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Mitsui, Rio Tinto to Start Bauxite Prospecting in Laos

Aug. 16, 2010 - Mitsui & Co. announced Friday the opening of a joint venture with Anglo-Australian mining giant Rio Tinto (RIO) to prospect for bauxite in Laos. Rio Tinto put up 70 percent of Lao Sanxai Minerals Co.'s US$900,000, or 77 million yen, in capital, while Mitsui ...

Timminco, Dow Corning Form Silicon Joint Venture

Aug. 16, 2010 - Timminco has agreed to form a joint venture with Dow Corning Corporation at its silicon metal production facilities in B cancour, Qu bec. Dow Corning will acquire a 49% equity interest in a new joint venture entity that will own the existing silicon metal ...

Former Human Resource VP of RHI refractories America Appointed as new CEO of Eramet Marietta

Aug. 16, 2010 - Mr John Willoughby the local plant's former director of human resources and public affairs took on the CEO role July 1st 2010, succeeding Mr Frank Bjorklund, who was promoted to director of Manganese Operations US , Norway and is based at Eramet's Paris of France ...

Focus Metals Inc acquires the Lac Knife Graphite Project

Aug. 19, 2010 - Focus Metals Inc. announces that it has reached an agreement with a subsidiary of IAMGOLD Corporation (IAMGOLD), to acquire the Lac Knife Graphite Project (Property). The Property is located 35 kilometers south of Fermont, Quebec, which is in north-eastern Quebec ...

Fibretech Supply Fiberstone Refractories for Copper Shaft Furnace

Aug. 25, 2010 - Fbretech, a leading UK-based provider of high temperature and refractory solutions recently supplied a system of FIBERSTONE blocks to Aurubis, Europe's largest copper scrap refinery, processing 60k/MT. the Fiberstone refractory blocks were used for the rebuild of ...

RB Milestone Group analyses Gunson Resources, worth double the current valuation

Aug. 20, 2010 - New York research firm, RB Milestone Group has conducted an analysis of Gunson Resources, finding the Perth-based explorer's assets and projects are worth approximately $0.15 per share, more than double the current share price. The valuation is based on strong ...

China GengSheng Minerals Awarded $2.1 Million Contract

Aug. 24, 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, announced that it has secured a $2.1 million contract for its fracture ...

North Asia Resourcs signs MOU with Sinosteel Trading

Aug. 24, 2010 - North Asia Resources Holdings Limited announced that the Company has signed a memorandum of understanding with Sinosteel Trading Co., Ltd. on 18 August 2010 for long-term cooperation with respect of the Company's iron ore mining operation in Mongolia. Under the ...

Second Ladle Furnace of RSP inaugurated

Orissa, Aug. 24, 2010 - The second Ladle Furnace of the Steel Melting Shop-II of the Rourkela Steel Plant (RSP) has been inaugurated, RSP sources said today. The 150 ton Ladle Furnace was the part of Rs 197,66 crores scheme for "Simultenous Blowing in Basic Oxygen Furnace (BOF) ...

Martin Marietta Materials Declares Regular Cash Dividend

Aug. 24, 2010 - Anne H. Lloyd, Executive Vice President, Chief Financial Officer, and Treasurer of Martin Marietta Materials, Inc., announced that the Board of Directors has declared a regular quarterly cash dividend of $0.40 (forty cents) per share on the Corporation's common ...

Iluka Resources narrows first-half loss to $6.6 million

Aug. 26, 2010 - ILUKA Resources continued its 18-month losing streak in the first half of the year, reporting a net loss of $6.6 million. The result compared to a $43.6m loss a year before. The company said revenue more than doubled to $424.1m in the six months ended June 30, ...

Almatis bankruptcy judge approves disclosure statement

Aug. 25, 2010 - A judge has approved the Almatis Holdings BV disclosure statement, helping clear the German aluminum maker's path out of bankruptcy. The disclosure statement outlines a new structure for Almatis, in which Dubai International Capital LLC would retain 60 percent of ...

Update on Kumba and Lonmin mining rights dispute

Aug. 26, 2010 - Kumba Iron Ore and Lonmin have challenged the South African government's grant of a prospecting right to Imperial Crown Trading and Keysha Investments respectively, over areas they were mining. Below is a summary of the mining act and a short chronology of both ...

Whitemud Resources Reports Narraw Loss for Q2

Aug. 26, 2010 - Whitemud Resources Inc. reported a net loss for the second quarter of C$1.3 million or C$0.07 per share, compared to a net loss of C$2.0 million or C$0.12 per share for the year-ago quarter. The company recorded income of C$630,000 in the second quarter that ...

High Temperature Marking Ink Fires Up to 3000 F

High Temperature Marking Ink Fires up to 3000 F East Liverpool, Ohio-August 25, 2010 Innovative Ceramic Corporation, East Liverpool, Ohio, is please to introduce 44W402 DuraFire Marking Ink, a new high temperature ink designed for marking high alumina refractories and ceramic ...

Alpha Finance Holding reduced stake in Kaolin with 4%

Aug. 27, 2010 - Alpha Finance Holding has reduced its stake in Bulgarian mining company Kaolin with 4.24% and swapped the shares in a deal for the acquisition of the majority stake in Solarpro Holding JSC, it is reported. Solarpro stocks were quoted on BSE after a secondary ...

Iluka mulls zircon options as demand exceeds supply

Aug. 26, 2010 - Mineral sands producer Iluka said that demand for zircon had increased by such an extent, that it was currently unable to meet all its customer's requirements. "In terms of zircon, we are unable, as the largest zircon supplier in the industry, to meet our customer ...

Toyota to set up Rs 150-cr rare earth processing plant

Aug. 26, 2010 - Toyota Tsusho Corporation (TTC), a group company of the Japan-based automotive major Toyota Motor Corporation, has proposed to set up a rare earth processing plant at Chhatrpur in south Orissa's Ganjam district at an investment of Rs 150 crore. The rare earth ...

Metso appoints Mr Kahkonen as new president

Aug. 27, 2010 - The Board of Directors of Metso has appointed Mr Matti K hk nen as the new president and CEO of Metso Corporation and Metso Group. Mr Matti K hk nen will start in his new position on March 1st 2011. Mr Matti K hk nen is currently president of Metso's Mining and ...

Antec brings Blasch Ceramics to Australia

Sep. 1, 2010 - In an exclusive agency agreement, Antec Engineering has partnered with Blasch Precision Ceramics (USA), manufacturers of net shape ceramic and refractory components for the distribution of its products in Australia. The Blasch process is a unique, proprietary ...
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