Hinterland Mobilizes Exploration Crew to Ballarat Property, White River Gold Play, Yukon

Hinterland Metals Inc. announce that it has mobilized an exploration crew onto the Ballarat property located approximately 15km south of the Golden Saddle zone where Underworld Resources Inc. recently reported an outstanding gold discovery (UW: TSX-V Press Release May 26, 2009). Hinterland also reports that it has staked 14 additional claims bringing Ballarat up to 94 claims (1995ha) in size. The importance... 

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Gasco Energy Extends Credit Facility; Provides Update on Gate Canyon Test

Gasco Energy, Inc. announced an amendment to its Credit Agreement and provided an interim operations update on its Riverbend Project in Utah’s Uinta Basin. On December 10, 2008, the Company closed on an amendment to its Credit Agreement led by JPMorgan pursuant to which the maturity date of the facility was extended one year to March 29, 2011. The interest rate pricing grid was increased 0.25%... 

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

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... 

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

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... 

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Australian Opencast Mines use UK-built Hoists to Maximise Uptime on Giant Draglines

North Queensland has some of the largest accessible coal reserves in the World. Street Crane Company’s Australian partner, North Queensland Cranes (NQC) uses UK built hoists and components extensively and has found a niche in supplying cranes and hoists to the draglines used by the opencast coal industry. These draglines are among the largest land based machines on the planet and work relentlessly... 

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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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Bharat Petroleum Corporation Ltd. Selects Meridium to Improve and Optimize Inspection Program

Meridium Inc., the global leader in asset performance management software and consulting solutions, today announced that Bharat Petroleum Corporation Limited (BPCL) has licensed Meridium software for its Kochi and Mumbai refineries. BPCL, a Fortune 500 Company, is a leading player in the petroleum sector in India, with its core business in refining crude oil and marketing petroleum products. Meridium... 

‘Mining Safely. Mining More. Mining Right.’ Caterpillar’s Theme for MINExpo International 2008

Caterpillar Inc. opened MINExpo International 2008 today with the largest and most comprehensive state-of-the-art indoor exhibit in the history of the exposition. The event, which runs September 22-24 at the Las Vegas Convention Center, will highlight Caterpillar’s mining products, services, technology and people. With over 40,000 square feet of floor space, the Caterpillar exhibit is the largest... 

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Mechel Announces the Installation of New Equipment at Its Southern Urals Nickel Plant OAO Subsidiary

Mechel OAO, one of the leading Russian mining and metals companies, announces that it has upgraded the machine tool equipment base at its Southern Urals Nickel Plant OAO subsidiary. A new large lathe RT-117-5, valued at approximately RUR6.0 million ($240.0 thousand), has been installed in the Casting and Mechanical Workshop of Southern Urals Nickel Plant OAO. Among other tasks, the universal lathe... 

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Mechel Announces Its Progress in the Construction of the Elga Deposit Access Road

Mechel OAO, one of the leading Russian mining and metals companies, announces that its subsidiary, Yakutugol Joint Stock Holding Company, continues active construction work on the Elga coal deposit access road. In February 2008, Mechel started construction of the railway spur-track to the Elga deposit. An opening ceremony for this work was held on June 22, 2008. Transstroy Engineering Corporation ZAO,...