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..
Nucor Corporation announced that it plans to install a plate heat treating facility at its plate mill in Hertford County, North Carolina. The heat treat line will have an estimated annual capacity of 120,000 tons and will have the ability to produce heat treated plate from 3/16″ through 2″... Read more..
Alcoa announced that its Alcoa Electrical and Electronic Systems (AEES) business has initiated a restructuring of its Honduran and Mexican operations serving the North American auto market as a result of continued market softness. In total, the workforce reduction across the Honduran and Mexican operations... Read more..
Coeur d’Alene Mines Corporation announced the promotions and appointments of key personnel in both its North and South American operations groups. This enhanced management structure is designed to provide each operation with additional oversight, experience, and resources in order to meet the Company’s... 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..
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..
Pacific North West Capital Corp. announce that the Company has entered into an Option Agreement with Kinbauri Gold Corp. whereby PFN may earn a 60% interest in Kinbauri’s Fiedmont Property subject to a 2% NSR held by the original vendors; the vendor’s NSR is subject to a one percent, $900,000... Read more..
ROMARCO MINERALS INC. announce assay results from five more exploration holes at the Haile Gold Mine in South Carolina. All these holes were designed to continue the expansion of the mineralized zone encountered in previously released drill holes at the north resource area. Continuing development drilling... Read more..
Wallbridge Mining Company Limited announced that Wallbridge and its joint venture partner major platinum producer Lonmin Plc, have approved C$1.5 million of funding to carry out the 2009 work program on the Wallbridge/Lonmin Sudbury Camp Joint Venture (”SCJV”) properties. The funding provides... Read more..