Stans Energy Corp. Acquires Former Producing Kutessay II Rare Earth Mine

Stans Energy Corp. acquired 100% of the Kutessay II deposit along with 100% of the Kalesay Beryllium deposit from the Government of Kyrgyzstan for $855,000 US by acquiring 100% of “Kutisay Mining” on the Central Asian Stock Exchange. Stans Energy Corp. has commenced a feasibility study on restarting production at Kutessay II. A NI 43-101 report will be done in conjunction with the feasibility... 

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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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Great Western Technologies Inc Receives DARPA Contract to Develop Aluminum-Based Structural Metal Alloys

Great Western Minerals Group Ltd. announce that its US-based, wholly-owned subsidiary, Great Western Technologies Inc, (“GWTI”) of Troy Michigan, has been awarded a US $110,000 Defense Advanced Research Projects Agency (DARPA) contract to develop a set of aluminum-based high strength alloys. These alloys are a new class of materials that exploit the complex metal compounds that can be formed... 

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Commerce Resources Corp. Exploring Eldor for its Rare Earth Potential

Commerce Resources Corp. report that it has initiated its summer field work program at the Eldor Project, located in the Labrador Trough area of northern Quebec, Canada. The program will include mapping, prospecting, and rock and trench sampling and is designed to test some of the areas that were identified in 2008 with high values of rare earth elements, tantalum and niobium as well as new prospective... 

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Neo Material Technologies Enters Cooperative Agreement With Minmetal Rare Earth (Ganzhou) Company

Neo Material Technologies Inc. announced that the Company’s 90% owned Chinese joint venture Jiangyin Jia Hua Advanced Material Resources Co., Ltd (“JAMR”) has entered into an agreement to provide distribution, management and various technical services to Minmetal Rare Earth (Ganzhou) Co., Ltd (“MREG”). MREG is a newly formed company led by China Minmetals Corporation (“Minmetals”)... 

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Caterpillar Aligns to Better Serve Customers and Focus Accountability

To strengthen its world-class product and service offerings, Caterpillar Inc. is aligning its machine product and marketing organizations to sharpen customer focus, position the company to achieve its 2010 and Vision 2020 goals and build deep expertise in product development. “We are well-positioned for long-term success,” said Caterpillar Chairman and CEO Jim Owens. “And Team Caterpillar... 

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Motorola Broadens Portfolio of Communications Solutions for the Mining Industry

Motorola Inc. unveiled the most recent enhancements to its portfolio of voice and data solutions for the mining industry – its enhanced MOTOMESH Solo wireless broadband network solution and its Mine Safety and Health Administration (MSHA)-approved HT750 portable two-way radio. “Motorola voice and data solutions deliver real-time, reliable, business-critical communications that help ensure... 

EQECAT Initial Post-Landfall Estimates Of Insured Onshore Losses From Hurricane Ike

EQECAT, Inc., the leading authority on extreme-risk modeling, Saturday morning said, based on current storm information provided by the National Oceanic and Atmospheric Administration (NOAA), initial post-landfall estimated insured onshore losses from Hurricane Ike could range from $8 billion to $18 billion, primarily in the Texas counties of Brazoria, Harris, Galveston, Chambers and Jefferson. This... 

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Chevron Mining agrees to sell Mountain Pass rare earth mining operations

Chevron Mining Inc. today announced that it has entered into an agreement to sell its Mountain Pass rare earth mining operations to Rare Earth Acquisitions LLC. The transaction is expected to close in late September, 2008. REA is a special purpose company owned by Resource Capital Funds, Pegasus Partners IV, LP, The Goldman Sachs Group, Inc., Traxys North America LLC and Carint Group LLC. Included... 

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Frontline Strategy’s IIG Fund Invests USD 7 mn in Krishna Saa Fabs

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.... 

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