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 financial advisor to Summerville Steel.
About McGladrey Capital Markets
McGladrey Capital Markets LLC (www.mcgladreycm.com) is a global provider of investment [...]

Quintiq, a leading provider of advanced planning and scheduling (APS) solutions, announced that it has won a contract from the Novelis Rogerstone aluminum rolling mill in the United Kingdom to provide a supply chain scheduling solution for the plant’s cold bay. This agreement follows the successful implementation in 2001 of a Quintiq Scheduling (APS) solution [...]

Aurora Gold Corporation, a mineral exploration company focusing on exploration and development in the Tapajos Gold Province, State of Pará, Brazil, is pleased to announce that the ground geophysics program on the São João Joint Venture project is nearing completion.
Aurora Gold and their Joint Venture partner, Samba Minerals Limited (”Samba”), have commenced approximately 19 kilometres [...]

In an effort to access high growth markets in China and India, PTC Alliance is opening an office in South Asia. Additionally, a dedicated organization will be in place to serve and support current customers and their global growth. The new office will be located in Chennai (Madras), India. This newly created organization will be [...]

Colombia Goldfields Ltd. provided an update on its ongoing 60,000 meter resource definition drill program in the Zona Alta (Upper Zone) at the Marmato Mountain gold project in Colombia. Highlights include:
- New results based on 8,396 meters in 34 diamond drill holes;
- Intercepts [...]

Uranium Bay Resources Inc. update shareholders on the current results of the summer drilling programe on its wholly owned 314 km2 Uskawanis Uranium Property (”UUP”) situated SE of Hydro-Quebec’s Opinaca Hydroelectric Reservoir along the Eastmain River, 180 km SE of Radisson, Quebec.
UBR’s stated goal at UUP is to prospect for low-grade/high-tonnage uranium mineralization, similar to [...]

Future Steel Vehicle (FSV) Programme has produced early styling sketches based on the packaging studies initiated in the Phase I research, which are released today by WorldAutoSteel member companies.
FSV’s technical team, which includes EDAG, Quantum Technologies, Inc., SFCV/Tongji and WorldAutoSteel material experts, is considering four technical specification options for the proposed year 2015-2020 vehicle: electric [...]

Siemens AG has just published a report saying that it plans to sue two former CEOs and nine other ex-executives for alleged supervisory failings in a corruption scandal that has cost the company millions in fines and damaged its reputation.
Siemens’ supervisory board decided to seek damages from former chief executive Heinrich von Pierer and his [...]

Vista Gold Corp told the press that the company will provide an update on activities underway at its Mt. Todd Project in the Northern Territory, Australia. The Company is currently conducting technical programs that management expects will lead to the completion of a preliminary feasibility study by the end of the year.
Part of this year’s [...]

ArcelorMittal and Primex (Germany) have reached an agreement whereby ArcelorMittal Stainless International is acquiring the 35% stake in Uginox Sanayi ve Ticaret Limited Sirketi (“Uginox”) which was owned by Primex.
Uginox was formed in 1997 as a 65/35 joint venture between Arcelor and Primex. Uginox operates a coil processing and service centre in Gebze, close to [...]