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ArcelorMittal said Wednesday that it had paid 631 million Australian dollars for a stake of nearly 15 percent in Macarthur Coal of Australia, setting up a possible bidding war for the miner and pushing Macarthur's shares up 14 percent. Soaring coal prices, driven by tight supply and voracious...
NEW YORK (CNNMoney.com) -- The Senate Judiciary Committee called the hearing to explore the skyrocketing price of oil, which earlier in the day crossed $132 a barrel for the first time. Congress - a House committee has set a similar hearing for Thursday - is tapping into growing public anger over...
By Scott Haggett CALGARY, Alberta (Reuters) - Talisman Energy Inc shares slipped on Wednesday, a day after the company announced a major revamp of its global oil and gas exploration business and a C$2 billion ($2.04 billion) asset sale. The company's shares shed 48 Canadian cents to C$24.42 on...
A Senate Judiciary Committee seeks answers from Big Oil execs for rising oil prices on day that crude crossed $130 a barrel. Paste this link into your favorite RSS desktop reader Big Oil execs testified before the Senate Tuesday, saying high oil prices were largely out of their control and more...
CHIHUAHUA, MEXICO, May 21 / MARKET WIRE/ -- Paramount Gold and Silver Corp. (TSX: PZG)(AMEX: PZG)(FRANKFURT: P6G)(WKN: A0HGKQ) is pleased to announce the first assay results from the newly signed strategic alliance with Mexoro Minerals (OTC: MXOM.OB). These results are from 6 additional drill...
HOUSTON----Striker Oil & Gas, Inc., announced today its first quarter results for fiscal 2008 reflect revenues up over 266% compared to the same period in 2007. The company also increased its gross profit from oil and gas operations in excess of 300% for the same period to $700,867.
AUSTIN, Texas----Fitch assigns its 'AAA' rating to Northwest Independent School District, Texas' $57.2 million unlimited tax school building and refunding bonds, series 2008. The rating is based on a guaranty provided by the Texas Permanent School Fund whose insurer financial strength is rated...
Wednesday May 21, 6:36 pm ET ST. LOUIS, May 21 /PRNewswire-FirstCall/ -- The notes will be convertible into cash and, if applicable, shares of Patriot's common stock. Patriot intends to use the proceeds of the offering to reduce the principal balance of the debt to be assumed in connection with...
GEO MINERALS LTD. is pleased to announce that it has submitted coal permit applications encompassing approximately 18,432 hectares in the proximity of North American Gem's newly acquired coal discovery at Narrow Hills, west of Hudson Bay, Saskatchewan an
Wednesday May 21, 10:58 am ET Avion Resources Corp. TSX.V: AVR TORONTO, May 21 /PRNewswire-FirstCall/ - News ; "Avion" or the "Corporation") is pleased to announce that it has acquired an 80% interest in the Tabakoto and Segala gold projects (the "Mali Projects") located in Mali, West Africa from...
