Gentor Resources Inc. closes acquisition of APM Mining Limited

GENTOR RESOURCES, INC. announce the acquisition of APM Mining Limited pursuant to the closing under the Share Exchange Agreement dated February 23, 2010 between the Company, APM Mining and Arabian Peninsula Projects Ltd. As a result of the acquisition, the Company, through its wholly owned subsidiary, APM Mining, holds the earn-in rights to the Block 5 and Block 6 copper exploration projects located... 

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2nd China Off-Highway Vehicle Summit 2010

Organized by Duxes Business Consulting Inc. and endorsed by powerful organizations around the world, 2nd China Off-Highway Vehicle Summit 2010 (COVS) will take place on January 21st to 22nd, 2010 in Beijing, China. COVS is the annual Off-Highway event in China, which is of its first kind to gather so many leading companies to be the speakers and delegates including Caterpillar, Terex Mining, Volvo... 

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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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Ritchie Bros. to sell late model rock trucks in Grand Opening unreserved auction in Grande Prairie

Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer, is selling mining and heavy construction equipment and trucks-including a fleet of late model rock trucks-in an upcoming two-day, multi-million dollar, unreserved public auction at the Company’s brand new permanent auction site in Grande Prairie on Tuesday, November 24th to Wednesday, November 25th 2009 starting at 8:00... 

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AmeraMex Receives $500,000 Heavy Equipment Order From Algerian Company

AmeraMex International, Inc., a provider of heavy equipment to infrastructure construction, stevedoring and mining companies, announced that it has received a $500,000 order for refurbished heavy equipment from a company located in Algiers, Algeria. This equipment is expected to ship before the end of 2009. “With the current economic climate in the U.S., we are pleased that our groundwork in... 

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Caterpillar to cut another 2,110 production jobs

Heavy equipment maker Caterpillar Inc. announced 2,110 new job cuts Friday as it scales back production amid a world economic slowdown. The world’s largest maker of mining and construction machinery said the layoffs at three Illinois plants — in Aurora, Decatur and East Peoria — and other cost-cutting measures were needed to maintain competitiveness. Like other big manufacturers,... 

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Ritchie Bros. Orlando site to host company’s first ever six-day auction

Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer, will conduct its first-ever six-day unreserved public auction at its Orlando, Florida permanent auction site from February 16 – 21, 2009. The auction already features more than 7,000 heavy equipment items and trucks, with more items being added daily – and every item will be sold to the highest bidder on auction... 

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Thousands bid on site and online at Ritchie Bros. equipment auction in Fort Worth

More than 2,600 people from 37 countries registered to bid on site and online at the heavy equipment auction conducted by Ritchie Bros. Auctioneers at its permanent auction site in Fort Worth, Texas last week (on December 3, 4 & 5, 2008). Ritchie Bros., the world’s largest industrial auctioneer, sold more than 2,800 items for the construction, transportation, mining and other industries... 

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Heavy equipment prices remain strong at Ritchie Bros. auction in Moerdijk

The participation of almost 1,100 on-site and online bidders from 61 countries helped keep prices strong at the unreserved public auction conducted by Ritchie Bros. Auctioneers in Moerdijk, the Netherlands last week. The three-day auction generated gross auction proceeds in excess of (euro)45 million (US$57 million). Out-of-country buyers purchased close to (euro)36 million (US$46 million) of equipment.... 

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

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... 

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