Impala Platinum’s Zimbabwe subsidiary has implemented a complete shutdown of its flagship Bimha platinum mine due to further deterioration in ground conditions.
Wed, 20 Aug 2014 03:53:56 -0600 Source: Mineweb
The U.S. Treasury yield curve flattened on Wednesday, with minutes from the latest Fed meeting in focus.
Wed, 20 Aug 2014 03:28:00 -0600 Source: CNBC.com | Stock Market Headlines
Wall Street was seen opening lower on Wednesday, with minutes from the latest Federal Open Market Committee meeting in focus.
Wed, 20 Aug 2014 03:11:00 -0600 Source: CNBC.com | Stock Market Headlines
European shares were lower in morning trade with investors focusing on central bank monetary policy ahead of the Jackson Hole symposium later this week.
Wed, 20 Aug 2014 03:02:00 -0600 Source: CNBC.com | Stock Market Headlines
BHP Billiton believes prospective partners for its proposed Jansen potash mine may be deterred by current market conditions.
Wed, 20 Aug 2014 02:40:44 -0600 Source: Mineweb
Mexico’s Environmental Secretary has estimated that the fine for the Buenavista copper mine spill could reach $3 million.
Wed, 20 Aug 2014 02:30:19 -0600 Source: Mineweb
“First Quantum has demonstrated that it knows how to grow, and that is what the company is still doing.” - Motley Fool’s Benjamin Sinclair.
Wed, 20 Aug 2014 02:23:02 -0600 Source: Mineweb
Gem Diamonds sold more diamonds at higher prices in the first half of the year and expects pricing to remain strong in the second.
Wed, 20 Aug 2014 02:18:45 -0600 Source: Mineweb
The silver miner posted a 4% rise in first-half adjusted core earnings, helped by its aggressive cost-cutting programme.
Wed, 20 Aug 2014 02:14:15 -0600 Source: Mineweb
The move makes the commodity trader the first among the diversified miners to return extra cash to shareholders this year.
Wed, 20 Aug 2014 02:06:29 -0600 Source: Mineweb
Diego Hernandez joined the company in 2012 and was formerly chief executive of the group's mining division.
Wed, 20 Aug 2014 01:50:24 -0600 Source: Mineweb
The iron ore miner reported Wednesday its net profit for the year ending June 30, 2014 rose 57% to $2.7 billion.
Wed, 20 Aug 2014 01:48:26 -0600 Source: Mineweb
Quarry operators need to understand the importance of quality and regular inspections in managing the whole of life cost of Ground Engaging Tools. More... The pos...
Wed, 20 Aug 2014 01:16:03 -0600 Source: ferret - Metal-working
Sullair Australia announces the re-launch of its premium range of Champion compressors. More... The post Sullair re-launches Champion brand compressors originally...
Wed, 20 Aug 2014 01:16:13 -0600 Source: ferret - Metal-working
?EFOY Pro 2400 Fuel Cells have been successful in providing continuous power to remotely located research equipment. More... The post EFOY Pro 2400 from Powerbox ...
Wed, 20 Aug 2014 01:15:43 -0600 Source: ferret - Metal-working
?An EFOY Pro 2400 Duo battery back-up system for the Haast Pass Radio System is now supplying back-up power to the repeaters in the Southern Alps of NZ More... Th...
Wed, 20 Aug 2014 01:15:53 -0600 Source: ferret - Metal-working
Zimbabwe-based platinum producer Zimplats has warned of a possible 70 000 oz drop in 2015 financial year production, after deciding to cease all mining activities at its Bimha mine with immediate effect. This decision was taken to ensure the safety of its employees.
Wed, 20 Aug 2014 00:53:00 -0600 Source: Miningweekly
Mineral sands miner Mineral Deposits Limited (MDL) has suspended operations at its Grande Côte mine, in Senegal, following the failure of successive impellors within the main dredge pump.The miner said on Wednesday that the operation would remain suspended until a site investigation early next we...
Wed, 20 Aug 2014 00:36:00 -0600 Source: Miningweekly
The National Union of Mineworkers (NUM) has vowed to fight retrenchments at Petra Diamonds' Helam mine in North West, the union said on Tuesday. "We will fight tooth and nail to make sure that these retrenchments do not happen," chief negotiator Lekhotla Mabea said.
Wed, 20 Aug 2014 00:06:00 -0600 Source: Miningweekly
Ross Walker, senior U.K. economist at Royal Bank of Scotland, Geoffrey Yu, FX strategist at UBS, and Richard Kelly, head of European rates at TD Securities, discuss what to expect from the Bank of England's minutes.
Tue, 19 Aug 2014 23:30:00 -0600 Source: CNBC.com | Interest Rates
South Africa-focused Resource Generation (Resgen) has secured a loan facility of up to $113-million for the mobile equipment fleet with Komatsu Financial, for its Boikarabelo coal project, in the Waterberg.“This agreement represents several important elements for the project. It not only secures...
