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Iluka's revenue up 53pc on recovering demand: Jul. 20, 2010 - Sales revenues before hedging at Iluka Resources grew 53 per cent in the second quarter to $229 million. The company, which mines mineral sands containing ores of the alloy metals zirconium and titanium in Australia and the US, said that demand recovery had helped ...

Iluka Resources production falls, sales up: Jul. 20, 2010 - Mineral sands miner Iluka Resources Ltd says its June quarter production fell following the closure of its Western Australian operations, but sales volumes were up strongly in the first half of 2010. It said total mineral sands production for the three months to ...

Cliffs raises nearly 82 percent stake in Spider Resources: July 20, 2010 - Cliffs Natural Resources Inc. said Monday that it has raised its stake in Canada's Spider Resources Inc. to nearly 82 percent and extended the deadline on its tender offer for the rest of the company by a week. Cliffs launched its bid for Spider last month amid a ...

China GengSheng Minerals secures approximately $1.7 million contract: July 20, 2010 - China GengSheng Minerals, Inc., a leading China-based high-tech industrial materials manufacturer producing heat resistant, energy efficient materials for a variety of industrial applications, today announced that it has secured an approximately $1.7 million ...

Australian Gold Investments raises A$2m to advance bauxite projects: July 21, 2010 - Australian Gold Investments (AGV) has reported that the company has resolved to issue 29 million ordinary fully paid shares at an issue price of 7 cents per share to raise approximately $2 million. The monies raised by the capital raising will be applied towards ...

TRL takes up measures to reduce carbon foot print: July 21, 2010 - Tata Refractories Limited has taken up a new initiative to reduce its carbon footprint by setting up Video Conferencing facility among its different out locations offices in India. Dr. A.K. Chattopadhyay, MD inaugurated the extension of the Video Conferencing ...

Iluka doubled its interim sales revenue: July 20, 2010 - Iluka Resources almost doubled its interim sales revenue as demand for mineral sands picked up. Mineral sand sales jumped to A$378,4-million, or 98%, in the half-year ended June 30, compared with the first six months of 2009. The sales volumes in the first half of ...

RusAl to Split Alumina Unit: July 27, 2010 - United Company RusAl split its alumina production unit into east and west divisions, the company said Monday. Valery Matviyenko, a former Norilsk Nickel deputy chief, will head Alumina Division East, which includes Russia and Ukraine, RusAl said. Yakov Itskov, who ...

Huber plans to expand silica production capacity: Huber Engineered Materials (HEM), a division of the J.M. Huber Corporation, today announced plans to expand silica production capacity at its manufacturing facility in Jhagadia, India. The expansion more than doubles the current capacity to a new rate of 33,000 metric tons per ...

Metso to supply lime calcining system to OJSC Novolopetsk Steel: Metso will supply a lime calcining system to OJSC Novolopetsk Steel's (NLMK) steel plant in Russia. Equipment delivery will be completed during the fourth quarter of 2011 and the refractory materials during the first quarter of 2012. The value of the order is not disclosed. The ...

Magnezit Group to increase production of refractories from Russian magnesite in Europe: Jul. 28, 2010 - Magnezit Group is implementing an investment project to re-equip and modernize the company's European production facility - the Slovmag factory in Lubenik, Slovakia. This project will help the Group substantially strengthen its position in Europe and other ...

Metso Receives Equipment Order from Russian Steel Producer: July 29, 2010 - The value of the order is not disclosed. The order is included in Mining and Construction Technology's Q2 orders received. The delivery consists of a preheater rotary kiln lime plant, including process and equipment design, plant control system and project ...

Imerys Announces 1st Half 2010 Results: Aug. 2, 2010 - On July 29, 2010, Imerys' Board of Directors, meeting under the chairmanship of Aimery Langlois-Meurinne, examined the Group's financial statements for the 1st half of 2010, as presented by Chief Executive Officer Gerard Buffiere. Gerard Buffiere stated, "Our sales ...

Vesuvius India steady growth: July 29, 2010 - After excellent performance during the 1st quarter ended March 2010, Vesuvius India continued to post steady growth during the second quarter ended June 2010 as well. The top-line grew 16% to Rs 110.08 crore primarily assisted by excellent demand growth from the ...

Carborundum Universal Q1 net profit up 126%: July 30, 2010 - Carborundum Universal has announced that the Board of Directors met today and approved the results for the quarter ended 30th June 2010. Consolidated Q 1 financial performance Consolidated net sales grew by 27% to Rs.3.52bn from Rs.2.76bn. PBIT (excluding ...

Graphite India Q1 net profit at Rs.34 crore: July 29, 2010 - Graphite electrodes manufacturer Graphite India Ltd (GIL), posted a standalone net profit of Rs.34 crore in the first quarter (April-June) of the current fiscal (2010-11), the company said here Thursday. Gross revenue for the quarter stood at Rs.271 crore, up by ...

Minerals Technologies Inc. Reports Operating Results: Jul. 30, 2010 - Minerals Technologies Inc. filed Quarterly Report for the period ended 2010-07-04. Minerals Technologies Inc. has a market cap of $980.6 million; its shares were traded at around $52.17 with a P/E ratio of 23.5 and P/S ratio of 1.1. The dividend yield of Minerals ...

First Bauxite Announces Feasibility Study Results for Its Bauxite Project: July 30, 2010 - First Bauxite Corporation announced the positive Feasibility Study (F") results for its 100% owned, Bonasika refractory grade bauxite project located in Guyana, South America. The FS was based on the bauxite reserves of the Bonasika 1, 2 & 5 deposits, which are ...

Base Resources completes acquisition of Kwale mineral sands project: On Aug. 2, 2010, East Africa-focused Base Resources reported that it had completed the acquisition of the Kwale mineral sands project, and that it was targeting first production from the Kenya mine in 2013. The completion of the acquisition from TSX-listed Vaaldiam Mining ...

Carborundum plans buyouts in US, Europe: Aug 1, 2010 - Abrasives and industrial ceramics maker Carborundum Universal will continue to pursue its inorganic growth strategy in overseas markets. It is eyeing firms with potential customer base in the US and European markets to compete with world giants. With several buys in ...

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