Gerdau Ameristeel, a leading mini-mill steel producer, announced today that it has acquired Metro Recycling, a scrap processor headquartered in Guelph, Ontario. Terms of the transaction were not disclosed. Metro Recycling is a premier central Ontario recycler with three locations, two in Guelph and the other in Mississauga.
“Metro’s operations and experienced leadership team will enhance [...]

Carpathian Gold Inc. provide an update on exploration activities on the Rovina Valley Project (”RVP”) located within its 100% owned Rovina Exploration License in central Romania. The RVP includes three gold-copper porphyry deposits with recent diamond drilling focusing on the Ciresata Porphyry which was discovered earlier this year, and is located approximately four km south [...]

Metanor announce that yesterday morning it sold its first commercial pure gold bar containing 540.69oz at a record price of $1,018CDN/oz. Metanor is presently mining the Barry Open pit and transporting the mill feed to the Bachelor Lake Mill facility which is continuing to operate uninterrupted 7 days/week, 24 hours/day. The Company is unhedged and [...]

At the request of the Ontario Securities Commission, Philex Gold Inc. issues the following clarification with respect to its previous press releases issued since June 14, 2004 regarding declared mineral resources for the Boyongan porphyry Cu/Au Deposit in the Philippines; a joint venture with Anglo American Exploration (Philippines) (”Anglo”).
The 2004 announcement of an Inferred Mineral [...]

Freeport-McMoRan Copper & Gold Inc. declares the following quarterly cash dividends payable on November 1, 2008 to holders of record as of October 15, 2008:
* $0.50 per share of FCX’s Common Stock (NYSE: FCX).
* $1.6875 per share of FCX’s 6¾% Mandatory Convertible Preferred Stock (NYSE: FCXprM).
[...]

Industrial conglomerate Siemens AG has recently told the press that its third-quarter profit fell 31 percent from the same period a year ago, but was buoyed by better orders for power plants.
The company, which makes a wide range of products including trains, light bulbs, medical equipment and power generation turbines, earned 1.42 billion euros ($2.2 [...]

Goldcorp Inc. announced an agreement whereby Goldcorp will acquire, through a friendly plan of arrangement, all outstanding shares of Gold Eagle.
Gold Eagle’s principal asset is the world class Bruce Channel gold discovery which is situated along the prolific Red Lake Trend, adjacent to Goldcorp’s Red Lake gold mine and immediately southwest of Goldcorp’s past-producing Cochenour-Willans [...]

Carpathian Gold Inc. is providing an update on the 2008 drilling activities on its 100% owned Rovina Exploration License in central Romania, which includes the Rovina and Colnic porphyry deposits, located approximately 2.5 km apart and the Ciresata porphyry prospect located approximately 4.5 km south of the Colnic deposit.
At the Rovina Cu-Au Porphyry, two drill [...]