Rajant Corporation Announces Agreement with Caterpillar Dealer, MacAllister Machinery

Rajant Corporation, a leading provider of wireless mining solutions, announced today that it has entered into a reseller agreement with Indiana-based MacAllister Machinery Co. Inc., (MacAllister ) to market, sell and support its BreadCrumb® wireless mesh communications product line. “We look forward to working with MacAllister within the Caterpillar dealer network. With this new dealer agreement,... 

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Mechel Announces Progress in Constructing the Railway Spur Track to the Elga Coal Deposit

Mechel OAO announces that its Yakutugol HC OAO coal mining subsidiary continues active operations in constructing the road to the Elga coal deposit. The total length of the railroad will be more than 315 kilometers. At present, traffic is possible from the Ulak station towards the Elga deposit up to the 270th km. In addition, 80 km of the access motor road have been repaired, 143 km of motor roadbed... 

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CREDO Announces Deeper Pool Discovery in Major County, Oklahoma

CREDO Petroleum Corporation announced a deeper pool discovery from the Hunton formation in its Ball #1-18 well. The 9,750-foot Ball well is located on the company’s 1,280 gross acre Pool\Proffitt prospect. Electric logs and drilling and completion data indicate that the Chester, Mississippian and Hunton formations are commercially productive. The company owns a 50% working interest and is the operator. The... 

Unico, Inc. Announces Addition of New Photo Gallery Showing Recent Progress of Underground Rehabilitation Work at the Deer Trail Mine

Unico, Incorporated, a natural resource company in the precious metals mining sector, announced that a new photo gallery has been added to its corporate website, www.unicomining.com, which includes pictures showing the progress of additional underground rehabilitation work at the Deer Trail Mine in Marysvale, Utah. The new gallery shows work undertaken by the company’s wholly owned Deer Trail... 

Tri-Star Holdings, Inc. Announces Equipment Purchase for Arizona Gold Mines

TRI-STAR HOLDINGS, INC. announced the company has executed purchase agreements for metals recovery and processing equipment for its COS #1, 2 and Wickenburg mines in Arizona. The company negotiated the purchase to acquire several necessary pieces of equipment to be installed and operated on location by Azrock Mining. This equipment is valued at over $200,000.00 new, but Tri-Star management stated that... 

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Mechel Signs Contract With Minmetals To Construct Rail and Structural Steel Mill

Mechel OAO, one of the leading Russian mining and metals companies, announces that it has signed a contract with Minmetals, one of China’s largest state-owned industrial corporations, to construct a rail and structural steel mill at its Chelyabinsk Metallurgical Plant OAO subsidiary. The commercial agreement, signed today, is the first in accordance with the Memorandum of Intent signed between... 

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Technip Awarded Contract for the Charter of a Pipelay Vessel

Technip has been awarded by Petrobras a daily-rate contract (worth more than US$ 100 million) for a two-year charter of the Normand Progress, a vessel specializing in flexible pipeline installation. The contract includes engineering and support services, as well as an additional two-year option. The Normand Progress will be used for the installation and retrieval of flexible pipelines offshore Brazil,... 

Dresser-Rand Awarded BP Angola Block 31 FPSO Program

Dresser-Rand Group Inc. announced that its Norwegian subsidiary will supply four power generation packages for a floating, production, storage and offloading (FPSO) vessel. This will be the first of up to four identical contracts, as part of BP’s Angola development program. The first contract’s sales are estimated at approximately $75 million. “We are very pleased to have been awarded... 

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Silver Falcon Mining, Inc. Updates the Belle Peck Completion and Ore Transport

Silver Falcon Mining, Inc. details progress on the War Eagle Project. The entrance to the Belle Peck tunnel has now been protected by the installation of massive steel pipes which will allow easy vehicular entrance to the Belle Peck adit and permanent access to the Gold and Silver (Poorman) veins on the mountain. The adit will be explored in its entirety and assays of the accessible veins will be done... 

Technip Awarded Contract for the Expansion of an Ethylene Plant in Russia

Technip has been awarded by Sibur Neftehim (a Sibur Moscow Holding subsidiary) a lumpsum engineering and procurement contract, worth approximately €45 million, to expand an ethylene plant in Kstovo, Russia. Technip’s operating center in Zoetermeer, The Netherlands, will execute the contract, which follows the basic engineering contract already carried out by Technip. It covers detailed engineering,... 

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