January 11, 2013

Sinking metals and energy lead Canada’s exports decline

Imports of metal and non-metallic mineral products, on the other hand, increased 6.8% to $3.7 billion in November.

January 11, 2013

Siemens to equip thyssenkrupp overland conveyor system in Xstrata’s Peruvian copper mine with a gearless drive system

When compared to conventional drive systems, gearless drives not only have higher efficiency, availability, and reliability, but also lower maintenance requirements.

January 11, 2013

Stafsjö Invest in Increased Capacity

The investment, that amounts to 2,3 M EUR, includes among others two new multi-operation machines, three new assembly and pressure testing lines and a new testing facility for product development…

January 11, 2013

Larson Electronics Announces Addition of Magnetic Mount Explosion Proof LED Light

Larson Electronics has announced today the addition of the EPL-MB-161M-100 explosion proof LED light to its line of industrial grade explosion proof lighting. Producing 10,000 lumens and designed to provide…

January 11, 2013

NSK Announces Plans to Establish a Manufacturing Subsidiary in Mexico

Through the establishment of this subsidiary, NSK will be better positioned to provide quality products such as automotive bearings in a timely manner.

January 11, 2013

Sembawang Offers $38m for Macmahon Construction Business

Australia’s Macmahon Holdings Limited (ASX:MAH) confirmed Thursday it has received a revised, two part proposal to acquire either a portion or all of its Construction Business from Sembawang Engineers and…

January 11, 2013

Greece wants Eldorado Gold’s Hellas mine to dig it out of financial ruin

Despite ongoing opposition, Canada’s Eldorado Gold Inc. is gearing up to start production at its 95%-owned Hellas Gold Mine in Greece, as authorities reportedly have woken up to the potential…

January 11, 2013

SEC under attack for approving JPMorgan’s copper ETF

The move is likely to delay the launch of JPMorgan's new investment product, first publicly proposed in October 2010.

January 11, 2013

Cache of gold, silver and bronze jewellery unearthed in Ukraine

The 2,000-year-old treasure could be worth millions.

January 11, 2013

First round to First Quantum

Inmet's largest shareholder in favour of a deal.