Searchlight Minerals Corp. Receives Certificate of Occupancy for Electrowinning Building at Clarkdale Slag Project

Searchlight Minerals Corp. announce that the Company received a Certificate of Occupancy from the Town of Clarkdale, Arizona, for the electrowinning building at its Clarkdale Slag Project on December 30, 2008. “I would like to compliment our staff, contractors and construction crews on the achievement... Read more..

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Apollo Gold Closes US$15 Million Bridge Financing Facility for the Black Fox Project

Apollo Gold Corporation announce that it has closed a US$15 million bridge financing facility relating to its 100% owned Black Fox Project located near Timmins, Ontario, Canada. Financing In May 2008 Apollo retained Macquarie Bank Ltd. (“Macquarie Bank”) and RMB Resources Inc. (“RMB”) as joint... Read more..

Unico, Inc. Announces a New Photo Gallery Showing Recent Activities at the Deer Trail Mill and Processing Facility Including Production of Concentrate

Unico, Incorporated, a natural resource company in the precious metals mining sector, today announced the addition of a new photo gallery showing recent activities at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah, including the production of concentrate ready for shipment. The... Read more..

Aleris Announces the Closing of Its Tipton, Indiana Specification Alloys Facility

Aleris International, Inc. announced today that it will be permanently closing its Tipton, Indiana specification alloys facility, effective today. As previously announced, production at this facility was idled on March 30, 2008. Prior to idling production, the facility employed approximately 55 people.... Read more..

Aleris Announces Reduction at Roxboro Coil Coating Facility

Aleris International, Inc. announced today that it will be idling one of the coil coating lines at its Roxboro, North Carolina facility effective December 1, 2008. The Roxboro coil coating facility supplies coated aluminum coil for building and construction, transportation, distribution and consumer... Read more..

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Aleris Announces Idling of Its Richmond, Virginia Rolling Mill Facility

Aleris International, Inc. announced that it will be fully idling production at its Richmond, Virginia rolling mill due to the continuing downturn in the North American building and construction industry. Earlier this year, Aleris announced that it idled all production for third parties at the Richmond... Read more..

Orezone Closes US$40 Million Debt Facility

Orezone Resources Inc. announce the closing of a US$40 million debt facility with The Standard Bank of South Africa Ltd. This five month facility has a coupon of Libor plus 4% and will allow Orezone to continue construction of the Essakane gold project in Burkina Faso, West Africa while it moves to close... Read more..

RSM Has Received First Shipment of Gold Dore’ From Concentrate Shipped to the Offsite Cyanide Treatment Facility

ROYAL STANDARD MINERALS INC. has received the results of the first shipment of gold dore’ from the latest gold concentrate shipped in early July to the offsite cyanide treatment facility. The offsite facility received and processed 2 tons of concentrate producing 149.01 ounces of gold dore’... Read more..

Firstgold Corp. Arranges US $15.75 Million Secured Loan Facility

Firstgold Corp. is pleased to announce that it has arranged a $US 15.75 million senior secured note facility with two US-based investment funds , which is fundable in five tranches, the first of which closed today for aggregate gross proceeds of $6,742,625. Additional funding under the Loan is subject... Read more..

Nucor Plans to Install a Plate Heat Treating Facility at Its North Carolina Plate Mill

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..