Kalimantan Gold Corporation Limited announce the initial resource statement for only one of five main veins identified at the Company’s 100%-owned Jelai gold project in East Kalimantan, Indonesia. The Mewet Vein resource block is based on 23 drill holes and is contained within a 250 metre section... Read more..
Böhler Uddeholm AG has acquired Kent, Wash.-based Summerville Steel Company, a privately-held distributor of specialty steel products. Transaction terms were not disclosed. McGladrey Capital Markets LLC (www.mcgladreycm.com) initiated the transaction, led the negotiations and acted as the exclusive... 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..
Tube City IMS, LLC, a service provider to steel mills and foundries throughout the world, today announced that it has opened its first representative trading office in Ho Chi Minh City, Vietnam. J. David Aronson, President – Raw Materials and Optimization Group, said Vietnam is an increasingly... Read more..
Ventura Gold Corp. has completed a third round of core drilling on the Angela vein at the Inmaculada project in Southern Peru and continues to realize positive results in vein width, continuity and grade. The Angela vein has now been confirmed along a strike length of more than 800 meters (”m”),... Read more..
New Asia Gold Corp wishes to confirm that there is good access to the Kampur Project in Indonesia that will allow its drilling program to go ahead. Equipment will be moved into the area by large barges on the Sebuku River and on site using logging roads. The property has existing proven reserves of 330,000... Read more..
New Asia Gold Corp wishes to announce that all protocols and security are being reviewed and updated as necessary to the related handling of core samples and data to make sure that no test data is compromised in any fashion whatsoever. Previously all diamond drill core was logged and the all core was... Read more..
Newmont Mining Corp. one of the world’s largest unhedged gold producers, reported that Gold prices are skyrocketing due to higher demand, U.S. trade/budget/currency issues and global instability. Declining grades are pushing up mining costs prompting the company to cut costs. We set a target of... Read more..
La Mancha Resources Inc. is pleased to report that preliminary drill results for the first of five locations where volcanogenic massive sulphides (VMS) have been identified at its Hassai property indicate a minimum conceptual deposit of 20 million tonnes of VMS at 1.3 – 1.5 g Au/t and 1.5% –... Read more..
Freeport-McMoRan Copper & Gold Inc., which produces copper, gold and molybdenum is reported to have reported a 14 percent drop in second-quarter income on lower copper and gold sales and one-time charges. The Phoenix-based company, the world’s largest publicly traded copper producer, said it... Read more..