Tue, 19 Aug 2014 22:58:00 -0600 Source: Miningweekly
Junior gold developer Bassari Resources has identified potential cost reductions in capital and operating expenditure at its Makabingui gold project, in Senegal.The company reported on Wednesday that it had identified significant improvements to the project’s process flow sheet, and had earmarked...
Tue, 19 Aug 2014 22:56:00 -0600 Source: Miningweekly
Industry players, analysts and government officials came together in São Paulo on August 12-13 at the 25th local steel congress to discuss the opportunities and challenges faced by the steel industry in Brazil.
Tue, 19 Aug 2014 22:51:05 -0600 Source: bnamericas.com: Metals
U.S. Steel has announced that it has idled its McKeesport Tubular Operations in McKeesport, Pa., for an indefinite period of time. The plant produced ERW standard line pipe.The plant closing affects 160...
Tue, 19 Aug 2014 22:06:03 -0600 Source: Metals/Materials Tech Cell
Solid waste consulting group Gershman, Brickner & Bratton Inc. (GBB), Fairfax, Virginia, has announced that Terry Schweitzer has joined the company as a vice president. Schweitzer has more than 19 years of experience in the solid waste management industry, including work with major private sector...
Tue, 19 Aug 2014 22:00:00 -0600 Source: Recycling Today
Novelis, an Atlanta-based aluminum rolling and recycling firm, has expanded the secondary smelting capacity and commissioned a new coating line for beverage can end stock at its Pindamonhangaba (SP), Brazil complex. The company has invested about $106 million in the combined projects. Novelis say...
Tue, 19 Aug 2014 22:00:00 -0600 Source: Recycling Today
Price has moved slightly lower, remaining above the invalidation point which is very close by. I have just the one hourly Elliott wave count for you today. The alternate Elliott wave counts still have a lower probability. Read More...
Tue, 19 Aug 2014 21:58:22 -0600 Source: Safehaven
The Motoman Robotics Division of Yaskawa America Inc. (Yaskawa Motoman), Miamisburg, Ohio, marks its 25th year in business this month. The company, previously known as Motoman Inc., was formally incorporated on July 18, 1989 as a 50/50 joint venture between Hobart Brothers Co. and Yaskawa Electri...
Tue, 19 Aug 2014 19:41:08 -0600 Source: thefabricator.com
Latrobe, Pa.-based Kennametal Inc. has announced that Chairman, President and CEO Carlos Cardoso has decided to retire from the company effective Dec. 31, 2014.Cardoso has served as president and CEO since January 2006 and was elected chairman two years later. He joined the company in April...
Tue, 19 Aug 2014 19:40:08 -0600 Source: thefabricator.com
Metal Seal Precision Ltd., a manufacturer of precision metal components and subassemblies, has resumed production following a fire that destroyed a portion of its Mentor, Ohio, plant on July 25, 2014. The fire, which destroyed about one-third of the plant, caused more than $50 million in damage....
Tue, 19 Aug 2014 19:40:18 -0600 Source: thefabricator.com
Nasmyth Group, a worldwide supplier of precision engineering products and services in Coventry, U.K., has acquired the business and assets of California-based Technical Metal Finishing Inc. (TMF) to create Nasmyth TMF. TMF is a supplier of metal surface finishing, including precision masking,...
Tue, 19 Aug 2014 19:40:28 -0600 Source: thefabricator.com
The Robotic Industries Association, Ann Arbor, Mich., will present a webinar on Aug. 28 from 12:00 to 1:00 p.m. EDT. It will describe intermediate techniques in assembling products with robots.Efficiency concepts such as sequential, parallel, and combinatorial assembly will be described. The...
Tue, 19 Aug 2014 19:40:48 -0600 Source: thefabricator.com
On Oct. 3, 2014, manufacturers around the nation will open their doors to the public and host events highlighting the importance of manufacturing to people's everyday lives. Recognizing the importance of the grassroots initiative known as Manufacturing Day, Shell Lubricants stepped up its...
Tue, 19 Aug 2014 19:40:58 -0600 Source: thefabricator.com
The Association of Steel Distributors (ASD), Chicago, with the support of member Keith Busse, chairman of the board at Steel Dynamics, is offering scholarships of up to $2,000 for children of ASD member employees who have been accepted to a two- or four-year college, graduate program, or vocation...
Tue, 19 Aug 2014 19:39:28 -0600 Source: thefabricator.com
Mills Products, Brentwood, Tenn., a metal forming company providing hydroformed, roll formed, and tube stamped parts for the automotive and appliance industries, has appointed David Brinker its R&D manager.Before joining the company, Brinker worked for more than 25 years in the R&D model shop for...
