Latin American Minerals Inc. reports that mechanical trenching across the Discovery Zone on the Paso Yobai Gold Trend in Paraguay has exposed the gold-bearing zone in all trenches, locally containing coarse visible gold. The Paso Yobai Gold Trend hosting the Discovery Zone has been traced by airborne... Read more..
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..
Zincore Metals Inc. has identified a promising gold target on its Piren property in Chile during its early stage exploration programs in Chile and Mexico. These programs build on Zincore’s exploration activities in Peru and are an emerging part of the Company’s strategy to build a quality... Read more..
Minera Andes Inc has recently reported that the company is to welcome Richard P. Clark, president and CEO of Red Back Mining Inc, a Lundin Group company, of Vancouver, B.C.,and he has joined the board of directors of Minera Andes Inc. His appointment represents an expansion of the board to seven members. “It... Read more..
Cognex Corporation announced that China Steel Corporation, a Taiwan-based manufacturer of integrated steel products, has placed an order for seven Cognex SmartView® surface inspection systems. This multi-million dollar sale represents the largest single order that Cognex’s Surface Inspection Systems... Read more..
As part of the strategic focus developed under its Plan to Win program, Metaldyne Corporation, an Asahi Tec company, today announced it will seek to divest its Middleville, Mich., and Niles, Ill., facilities. The decision is the result of a comprehensive product review conducted as part of the Plan to... Read more..
Mirabela Nickel Limited is pleased to announce it has entered into a 5 year offtake agreement with Votorantim Metais Niquel S.A., a subsidiary of the Votorantim group. Votorantim Metais will purchase 50% of the nickel concentrate produced at Santa Rita until the end of 2014. The concentrate will be... Read more..
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..
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..
Shoreham Resources Ltd., a Canadian based exploration company dedicated to the exploration of advanced precious metal and polymetallic deposits in South America and Canada, is pleased to announce that the company has signed a Letter of Intent (”LOI”) with Mulgravian Ventures Corporation (a... Read more..