New Licence Granted Over High Grade Zircon Project 2011-09-08

Sep. 7, 2011 - Bulk minerals explorer Sheffield Resources today announced the grant of a key tenement covering its Dampier mineral sands project near Derby in the Kimberley region of Western Australia.Exploration licence E04/2083, is located approximately 60km west of the expanding port of Derby and lies outside the recently proclaimed Kimberley National Heritage Estate listed area.Together with…

Chris Lynch Joins Rio Tinto Boards as NED 2011-09-08

Sep. 7, 2011 - Rio Tinto recently announced that Chris Lynch has joined the boards of Rio Tinto plc and Rio Tinto Ltd. as a non-executive director (NED). Lynch has reportedly had an extensive career in the mining and metals industry, including seven years at BHP Billiton, where he was CFO and then executive director and group president of Carbon Steel Materials. Prior to this, he spent 20 years …

JSL seeks regulation of chrome ore rate in Orissa 2011-09-07

Sep. 6, 2011 - JSL Ltd, which plans to expand its 1 MTPA steel mill at Kalinga Nagar in Orissa, Monday asked the state to regulate the rate of chrome ore by linking it with the market price of the metal.The demand was made because of rising price of chrome ore, JSL Managing Director Ratan Jindal told reporters after meeting Chief Secretary B K Patnaik here. Patnaik told the media that the govern…

AMG business unit celebrates 100 year anniversary 2011-09-07

Amsterdam, Sep. 3, 2011 - AMG Advanced Metallurgical Group N.V., ("AMG", EURONEXT AMSTERDAM: "AMG") announces that GfE Gesellschaft für Elektrometallurgie mbH ("GfE"), part of AMG's Advanced Materials Division, is celebrating its 100 year anniversary in September 2011. GfE is a global producer of specialty alloys for titanium and superalloys, coating materials and vanadium chemicals for th…

Metallica Ups Mineral Sands Exposure 2011-09-07

Sep. 7, 2011 - ASX-Metallica Minerals has just increased its exposure to the booming mineral sands sector, courtesy of Rio Tinto no less. The deal with Rio covers the Stockdale-Glenaladale mineral sands project which covers some 620 square kms of prospective ground out the back of Bairnsdale in Victoria's East Gippsland region.Metallica was as surprised as anyone when it got a cold call from Rio…

NALCO signs 5th Long Term Wage Settlement with employees 2011-09-07

KOLKATA, Sep. 7, 2011 - National Aluminium Company (NALCO) has signed its 5th Long Term Wage Settlement with employees under five of the companies recognized unions.This includes Nalco Mines Mazdoor Sangha (BMS), Bauxite Mines; Nalco Mazdoor Sangha (BMS), Alumina Refinery, Damanjodi; Nalco Employees Sangha (INTUC), Smelter Plant, Angul; Nalco Non-Executive Employees Union (HMS), Captive Pow…

Australia Minerals&Mining Produced Alumina from Kaolin Resource 2011-09-07

Sep. 6, 2011 - Australia Minerals and Mining Group Limited has successfully produced alumina from a sample of the company's 150 million tonne kaolin resources at the Meckering project. A 20 kilogram crude kaolin sample from the project was supplied to a Chinese technology holder for processing, and produced 1.06 kilograms of 99% metallurgical grade alumina and 86 grams of 99.99% high purity alum…

NMDC gains on forward integration initiative 2011-09-06

Sep. 5, 2011 - NMDC made the announcement on Saturday, 3 September 2011.Meanwhile, the BSE Sensex was down 84.18 points, or 0.50%, to 16,737.28.On BSE, 29,000 shares were traded in the counter as against an average daily volume of 37,783 shares in the past one quarter.The stock hit a high of Rs 229.60 and a low of Rs 217.10 so far during the day. The stock had hit a 52-week high of Rs 304.90 on …

Kenmare Resources Seeks to Further Develop Moma Mine 2011-09-06

Sep. 5, 2011 - The Irish-based company Kenmare Resources has announced that technical studies indicate that reserves of heavy sands at the company's untouched titanium deposit at Nataka, in the northern coastal district of Moma, could be mined for 120 years.Currently the company is extracting titanium from its dredge mine at Namalope, also in Moma district. However, the deposit could be exhauste…

Leadership re-shuffle as Timminco digs for profitability 2011-09-06

Sep. 5, 2011 - Canadian silicon metal producer Timminco has promoted its executive management team following the recent resignations of president and chief operating officer, John Fenger, as well as executive vice president, finance and chief financial officer, Rob Dietrich.General counsel and corporate secretary Peter Kalins will take on the additional role of president, reporting to Doug Fastu…

ArcelorMittal to idle German furnace on weak demand 2011-09-06

Sep. 5, 2011 - ArcelorMittal, the world's top steelmaker, will shut down a blast furnace at its plant in Eisenhüttenstadt, Germany, in the next few weeks due to weaker steel demand."Due to the current seasonal slowdown and some regional demand fluctuations in Europe, ArcelorMittal is optimizing production flows and aligning production capacities to seasonal demand," it said is a statement relea…

FLSmidth to acquire Phillips Kiln Services Ltd. 2011-09-05

Sep. 4, 2011 - FLSmidth has signed a share purchase agreement to acquire 100% shareholding in Phillips Kiln Services Ltd., a US-based supplier of kiln services for the cement and minerals industries. Phillips Kiln Services is a well-established international services provider that specialises in the maintenance, reconditioning and repair of kilns and related equipment. Capable of working on all …

Siemens to Supply Twin Ladle Furnace to Chinese Steel Manufacturer 2011-09-05

Sep. 4, 2011 - Siemens VAI Metals Technologies has received an order from Maanshan Iron & Steel Co. Ltd (Masteel) to supply a twin ladle furnace. The secondary metallurgy plant is part of a capacity expansion and is to commence operation in August 2012. Masteel has already operated an almost identically designed ladle furnace from Siemens since 2007.The twin-ladle furnace will have a capacit…

Nalco's Iran smelter and power project on backburner as lenders wary 2011-09-05

Sep. 5, 2011 - State-run giant National Aluminium Company (Nalco) has virtually shelved its plans to set up a 3,00,000 tonne smelter and a power plant in Iran due to financial crunch and the reluctance of lenders in providing money due to the country’s “geo-political situation.” The project was announced in 2007 in which Nalco had planned to ferry bauxite to the proposed project ostensibly fr…

Bosai Minerals Workers Get 7 Percent Salary Increase 2011-09-05

Sep. 2, 2011 - Bauxite company Bosai Minerals Group (Guyana) and workers union NAACIE have agreed on a new Collective Labour Agreement (CLA) which will see employees receiving a 7 percent across-the-board wages and salaries increase and other benefits.A joint statement from the two entities on Friday noted that the Wages and Salaries Agreement will be effective from April 1, 2011 to March 31, 20…