Vangold Resources Ltd. Receives Update From International Beryllium Corporation

February 12, 2009 Filed Under: Mining Investment, Mining Stocks  
Vangold Resources Ltd. Receives Update From International Beryllium Corporation

International Beryllium Corporation announce that it has signed a letter of intent dated February 4, 2009 to acquire, through its subsidiary IBC US Holdings, Inc., all of the shares of a master and specialty alloy manufacturer and processing company. The proposed transaction is a non-arm’s length transaction as Denis Brady, a shareholder of the Target, is also a director of IBC. The transaction... 

Flowserve Signs Long-Term Strategic Agreement with Oil and Gas Giant Saudi Aramco

November 24, 2008 Filed Under: Oil and Gas  

Flowserve Corporation, one of the world’s leading providers of flow control products and services for the global infrastructure markets including oil and gas, power, chemical water and general industries, today announced it has signed a 10-year strategic supplier agreement with Saudi Aramco, one of the world’s largest oil producing companies. The supply agreement includes Flowserve’s entire... 

Flint announces new construction contract for StatoilHydro’s Leismere Oilsands Project

November 18, 2008 Filed Under: Oil and Gas  

Flint Energy Services Ltd. announced the Company has been awarded a $50 million (Canadian dollar) construction contract by StatoilHydro Canada Limited, the Canadian business unit of StatoilHydro, for work on the Leismer Oilsands Demonstration Project located near Fort MacMurray, Alberta. The contract will involve the site construction of the central plant’s mechanical components for the new... 

Flint Announces Fluid Hauling and Pressure and Vacuum Contract Awards in Northeast Alberta

November 14, 2008 Filed Under: Oil and Gas  

Flint Energy Services Ltd. announced that the Company has been awarded two contracts to provide fluid hauling and pressure and vacuum services to two major oil producers in Northeast Alberta valued at $125 million (Canadian dollars) over the next five years. The first, a five year contract, worth an estimated C$15 million annually, is with an existing customer in Northeast Alberta. This contract will... 

American Titanium Works Selects Laurens County for First Titanium Mini-Mill Facility in North America and Greenville County/CU-ICAR for a R&D Tech Center

November 12, 2008 Filed Under: Mining Contractors, Mining Services  

Gov. Mark Sanford and Thomas Sax, CEO of American Titanium Works (ATW), announced that ATW will build a world-class titanium mini-mill facility in Laurens County, South Carolina. American Titanium Works LLC, headquartered in Chicago, Illinois, will invest an estimated $422 million and plans to employ 320 people at its new facility in Laurens County. Under one roof, uniquely efficient manufacturing... 

Golden Phoenix Announces Stand Down of Active Mining at the Ashdown Project

November 11, 2008 Filed Under: Precious Metal  

Golden Phoenix Minerals, Inc. announced that in response to the sharp reduction in demand and price for molybdenum worldwide, the Ashdown molybdenum mine in Humboldt County, Nevada has been placed on care and maintenance with a significant reduction in force until further notice. The Ashdown mine produces molybdenum concentrate which is roasted to the oxide form used primarily as a hardener and anti-corrosive... 

ShengdaTech Announces Delay in Planned Acquisition of Jinan Fertilizer and Closure of Bangsheng Chemical

November 5, 2008 Filed Under: Coal Mining  

ShengdaTech Inc. a leading manufacturer of nano precipitated calcium carbonate and a manufacturer of coal-based chemical products in Shandong Province, PRC, today announced the Company will require additional time to close the acquisition of Jinan Fertilizer Co., Ltd., (“Jinan Fertilizer”) and that the chemical facility in Tai’an City was closed as scheduled on October 31, 2008. As... 

Hatch Ltd. Honored with Project Management Institute’s 2008 Project of the Year Award

October 22, 2008 Filed Under: Iron Ore Mining  

Hatch Ltd. has been awarded the Project Management Institute (PMI) Project of the Year Award for its expansion of Quebec Iron and Titanium’s (QIT) Upgraded Slag (UGS) plant in Sorel-Tracy, Quebec, Canada. Hatch’s project was selected from a host of successfully completed projects from around the world. This award, presented on 18 October at PMI® Global Congress 2008-North America in Denver,... 

Trolley-Capable 860E-1K Joins Komatsu’s Fleet of Mining Trucks

October 1, 2008 Filed Under: Mining Equipment  
Trolley-Capable 860E-1K Joins Komatsu’s Fleet of Mining Trucks

Komatsu America Corp. is pleased to announce the introduction of the new 860E-1K electric drive rigid frame dump truck. With a nominal payload of 254 metric tons (280 short tons) — and a factory installed trolley-capable option — the 860E will be the latest in a broad selection of fast and powerful mining trucks manufactured for distribution across the globe. Powerfully productive and environmentally... 

ShengdaTech Updates Timing of Jinan Fertilizer Acquisition and Relocation of Chemical Facility

September 29, 2008 Filed Under: Coal Mining, Mining Stocks  

ShengdaTech, Inc. a leading manufacturer of nano precipitated calcium carbonate (NPCC) in the People’s Republic of China (PRC) and a major manufacturer of coal-based chemical products in Tai’an City, Shandong Province, PRC, today announced that the Company expects to close the acquisition of Jinan Fertilizer Co., Ltd., before the local government’s mandated closing of its chemical...