NEWS — Click on text to read news by category: General | Product | People | Worldwide
Caterpillar Expands Hydraulic Excavator Facility in Victoria, Texas
June 21, 2011
Caterpillar Inc. plans to significantly increase its manufacturing capabilities and capacity for hydraulic excavators that will be produced at a facility now under construction in Victoria, Texas. In August of 2010, Caterpillar announced that it would build the excavator plant in…
Plateau Mineral Executes LOI to Acquire the Little Prince Mine in Colorado
June 21, 2011
Plateau Mineral Development, Inc. has executed a Letter of Intent to fully acquire the Little Prince Mine Property from Homestead Colorado Gold Corp., a subsidiary of Homestead Gold and Silver Corp. The acquisition, which is anticipated to close within 30 days,…
Capstone Completes Acquisition of Far West Mining and Transactions With Korea Resources Corporation
June 21, 2011
Capstone Mining Corp. has completed the arrangement with Far West Mining Ltd. pursuant to which Capstone has acquired all of the issued and outstanding common shares of Far West. Far West is now held through a newly-formed subsidiary of Capstone, owned…
Silver Predator Options Illinois Creek Silver-Gold Property in Alaska
June 21, 2011
Silver Predator Corp. has signed an option to acquire a 100 percent-interest in 125 State of Alaska mining claims comprising the Illinois Creek silver-gold district located in west-central Alaska. The past-producing Illinois Creek Mine lies in the southern Kaiyuh Mountains in…
Fortuna’s San Jose Mine on Schedule for Production in August 2011
June 21, 2011
Fortuna Silver Mines Inc. has provided an update on construction activities at its San Jose silver-gold Project in Oaxaca, Mexico. Construction activities to date are on-time and on-budget with the commissioning of the San Jose mine scheduled for August of 2011.…
DuPont Titanium Tech Increase Price for Ti-Pure® Titanium Dioxide Products Sold in N. America
June 21, 2011
Effective July 1, DuPont Titanium Technologies will increase the price for all DuPont™ TiPure® titanium dioxide (TiO2) grades sold in North America (United States and Canada) to 25 cents per pound (USD), or as permitted by contract. DuPont Titanium Technologies is…
Westmoreland’s Absaloka Mine in Montana Reaches New Four-Year Labor Agreement
June 21, 2011
Westmoreland Coal Company reported a new collective bargaining agreement has been reached with the represented employees at Westmoreland Resources Inc.’s Absaloka Mine in Montana. The new agreement with the International Union of Operating Engineers Local 400 is effective retroactive to June…
Alliance Resource Partners: Penn Ridge Has No Intention to Mine Underneath Historic Site in Pa.
June 21, 2011
Alliance Resource Partners, L.P., confirmed its wholly-owned subsidiary Penn Ridge, LLC, has no intention to longwall mine under any part of a property identified as an endangered site by the National Trust for Historic Preservation. During a news conference, Mr. Walter…
Carpenter Technology to Acquire Latrobe Specialty Metals for $558 Million
June 21, 2011
Carpenter Technology Corporation and Latrobe Specialty Metals, Inc. have entered into a definitive merger agreement whereby Carpenter will acquire Latrobe in a transaction valued at approximately $558 million. In the transaction, 8.1 million shares of Carpenter stock, subject to certain adjustments…
Kennametal Recognized Among Healthiest Places to Work in Western Pennsylvania
June 21, 2011
Kennametal Inc. has been recognized by the Pittsburgh Business Times as one of the 2011 Healthiest Employers in Western Pennsylvania. Among eighteen finalists in the region, Kennametal was chosen for achieving excellence in innovative health and wellness programs for its employees.…
