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Ratepayers may foot $2m bill for Iluka's Sewerage Scheme

Sep. 21, 2010 - Ratepayers face the possibility of footing an interest bill of almost $2 million if Clarence Valley Council has to wait until 2013 to receive NSW government funding for the Iluka Sewerage Scheme. Councillor Ian Tiley told last week's Civil and Corporate Committee ...

China Carbon Graphite Group Begins to Construct New Plants

Oct. 5 - China Carbon Graphite Group, Inc., the largest wholesale supplier of fine grain and high purity graphite in China and one of the nation's top overall producers of carbon and graphite products, today announced it has started construction on a new forming and baking plant ...

Chinese company to invest Ghana bauxite and aluminium industry

Sep. 22, 2010 - It is reported that the Bonsai Minerals Group of China is teaming up with the Government of Ghana with USD 1.2 billion investment to revive Ghana's bauxite, aluminiun and allied industries. Letters of Intent to provide the framework to fast track the development ...

Grindwell Norton setting up manufacturing facility in Gujarat

Sep. 28, 2010 - Abrasives and refractory maker Grindwell Norton has acquired about 20 acres of land in Gujarat for setting up a manufacturing facility for high performance refractories. The project, which will involve investment of an estimated Rs54 crore, is expected to be ...

Diatreme Resources boosts Cyclone HM resource estimate to 132.1Mt at 2.33%

Oct. 5 - Brisbane based diversified mineral explorer Diatreme Resources has upgraded the Cyclone HM resource estimate to 132.1 million tonnes at 2.33% heavy minerals (HM) at a 1% cut-off grade, containing 3.1Mt HM, of which >40% is classified as Measured. The upgrade confirms the ...

Perlite Canada Announces Third Quarter Results

Sep. 30, 2010 - Perlite Canada inc. announces hereby the results of its third quarter 2010. The Company generated revenues of $ 1,670,977 during the third quarter ended July 31, 2010 (the "3rd Quarter 2010) compared to $1,947,906 as at July 31, 2009, being a decrease of ...

Beacon Hill Resources raises 730,000

Oct. 5, 2010 - Beacon Hill Resources has raised 730,000 through the placing of 5,175,000 new ordinary shares at 14.11p apiece. The shares have been subscribed for by Fortrend Securities Pty under an agreement previously announced in March. Fortrend has also been granted options ...

Focus Metals Completes the Acquisition of Lac Knife Graphite Project

OTTAWA, ONTARIO, Oct. 05, 2010 - Focus Metals Inc. ("Focus Metals" or "Corporation")is pleased to announce the closing of the acquisition of all of the issued and outstanding shares of 3765351 Canada Inc., a subsidiary of IAMGOLD and registered owner of the Lac Knife graphite ...

Axens acquires the Rio Tinto Alcan's Brockville activated alumina business

Oct. 1, 2010 - Axens has successfully completed the acquisition of the activated alumina business of Rio Tinto Alcan in Brockville (Ontario, Canada) on October 1, 2010. The acquisition agreement was previously announced on August 4, 2010. With this acquisition, worldwide ...

Gunson Resources raises capital for Coburn Zircon financing

Oct. 8, 2010 - Perth-based explorer Gunson Resources has received firm commitments from sophisticated investor clients of RBS Morgans Limited to take up to 4 million fully paid ordinary shares in GUN at 9 cents per share, to raise $360,000. The placement will increase Gunson's ...

Carborundum Universal to invest Rs 480 crore in Russia, India

Oct. 5, 2010 - Carborundum Universal Ltd (CUMI), part of the $3 billion Chennai-based diversified Murugappa group is planning an investment of around Rs 480 crore in Russia and India. The proposed investment will go towards expanding its existing capacity and for setting up a ...

AMG's Timminco unit finalises JV deal with Dow Corning

Oct. 4 - Dutch speciality metals company AMG's Canada-based Timminco unit said Friday it has completed the establishment of a joint venture with US silicons supplier Dow Corning. As part of the agreement, Dow Corning got a 49% stake in the joint venture, which encompasses the ...

SA company risks losing Malawi bauxite exploration licence

Oct. 8, 2010 - The Malawi government has warned that unless a South African company assigned to explore for bauxite deposits on Mulanje Mountain brings forward convincing evidence "that it has something to show," it won't have its licence renewed. "This company was given a ...

First Bauxite Announces Closing of First Tranche of Non-Brokered Private Placement

Oct. 6, 2010 - First Bauxite Corporation announces that it has closed the first tranche of its non-brokered private placement of 3,057,229 units at a price of $0.83 per Unit, raising a total of $2,537,500. Each Unit consists of one common share and one-half of a transferable ...

NiPlats Australia identifies mineralisation targets at Speewah

Oct. 12, 2010 - A gravity survey at the NiPlats Australia Speewah project in the east Kimberly region has identified a relationship between gravity features and zones of hydrothermal alteration, that are associated with copper-gold-silver and fluorite-barite-lead mineralisation. ...

Insimbi Refractory & Alloy's revenue rises despite strong rand

Oct. 11, 2010 - The strong rand was having a negative effect on AltX-listed metals trading specialist Insimbi Refractory & Alloy, but the group remained focused on strategic acquisitions in the six months ahead. On Friday, Insimbi reported a 35.1 percent increase in revenue to ...

Vedanta Resources wins bid to acquire bauxite from Indian firm

Oct. 11, 2010 - UK-based Vedanta Resources, whose attempts to mine bauxite in Orissa's Niyamgiri hills faced a legal setback, has won a bid to acquire over five lakh metric tons (MT) of the mineral from Gujarat Mineral Development Corporation (GMDC). "Vedanta has won the bids for ...

Almatis Completes Financial Restructuring & Emerges from Chapter 11

Oct. 14, 2010 - The Almatis Group recently announced that its plan of reorganization, which was confirmed by the U.S. Bankruptcy Court for the Southern District of New York on September 20, have become effective, thus allowing Almatis to complete its financial restructuring and ...

Masteel has ordered a duplex RH plant for the secondary metallurgy

Oct. 14, 2010 - Maanshan Iron & Steel Co Ltd located at Maanshan in China has awarded SMS Mevac, Germany a contract for the supply of a duplex RH plant with burner lance system. Commissioning of the duplex RH plant is scheduled for the second half of 2011. The duplex RH plant is ...

Morgan Technical Ceramics Facility Receives Environmental Award

Oct. 15, 2010 - Morgan Technical Ceramics (MTC) recently announced that its Mexico facility has received a Clean Industry Certificate from Procuradur a Federal de Protecci n al Ambiente (PROFEPA), Mexico's environmental protection agency. Clean Industry Certificates are given to ...
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