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First Majestic announces friendly acquisition of Silvercrest Mines

[PR Newswire] – VANCOUVER, July 27, 2015 /PRNewswire/ – First Majestic Silver Corp. (“First Majestic”) and SilverCrest Mines Inc. (“SilverCrest”) are pleased to announce that the companies have entered into a definitive agreement (the “Arrangement Agreement”) pursuant to which First Majestic has agreed to acquire all of the issued and outstanding common shares of SilverCrest for consideration of 0.2769 of a common share of First Majestic (the “Exchange Ratio”) plus

ENERGY (MSM)

Canada's top court says Ecuadoreans can sue Chevron in Ontario

Canada’s top court ruled on Friday that a group of Ecuadorean villagers could pursue a multi-billion pollution lawsuit against Chevron Corp in the Canadian province of Ontario. Chevron is contesting a ruling by Ecuador’s highest court that said the oil giant had to pay $9.5 billion to clean up contamination at a site it once owned. The villagers are now going after Chevron’s assets in Canada, Brazil and Argentina.

Gas Prices at an 11-Year Low for Labor Day Weekend

The national average price of gas is currently $2.44 per gallon, 99 cents less than this time last year, according to AAA. AAA estimates that 35.5 million people are planning to travel this weekend, a 1 percent increase from last year. Gasoline prices are moving lower thanks to the falling price of crude oil.

Top Canada court: Ecuador villagers can sue Chevron in Ontario

By David Ljunggren OTTAWA (Reuters) – Canada’s top court ruled on Friday that a group of Ecuadorean villagers could pursue a multi-billion pollution lawsuit against Chevron Corp  in the Canadian province of Ontario. Chevron is contesting a ruling by Ecuador’s highest court, which said the firm had to pay $9.5 billion to clean up contamination at a site it once owned. The villagers are now going after Chevron assets for countries

South Africa may increase nuclear power: newspaper

South Africa’s future energy mix could include an even higher share for nuclear power than the 9,600 megawatts (MW) already planned, the Business Day newspaper reported on Tuesday, citing an interview with a government official. It said a new version of South Africa’s integrated resources plan, which projects its electricity requirements and suggests the energy generation mix needed, will be released in March. “Given that we have a climate change