CityView Corporation Limited announces that Canzar Resources Limited, the Operator of the Nhefo and Luachisse diamond concessions in Angola, has engaged International Progress & Design of South Africa to supply Dense Medium Separator (DMS) mobile plants for installation at Nhefo. The combined plants... Read more..
Schnitzer Steel Industries Inc. announced that it has acquired Ponce Resources Inc., of Salinas, Puerto Rico. Ponce is engaged in the business of collecting, processing, and selling ferrous and nonferrous scrap metal and operates at four locations in the Commonwealth of Puerto Rico. Commenting on the... Read more..
In 2009, investors can look forward to a worthless dollar, according to Kevin DeMeritt, president of Lear Capital. The Fed is going to print more and more money while spending trillions on stimulus packages. Interest rates are at their lowest in history. This will all add up to a worthless dollar with... Read more..
General Steel Holdings, Inc., one of China’s leading non-state-owned producers of steel products and aggregator of domestic steel companies, today announced the opening of its Longmen joint venture subsidiary branch office in Chengdu, Sichuan. The Chengdu Longmen branch will primarily be focused... Read more..
High Desert Gold Corporation announced a substantial issuer bid (the “Offer”), pursuant to which the Company will offer to purchase for cancellation a maximum of 36,000,000 common shares of the Company (”HDG Shares”) (approximately 87.7% of the currently issued and outstanding... Read more..
ArcelorMittal is today meeting with its European Works Council to present voluntary separation programmes to be launched across the group. This is to help achieve the company’s stated aim of reducing SG&A (Selling, General and Administrative) expenditure by US$1 billion in response to the current... Read more..
Etruscan Resources Inc. announced that it has outlined a large number of rare earth element enriched carbonatite dykes associated with an alkaline intrusive complex on its Lofdal permit in northern Namibia. Analytical results from 242 outcrop samples and six drill holes indicate that both light rare... Read more..
North American Palladium Ltd. announced that due to declining metal prices it will temporarily place its Lac des Iles Mine (LDI) in Thunder Bay, Ontario on a care and maintenance basis effective October 29, 2008. The closure will result in the layoff of approximately 350 employees. Details for a conference... Read more..
China Precision Steel, a niche precision steel processing Company principally engaged in producing and selling high precision, cold-rolled steel products, today announced that its market share is expanding as the Company is receiving increased orders from manufacturers in China and Africa. “We... Read more..
North American Galvanizing & Coatings, Inc. (NasdaqGM:NGA – News) announced today earnings for the first nine months and the third quarter of 2008. All per share data are reported on a fully-diluted basis and have been adjusted to reflect the effect of the September 14, 2008 four-for-three... Read more..