Energy Investing News

James River Coal Shares Rise to Highest Level in Two Months

Charlotte McLeod — Fri, 17 May 2013 17:49:30 +0000

Bloomberg reported that shares of James River Coal Co. (NASDAQ:JRCC) rose to a two-month high, gaining 16 percent to reach $2.58, following the company's decision to exchange around "$243.4 million of convertible bonds for $123.3 million of new notes due in 2018."

Graphene-boron Mix Promising for Lithium-Ion Batteries

Vivien Diniz — Fri, 17 May 2013 17:43:50 +0000

Phys.org reported that calculations made by Rice University showed that a graphene-boron anode should be able to hold a lot of lithium and perform at a proper voltage for use in lithium-ion batteries.

JV Contract Awarded for Swakop’s Namibian Project

Heather Wright — Fri, 17 May 2013 12:11:39 +0000

Mining Weekly reported that Tenova Bateman’s sub-Saharan Africa division has been awarded the JV contract for Swakop Uranium's Namibian project.

Zadar Ventures Ltd Acquires PNE Project, Adjoining Fission Uranium

Heather Wright — Fri, 17 May 2013 12:02:36 +0000

Zadar Ventures Ltd. (TSXV:ZAD) announced that they have entered into an agreement through which they will acquire a 100% interest Patterson Northeast Uranium project, in the Western Athabasca basin.

The Hottest North American Shale Plays: Josh Young

Vivien Diniz — Fri, 17 May 2013 00:07:40 +0000

Not all the shale plays are created equal, and one in particular is bucking the trend with robust economics and company share prices that show it. But is it too late to buy in? Fund Manager Josh Young doesn't think so, and he sat down with The Energy Report to discuss the hottest (and coldest) North American shale plays. Read on to find out where he's finding bargains that could pay off handsomely.

Lithium Market Reliant on Batteries for Continued Strong Demand

Vivien Diniz — Thu, 16 May 2013 18:53:25 +0000

Roskill provided analysis on the future of the lithium market. The company determined that rechargeable batteries accounted for 27 percent of global lithium consumption in 2012. The end use of batteries was responsible for 44 percent of the net increase in lithium consumption over the lat ten years and 70 percent over the last five.

Zadar Ventures Acquires Uranium Project Near Fission Uranium’s Patterson Lake North

Vivien Diniz — Thu, 16 May 2013 18:26:06 +0000

Zadar Ventures (TSXV:ZAD) has entered into a purchase agreement to acquire a 100% interest in the Patterson North Uranium project, a 7,744 hectare property located in the Western Athabasca basin. The project has road access to Fission Uranium’s (TSXV:FCU) recently optioned Patterson Lake North Project. As quoted in the press release: The PNE Project is [...]

Forbes & Manhattan Coal Files Technical Report on SEDAR

Charlotte McLeod — Thu, 16 May 2013 18:02:18 +0000

Forbes & Manhattan Coal Corp. (TSX:FMC) announced that it has filed on SEDAR a new technical report regarding its South Africa-based coal operations.

Gas Price Drop Weighs Down April Consumer Price Index

Vivien Diniz — Thu, 16 May 2013 17:12:21 +0000

USA Today reported that a drop in the price of gas has pulled April's consumer price indext figures down 0.4% from March — the lowest since December 2008.

Quantum Fuel Technologies: $3 Million in Registered Direct Offering

Vivien Diniz — Thu, 16 May 2013 17:07:41 +0000

Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ:QTWW) will sell common stock and warrants for gross proceeds of $3 million in a registered direct offering with Crede CG III, Ltd.