Andy Hoffman
Globe and Mail Update
Shares of uranium producers are surging higher on reports one of the world’s largest uranium mines has been temporarily shut down.
Industry giant Cameco Corp. CCO-T of Saskatoon, enjoyed gains of as much as 9.3 per cent on the Toronto Stock Exchange after Australian press reports said BHP Billiton Ltd. BHP-N [...]
CALGARY, Sept. 11 /PRNewswire-FirstCall/ - Compton Petroleum Corporation (TSX - CMT, NYSE - CMZ) is pleased to announce the terms of its previously announced public offering (the “Offering”) of units of Compton (”Units”). Compton has entered into an agreement with a syndicate of underwriters, led by Canaccord Capital Corporation and including BMO Capital Markets Inc., [...]
CALGARY, July 2 /PRNewswire-FirstCall/ - Compton Petroleum Corporation (TSX - CMT, NYSE - CMZ) is pleased to announce the completion of the annual renewal of its reserve-based credit facility (the ‘Facility’) with a syndicate of four Canadian and international banks (the ‘Syndicate’). Under the terms of renewal, the Corporation has available to it a revolving [...]
Gran Tierra Energy Inc. (NYSE Amex: GTE, TSX: GTE), a company focused on oil exploration and production in South America, today announced that it has temporarily reduced production operations in the Putumayo basin in southern Colombia in response to a recent disruption to the Ecopetrol-operated Trans Andean Pipeline west of Orito.
“Since the onset of the [...]
Enterra Energy Trust’s (”Enterra”, “We”, “Our” or the “Trust”) annual credit facility renewal process has been completed with its Bank Syndicate lenders, The Bank of Nova Scotia, HSBC Bank Canada and Union Bank of California. The credit facility revolving period has been renewed until June 25, 2010 and has a further one year term out [...]
TORONTO, May 11 (Reuters) - First Uranium Corp (FIU.TO) will sell C$106.8 million ($92 million) in stock by way of a bought deal financing, and use the proceeds for possible acquisitions and to speed up development of its mine waste processing plant, the company said on Monday.
The Toronto-based company plans to sell 15.3 million [...]
DENVER, April 30 /PRNewswire-FirstCall/ – Uranium International Corp. (”Uranium International”) (OTC Bulletin Board: URNI) has entered a Letter Agreement to purchase a total of thirteen exploration licences covering eight uranium deposits held by Continental Precious Minerals Ltd. (”Continental”) in Sweden. Continental is a Canadian public company listed on the Toronto Stock Exchange. The Letter Agreement [...]
Tapping steam 8,000 feet underground, a Canadian company has revived a long abandoned steam field and is attempting to build the first power plant at The Geysers in 21 years.
The $165 million project proposed in the mountains of northeast Sonoma County reflects resurgent activity at the world’s largest geothermal field, part of the greatest exploration [...]
TORONTO, Nov 27 (Reuters) - The Toronto Stock Exchange’s main index is seen falling on Thursday as commodity prices take a breather from recent gains.
With U.S. markets closed for the Thanksgiving holiday, trading volume is expected to be muted and may cause dramatic swings. Elsewhere, global stocks hit two-week highs, but there was no [...]
TORONTO (Reuters) - The Toronto Stock Exchange’s main index is expected to open lower on Wednesday because of oil prices that tumbled to a 22-month low and concerns that the global economic picture could get worse before it gets better.
With no key Canadian economic data or corporate news to sway sentiment, the resource-heavy index could [...]
