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ESCO Acquires Texas-based Ulterra Drilling Technologies

ESCO, a company that designs and produces highly engineered wear products for use in aerospace, industrial, infrastructure, mining and power generation industries, declared that it has acquired Ulterra Drilling Technologies’ equity interests for $325 million.

3 Sep 2012

Nautilus Minerals Clarifies Statements Related to Solwara 1 Project

Nautilus Minerals has cleared certain statements and press coverage related to its Solwara 1 Project. The firm stated once again that the State of Papua New Guinea had granted the Mining Lease back in January 2011. Contrary to the information which was reported in several news articles, this grant is not the latest development.

From Deep Sea Mining Finance 30 Aug 2012

Energizer Resources Receives Additional Assays from Molo Deposit Resource Drilling Program

Energizer Resources has obtained further assay results from the National Instrument (NI) 43-101 graphite resource drilling campaign carried out recently at the Molo deposit. Currently, the company is strategically placed to define the potential size and borders of the deposit, including its tonnage and grade.

From NextSource Materials Inc 30 Aug 2012

Metallum Resources Declares Postponement of Exploration at Chubut Province

Metallum Resources has declared that it will be postponing exploration works on its Chubut Province, Argentina-based M-18 gold property, till the final conditions of the new mining legislation, which is at present being reviewed by Chubut’s provincial legislature, is decided.

From Metallum Resources Inc. 30 Aug 2012

Platts Releases China Steel + Iron Ore Reserves Map for 2012

Platts, a provider of metals, petrochemicals and global energy information, has announced that the Platts SBB China Top 100 Steel Making Companies & Iron Ore Reserves Map edition for this year has been released. This map provides a comprehensive snapshot of the steel industry as of 2011 end and offers an update on the top 100 firms.

27 Aug 2012