Turkey top envoy goes to Niger in bid to secure uranium supplies
The trip comes after Niger’s military government withdrew mining rights from Canadian and French companies to develop uranium deposits.
Level 3 Communications, a global optic fibre network operator, this week announced that it has completed the sale of its entire coal mining business to Ambre Energy as part of its long-term strategy to focus on core business operations.
As a result of the transaction, the liabilities associated with the coal mining business will be removed from Level 3’s balance sheet as of the closing, the company said in a statement. The financial terms of the transaction were not disclosed. Level 3 operates a global services platform anchored by owned fiber networks on three continents in more than 45 countries connected by undersea facilities.
Buffett and two other investors galvanized the Broomfield-based broadband company when they bought $500 million in convertible debt in July 2002 which was billed as the legendary investor’s first foray into technology. Buffet cashed out a year and a half later for a 100% profit according to a report by USA Today.
