Novelis Sees Increased Use of Aluminum Sheet in Automobiles

Novelis Inc., the world’s leading producer of aluminum sheet for automobiles, has seen an increase of more than 20 percent in the number of automotive applications of its lightweight material compared to a year ago. About 90 models of cars and light trucks today use Novelis aluminum sheet for a... Read more..

Tag: derek prichett novelis inc, gold uses in automobiles, aluminum use in automobiles, derek prichett novelis, aluminum sheet producers

Ameron International Appoints Richard Mueller President of Water Transmission Group

Ameron International Corporation announced the appointment of Richard I. Mueller as Group President of the Water Transmission Group effective January 19, 2009. In his new position, Mueller will report to Gary Wagner, Ameron’s President and Chief Operating Officer. Mueller had been Senior Vice President... Read more..

Alcoa and ORKLA ASA Agree to Exchange Equity Stakes

Alcoa announced it has agreed with ORKLA ASA to exchange their stakes in a Norwegian smelting partnership and a Swedish extrusion joint venture in order to focus on their respective areas of expertise and best practices. Alcoa will receive Orkla’s 50 percent stake in Elkem Aluminum ANS while Orkla... Read more..

Aleris Announces the Closing of Its Tipton, Indiana Specification Alloys Facility

Aleris International, Inc. announced today that it will be permanently closing its Tipton, Indiana specification alloys facility, effective today. As previously announced, production at this facility was idled on March 30, 2008. Prior to idling production, the facility employed approximately 55 people.... Read more..

BE Group AB: Be Group Implements Savings Programme to Meet Rapidly Falling Demand

On account of reduced demand and uncertain market prospects, BE Group is implementing a cost saving programme. The aim is to reduce total annual costs by approximately SEK 100 million over a two-year period. The number of employees is expected to be reduced by around 120 and the reduction will be implemented... Read more..

Aleris Announces Reduction at Roxboro Coil Coating Facility

Aleris International, Inc. announced today that it will be idling one of the coil coating lines at its Roxboro, North Carolina facility effective December 1, 2008. The Roxboro coil coating facility supplies coated aluminum coil for building and construction, transportation, distribution and consumer... Read more..

Tag: aleris roxboro, aleris news, aleris roxboro nc

RiverRun Resources Contracts Peruvian Services Company

RiverRun Resources Inc. announces the execution of a services contract with Logistica y Servicios Aluviales San Lorenzo SAC to develop the company’s 79 km2 of mining properties in the Gold Sands district of northeastern Peru. The company has the option to acquire up to 100% of the mineral rights... Read more..

Tag: mine sevice company, peruvian gold sands

Agnico-Eagle hosts analyst and investor tour at Kittila gold mine in northern Finland

Agnico-Eagle Mines Limited announced that it is conducting a tour for analysts and investors of its new Kittila gold mine and facilities in northern Finland on November 18, 2008. Construction commenced at the 100% owned Kittila mine project in northern Finland in the second quarter of 2006. Kittila has... Read more..

Aleris Announces Idling of Its Richmond, Virginia Rolling Mill Facility

Aleris International, Inc. announced that it will be fully idling production at its Richmond, Virginia rolling mill due to the continuing downturn in the North American building and construction industry. Earlier this year, Aleris announced that it idled all production for third parties at the Richmond... Read more..

Maya Gold & Silver Inc.: Guy Goulet Nomination as President

Maya Gold & Silver Inc. announce Guy Goulet nomination as President of the company. In 1986, Guy Goulet graduated with an engineering degree in geology from l’Ecole Polytechnique de Montreal. Mr. Goulet has sat on several boards of directors for both public and private companies over the past... Read more..

Tag: silver mining companies