HANNIBAL, Ohio----Ormet Corporation, an independent U.S. producer of aluminum, announced its second quarter 2008 and six months ending June 30, 2008 results realizing a net loss of $5.1 million and a net income of $4.3 million...
Lonmin, the world's third-biggest platinum producer, rejected an unsolicited takeover bid worth $10 billion (5 billion pounds) from mining group Xstrata on Wednesday, saying the 33-pound per share cash offer undervalued the...
Singapore (Platts) --06 Aug 2008 -- [Oil] Indian refiner Reliance is likely to win Sri Lanka's state-owned Ceylon Petroleum Corp.'s tender to buy 90,000 barrels of naphtha for delivery late August into Colombo, a company...
ATHENS (Thomson Financial) - Greek metals, mining and engineering holding company Mytilineos Holdings SA said its unit Aluminium of Greece SA has signed a $2 billion alumina supply contract with Switzerland's Glencore with a...
Being the big cat of the steel sector, with one-tenth of global output, gives ArcelorMittal three advantages over smaller rivals -- a bigger balance sheet, reach and market clout Roar! The giants of the metals and mining world...
LONDON (Thomson Financial) - Zambezi Resources Ltd. said it will suspend all drilling operations in Zambia, except for one drill rig at its 100-percent owned Kangaluwi copper deposit, as part of a 'strategic redirection' of its...
PARIS/SINGAPORE (Reuters) - U.S. soybeans were mixed while corn was up slightly after rising nearly 2 percent in early Asian trade on concerns over hot weather in key growing states. By 6:30 a.m. EDT Chicago Board of Trade corn...
London (Platts) -- 30 Jul 2008 -- [Oil] The price of physical open-spec naphtha in Northwest dropped below $1,000/mt Tuesday assessed, for the first time since mid-May, according to Platts data. Prices fell to $989.75/mt with...
ANDOVER, MA, July 29 / MARKET WIRE/ -- Enterasys Networks Inc., the Secure Networks Company(TM), today announced financial results for the fiscal second quarter ended 28 June 2008. "We are pleased with the solid results...
VANCOUVER, BRITISH COLUMBIA, July 29 / MARKET WIRE/ -- Capstone Mining Corp. ("Capstone") (TSX: CS) announces its financial results for the second quarter of 2008 including production and sales for the Cozamin mine located in...