Metallurgy

China Gengsheng Minerals Renews Full-Service Refractory Contracts with Three Steel Producers

PR News Wire (Free subscription) | 6 hours ago

GONGYI, China, Nov. 25 /PRNewswire-Asia-FirstCall/ -- China Gengsheng Minerals, Inc. (OTC Bulletin Board: CHGS) ("Gengsheng" or "the Company"), a high-tech industrial materials products company in China with products capable of withstanding high temperatures, saving energy and boosting productivity in certain industries such as steel and oil, today announced that it renewed its...

San Gold Corp. Joins OTCQX

PR News Wire (Free subscription) | 6 hours ago

NEW YORK, Nov. 25 /PRNewswire-FirstCall/ -- Pink OTC Markets Inc. (Pink Sheets: PINK), the leading electronic inter-dealer quotation system, trading technology and financial information provider for Over-the-Counter (OTC) securities, today announced that San Gold Corp. (OTCQX: SGRCF, TSX.V: SGR), a Canadian gold mining and exploration company, is now trading on OTCQX(®).

Silver Wheaton appoints George Brack to its board of directors

PR News Wire (Free subscription) | yesterday

VANCOUVER, Nov. 24 /PRNewswire-FirstCall/ - Silver Wheaton Corp. (TSX, NYSE:SLW) ("Silver Wheaton" or the "Company") is pleased to announce the appointment of Mr. George L. Brack to the Company's Board of Directors. Mr. Brack is a mining industry veteran with extensive experience in the areas of investment banking and corporate development. Most recently Mr. Brack acted as the Managing...

Silver Wheaton Appoints George Brack to its Board of Directors

PR News Wire (Free subscription) | yesterday

VANCOUVER, Canada, November 24 /PRNewswire-FirstCall/ -- Silver Wheaton Corp. (TSX, NYSE:SLW) ("Silver Wheaton" or the "Company") is pleased to announce the appointment of Mr. George L. Brack to the Company's Board of Directors. Mr. Brack is a mining industry veteran with extensive experience in the areas of investment banking and corporate development. Most recently Mr. Brack acted...

Gerdau Ameristeel Announces $610 Million Refinancing

PR News Wire (Free subscription) | yesterday

TAMPA, FL, Nov. 24 /PRNewswire-FirstCall/ - Gerdau Ameristeel Corporation (the "Company") (NYSE: GNA; TSX: GNA) today announced that the Company has entered into a loan agreement pursuant to which a wholly-owned subsidiary will borrow $610 million on arm's length terms from Gerdau Holdings Inc., a subsidiary of Gerdau S.A. The loan, which is expected to be funded on December 3, 2009, will...

Cash4Gold Security Measures Help Tennessee Law Enforcement Nab Alleged Jewelry Thief

PR News Wire (Free subscription) | yesterday

POMPANO BEACH, Fla., Nov. 24 /PRNewswire/ -- Cash4Gold (www.Cash4Gold.com), the world's #1 gold buyer direct from consumers, is continuing to utilize various security practices at its secure, state-of-the-art processing facility. Cash4Gold has set the standard for the mail-in gold buying industry that it created when it opened for business in 2007. The latest evidence of the effectiveness of its security...

AK Tube's Columbus Plant Re-Certified In VPP Safety Program

PR News Wire (Free subscription) | yesterday

WEST CHESTER, Ohio, Nov. 24 /PRNewswire-FirstCall/ -- The Columbus, Indiana plant of AK Tube LLC, a subsidiary of AK Steel (NYSE: AKS), has been re-certified as a Star site in the Indiana Department of Labor's Voluntary Protection Program (VPP). The Star designation signifies that the plant's safety programs go above and beyond the requirements established by the Occupational Safety and Health Administration....

