MINING.COM Staff Writer

Otish Energy Inc. announced Friday the special resolution relating to the change of name from Otish Energy Inc to Arrowhead Gold Corp, has been approved at the annual and special meeting of shareholders held in Toronto on July 28th, 2011. Other business transacted at the annual and special meeting included: the re-election of Steve Smith, Zachery Dingsdale, Ick Boga, Mark Fekete and Albert Timcke as directors; the appointment of BDO Canada LLP as auditor of the company; and the approval of the company's rolling stock option plan.

Green Car Congress reports Rio Tinto has signed a deal with with the India's Jindal Steel and Power, part of the $15 billion Jindal group, to develop and commercialize the HIsmelt direct smelting technology. The existing plant in Australia, shuttered by Rio Tinto in 2009 because of depressed pig iron prices, will be relocated to India. HIsmelt, short for high-intensity smelting, is the first commercial direct smelting process for making iron straight from ore. The technology smelts iron ore fines directly using non-coking coals, and provides environmental benefits over traditional ironmaking as it removes the need for coke ovens and sinter plants.