Argentina Mining's Blog I Latest news on Mining in Argentina

Este blog fue creado para publicar novedades sobre la mineria en Argentina, complementando así nuestro web y presencia en redes sociales. Como todas nuestras actividades, apunta a conectar a la comunidad minera argentina y establecer un ámbito de promoción de la actividad en el mundo, generando oportunidades de negocios.
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This blog was created to publish news on argentinean mining, thus complementing our website and presence in social networks. As all of our activities, it intends to connect the mining community in Argentina and provide a place to promote the activity in the world, developing business opportunities.

20 jun 2009

Beaty makes splash in geothermal sector after years in copper and silver firms

By Brenda Bouw – Jun 13, 2009

VANCOUVER, B.C. — Investor interest is heating up in the geothermal energy space as Magma Energy Corp., headed by mining entrepreneur Ross Beaty, gets set to go public in the coming weeks.
The Vancouver-based company is now working on pricing its initial public offering later this month, which analysts expect to be between $1.25 to $1.75 per share, raising at least $50 million.
That could bring the young company's market capitalization to about $295 million, says analyst Carolina Vargas of Clarus Securities Inc.

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