Metal News Archives

Hagel to replace Larsson later this year William D. Larsson is retiring from Precision Castparts Corp, where he has been senior vice president and chief financial officer.

MUMBAI, India & TUCSON, Ariz. - Sterlite Industries Limited , a subsidiary of Vedanta Resources plc, the London-based FTSE 100 metal and mining group, and ASARCO LLC , a Tucson based mining, smelting and ...

Even with shorter life expectancies, the lifetime medical costs for obese people are greater than costs for non-obese individuals, U.S. researchers said.

Teck Cominco Ltd ., the world's second- largest zinc producer, said lead output at a mine in British Columbia won't be affected by a spill that temporarily shut a refinery at the site yesterday.

Washington state officials are monitoring a major acid spill into the Columbia River from the massive Teck Cominco lead and zinc smelter just across the border in Trail, British Columbia.

Broadwind Energy, Inc. announced Wednesday that its wholly-owned subsidiary, Tower Tech Systems, will expand its wind tower manufacturing operations to Sioux Falls, S.D. and Abilene, Texas.

CALGARY, May 28 /CNW/ - The Westaim Corporation today updated shareholders regarding its consideration of strategic alternatives.

BHP Billiton Ltd chairman Don Argus says the $2.3 billion Ravensthorpe nickel mine highlights that the mineral is a key part of the resource giant's commodities mix.

Posted Friday, May 23, 2008 ; 12:24 PM Updated Friday, May 23, 2008 ; 02:58 PM CEO JIm Bouchard says the company will be able to post a profit.

"The Canada-only supplier is getting killed in today's market," Rob Wildeboer, chairman of Martinrea International Inc.

Washington, May 24: Girls who date gang members are twice as likely to become pregnant as compared to those not seeing boys involved with gangs, according to a new study.

Two thousand feet under the west Alabama woods, dust flies as a machine chews into the Blue Creek coal seam, mining black gold for a booming world market that is lifting the once-laggard U.S. coal industry.

SYDNEY - Forty five children living in the Australian mining town of Mount Isa, where Xstrata Plc produces 4 percent of the world's lead, have blood lead levels above World Health Organization standards, a ...

"There is no way this country will leave 70 per cent of its energy - which is in the form of coal and 25 times cheaper than oil - in the ground while its citizens have to bear dramatic cost increases to heat ...

May 21, 2008 07:52 PM Eastern Daylight Time Permalink Grupo Mexico Demands ASARCO ' Despite Submitting Sponsored Reorganization Plan for ASARCO, Grupo Mexico Has Repeatedly Been Denied Information Needed to ...

Broadwind Energy, Inc. announced today that its heavy steel fabrication company, R.B.A. Inc., has acquired a second facility that more than doubles the company's manufacturing space and significantly increases ...

Michael Biehl - EVP, CFO and Treasurer Sam Thomas - Chairman, CEO and President Analysts James West - Lehman Brothers Jeff Spittel - Natixis Bleichroeder Chris Agnew - Goldman Sachs David Anderson - UBS Mike ...

Erdene Gold Inc. said Friday that it and Xstrata PLC have committed to funding a feasibility study of an evaluation and development program at the Donkin coal deposit in Cape Breton Island.

The Australia-listed shares of BHP Billiton Ltd. rose more than 4 percent Friday to a record high of 50 Australian dollars amid further speculation about Chinese interest in a stake in the company. via PR-inside.com

Xstrata Plc, the world's fourth largest copper producer, has launched a $426 million takeover for its partner in the Tampakan copper and gold project, Indophil Resources NL. via The Age

Rio Tinto Group, the world's third- largest mining company, and BP Plc, Europe's second-largest oil producer, canceled a plan to build a coal-fired power plant in Australia that would capture and store carbon ... via Peak Oil

BHP Billiton Ltd. , the largest mining company, agreed to buy Anglo Potash Ltd. for C$284 million to gain access to a project in Canada. via Bloomberg.com

Oxiana Ltd. , buying Zinifex Ltd. to become the world's second-largest zinc producer, rose the most in seven weeks in Sydney trading amid speculation of a possible takeover offer from Xstrata Plc. via Bloomberg Business News

The dividend is scheduled for disbursal by VPC on 16th May 2008. Withdrawal of the company's own shares The 2007 Annual General Meeting mandated the Board of Directors to buy a maximum of 10 per cent of the ... via PR-inside.com

“Based on more recent open cycle studies... further improvements to recovery may be available by modifications to the reagent scheme.”

Mustang Minerals Corp., today announced positive results from the prefeasibility study completed for the Company's Maskwa nickel-copper-platinum group metals project located near Lac du Bonnet Manitoba. via Earth Times

“Our third-quarter financial results fell short of our original expectations, due to reduced demand in our economically sensitive markets and higher operating costs”

Carpenter Technology Corp., Spring Township, on Tuesday reported net income for the third fiscal quarter of $120.0 million or $2.49 per diluted share, compared with $66.6 million or $1.27 per diluted share a ... via Reading Eagle/Reading Times

Iron ore and coal producer Cleveland-Cliffs Inc. said Tuesday its first-quarter profit fell 49 percent as higher expenses and a one-time charge offset record revenue. via International Business Times

Trading Symbol TSX: PTC VANCOUVER, April 29 /CNW Telbec/ - Petaquilla Copper Ltd. via Canada NewsWire

“People are not joining boards because of the compensation”

After ConAgra Foods' board slashed the company's dividend by 34 percent as part of a restructuring plan, a few shareholders suggested the board should also feel the pain and slash its own pay by roughly one-third.

Not surprisingly, the suggestion shareholder Don Hudgens made during the 2006 annual meeting, didn't fly even though former ConAgra chief executive Mike Harper supported that idea. Board chairman Steven Goldstone was quick to defend what ConAgra pays its directors, saying it is difficult to find and keep good people on the board. Read more

Norsk Hydro ASA`s employees have purchased shares under a general arrangement offered to the employees of Norsk Hydro ASA each year. via Market Wire

Attention Business Editors COEUR D'ALENE, ID, April 29 /CNW/ - WGI Heavy Minerals, Incorporated today announced that Greg Emerson, the current President of WGI's North American Operations, has been appointed ... via Customer Interaction Solutions

“We are very pleased to have Richard Schatz join our scientific advisory board”

Dr. Schatz is an early pioneer of coronary stent technology and is best known for the co-development of the first successful coronary stent, the Palmaz-Schatz stent. via Rehab Management

- Sherritt International Corp. (TSX:S) has posted a first-quarter profit of $89 million, same as last year, on slightly higher revenues resulting from consistent operating production, higher nickel sales and record cobalt and oil prices.

Revenue for the first quarter was $314.2 million, up from $310.1 million in the same quarter of 2007, but down from $323.6 million in the fourth quarter of 2007, the company announced Wednesday.

Diluted earnings per share in the first quarter were 38 cents, down from 52 cents in the same year ago period. Read more

“Worsley is one of the largest, lowest cost and most efficient alumina refineries in the world. This decision to invest in further production capacity underlines our confidence in the future of the alumina market”

BHP Billiton Ltd. has approved a $1.9 billion expansion project for an alumina refinery in Western Australia, the company said Thursday. via International Business Times