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Aurora Energy Resources Inc. is involved in the acquisition, exploration and development of uranium properties located in Newfoundland and Labrador, Canada. As of March 31, 2008, the Company had not determined whether these properties contain resources that are economically recoverable. During the year ended December 31, 2007, the Company completed a single project uranium exploration program and continued concurrent engineering and environment studies at its Michelin and Jacques Lake uranium deposits. In January 2008, it commenced a 20,000-meter winter drill program focused on in-fill and geotechnical drilling. (Source: ARS)
Cash Minerals Ltd. is a development-stage company that is primarily engaged in the acquisition, exploration and development of mineral properties located in Canada. The Company owns 100% of the rights to 22 territorial coal exploration licenses and five coal leases located in the Whitehorse Mining District, and two coal exploration licenses located in the Watson Lake Mining District, Yukon. The Company has completed a feasibility study to determine the viability of a coal-fired power station on the Division Mountain site. The Company has acquired by staking a 100% interest in various claims located in the Watson Lake Mining District and the Dawson Mining District, Yukon. Its Wernecke properties cover over 1,300 square kilometres. The Lumina property is located in the Wernecke Uranium District, and is held 50% by the Company. It hosts uranium associated with gold, copper, silver, molybdenum, cobalt and iron occurances. On August 7, 2007, the Company acquired Signet Minerals Inc. (Source: ARS)
Energy Resources of Australia Limited (ERA) is an Australia-based company. The Company is engaged in mining, processing and selling of uranium, and providing environmental consulting services by EWL Sciences Pty Ltd. The segments of the Company are uranium and consulting. The geographical segments of ERA are Asia, United States and Europe. (Source: ARS)
Sherritt International Corporation is a diversified resource company involved in the production of nickel, cobalt, oil and electricity, and the development of coal as an energy resource. It operates in four business segments: Coal segment, Metals segment, Oil and Gas segment and the Power segment. Its metals segment is the operator of pressure hydrometallurgical technologies for the extraction of nickel and cobalt from lateritic ores. The Company is engaged in a series of long-term initiatives to develop its substantial coal reserves in Canada for supplying energy in the form of power, steam or gases, such as hydrogen, through gasification, and related hydrocarbon fuels. Oil and Gas production is derived from near-shore deposits in Cuba, which are explored and developed from land-based drilling locations. On June 14, 2007, the Company acquired all of the issued and outstanding common shares of Dynatec Corporation. In May 2008, the Company acquired Royal Utilities Income Fund.
Ivanhoe Mines Limited together with its subsidiaries (Ivanhoe Mines) is a Canada-based international mining company with operations focused in Central Asia and the Asia Pacific region. The assets of the Company include Oyu Tolgoi Copper and Gold Project in southern Mongolia, its Cloncurry Iron-Oxide-Copper-Gold Project in Queensland, Australia and its Bakyrchik Gold Project in Kazakhstan. Ivanhoe Mines also owns 80.5% of SouthGobi Energy Resources (SouthGobi). SouthGobi is developing the Ovoot Tolgoi Coal Project in southern Mongolia. In May 2008, the Company announced that it has completed the previously announced sale of its 42% control block in China gold producer Jinshan Gold Mines to a wholly owned subsidiary of China's national gold-mining conglomerate, China National Gold Group, of Beijing.
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