Northland Appoints Banks for Project Financing

Northland Resources S.A. announce that the Company has appointed and retained leading global mining finance and investment banks – Societe Generale, UniCredit Bank AG and WestLB AG as exclusive Mandated Lead Arrangers in the proposed project financing of the Kaunisvaara Iron Concentrate Project. The Facility will be subject to each Mandated Lead Arranger securing its internal credit approvals,... 

Tag: unicredit mining, banks the finance mining, northland mining, banks financing iron ore mine

Lion Energy receives conditional acceptance from TSX Venture Exchange for farm-in with Africa Oil

Further to a release on May 28,2009, Lion Energy Corp. announces that it has received conditional acceptance from the TSX Venture Exchange for its farm-in agreement (the “Agreement”) with Africa Oil Corp. (“Africa Oil”), a member of the Lundin Group of Companies. Final Acceptance is subject to the confirmation of certain matters with the TSX Venture Exchange. The Agreement relates... 

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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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The Linde Group to invest in largest air separation plant in India

The technology group The Linde Group today announced it will build and commission a state-of-the-art 2,550 tonnes per day (tpd) air separation unit (ASU) at Tata Steel Ltd’s plant in Jamshedpur, India. Tata Steel is one of the world’s leading steelmakers. Once commissioned in early 2012, this will be the largest air separation plant in India and one of Linde’s largest in Asia. The... 

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Invensys Provides Advanced Process Control for Chile-Based Codelco

Invensys Operations Management, a global provider of technology systems, software solutions and consulting services to the process and manufacturing industries, today announced that it has partnered with Codelco, the world’s largest copper producer, on a corporate-wide development agreement to improve the performance and longevity of Codelco’s processing assets at the smelters areas, increasing... 

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Mincom Signs a Multi-Million Dollar Outsourcing Deal with Xstrata Queensland Limited

Mincom, a leading global provider of software solutions and services for asset intensive industries, has signed a multi-million dollar outsourcing contract with Xstrata Queensland Limited. Following a competitive tender process, Mincom won the contract to provide managed services to Xstrata’s operational sites in north Queensland and the Northern Territory starting next month. The contract, which... 

Mariner Energy Announces Three Discoveries in the Gulf of Mexico

Mariner Energy Inc. announced drilling success at three exploration wells in the Gulf of Mexico: Heidelberg #1 on Green Canyon Block 859, Bushwood #1 (formerly Geauxpher #3) on Garden Banks Block 463, and Smoothie #2 on South Timbalier Block 49. Heidelberg and Bushwood are deepwater wells located in water depths of approximately 5,000 feet and 2,700 feet, respectively. Smoothie, a deep shelf prospect... 

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New Acquisition Fuels Growth Strategy at Brady

Brady plc, the leading global supplier of trading, risk management and settlement solutions to the metals and commodities sectors, has acquired Commodities Software (UK) Limited (Comsoft), a privately held company. In the highly focused and specialised world of commodities Brady is the leader in metal trading solutions; Comsoft is a leading supplier of raw material solutions. The acquisition will position... 

Technip to Expand Its Subsea Umbilicals Facility in Angola

Technip confirms the expansion of its state-of-the-art Angoflex umbilical* manufacturing plant in Lobito, Angola to meet growing demand for longer length and larger diameter products on the West African market. Established in 2002, Angoflex is a joint venture between Technip and the Angolan national oil company Sonangol. On December 15, Bernard Di Tullio, Technip’s Chief Operating Officer, launched... 

Tag: e mail bernard di tullio, angoflex umbilical, dande spoolbase, subsea underground pipeline installation, scomi

CGGVeritas: Sercel Acquires Quest Geo

CGGVeritas announced that its subsidiary Sercel has entered into a private transaction to purchase all existing shares in Quest Geo Solutions Limited (“Quest”), a UK-based software company, for a cash consideration. The acquisition continues to broaden Sercel’s product offering and comes as a logical extension to the existing partnership between the two companies, whereby Sercel distributes... 

Tag: quest geo sercel, fmc mining