Ritchie Bros. Auctioneers Incorporated announces another record-breaking quarter, with quarterly gross auction proceeds exceeding $1 billion for the first time. Net earnings for the six months ended June 30, 2008 reached $62.3 million, or $0.59 per diluted weighted average share. Net earnings for the first half of 2008 would have been $55.0 million, or $0.52 [...]

ERF Wireless, a leading provider of enterprise-class wireless broadband products and services, announced today that it has recently formed a new Oil & Gas Services Division to address growing customer demand in the oil and gas industry for the company’s wireless products and services. Utilizing the resources of its rapidly expanding wireless broadband networks in [...]

India Globalization Capital, Inc., a company developing infrastructure in India, announced today that its subsidiary, Sricon Infrastructure Private Limited (Sricon), was awarded a $16.5 million surface mining contract by Ultratech Cement Company (Ultratech) for the extraction, transportation, and delivery of limestone to Ultratech’s Gujarat Cement Works plant in the city of Amreli in Gujarat, India. [...]

Petrotranz Inc., announced today that Plains Marketing Canada, an affiliate of Plains Midstream Canada ULC (Plains) signed a multi-year agreement to use its Software-as-a-Service (SaaS) based Crude Oil Transportation System (”COTS”). Petrotranz Inc.’s COTS is a secure, easy-to-use, web-based communication and collaboration platform that streamlines the manual processes and documentation required in the transportation of [...]

General Maritime Corporation jointly announced today that they have entered into a definitive agreement whereby the two companies will combine in a stock- for-stock combination. Under the terms of the definitive agreement, approved unanimously by the Boards of Directors of both General Maritime and Arlington Tankers, shareholders of General Maritime will receive 1.340 shares of [...]

Mauritius-based Frontline Strategy Ltd, a Fabiani Family Office-anchored asset management company with prime focus on private equity investments, today announced an investment of USD 7 million in Krishna Saa Fabs Private Limited.
Krishna Saa Fabs fabricates structural engineering products used in the high growth infrastructure support sectors of telecom, national highways, airports, and ship-building. The company’s [...]

MIPSolutions, Inc., a Nevada corporation with offices in Spokane, WA, today announced that third-party laboratory analyses has verified that the Company’s recently developed MIP (Molecularly Imprinted Polymer) bead has successfully separated gold from a gold cyanide solution loaded with mercury without also removing mercury. The MIP bead was first pioneered at the Company’s laboratory at [...]

Wholesale Mine Supply (WMS), Irwin, PA, the largest supplier of two-way underground communications systems in the U.S. has added Venture Design’s MineTracer Communication and Tracking System to its portfolio. MineTracer was approved for use in underground mines by the Mine Safety and Health Administration (MSHA) in January 2008.
“We are really impressed with this system,” said [...]