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IFGL Refractories allots 14.5 lakh pref shares

Sep. 15, 2010 - IFGL Refractories touched an intraday high of Rs 63.40 and an intraday low of Rs 58. At 09:11 hrs the share was quoting at Rs 62.25, up Rs 6.35, or 11.36%. It is reported that the company has allotted 14.5 lakh preference shares of Rs 100 per share. It was trading ...

Posco is in mining talks with Zimbabwe

Sep. 16, 2010 - Posco, South Korea's largest steelmaker is in talks with Zimbabwe to cooperate on the development of raw materials, the African nation's mines minister said. "We're hoping for a good partnership with Posco," Minister Obert Mpofu said yesterday in an interview in ...

India's Hindalco to start up Orissa alumina refinery Sep 2011

Sep. 14, 2010 - India's Hindalco Industries expects to start up its new alumina refinery in the state of Orissa in September 2011, with commercial sales to begin from December, company sources said Tuesday. Construction on the 1.5 million mt/year refinery began in 2007, and is ...

Kaolin AD becomes biggest Bulgarian investor in Ukraine

Oct. 12, 2010 - Kaolin AD has unveiled its quartz sand plant in the village of Oleshnya, becoming the biggest Bulgarian investor in Ukraine.The project is worth more than USD 15 million and uses the most recent technologies. The full capacity of the plant is 2,000 tons a day. It ...

Australian Bauxite Ltd Announce 5 Mln Tons Bauxite Resource

Sep. 16, 2010 - Australian Bauxite Limited (ABx) has 30 bauxite tenements in eastern Australia covering more than 7,100 km2 and is well advanced in its program to complete first-pass exploratory drilling of all project areas during calendar year 2010 - 6 months ahead of schedule. ...

Molycor Receives a Study for Exploitation of Tami Mosi Dolomite

Sep. 15, 2010 - Larry W. Reaugh, Chairman and Chief Executive Officer of Molycor Gold Corp. is pleased to report on the Company's receipt of Hazen Research Inc.'s Phase 1 Process Development Study for Exploitation of the Tami Mosi Resource. Tami Mosi is located in Schell Creek ...

First Bauxite has Received Compliant Technical Report for its Bonasika Bauxite Project

Sep. 14, 2010 - First Bauxite Corp. is pleased to announce that it has received the NI 43-101 Compliant Technical Report with respect to its Bonasika Bauxite Project Feasibility Study. In July 29, 2010 the Company announced the positive Feasibility Study (FS) results for its 100% ...

Owens Corning to Increase Glass Fiber CFM Production

Sep. 13, 2010 - Owens Corning announced that it will increase production of continuous filament fiber glass mat reinforcements to meet market demand by restarting a second production line at its Besana, Italy, manufacturing facility in October. The action will increase production ...

Canadian Mining company aims Bovill feldspar and quartz mine

Sep. 14, 2010 - Barring any permitting or funding problems, Canadian mining company i-minerals Inc., is hoping to break ground on a feldspar and quartz mine on 20 to 40 acres of state land outside Bovill next spring. Though Latah County leaders have no jurisdiction on the state...

Rio Tinto Seeking Approval for Weipa Bauxite Expansion in Australia

Sep 13, 2010 - Rio Tinto Group, the world's third- largest mining company, is seeking approval for a A$900 million ($837 million) expansion of its Weipa bauxite mining operation in Australia's Queensland state. The expansion would include two new processing plants and a new port, ...

Expect 20% revenue growth this yr: IFGL Refactories

Sep. 13, 2010 - IFGL Refactories has acquired two US based factories for Rs 59 crore. Kamal Sarda, the COO of the company, in an interview, spoke about their expansion plans and his outlook for the company. Q: Just to get a couple of the specifics, this USD 13 million, how will ...

SGL Carbon sees 10 percent profit rise in 2010

Sep. 11, 2010 - It is reported that SGL Carbon expects its production of graphite electrodes to rise in the second half of 2010 and group profit to jump 10 percent for the full year, boosted by higher prices. Robert Koehler, chief executive of the carbon specialist said that he ...

Canada's Northern Graphite files for IPO

TORONTO, Sep. 10, 2010 - Northern Graphite Corp., a junior miner with a project in northern Ontario, said on Friday it planned an initial public offering as it aims to become one of the region's first pure-play graphite miners. Northern Graphite said in a statement it planned to ...

Afrimat eyes acquisition of Glen Douglas dolomite mine

Oct. 13, 2010 - Afrimat believes there are a host of exciting acquisition opportunities available because of the depressed state of the market. The company is also hopeful it will finally be able to put its R35 million acquisition of the entire share capital of Glen Douglas ...

Indian mines ministry rejected bauxite mining lease to JSW JV

Sep. 20, 2010 - It is reported that mines ministry has rejected a proposal to allot bauxite mining leases to Jindal South West Limited and ANRAK a state owned company of the United Arab Emirates in the tribal dominated areas of Visakhapatnam and Vizianagaram districts of Andhra ...

Diatreme, Image to form zircon JV

Sep. 22, 2010 - Image Resources NL has moved to join a joint venture between a Chinese party and Diatreme Resources Ltd to potentially develop the Cyclone and Cyclone Extended heavy mineral sands deposits in Western Australia. Shares in Image had jumped 4.5 cents, or 11.25 per ...

Bauxite Resources closer to Chinese plant deal

Sep. 24, 2010 - CHINESE state-owned Yankuang is finalising a deal to build a new alumina refinery in Western Australia with Bauxite Resources. The deal, which was entered into earlier this year and would be a first for the Chinese giant, has expanded and Bauxite Resources' ...

IDSM to become the leading producer of flake crystalline graphite

Sep. 23, 2010 - Industrials Mineral Inc (IDSM) is a company set to explode in the immediate future. IDSM owns 100% of the undivided interest in the Bissett Creek Graphite patented mineral lease, containing a resource of 640,000 tons of flake graphite on approximately 10% of the ...

Alcoa Wins Environmental Award for Alumina Refining Technology

Sep. 22, 2010 - Alcoa has invented a new process, which took out top honours under the Environment category, using naturally occurring bacteria to consume oxalate-an impurity in the alumina refining process. This new technology has made the company enter the Engineers Australia ...

ORIND to begin refractory production from its Lathikata unit

Sep. 24, 2010 - The Management of Saswata International Limited, formerly ORIND, the state's oldest private sector refractory industry, has agreed to start its normal production from its Lathikata unit in Sundargarh district from next month. A tripartite agreement was reached at ...
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