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Company News
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Minerals Group Ltd Will Announce The Results of Its Preliminary Economic Assessment
Jan 7, 2013Great Western Minerals Group Ltd said that it will announce the results of its preliminary economic assessment in January 2013. The company said that while it had targeted the fourth quarter of 2012 to announce the results of its PEA, the ...
Tags: Great Western Minerals Group, preliminary economic assessment, mining
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Drillsearch Energy Has Cased and Suspended Its Coorabie-1 Wet Gas Exploration Well
Jan 7, 2013Drillsearch Energy has cased and suspended its Coorabie-1 wet gas exploration well in the Cooper Basin Western Flank for future evaluation of the Patchawarra and Tirrawarra sands. The well encountered good hydrocarbon fluorescence and ...
Tags: Drillsearch Energy, gas exploration, Cooper Basin Western Flank
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Hebei Steel Signed a Contract with China Railway Material Group Southwest CO.
Jan 7, 2013On January 4, Hebei Province-based major Chinese steel producer Hebei Iron and Steel Group announced that it has signed a contract with China Railway Material Group Southwest Co., Ltd for the supply of 200,000 mt of steel in the coming four ...
Tags: Hebei, steel producer, Hebei Iron and Steel Group, metro
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Hero MotoCorp Sold 5,41,615 Units in December Compared with 5,40,276 Units
Jan 7, 2013In the two wheelers segment, Hero MotoCorp sold 5,41,615 units in December compared with 5,40,276 units in the corresponding month in 2011. Mr Anil Dua, senior VP of Hero MotoCorp, said that “December being the last month of the ...
Tags: Hero MotoCorp, two wheelers, car, used cars
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Turkey's IDC Has Started Commissioning of Its Medium Section Mill as of January 3, 2013
Jan 7, 2013Turkey-based rebar producer Izmir Demir Celik Sanayi A.S. (IDC) has announced that it has started commissioning of its medium section mill as of January 3, 2013. Following research aimed at removing its dependence on a single product, the ...
Tags: Turkey, IDC, rebar producer, medium section mill
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Changbao Steel Tube Won a Tender to Supply OCTG to CNPC
Jan 7, 2013Jiangsu Province-based Chinese steel tube producer Changbao Steel Tube Co. has announced that it has won a tender to supply oil country tubular goods (OCTG) to China National Petroleum Corporation (CNPC). Accordingly, Changbao Steel Tube ...
Tags: Jiangsu, steel tube producer, Changbao Steel Tube, OCTG, CNPC
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Warburtons Is to Close Its Blackpool Bread Roll Bakery with The Loss of 55 Jobs
Jan 7, 2013Warburtons is to close its Blackpool bread roll bakery with the loss of 55 jobs. Warburtons is to close its Blackpool bread roll bakery The plant’s 84 workers have been in a 90-day consultation period, which came to a close ...
Tags: Warburtons, Blackpool Bakery
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Mount Gibson Iron to Step up Acquisition Efforts as Group Looks to Challenge Perception
Jan 7, 2013The Australian cited Mr Jim Beyer CEO of Mt Gibson Iron as saying that Mount Gibson Iron is set to step up its acquisition efforts this year as the group looks to challenge the perception that it offers little earnings growth. Mr ...
Tags: Mt Gibson Iron, acquisition, earnings, mining
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Minnesota Collected a Record USD 51 Million in Mineral Revenues in The 2012 Fiscal Year
Jan 7, 2013AP reported that Minnesota collected a record USD 51 million in mineral revenues in the 2012 fiscal year. The Department of Natural Resources said that that up 44% over last year's record of USD 35.5 million. Most of the money goes ...
Tags: Minnesota, mineral revenues, mining, company news
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Honda Cars India Nltdearly Four Fold Increase in Total Sales at 4,242 Units for December
Jan 7, 2013PTI reported that Honda Cars India nLtdearly four fold increase in total sales at 4,242 units for December 2012 against 1,072 units in the same month previous year. According to a company statement, the company has sold 1,442 units of ...
Tags: Honda Cars, total sales, car, car industry
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Harsco Corporation Announced a New Multi Year Contract Valued at More Than USD 225 Million
Jan 7, 2013Diversified global industrial company Harsco Corporation announced a new multi year contract valued at more than USD 225 million for onsite services to JSW Steel. Harsco will provide resource recovery and slag management services at ...
Tags: Harsco Corporation, onsite services, steel, stee market
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Taiwan's Walsin Lihwa Has Completed Construction of Annual Production and Pickling Plant
Jan 7, 2013Reportedly, Taiwan’s Walsin Lihwa has announced that the company has completed construction of its annual production by 350,000~400,000 tons of stainless strip annealing and pickling plant in Taichung in central Taiwan. Meanwhile, the ...
Tags: Taiwan, Walsin Lihwa, nnual production, stainless strip
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Millennium Minerals Has Demonstrated Ability of The Process Plant
Jan 7, 2013Millennium Minerals has demonstrated the ability of the process plant at its Nullagine Gold Project in the East Pilbara to run at sustained rates of 220 tonnes per hour, 30 tonnes above design. Importantly, the performance supports the ...
Tags: Millennium Minerals, process plant, Nullagine Gold Project, mining
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US Car Maker Ford Has Registered a 42.2% Growth in Its Total Sales in December 2012
Jan 7, 2013PTI reported that US car maker Ford has registered a 42.2% growth in its total sales in December 2012 to 10,899 units from 7,663 units in the same month of 2011. A company statement said that in the domestic market, it sold 6,517 units ...
Tags: Ford, car, sales, car industry
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Posco and CSC Will Purchase a 15% Stake in Arcelormittal by US$ 1.1 Billion
Jan 7, 2013According to report, South Korea’s Posco and Taiwan’s China Steel Corp (CSC) said they will purchase a 15% stake in Canadian iron ore and pellet producer owned by ArcelorMittal by US$ 1.1 billion. It is joint venture with ...
Tags: South Korea, Posco, Taiwan, CSC, iron ore, ArcelorMittal
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