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Venezuelan refractories producer continues shutdown: May 16, 2010 - Following a year of nationalization and almost 18 months of being idle, workers at refractories producer Cer micas Carabobo are on a hunger strike. Employees are due to commence the strike tomorrow to protest the continuing shutdown of the plant. May 21 marks the ...

Globe Specialty Metals Inc. Reports Operating Results: Globe Specialty Metals Inc. (GSM) filed Quarterly Report for the period ended 2010-05-17. Globe Specialty Metals Inc. has a market cap of $895.56 million; its shares were traded at around $12.05 with a P/E ratio of 41.55 and P/S ratio of 2.1. GSM is in the portfolios of Ron Baron ...

Sidor's output down, requested to reduce refractories imports: May 17, 2010 - Venezuelan producer Sidor saw its production of liquid steel drop by 63.5% to 308,000 tonnes during the first quarter, compared to the same period in 2009. The works are currently producing at a monthly rate of 100,000 t with a projection of reaching 600,000 t for ...

Cliffs Natural Resources Appoints William C. Boor V.P.: CLEVELAND, May 20, 2010 - Cliffs Natural Resources Inc.today announced the appointment of William C. Boor, former senior vice president - Business Development, to the newly created position of senior vice president--president, Ferroalloys. Effective immediately, Mr. Boor will be ...

Zircoa launches online product sale: May 17, 2010 - US refractory goods supplier Zircoa Inc has launched an online sale of excess inventory through its website. High temperature kiln furniture suitable for metal powder sintering is among the product lines available. Zirconium Oxide is one of the most versatile ...

China Carbon Reports 68% Revenue Growth for Q1 2010: NEW YORK, May 18, 2010 - China Carbon Graphite Group, Inc. ("China Carbon" or the "Company"), one of China's leading non-state-owned producers and wholesale suppliers of fine grain and high purity graphite, announced today its first-quarter 2010 results. Net revenue increased 68% ...

S&B doubles its profits in the first quarter of 2010: May 19, 2010 - S&B Industrial Minerals SA more than doubled its operating profit in Q1 2010 driven by recovery in metallurgical end markets, the Greece-based company said. Operating profit rose to 7.3m. ($9m.) from 3.3m. in the same period last year, while sales increased 19.7% ...

NMDC seeks minimum 90% hike in ore prices: MUMBAI, May 21, 2010 - NMDC, Asia's third-largest iron ore miner, plans to seek price increases of "at least" 90% and quarterly contracts from steelmakers in Japan and South Korea, following biggest global exporter Vale. NMDC, which exported about 15% of output last year, expects ...

Kenmare Resources reports zircon production climb in April: May 20, 2010 - Mineral sands producer Kenmare Resources said that production figures for April showed further growth with zircon production rose 20% to 3,231 tonnes from 2,670 tonnes, while ilmenite production up 14% at 57,307 tonnes from the monthly average of 50,300 tonnes ...

Vale to export Mozambican iron ore to China and Oman: Maputo, Mozambique, 24 May Vale Mo ambique, a subsidiary of Brazil's Vale group, will annually produce 1 million tonnes of iron concentrate when it begins exploiting mines in the Monapo district of Nampula province, reports the Maputo-based daily Noticias. Vale Mo ambique ...

Allied Mineral Products Inc.'s Ronald G. Brenneman Passes Away: May 20, 2010 - Ronald G. Brenneman, who served as manager of Engineering Services at Allied Mineral Products Inc., Columbus, Ohio, for 19 years, passed away on January 23. He semi-retired in 2009 but continued to work as manager of Special Projects. Prior to joining Allied, Ron ...

Dave Ulmer Joins U.S. Silica as Diversified Market director: May 20, 2010 - Dave Ulmer has accepted the position of Diversified Market director for U.S. Silica, working from the company's new offices in Frederick, Md. His duties include expanding the reach of U.S. Silica in the Building Products, Fillers/Extenders, Filtration, Recreation, ...

Iluka joins opposition to mining tax: May 21, 2010 - Mineral sands producer Iluka CEO David Robb on 20th May told shareholders that the company would be reviewing its investments in Australia, because of the proposed 40% tax on resources profits. "Our corporate plan will have to consider returns we can make in ...

Fitch Affirms ACE Calderys Ltd's National Long-Term rating: May 21, 2010 - Fitch Rating today has affirmed Ace Calderys Limited's (ACL) National Long-term rating at 'A+ (ind)' with a Stable Outlook. ACL's bank loan facilities have also been affirmed. The ratings reflect the company's position as India's second-largest refractory ...

India's NMDC and J&K Minerals establish new DBM plant: India's NMDC and J&K Minerals have agreed to progress the joint-venture Panthal Magnesite Project, planning to produce dead burned magnesite (DBM) from 2012. Located at Panthal, in the Reasi district of Jammu and Kashmir, the project holds magnesite reserves of 4.6m. tonnes and 2...

SAIL announces Q4 and 2009-10 result: May 29, 2010 - Recently anointed a Maharatna company by the Government of India Steel Authority of India Limited took on record its audited financial performance for January to March of FY' 10 showing profit after tax of INR 2,085 crore, with an improvement of 40% YoY. The ...

Shandong to close smaller blast furnaces: May 30, 2010 - It is reported that the Shandong government has signed letters of responsibility with local authorities, pressing them to shut down poor equipped coal mines with annual capacities of 90,000 tons or less and close coke ovens with chamber sizes below 4.3 meters by ...

Cliffs launches takeover bid in Ring of Fire: May 28, 2010 - Cliffs Natural Resources wants a bigger stake in the Ring of Fire. The Ohio-based iron and coal conglomerate has launched a $186 million cash takeover bid of KWG Resources and Spider Resources to gain full control of the Big Daddy chromite deposit in the James Bay ...

Cliffs launches $82m bid for Spider Resources: May 27, 2010 - Iron ore producer Cliffs Natural Resources Inc. said Tuesday that a subsidiary launched an offer of $82 million (Canadian $86 million) for Canada's Spider Resources Inc., the latest step in a battle among three companies over a chromite mine in Canada. Cliffs said ...

Diatreme starts WA heavy minerals prefeasibility study: PERTH, May 27, 2010 ASX-listed explorer Diatreme Resources has started a prefeasibility study on its Cyclone heavy minerals deposit, in Western Australia, it reported on Thursday. The company plans to complete the study by early 2011, chairperson Anthony Fawdon told shareholders ...

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