Tue, 19 Aug 2014 19:39:38 -0600 Source: thefabricator.com
Clark Metal Products, Blairsville, Pa., was a finalist in the Community Impact category of the 2014 Governor’s ImPAct Awards. The company was recognized for its sustained commitment to growth and development of its employees and the communities in which it does business. Governor Tom Corbett,...
Tue, 19 Aug 2014 19:39:48 -0600 Source: thefabricator.com
Evana Automation Specialists, a systems integrator and builder of custom, automated assembly and test systems in Evansville, Ind., has shipped two multistation lean manufacturing systems to a Tier 1 automotive supplier of electronic components that will assemble and test next-generation lane...
Tue, 19 Aug 2014 19:39:58 -0600 Source: thefabricator.com
Asian stocks opened mixed on Wednesday.
Tue, 19 Aug 2014 19:11:00 -0600 Source: CNBC.com | Stock Market Headlines
The dollar held firm near 11-month high after strong U.S. housing data added to hopes of a firming recovery in the world's biggest economy.
Tue, 19 Aug 2014 19:04:00 -0600 Source: CNBC.com | Stock Market Headlines
Gold was stuck firmly below $1,300 as strong U.S. economic data bolstered stock markets, dimming bullion's appeal as a safe haven.
Tue, 19 Aug 2014 18:52:00 -0600 Source: CNBC.com | Stock Market Headlines
U.S. crude oil futures rose closer to $95 on a deeper than expected petroleum stock fall and increased tensions in the Middle East.
Tue, 19 Aug 2014 18:37:00 -0600 Source: CNBC.com | Stock Market Headlines
The new Rosemount Analytical 6888 enhancements are helping to decrease maintenance requirements and improve measurement accuracy. More... The post Emerson enhance...
Tue, 19 Aug 2014 18:06:04 -0600 Source: ferret - Metal-working
CrispTech presents a new range of LED panel lights from Lumigen LED designed as a highly versatile lighting solution. More... The post Lumigen?s new 3-in-1 LED pa...
Tue, 19 Aug 2014 18:05:54 -0600 Source: ferret - Metal-working
Indodrill and the Mulraney Group JV is pleased to announce that it has officially opened its EMEA Headquarters in Alloa, Scotland.
Tue, 19 Aug 2014 18:00:00 -0600 Source: 1888 Press Release.com - Mining & Metals
With the Fed hinting at an interest rate increase sometime in 2015, the financial markets have tended to be jittery before any new Fed-related information comes to light. As noted by The Wall Street Journal, this week is more than Jackson Hole ... Read More...
Tue, 19 Aug 2014 17:59:41 -0600 Source: Safehaven
UK Advertising Standards Authority Decision Supports Open Discussion Of Coal's Vital Role In Alleviating Energy Poverty
ST. LOUIS, Aug. 19, 2014 /PRNewswire/ -- Peabody Energy (NYSE:BTU) today applauded the London-based Advertising Standards Authority (ASA), which rejected false advertising claims by WWF aimed at stopping candid discussion about coal's vital role in alleviating energy poverty,...
Tue, 19 Aug 2014 17:17:00 -0600 Source: PR Newswire: Mining/Metals
The new mine hoist together with the modernization of the mine’s other seven existing hoists will ensure high and safe production for another 20 years.
Tue, 19 Aug 2014 16:18:55 -0600 Source: Mineweb
MONTRÉAL, Aug. 19, 2014 /CNW/ - Lloyd I. Miller, III, the Manager of Milfam II L.P. ("M2"), acquired on August 19, 2014, pursuant to a subscription agreement in connection with a private placement offering by Avnel Gold Mining Limited ("AVNEL") (TSX-AVK), ownership of 1,800,000...
Tue, 19 Aug 2014 15:45:00 -0600 Source: PR Newswire: Mining/Metals
Globe Specialty Metals Schedules Fourth Quarter Fiscal 2014 Earnings Investor Call for August 27, 2014
MIAMI, Aug. 19, 2014 (GLOBE NEWSWIRE) -- Globe Specialty Metals, Inc. (Nasdaq:GSM) ("GSM") announced today that it will discuss fourth quarter fiscal 2014 financial results and GSM's business outlook on Wednesday, August 27, 2014. GSM invites all interested persons to participate o...
Tue, 19 Aug 2014 15:00:00 -0600 Source: Metals News via PrimeZone
VANCOUVER, Aug. 19, 2014 /CNW/ - Equitas Resources Corp. ("Equitas" or the "Company") (TSX-V: EQT Frankfurt: T6U1) announces that it has mailed out the Information Circular with respect to its special meeting of shareholders scheduled for September 15, 2014 (the "Meeting"). As part...
Tue, 19 Aug 2014 14:28:00 -0600 Source: PR Newswire: Mining/Metals