Aspire International Inc. (NASDAQ:APIT) announced that it has entered into a binding agreement to divest itself of its wholly-owned subsidiary, Perfisans Networks Corporation. The press release states: The terms of the agreement call for a group led by Perfisans’ founders, To-Hon Lam and Bok Wong, to acquire Aspire’s entire interest in Perfisans in exchange for [...]
Bloomberg reports that Kalagadi Manganese Ltd. will announce nearly a billion dollars of funding to support its mining operations in Africa. The article states: The mine will be completed next year and will produce 2.4 million metric tons of manganese sinter a year. To read the full article, click here.
Southern Hemisphere Mining Limited (CVE:SH) (ASX:SUH) announced that it is moving to a final Feasibility Study on development of its flagship 100%-owned Los Pumas Manganese Project in Northern Chile, after reporting a further significant increase in the JORC compliant resource estimate.
Bloomberg Business Week reports that Tshipi e Ntle Manganese Mining Ltd. plans to invest significant funding to open a manganese mine in South Africa’s Northern Cape province. The article states: Tshipi e Ntle expects annual output of 2.4 million metric tons for at least 60 years, and a possible expansion to 5 million tons should [...]
Ecometals Limited (CVE:EC) closes the final tranche of a previously announced non-brokered private placement for gross proceeds of CDN$325,000.
Bloomberg reports that MOIL Ltd., India’s largest producer of manganese ore, is likely to sell shares at the top of the range in its initial offering, raising 12.4 billion rupees.
Sola Resource Corp. (CVE:SL) provides information on the Paraúna Diamond Project, in the Diamantina region of Minas Gerais, Brazil.
China Armco Metals, Inc. (AMEX: CNAM) announces its financial results for the third quarter of 2010.
Steelguru.com explains the reasons, why price of Chinese electrolytic manganese metal has currently risen.
Ecometals Limited (CVE:EC) announces that the company has closed the first tranche of a previously announced non-brokered private placement for up to 26,666,666 units at a price of CDN$0.15 per unit.
Wednesday, February 9, 2011