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Fortune Graphite Acquires Harris Creek Gold Placer Tenure

TORONTO, CANADA - Dec. 20, 2010 - Fortune Graphite Inc. announces today it has acquired 100% of the Harris Creek Placer gold property with a past production record in the Vernon mining division of British Columbia, Canada. The Harris Creek Placer is a past producing gold ...

China GengSheng Receives $5.4m Fracture Proppant Orders for 2011

Dec. 21, 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 received fracture proppant supply orders ...

Caroborundum objects to global deal of partner Wendt's parent

Dec. 20, 2010 - Carborundum Universal India has said that the acquisition of controlling interest in Winterthur Technologies AG of Switzerland by 3M is in breach of the shareholder agreement between Wendt GmbH and Carborundum Universal India Ltd. The Rs 56-crore Wendt India, a ...

NLMK's net profit for 9 months was $ 1.106 billion

Dec. 20, 2010 - In January-September 2010, OAO Novolipetsk Steel (NLMK) has received $ 1.106 billion net profit for the US GAAP, compared with $ 79.123 million net loss for the same period last year. It is said in a statement. NLMK's revenue grew over 9 months on 40,7% - to $ 6...

Magnesita wants to raise up to 425 million in stock offering

SAO PAULO, Dec. 20, 2010 - Magnesita, the third largest producer of refractory materials in the world, will do a primary offering of shares estimated between $ 255 million and $ 425 million. The application for registration of the operation was referred to the Brazilian ...

Profits ease at Goodwin as administration costs increase

Dec. 21, 2010 - Metals casting company Goodwin reported pre-tax profits for the half-year to end-October were 5.8m (2009 6.8m) from revenue of 45.9m (2009 45.8m). Margins remained in-line but overhead and administration costs increased. The order input of all Group companies for ...

S.Korea firm to import 600,000 T alumina from Vietnam

Dec. 21, 2010 - Dongyang Gangchul will import 600,000 tonnes of alumina, or 25 percent of South Korea's annual use, from Vietnam as it plans to build a $350 million aluminium refinery, the Korean government said on Tuesday. Dongyang Gangchul, South Korea's No.1 aluminium ...

Beacon Hill encouraged by Tasmanian magnesite project progress

Dec. 22, 2010 - Beacon Hill Resources says that it has made encouraging progress in relation to the development of its Arthur River magnesite project in north-west Tasmania. The Group intends to commence a drilling campaign in Q1 2011 to provide a better understanding of the ...

Empire Closes Royalty Sale of chromite, Raises $4.1 Million

VANCOUVER, BRITISH COLUMBIA, Dec. 22, 2010 - Empire Mining Corporation ("Empire") is pleased to announce the closing of the royalty and share sale first announced May 25th, 2010 and updated November 5th, 2010, respecting its Bulqiza chromite project in Albania. The royalty sale ...

Martin Marietta plans to add a sixth lime kiln

Dec. 21, 2010 - Martin Marietta Magnesia Specialties LLC is planning on expanding their facility on Lime Road by adding a sixth lime kiln. The project is estimated at $53 million, which the company is funding. Anne Lloyd, executive vice president and chief financial officer with ...

CMA CGM and Y ld r m Group reach agreement

Nov. 26, 2010 - CMA CGM, the container shipping company, has announced that a final agreement has been reached between CMA CGM shareholders and Y ld r m Group of Turkey. The agreement enables CMA CGM to strengthen its equity base and secure the financing of its investment plan. ...

Huber Enters Into Agreement For Fire Retardant Products With Almatis

Dec. 27, 2010 - Huber Engineered Materials (HEM), a division of J.M. Huber Corporation, and Almatis, Inc. (Almatis) have reached an agreement under which Almatis will toll produce for HEM certain specialty hydrate flame retardant products previously produced and marketed by ...

Bauxite Resources up-beat about refinery plans

Dec. 24, 2010 - Bauxite Resources says steadily increasing bauxite and alumina prices will help it progress plans for a refinery in south-west Western Australia in 2011. The miner hopes to find enough bauxite in its exploration leases, from Jarrahdale to south of Manjimup, to ...

Ridiculous Move In China GengSheng Minerals (CHGS)

Dec. 30, 2010 - Shares of small-cap Chinese capital goods company China GengSheng Minerals (AMEX: CHGS) rose more than 90% at the open today. Currently the shares are trading around 73% higher at $4.58. The activity is related to the speculative frenzy that is taking place in ...

Sheffield acquires advanced exploration projects from Iluka

Dec. 29, 2010 - Bulk minerals explorer Sheffield Resources announced that it has entered into an agreement to acquire three mining leases and a retention licence from Iluka Resources Limited. The tenements comprise the West Mine North (M70/872, M70/965 and M70/1153) and Ellengail ...

Dalmia Group's Hari Machines May Raise Rs 200Cr

Dec. 29, 2010 - Hari Machines Limited, a Dalmia group company engaged in making machinery and equipment for core sector industries, is close to raising Rs 200 crore in funding from private equity major India Value Fund Advisors, said sources close to the development to VCCircle. ...

DSF Refractories made Improvements to the layout area at Friden

Jan. 3, 2011 - DSF Refractories and Minerals Ltd is an independent refractory manufacturer and processor of refractory minerals, based in the Peak District of Derbyshire, in the centre of England. Because of the critical nature of many of the refractories produced by DSF it is ...

CoorsTek Acquires Saint-Gobain Advanced Ceramics

Jan. 3, 2011 - CoorsTek, Inc., now the world's largest technical ceramics manufacturer, announced today the completion of the purchase of the advanced ceramics business of Saint-Gobain. Augmenting an already expansive market presence, CoorsTek now owns and operates 44 facilities ...

Net Profit of Vesuvius India in Q4 grows to Rs 129.40 m.

Dec. 31, 2010 - "Vesuvius is a world leader in the design, engineering, manufacture and delivery of refractory products, systems and services for high-technology industrial applications. The company products are designed and conceived by material science specialists supported by ...

OMC to reserve 80% chromite ore for local units

Jan. 4, 2011 - In a bid to ensure uninterrupted supply of raw materials to industry in the state, the Orissa government today asked Orissa Mining Corporation (OMC) to reserve 70 per cent of the iron ore and 80 per cent of the chromite ore excavated from its mines for local units. ...
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