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Metals Industry News
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Metals Industry News
Buyout group raises offer for Australia's Indophil
A consortium bidding for Australian-listed prospector Indophil Resources NL raised its offer on Wednesday, hoping to trump a rival offer by Xstrata Ltd .

Anglo-Swiss mining company Xstrata temporarily suspends mining in DomRep
Anglo-Swiss mining company Xstrata PLC said Tuesday it will suspend operations in the Dominican Republic for four months because of high oil costs and a drop in nickel prices.

ABCP appeal planned
The $32-billion asset-backed commercial paper mess may have to be sorted out by the Supreme Court of Canada because upset ABCP owner Ivanhoe Mines Ltd.

Chile copper sales soar 8.8% through July
Chile's Central Banks says the nation's copper sales surged 8.8% in the first seven months of the year over the same year-ago period.

BHP Billiton Posts Record Profit
BHP Billiton Ltd. Monday posted its sixth consecutive record full year profit, and while offering an upbeat outlook, also stressed that a tie up with takeover target Rio Tinto Ltd.

Summary of mining deals this summer
Here is a summary of some of the acquisitions and takeovers announced this summer by the world's precious metals mining industry: Aug.

Inco fined $70,000 after workplace incident
SUDBURY, ON, Aug. 13 /CNW/ - Inco Limited pleaded guilty and was fined $70,000 in the Ontario Court of Justice, August 12, 2008, in connection with a workplace incident.

New Facility Coming to Dinwiddie
Metal products distributor Earle M. Jorgensen Company plans to invest about $6 million to open a distribution facility in Dinwiddie County, creating 16 jobs.

BHP Billiton poised for record profit
BHP Billiton Ltd, the world's biggest mining company, is set to deliver a record annual profit in excess of $US15 billion , underpinned by a strong result from its petroleum division.

Continue reading "Harbinger wants shareholder approval to buy more Cleveland-Cliffs shares"
Harbinger Capital Partners raised the heat Thursday on Cleveland-Cliffs Inc., saying it wants shareholder approval to increase its ownership stake in the iron ore company.

Three companies, including Inco, fined for workplace incidents
Three companies have been fined by the Ontario Court of Justice over separate incidents.

Shell building financing OK'd
The Henry County Board of Supervisors on Monday officially approved the county helping to finance the construction of a 100,000-square-foot shell building in the Patriot Centre at Beaver Creek industrial park.

AZCAR Announces Results for the Second Quarter of 2008
MARKHAM, ONTARIO, August 7 / MARKET WIRE/ -- Stephen F. Pumple, Chairman & CEO of AZCAR , announced second quarter revenues of C$19.2 million, compared to C$15.7 million in Q2 2007.

Webcast Advisory - The Westaim Corporation Webcast of Conference Call ...
Webcast Advisory - The Westaim Corporation Webcast of Conference Call to Discuss 2008 Second Quarter Results > CALGARY, Aug.

Rio Tinto contemplating divestment of US assets
Rio Tinto Group, fending off a $147 billion dollar hostile bid from BHP Billiton Ltd, said it may spin off its North American coal business into a company called Cloud Peak Energy Inc.

Xstrata to raise 5 billion pounds for Lonmin bid: paper
Swiss-based miner Xstrata is looking to raise more than 5 billion pounds in order to forge ahead with its hostile $10 billion bid for South African rival Lonmin , the Sunday Telegraph reported.

Zacks.com Featured Expert Kevin Matras highlights: Walter Industries, ...
Zacks.com Featured Expert Kevin Matras highlights: Walter Industries, Aeropostale and Oriental Financial Group 2008-08-08 23:04:03 - - Kevin Matras explains why growth stocks seem to do well in both up and down ...

Zacks Releases Four Powerful ''Buy'' Stocks: Emergency Medical...
The four highlighted picks are: Emergency Medical Services Corp. , L-3 Communications Holdings, Inc.

Cleveland-Cliffs Files Updated Investor Presentation with SEC
As an update to the materials filed on July 16, 2008, the presentation includes the following additional information: -- Expected pro forma 2009 EBITDA split between Cleveland-Cliffs and Alpha Natural Resources ...

Weekly Top Insider Buys: McMoRan Exploration Co., The Dow Chemical...
GuruFocus Home >> News Home >> Weekly Top Insider Buys: McMoRan Exploration Co., The Dow Chemical Company, BB&T Corp.

