The Company, through its 90% owned US subsidiary, applied for and received 15 State Exploration Leases (”Arizona Leases”) on lands located in the Holbrook Basin, Apache County, Arizona. Recently released Arizona Geological Survey open file report (OFR 08-07 Rauzi 2008) states that the Holbrook Basin is, potentially underlain by 3,500 square miles of salt beds, [...]

Servigistics, the leading strategic service management solution provider, announced today that Japan-based Komatsu Ltd., one of the world’s largest manufacturers of construction and mining equipment, will implement Servigistics’ award-winning Service Parts Pricing solution globally to optimize pricing and to strengthen its service parts pricing strategy worldwide.
Servigistics Service Parts Pricing is a solution that supports manufacturers [...]

Canadian Pacific Railway Ltd. (TSX:CP) is expanding in the U.S. Midwest by paying at least US$1.48 billion for the Dakota, Minnesota & Eastern Railroad Corp., a move that will help CP Rail extend its coal and agriculture business.
“It complements what we do and creates a new footprint for growth,” chief executive officer Fred Green told [...]

Union Pacific said on Tuesday it halted an embargo on new business on a section of track serving the coal-rich Powder River Basin in Wyoming.
The embargo officially ended March 27.
The embargo went into effect on a section of track Union Pacific operates jointly with Burlington Northern Santa Fe railroad July 18, 2005, after heavy rain [...]

Oxbow Carbon & Minerals Holdings, Inc. (Oxbow) announced that it has informed the Board of Trustees of Great Lakes Carbon Income Fund (the Fund) (TSX:GLC.UN - News) that it has modified its offer to purchase all assets of the Fund to increase the effective cash price per unit of the Fund from C$13.00 to C$13.50. [...]

A win for Air Products and a win for Surface Combustion, Inc. led to a big win for JMA Heat Treating (JMA) in its quest to enhance its production capabilities at its Houston, Texas heat treating facility. JMA was able to take advantage of the innovative joint marketing relationship between Air Products and Surface [...]

Union Pacific Corp., which still calls itself the nation’s largest railroad operator, reported a 64 percent jump in fourth-quarter net income Thursday because of greater efficiencies and strong demand for the coal and agricultural products it ships.
Burlington Northern Santa Fe, UP’s biggest rival, reported similar improvements in earnings and business earlier in the week. [...]

Agrium Inc. announced today it expects to adjust the carrying cost of its Kapuskasing phosphate rock mine and associated Redwater phosphate facility resulting in a non-cash, after tax charge of approximately $100-million in the Corporation’s fourth quarter financial results.
Recent quality issues with the rock from our Kapuskasing phosphate mine resulted in a comprehensive drilling program [...]

WHY are mining companies averse to the creation of goodwill on an acquisition? A common response to this question is that goodwill is something found when acquiring a corner shop, because when you buy a corner shop you do not gain many assets; perhaps the building and some inventory. However, you would pay probably a [...]

MICORE® Brand Mineral Fiber Board from the Industrial Products Division of United States Gypsum Company has been certified for classroom use in California schools after meeting stringent standards for low emissions of volatile organic compounds (VOCs) and formaldehyde.
Tests conducted in accordance with procedures adopted by California’s Collaborative for High Performance Schools (CHPS), a program intended [...]