Posts by :

De Beers Diamond Jewellers opens new store in Almaty, Kazakhstan

De Beers Diamond Jewellers, the ultimate destination for diamond jewellery, is delighted to announce the opening of its new store in Almaty, Kazakhstan. The De Beers store is located on Bogenbai Batyr, 125 in Almaty – the premier shopping location for luxury brands. The Almaty store will be operated by Premier Metro Group, whose core business is the retail and distribution of luxury goods including jewellery, watches, cars, high-end mobile phones as well as fine wines.

GTSO continues Mongolian export preparations as rare earth prices double

Green Technology Solutions, Inc. (OTCQB:GTSO) continues preparations to send core samples from three Mongolian rare earth mining sites to South Korea for analysis as prices on heavy rare metals more than double due to China’s tightening control of rare earth mining, production and exports. U.K.-based trade publication Industrial Metals reported last week that rare earth minerals dysprosium oxide and europium oxide, used in high-tech applications from nuclear reactors to smartphones, rose by more than 100 percent since the beginning of the month.

Westmoreland declares dividend on preferred stock

Westmoreland Coal Company (NasdaqGM: WLB) announced today that its Board of Directors has declared a dividend of $0.53125 per depositary share payable on July 1, 2011 to holders of record as of June 20, 2011. Each depositary share represents one-quarter of a share of the company’s Series A Convertible Exchangeable Preferred Stock. Westmoreland Coal Company is the oldest independent coal company in the United States. The company’s coal operations include coal mining in the Powder River Basin in Montana and lignite mining operations in Montana, North Dakota and Texas. Its power operations include ownership of the two-unit ROVA coal-fired power plant in North Carolina. For more information, visit www.westmoreland.com.

Westmoreland Declares Dividend on Preferred Stock | Business Wire

Westmoreland Coal Company (NasdaqGM: WLB) announced today that its Board of Directors has declared a dividend of $0.53125 per depositary share payable on July 1, 2011 to holders of record as of June 20, 2011. Each depositary share represents one-quarter of a share of the Company’s Series A Convertible Exchangeable Preferred Stock.

Gold-Ore announces increased gold production in second quarter

Gold–Ore Resources Ltd. (TSX:GOZ) today released Second Quarter (ending May 31, 2011) production results for the 100% owned Bjorkdal Gold Mine in Sweden. During the second quarter the mine produced 11,131 ounces of gold, an increase of 11% over the first quarter; during the month of May the mine set a new monthly gold production record of 4,208 ounces. The company projects 2011 gold production at 44,000 to 46,000 ounces.

Evergreen Energy and WPG Resources establish Southern Coal Holdings (SCH) to produce K-Fuel in the Pacific Basin Region | Business Wire

Evergreen Energy Inc. (NYSE Arca: EEE) announced it has completed the formation of its venture with WPG Resources (ASX: WPG), an Australian listed mineral resources company, to jointly develop and produce K-Fuel®, Evergreen’s coal upgrading technology, throughout Australia. This agreement was foreshadowed in the memorandum of understanding announced by Evergreen on February 2, 2011.

WellDog Raises $5,000,000 to Support Expansion

WellDog announced today that it has closed on $5,000,000 in new debt and equity financing to support its continued expansion. The round was led by Simon Ashton and his strategic investment company, ProX Pty Ltd, and included participation by members of Sacramento Angels, Houston Angels, and some of the successful entrepreneurs behind Pure Energy, as well as expanded investment from the Brisbane Angels.
Featured Post

KBR Technology to be used in the construction of two ammonia synloop units at China National Coal

KBR announced on Monday it was awarded a contract by China National Coal Group Corp. to provide ammonia technology, process design package and technical services for two 1660 metric tons per day ammonia synloop units at China National Coal in Inner Mongolia, China