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Plastics Industry News
Raven Industries earnings soar
Though they had nearly an hour to discuss a proposed ethics code, Sioux City city council members barely scratched the surface, Monday night.

A. Schulman to add plant in Akron
A. Schulman Inc. is expanding its North American Polybatch manufacturing operations with a new plant at the site of its existing distribution warehouse in Akron.

DELAWARE: Dow Reichhold plant to close by end of year
A struggling chemical plant north of Dover that was the focus of an evacuation order and public uproar two years ago will close by the end of 2008, eliminating 81 jobs, the company's owners reported late ...

Dow Chemical Deploys More Than 44,000 Lenovo Computers Worldwide
Looking to support increased productivity, flexibility and improved computing reliability, the Dow Chemical Company has deployed more than 44,000 ThinkPad notebooks and ThinkCentre desktops from Lenovo ...

Goodyear closing 92 stores
Goodyear Tire & Rubber Co. has disclosed plans close 92 retail stores by the end of the year.

Awards program seeking nominations to honor brave truck drivers as 'Highway Heroes'
Goodyear says the search is on for American and Canadian truck drivers who perform heroic deeds for those they encounter while on the road.

Dow XLA Takes a Shot at Spandex
Dow XLA fiber is now stretching its way into Spandex's territory. Brooks Brothers, Citizens of Humanity, GoldSign and other fashion industry bigs have partnered with Dow Fiber Solutions, a unit of The Dow ...

Chamber cheap shot
You know that an organizing tactic which targets business practices is effective when the U.S. Chamber of Commerce opens its big yap about it.

Schulman looks for solution to Invision's slow sales
Plastics manufacturer A. Schulman Inc . said today it hopes to find "a joint-venture partner or other strategic arrangements" for a product that it spent more than a decade and some $50 million developing but ...

Fayetteville Goodyear Plant Shuts Down For 2 Weeks
FAYETTEVILLE, NC On what would normally be a busy work day, the Fayetteville Goodyear tire plant now sits empty -- an unusual sight for passers-by. There's always cars there, somebody's always there.

Dow CEO: Be pragmatic about energy
Dow Chemical CEO Andrew Liveris is no newcomer to the energy debate. He's been saying that the USA needs a comprehensive policy since 2004, when a barrel of oil was less than $40. His company, which makes ...

Flags fly high as Two Phillips Plastics Corporation facilities become Green Tier participants
Two high-technology Phillips Plastics Corporation facilities - Phillips Medical and Metal Injection Molding - raised Green Tier flags today as they joined other dynamic, forward thinking companies that make ...

Goodyear seeks special truck drivers as Highway Heroes
The Goodyear Tire & Rubber Company is starting its second quarter-century of celebrating truck-driver heroics.

Southern Pacific ends merger deal with Rochester Energy
Southern Pacific Resource Corp. has cancelled plans to buy Rochester Energy Corp.

Dow Wolff Cellulosics expands capacity to met growing specialty industry needs
VERSATILE AND capable of high performance across high value-added industries, cellulosics have a bright future, according to one of the world's leading producers.

Bhopal gas survivors celebrate legal victory
Survivors of the Bhopal Gas tragedy, one of the worst industrial tragedies in India's history, have celebrated a government assurance to set up a commission to look into the grievances of the victims.

Philadelphia Students SWARM to Summer Program with Help of Rohm and Haas Donation
Over 700 children swarm to a local summer program to immerse in continued learning that ' s fun due to support by a Rohm and Haas Company grant to PHILADELPHIA READS for the Summer READS SWARM program .

Manchin, DuPont met over appeal of $196M verdict
Gov. Joe Manchin's office acknowledged Wednesday that he conferred twice with chemical giant DuPont as it planned to appeal a $196 million punitive damage award in a West Virginia pollution case.

Albemarle Promotes Dr. David Clary to Vice President, Chief Sustainability Officer
Newly created role combines technology & advocacy functions to reinforce company's commitment to innovation and drive its sustainability vision;Company also releases inaugural sustainability report entitled ...

Zoltek's Q3 profit drops 54 percent
Zoltek Companies Inc. said Monday its profit dropped 54 percent in the third quarter due to reduced shipments against two major wind contracts and lower technical fiber sales.

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