Buffalo Gold Receives Resource Estimate for Furtei Mine

Brian McEwen, President and CEO of Buffalo Gold Ltd. announce the first NI 43-101 compliant resource estimate at the Furtei gold mine in Sardinia, Italy. The resource estimate includes Measured and Indicated sulphide resources of 425,800 ounces gold, including 5.73 million tonnes at 2.3 g/t gold, 0.24%... Read more..

Timken Bearing Reconditioning Services Winning Customers in China

The Timken Company announced that its industrial bearing services continue to grow in Asia. Timken Industrial Services’ latest customer in the region is Baosteel, China’s largest iron and steel manufacturer. Baosteel first commissioned Timken to repair and recondition bearings on a cold rolling temper... Read more..

Harsco Receives $60 Million Contract for On-site Environmental Services to Steel Plant

Worldwide industrial services company Harsco Corporation (NYSE:HSC) announced that its worldwide mill services division has been awarded a new ten-year contract valued at more than $60 million over its duration to provide on-site environmental services to ArcelorMittal’s massive Dunkirk steel works... Read more..

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Alcan Packaging to acquire cosmetic tubes facility in Russia

Alcan Packaging, part of Rio Tinto Alcan, announced that its Global Beauty division has signed a Share Purchase Agreement to acquire the Tubapak cosmetic tubes manufacturing facility in Russia. “This acquisition illustrates our growth strategy”, said Ilene S. Gordon, president and CEO, Alcan... Read more..

ArcelorMittal Takes Full Control of Its Stainless Service Centre in Turkey and Will Gradually Double Its Operations

ArcelorMittal and Primex (Germany) have reached an agreement whereby ArcelorMittal Stainless International is acquiring the 35% stake in Uginox Sanayi ve Ticaret Limited Sirketi (“Uginox”) which was owned by Primex. Uginox was formed in 1997 as a 65/35 joint venture between Arcelor and Primex. Uginox... Read more..

ArcelorMittal Enhances Its Distribution Activities in United Arab Emirates

ArcelorMittal, the world’s largest integrated metals and mining company, announces that it intends to acquire 60% of the entire issued share capital of DSTC FZCO, a newly incorporated company located in the Dubai free zone. Together with DSTC FZCO, ArcelorMittal is widening its offering in the Middle... Read more..