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Globe Specialty Metals Announces Q1 Fiscal 2011 Results

NEW YORK, Nov. 10, 2010 - Globe Specialty Metals, Inc. (the "Company") today announces results for the quarter ended September 30, 2010. First quarter results were negatively impacted by $1.4 million of book tax expense related to a discrete item recorded in the quarter and $2.0 ...

FEAL GmbH open one stop shop for steel makers

Nov. 10, 2010 - FEAL GmbH, a six way joint venture, has set up a 100% subsidiary, FEAL Tech Pvt Ltd. The five principal companies of FEAL are LASE GmbH, 3tn GmbH, Ortmann Maschinenbau, RATH AG and Klein Automation. Mr Debasish Mukherjee co promoter of the FEAL GmbH told reporters ...

International Brucite Tackles New Space for ATI-Clean Energy Incubator

Nov. 10, 2010 - The Austin Technology Incubator (ATI), a not-for-profit arm of The University of Texas at Austin, announced today that International Brucite Corporation(IBC) joined as an affiliate member company of the ATI-Clean Energy Incubator (CEI). IBC produces and sells a ...

Timminco Reports Continued Improvement for Q3 results

ONTARIO, Nov. 09, 2010 - Timminco Limited ("Timminco" or the "Company")today reported its financial results for the third quarter ended September 30, 2010. "Our silicon metal operations ran at full capacity for the third straight quarter, the result of continued strong demand ...

AMG Group reports third quarter 2010 results

Nov. 10, 2010 - AMG Advanced Metallurgical Group N.V. reported third quarter 2010 revenue increased 17% to 240.4 million from $205.4 million in the third quarter 2009. Net income attributable to shareholders for the third quarter 2010, excluding Timminco, was $3.0 million, or $0...

World Minerals to Increase Perlite Prices

Nov. 9, 2010 - World Minerals announced it will increase diatomaceous earth and perlite prices for its European Activities, effective January 1, 2011, or as current price agreements expire. European produced diatomaceous earth product prices will increase 4-8%; U.S.- and Mexican...

Kenmare resumes zircon mining at Moma in Mozambique

Nov. 9, 2010 - In line with earlier expectations, Irish mining company Kenmare Resources on Tuesday confirmed that mining at its Moma titanium minerals mine, in Mozambique, has resumed. On October 8, the miner had to halt mining operations, which was conducted with two dredges, ...

Nigel Goodall appointed as Stirling Resources's executive chairman

Nov. 10, 2010 - Stirling Resources Limited announced that Mr Nigel Goodall will take the role of Executive Chairman of the company effective from November 8th 2010. Stirling also advised that Mr David Nabarro has resigned as Chairman and a non executive director of Stirling. The ...

Martin Marietta Materials Reports Q3 Financial Results

Nov. 9, 2010 - Martin Marietta Materials recently announced it has reported financial results for the third quarter and nine months ended September 30. In an October 28 release, Martin Marietta Materials reported that net sales for the quarter were $443.7 million, a 3.6 percent ...

Australian Zircon has been thrown a $40 million lifeline

Oct. 10, 2010 - An agreement announced today allows a six-month window for Australian Zircon to transfer all of its assets aside from its WIM150 tenements in Victoria to a new joint venture company in return for a $16.25 million payment and a 35 per cent interest in the new ...

Imerys to increase kaolin and CaCO3 prices by 5-7%

Nov. 8, 2010 - Imerys Pigments for Paper North America announces price increases for kaolin and calcium carbonate, effective January 1, 2011, subject to any provisions in individual customer contracts. The prices of kaolin produced in the USA and Brazil, including calcined kaolin ...

Iluka says zircon prices to keep rising

Nov. 7, 2010 - Mineral sands miner Iluka Resources says a worldwide shortage of zircon means its higher price will be sustained. "Iluka believes the global market is in deficit," the company said in a statement. "A step-change in zircon prices could be required to meet global ...

China GengSheng Minerals Joins "FIRE" as an Industrial Partner

Nov. 9, 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 the company has become an industrial partner with ...

China Carbon Graphite Gets RMB180 Mln. Loan From China Construction Bank

Nov. 8, 2010 - 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, announced that during the second and third quarters of 2010, it has ...

Sallies - fluorspar demand uncertain

Dec. 9, 2010 - Long-suffering shareholders in Sallies waiting for their shares to swing from today's 10c back to the late-2006 peak of 136c have to hope fluorspar demand will recover and the rand will weaken. Fluorspar has a range of applications in steel and aluminium processing...

Bulgaria's Kaolin buys Serbia's Belorecki Pescar for 1 mln

Dec. 10, 2010 - Bulgarian mineral extracting and processing company Kaolin said on December 9 2010 that it had acquired Serbian quartz sand quarry Belorecki Pescar through its local unit Jugo-Kaolin for a million euro. Kaolin has made commitments to invest a further 850,000 euro ...

Baosteel blast furnaces operating parameters break record

Dec. 9, 2010 - Up to now, Baosteel iron making plant third blast furnaces have reached 5900 days of service time and produced more than 57,850,000 tonnes of iron and unit furnace iron production capacity has reached 13,300 tonnes, all three indicators breaking records. The third ...

Globe Specialty Metals looking at deal for Elkem

NEW YORK, Dec. 8, 2010 - Silicon metal and alloy maker Globe Specialty Metals is looking to buy Norwegian solar silicon product maker Elkem for more than $1 billion. Elkem, a unit of Norway's pizza-to-metals group Orkla ASA, has been in talks to be bought by China National ...

The share of Graphite Kropfm hl has further upside potential

Frankfurt, Dec. 8, 2010 - The experts of "Prior Exchange" believe that the recent rise in the price of graphite Kropfm hl is not far from reflecting the potential of the stock. Graphite Kropfm hl have increased sales in the first nine months rose 16% to 72 million . However, ...

Afrimat concludes Glen Douglas acquisition of dolomite

Dec. 9, 2010 - JSE-listed materials supplier Afrimat said on Wednesday that it had concluded the R35-million acquisition of the Glen Douglas openpit dolomite mine, in Gauteng, from diversified miner Exxaro. The acquisition would become unconditional on January 1, from which date ...
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