Industry News

Lion One Metals Limited is pleased to announce it has arranged, subject to the approval of the TSX Venture Exchange, a non-brokered private placement of up to 45,000,000 units at a price of $0.92 per Unit for total gross proceeds of up to $41,400,000. Each Unit consists of one common share and one common share purchase warrant, each such Warrant exercisable at a price of $1.35 per share and expiring 18 months from the date of issue."/>
Lion One Announces Non-Brokered Private Placement
Mechel PAO– 8.3 bln rubles. MOSCOW, Aug. 29, 2016-- Mechel PAO, a leading Russian mining and steel group, announces financial results for the 1 H 2016.."/>
Mechel Reports the 1H 2016 Financial Results
State Bank of India is pushing creditors of Jyoti Structures Ltd to accept a takeover proposal from Dubai-based Amin Group, despite knowing about a past working relationship between promoters of the two companies, two people with knowledge of the development said. Jyoti Structures is an engineering, procurement and construction firm in the power sector, while Amin Group has interests in drug manufacturing, cane farming, livestock feed, oil and gas, recycling and..."/>
SBI pushing for Jyoti Structures takeover by Dubai's Amin Group [Mint, New Delhi]
Hargreaves Lansdown, said:' The share prices of the housebuilders have been hit hard by Brexit, and Berkeley in particular has..."/>
Housebuilder Berkeley is set to fall out of the FTSE 100 [Daily Mail, London]
Perseus Mining Limited has released its Annual Financial Report for the twelve months ending June 30, 2016, announcing a loss for the year attributable to the owners of the parent entity of A $35.6 million, or cents per share. This loss compares to a profit of A $87.8 m earned in the corresponding period ending June 30, 2015."/>
Perseus Mining Limited Positions Itself for Growth Following Challenging Year
Daily Mail, London, market report column [Daily Mail, London]
Axiall Corporation statement: At approximately 8:40 a.m. on Saturday, Aug. 27, 2016, a rail tanker car loaded with liquid chlorine developed a leak inside the Axiall Natrium chemical facility, which is located in Marshall County near Proctor, W.Va. The rail car is no longer leaking. Hazmat crews are on site and are evaluating the railcar and area of the leak."/>
Axiall Statement: Chlorine Railcar Leak at Natrium Plant
Seed companies form rival lobby group [Mint, New Delhi]
Cliffs Natural Resources Inc. has reached a tentative agreement on a new three-year labor contract with the United Steelworkers. The new contract, which would be retroactive to Oct. 1, 2015, still has to be ratified by union members, officials said Friday. If approved, it will cover 2,000 miners and iron ore workers at Cliffs' Tilden and Empire mines in Michigan, and at its United Taconite and Hibbing Taconite mines in Minnesota."/>
Cliffs and United Steelworkers reach tentative three-year labor agreement [Star Tribune (Minneapolis)]
Mirasol Resources Ltd announced the grant of 715,876 incentive stock options under its incentive stock option plan to certain directors, officers, employees and consultants. A portion of these options relate to recent appointments to the Board and the officers, which will provide greater depth to the Company's management team. The options are exercisable at $2.85 for a period of three years from the date of grant."/>
Mirasol Grants Options

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