Monday March 15, 11:21Diamondcorp: a big cash injection and a lot of work to do
70% of the new money was raised from current shareholders, reflecting a hefty amount of faith in the management to deliver.
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Monday March 15, 08:34Robust Resources shares spike on record 82.5M gold-silver zone
The outstanding result came from hole LWD 062 which intersected gold and silver mineralisation over a drilled width of 82.5 metres. It is the widest intersection encountered by Robust in sixteen months of drilling to date.
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Monday March 15, 09:01China's growth boosting commodity prices
The latest economic figures from China have put pressure on the
dollar and boosted a number of high-yielding currencies, including the
Australian dollar and the South African rand.
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Nortel Networks delivers communications capabilities for both service provider and enterprise networks, support multimedia and business-critical applications.
Nortel's technologies are designed to help eliminate barriers to efficiency, speed and performance by simplifying networks and connecting people to the information they need, when they need it. Nortel does business in more than 150 countries around the world.
Nortel gets Canadian and US court approvals to sell CDMA operations to Sweden’s Ericsson
Nortel Networks Corp (OTCBB: NRTLQ) said it has received court approval to sell its CDMA business and LTE Access assets to Sweden’s LM Ericsson for US$1.13 billion.
The Ontario Superior Court of Justice and the United States Bankruptcy Court for the District of Delaware approved the sale agreement with Ericsson which was announced at the weekend.
As part of this agreement, a minimum of 2,500 Nortel employees supporting the CDMA and LTE Access business will receive offers of employment from Ericsson. Completion of the sale is expected later this year.
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