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Teck to increase copper output 72 percent by 2010 if Aur Resources take-over goes ahead
Toronto-based copper mine Aur Resources (TSX: AUR) had not even contemplated putting the company up for sale when Vancouver-based Teck Cominco (TSX, NYSE: TCK) made a cash-and-share offer of Cdn$41/sh (US$38.69/sh).
In fact, Aur’s shareholders didn’t even want an all-cash bid although Teck has plenty of money in the till. They preferred a tax-free rollover.
The chance [...]
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 [...]
Oil Projects Idle as Supply of Gear, Staff Runs Dry
A global shortage of drilling equipment has stalled production in Colombia. Delays of more than a year are common.
Deep beneath the Caribbean Sea lies an oil field so promising that it could reverse this country’s six-year slide in petroleum production and ease its economic problems.
But no one can get to the crude. A global shortage [...]
