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Ur-Energy Announces New Chief Financial Officer, General Counsel and Corporate Secretary

Wednesday, May 23rd, 2007

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 […]

Algoma joins ranks of firms foreign owned

Monday, April 16th, 2007

First the operators of nickel mine and luxury hotels vanished from Canada’s business landscape, now it is the steel industry’s turn to go, and the quickening pace of head office disappearances is raising concerns that the country is approaching a point of no return.
With Algoma Steel Inc. agreeing yesterday to be bought by India’s Essar […]

Metal Merger Mania

Thursday, February 15th, 2007

Whether or not BHP Billiton or Rio Tinto buys Alcoa for $40 billion, as the stock market rumor machine has it, a deal of that scale in the metals industry is a question of when, not if.
The same forces of consolidation that drove the oil industry’s megamergers in the late 1990s are at work today. […]

Oil & gas to fuel UMW earnings

Monday, January 22nd, 2007

UMW Holdings Bhd expects the oil and gas sector, into which it began a serious push five years ago, to contribute a quarter to its bottom line for 2007 compared with 20% last year.
UMW managing director Datuk Dr Abdul Halim Harun said the greater contribution would come from the pipes plants in China and Malaysia […]

Freeport’s Phelps Deal May Spur More Mining Takeovers

Wednesday, November 22nd, 2006

Freeport-McMoRan Copper & Gold Inc.’s plan to buy Phelps Dodge Corp. for $25.5 billion may signal the mining industry’s yearlong buying spree is far from over because of lofty metals prices and a shortage of new mines.
As many as 975 mining mergers and acquisitions worth more than $157 billion have been proposed this year, according […]

Move over, Fortune 500

Saturday, August 5th, 2006

o many Americans, names like Ranbaxy, Reliance and L&T probably don’t ring a bell. For that matter nor do Enbraer, Cemex or Galanz. But then a host of Japanese (Toyota, Honda) and South Korean (Samsung, LG) companies were largely unknown in the 1960s and 1970s and were dismissed as no-hopers by their competitors from the […]