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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Joy Global Inc. Announces Completion of Wuxi Shengda Acquisition

Joy Global Inc., a worldwide leader in high-productivity mining solutions, announced that its wholly-owned China Mining Machinery subsidiary has completed the acquisition of 100% of the outstanding shares of Wuxi Shengda, a Chinese manufacturer of longwall shearing machines, for $22.0 million excluding closing costs. Wuxi Shengda provides the Company with a foothold in the China market for domestic... 

FMC Technologies Acquires Interest in Roxar ASA

FMC Technologies Inc., acting through its wholly owned subsidiary, FMC Kongsberg Holdings AS, and with the assistance of DnB NOR Markets, has acquired 25,000,000 shares in Roxar ASA, representing 10.26% of Roxar’s outstanding share capital. Roxar is a strategic supplier to FMC Technologies of components for subsea and other applications and this transaction will strengthen the relationship between... 

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International Beryllium Corporation Closes Acquisition of Nonferrous Products, Inc.

International Beryllium Corporation announce that it has successfully closed, through its subsidiary IBC US Holdings, Inc., the acquisition of Nonferrous Products, Inc.,, a profitable and growing Indiana based beryllium metalworking and specialty alloy processing company. This transaction is further to the Company’s news release dated October 1st, 2008, which announced the signing of a binding... 

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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WSP Holdings to Invest Over $71 Million in a New Manufacturing and Sales Facility in Xinjiang

WSP Holdings Limited, a leading Chinese manufacturer of API (American Petroleum Institute) and non-API seamless casing, tubing and drill pipes used in oil and natural gas exploration, drilling and extraction (“Oil Country Tubular Goods” or “OCTG”), and other pipes and connectors, today announced that it established a new wholly-owned subsidiary, Bazhou Seamless Oil Pipes Company... 

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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Ameron Reports Solid Earnings Despite Difficult Market Conditions

Ameron International Corporation reported net income of $15.0 million, or $1.63 per diluted share, in the third quarter ended August 31, 2008, compared to $21.1 million, or $2.32 per diluted share, in the third quarter ended August 26, 2007. Sales in the third quarter of 2008 totaled $170.1 million, compared to sales of $165.0 million in the third quarter of 2007. Net income in the third quarter of... 

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North West Upgrading Selects Praxair to Supply Oxygen in Alberta

Praxair, Inc. announced that North West Upgrading Inc. (NWU), has selected Praxair Canada Inc., the largest industrial gas supplier in Canada, to provide the industrial gases needed for its heavy oil Upgrader in Sturgeon County, Alberta, Canada. North West’s process eliminates production of coke, uses gasification to make hydrogen from the heaviest components of bitumen, and enables the capture... 

Technip Awarded Two New Frame Agreements by BP for Subsea Oilfield Developments in Angola

Technip and its subsidiary Angoflex Ltda. have been awarded two new major frame agreements by BP Exploration Ltd. for oilfield developments in Angola, covering: * engineering, procurement and manufacture of flexible pipe, * engineering, procurement and manufacture of umbilicals(1) and associated equipment. These frame agreements are part of BP’s deepwater development programme in Angola.... 

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