Heartland, Inc. a fast growing business with experience in fabricated metals and retail has secured financing for the acquisition of the Lee Oil Company including Lee Food Marts and Lee Enterprises through Choice Financial Group of Grand Forks, North Dakota. The agreement calls for a loan in the amount of $3,250,000 at a fixed rate [...]

Selwyn Resources Ltd. is pleased to inform shareholders that Dr. Meade, Mr. McKnight and Mr. Dunning are not continuing as senior management with Yukon Zinc Corporation following the sale of that company to Jinduicheng Molybdenum Group, Ltd. and Northwest Nonferrous International Investment Company, Limited. These senior managers will now devote all of their time to [...]

North American Galvanizing & Coatings, Inc. announced record earnings for the first six months and the second quarter of 2008. The second quarter of 2008 is the Company’s tenth consecutive quarter of record earnings.
Consolidated net earnings for the 2008 second quarter were $3.4 million ($.27 per share), compared with $2.2 million ($.17 per share) in [...]

ArcelorMittal, the world’s largest integrated metals and mining company, today announces that it has signed an agreement to acquire the Concept Group (“Concept”).
Concept, located in southern West Virginia and adjacent to the recently acquired Mid Vol Coal Group in the Central Appalachian Coal Basin, produced 0.8 million tons of metallurgical coking coal in 2007 and [...]

Latrobe Specialty Steel welcomes the news that Local 1537 of the United Steelworkers approved today the collective bargaining agreement negotiated Friday evening and that the twelve-week work stoppage is ending.
“I know that I speak for every Latrobe Specialty Steel employee when I say that we appreciate the return of our hourly colleagues. We have reached [...]

OAO Severstal, one of the world’s leading metals and mining companies, announced that it has extended the expiration date for its tender offer to purchase all outstanding shares of Esmark Incorporated (Nasdaq: ESMK; “Esmark”), at an offer price of $19.25 per share, to 10:00 a.m., Eastern Daylight Time, on Monday, August 4, 2008.
The tender offer [...]

Vena Resources Inc. is pleased to announce that the second drill program has commenced at Azulcocha West. An additional 27 drill holes have been designed for a total of 8,000 metres of drilling. Drilling includes targets on the Cantagallo, Recuperada and El Triunfo areas along the southern area of the Azulcocha West property including a [...]

Cleveland-Cliffs Inc and Alpha Natural Resources, Inc. announced that each company’s Board of Directors has approved a definitive merger agreement under which Cleveland-Cliffs will acquire all outstanding shares of Alpha in a cash and stock transaction valued at approximately $10 billion.
Under the terms of the agreement, for each share of Alpha common stock, Alpha [...]

Allegheny Technologies Incorporated expects second quarter 2008 earnings to be in the range of $1.65 to $1.67 per share, including a $0.11 per share one-time net tax benefit. ATI had previously said that it expected second quarter earnings to be somewhat higher than the $1.40 per share achieved in the first quarter 2008.
“ATI is benefiting [...]

As a result of the recently announced iron ore settlements between major Asia-Pacific iron ore producers and consumers, as well as the rising price of hot band steel, Cleveland-Cliffs Inc (NYSE: CLF) today updated its 2008 iron ore revenue and cost-per-ton guidance. In addition, the Company provided commentary on expected pricing for its North American [...]