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Price Expectations CSN’s Namisa Iron Ore Unit
The shake-out of bidders for Brazilian iron ore miner Namisa has left a number of contenders with deep pockets and big appetites, sources familiar with the bidding said, signalling that owner CSN may sell a majority stake.
Some analysts estimate the sale could value Namisa, the smaller of CSN’s iron ore units as high as $10 [...]
Two Biggest Mining Companies After Merge, An Ambition Becomes The Biggest Mine Company In World
Marius Kloppers is determined to win his $127bn battle to merge BHP Billiton and Rio Tinto, but must beat regulatory hurdles – and Rio’s opposition. Ruth Sunderland met a late starter who could become one of the globe’s most powerful men.
Marius Kloppers, chief executive of mining giant BHP Billiton, could be the patron saint of [...]
Ur-Energy Announces New Chief Financial Officer, General Counsel and Corporate Secretary
Ur-Energy Inc. is pleased to announce that Roger L. Smith has joined Ur-Energy as the Company’s new Chief Financial Officer, and Paul G. Goss has joined the Company as General Counsel and Corporate Secretary. Both individuals will be located in the Littleton, Colorado USA office.
John McNeice, CA, CPA served as Ur-Energy’s Chief Financial Officer since [...]
Navajos File Petition Against Uranium Mining in Northwest New Mexico
Navajo tribal members have gone to court to try to stop plans for uranium mining near the Navajo communities of Church Rock and Crownpoint in northwestern New Mexico.
A petition filed Monday in the 10th U.S. Circuit Court of Appeals in Denver asks the court to reverse Nuclear Regulatory Commission orders in the past several years [...]
Power Air Targets Asian Market Through Joint Venture with H-Plus Group
Power Air Corporation (OTC Bulletin Board: PWAC) today announced that it has signed a Memorandum of Understanding with H-Plus Group to establish a Korean-based Joint Venture Company. The Joint Venture will develop, manufacture, and commercialize back-up power systems, using Power Air’s zinc air fuel cell (”ZAFC”) as the power source, in Korea and Asia.
“The growing [...]