Resignation of Chief Financial Officer and Director

PR News Wire (Free subscription) | yesterday

VANCOUVER, Nov. 24 /PRNewswire-FirstCall/ - Anooraq Resources Corporation ("Anooraq" or the "Company") (TSXV:ARQ; NYSE Amex:ANO; JSE:ARQ) announces that the board of Anooraq (the "board") has received and accepted the resignation of Mr. Iemrahn Hassen as chief financial officer and director of the Company with effect from Monday, November 23, 2009.

Uranium Energy Corp. and Uran Limited Start Exploration Drilling at the Grants Ridge Project in New Mexico

PR News Wire (Free subscription) | yesterday

NYSE Amex Equities Exchange Symbol - UEC

Wallbridge Mining and Lonmin Plc Approve $1.25 million 2010 Program for Sudbury Camp Joint Venture

PR News Wire (Free subscription) | yesterday

TORONTO, Nov. 24 /PRNewswire-FirstCall/ - Wallbridge Mining Company Limited (TSX: WM, FWB: WC7) today announced that Wallbridge and major platinum producer Lonmin Plc have approved CDN$1.25 million to carry out the 2010 work program on Wallbridge and Lonmin's Sudbury Camp Joint Venture ("SCJV") properties. The funding provides for up to approximately 4,500 metres of diamond drilling and other...

Newmont and Sumitomo Enter into an Agreement to Sell an Additional 14% Share Sale of PTNNT for $494 Million

PR News Wire (Free subscription) | 11/24/2009

DENVER, Nov. 23 /PRNewswire-FirstCall/ -- Newmont Mining Corporation (NYSE: NEM) ("Newmont" or the "Company") today announced that its subsidiary, Newmont Indonesia Limited, together with Nusa Tenggara Mining Corporation ("NTMC") (an affiliate of Sumitomo Corporation), have agreed to sign a sale and purchase agreement for an additional 14% of PT Newmont Nusa Tenggara ("PTNNT")...

• Newmont to sell Indonesia venture stake for $494M - Rocky Mount Telegram - Business

Western Coal Aware of Potential Lawsuit

PR News Wire (Free subscription) | 11/24/2009

VANCOUVER, Nov. 23 /PRNewswire-FirstCall/ - Western Coal Corp. (TSX: WTN, WTN.WT and WTN.DB and AIM: WTN) ("Western" or the "Company") announces that it has received service of a proposed class action lawsuit that was commenced in the Ontario Superior Court of Justice on November 20, 2009. The statement of claim alleges inaccurate disclosure in Western's fiscal second quarter 2007...

ArcelorMittal plans plant in K’taka for Rs 30k cr

Times of India (Free subscription) | 11/23/2009

While South Korea's biggest steelmaker Posco has announced it would set up a Rs 60,000-crore steel plant in Karnataka, the world's largest steel company ArcelorMittal has approached the state government about setting up a plant worth Rs 30,000 crore.

Noront resources comments on Freewest alternative transaction

PR News Wire (Free subscription) | 11/23/2009

This release contains "forward-looking statements" within the meaning of applicable Canadian securities legislation, including predictions, projections and forecasts. Forward-looking statements include, but are not limited to, statements that address activities, events or developments that the Company expects or anticipates will or may occur in the future, including such things as future...

Ritchie Bros. Auctioneers to establish presence in Salt Lake City, Utah

PR News Wire (Free subscription) | 11/23/2009

SALT LAKE CITY, UTAH, Nov. 23 /PRNewswire-FirstCall/ - Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world's largest auctioneer of industrial equipment, has signed a seven-year lease in Salt Lake City, Utah and will be starting site work on a new auction site right away. Ritchie Bros. has conducted unreserved equipment auctions at temporary locations in Utah since 1985.

India, a big mart for the mining industry

mayurdicosta | 07/11/2009

India, a big mart for the mining industry. Coal India Ltd (CIL) and its eight subsidiaries are vigorously looking out for suitable suitors to develop its 18 abandoned coal mines. Arcelor Mittal, Anglo Australian major Rio Tinto, and Essar Mineral Resources are among the top 10 contenders for the post. These mines having estimated reserves, exceeding 1,600 million tonnes, had been abandoned because...