under the terms of the new agreement, the Company will pay royalties as follows: 1. For all coal sales under $40 per metric ton the royalty is reduced from $0.40 per metric ton, indexed annually with inflation, to $0.20 per metric… 

Southern Star Energy Announces New Cotton Valley Well Discovery

Thursday, October 2nd 2008

Southern Star Energy Inc., a fast-growing E&P company with reserves and production from leases located in northern Louisiana, today announced that it has successfully drilled and logged the targeted Cotton Valley interval in its Atkins-Lincoln 17-2 Well with positive results. The well reached planned intermediate pipe depth of 9,500 feet on September 26, 2008. Subsequent to logging the Cotton… 

Clifton Resources Inc. Announces Financing With MineralFields Group

Thursday, September 25th 2008

Clifton Star Resources Inc. announce a non-brokered private placement of up to 666,667 Flow Through Units (each unit consisting of one flow through share and one warrant) at a price of $3.00 per Unit (for a total of $2,000,000). Each of these warrants will be exercisable for a period of twenty-four months from the closing of the private placement at a price of $3.30 per share. In addition to the flow… 

Polar Star Appoints David G. Speck Vice-President, Corporate Development

Thursday, August 7th 2008

Polar Star Mining Corporation is pleased to announce the appointment of David G. Speck to Vice-President, Corporate Development of the Company. Mr. Speck has numerous years of experience in investor relations and corporate development including senior positions at O’Donnell Investment Management, Merrill Lynch Canada and Research Capital Corporation as well as serving as an independant investor… 

Patriot Coal to Announce Results for the Quarter Ended June 30, 2008

On Tuesday, July 29, 2008, Patriot Coal Corporation will announce results for the quarter ended June 30, 2008. A conference call with management is scheduled for 9:00 a.m. Central Daylight Time on Tuesday, July 29. Participants may access the call using the following phone numbers: U.S. & Canada (800) 288-9626 International (612) 332-0107 The call, replay and other investor data will… 

ArcelorMittal Announces Acquisition of Concept Group

ArcelorMittal, the world’s largest integrated metals and mining company, today announces that it has signed an agreement to acquire the Concept Group (“Concept”). Concept, located in southern West Virginia and adjacent to the recently acquired Mid Vol Coal Group in the Central Appalachian Coal Basin, produced 0.8 million tons of metallurgical coking coal in 2007 and has control over recoverable… 

Latrobe Specialty Steel Announces End of Labor Dispute

Latrobe Specialty Steel welcomes the news that Local 1537 of the United Steelworkers approved today the collective bargaining agreement negotiated Friday evening and that the twelve-week work stoppage is ending. “I know that I speak for every Latrobe Specialty Steel employee when I say that we appreciate the return of our hourly colleagues. We have reached an agreement that enhances our competitive… 

Crude oil prices lift Schlumberger’s profit by 13 percent

Oilfield services provider Schlumberger Ltd. reporting a nearly 13 percent jump in profit driven by robust spending among customers searching for new sources of crude and natural gas. Unless the global economy goes into the tank, Schlumberger said it expects continued brisk spending on exploration and production as energy companies try to benefit from high commodity prices. Andrew Gould, chairman… 

Eclipsys added to SmallCap 600

It is reported that Shares of Eclipsys Corp. rose Friday after Standard & Poor’s said it will add the health care software maker’s stock to its S&P SmallCap 600 index. The Atlanta-based company will replace W-H Energy Services Inc. on the index as W-H Energy is being purchased by oilfield services provider Smith International Inc., S&P said. Stocks that are added to indexes…