All mining activity has been put on hold while stakeholders determine how they are affected. Markets reacted swiftly to the news with share prices of foreign companies operating in Ecuador dropping dramatically.
Ecuador’s constituent assembly has released a mandate in which over 3,000 mining concessions are either cancelled or suspended without compensation or legal recourse for […]
Canadian energy stocks may fall for a second day on concern that a proposal to raise royalties on oil and gas producers may hurt energy companies’ growth and profits.
EnCana Corp., which is spending billions of dollars to develop two oil-sands projects in Alberta, may pace declines. Raw-materials producers may gain, led by Barrick Gold Corp., […]
The Company is pleased to announce the start of a helicopter geophysical survey on its Natashquan and North Havre uranium properties on Quebec’s North Shore region as well as the signing of a letter of intent with Azimut Exploration (”Azimut”) for the North Havre property.
Natashquan project: The original claims were chosen in 2006 following a […]
A Wheeling law firm that represented two sisters in a case of an invalid coal mining lease could end up reaping more than $3 million from the case following a decision by the state Supreme Court.
That’s about three times what Josephine Luther and the heirs of the late Mary Catherine Marks believe the Schrader Byrd […]
Sarissa Resources, Inc. is pleased to announce that they have retained a brokerage agreement for a 1,875-acre Niobium deposit project in Chewell Township, Northern Ontario, Canada. If they sell the property in whole, arrange financial commitments approved by the current owner, or buy the property itself, Sarissa will earn fifteen percent of the purchase price […]
Sarissa Resources, Inc. is pleased to announce that the Company is looking to expand their assets and implementation strategy beyond Canada and into U.S. markets. Sarissa is currently considering the acquisition of several new properties for the mining of both precious metals and industrial metals in locations in the United States, as well as investment […]
Atomic Minerals Ltd. (”Atomic” or the “Company”) is pleased to announce that it has entered into an agreement in principle with 0754257 B.C. Ltd. (the “Target”) dated January 11, 2007 (the “Agreement”) to acquire all of the issued and outstanding securities of the Target (the “Proposed Acquisition”).
Atomic is a capital pool company and intends […]
With the next bid round expected soon, Niyi Ayoola-Daniels Esq examines the law and practice of oil bloc acquisition in Nigeria and argues that Nigeria should place national interest above sweet-coated globalisation principles
This write up examines the law and practice of Oil Bloc Acquisition in Nigeria. An attempt would be made to put […]