Industry News

Oceanic Iron Ore Corp. is pleased to announce the completion of a private placement announced in the Company's news releases of August 29, 2016 and September 6, 2016. The Company issued 4,925,000 units at a price of $0.20 per unit for gross proceeds of $985,000. Each Unit consists of one common share in the capital of the Company and one share purchase..."/>
Oceanic Announces Closing of Private Placement
IBC Advanced Alloys Corp. a leading beryllium and copper advanced alloys company, announces that is has secured "Approved Forging Supplier" status with General Dynamics' Electric Boat Corporation, which designs, constructs, and provides lifecycle support of submarines for the U.S. IBC's qualification as an Approved Forging Supplier to Electric Boat positions IBC to both provide forged product to Electric Boat through approved suppliers and to..."/>
IBC Advanced Alloys Secures Approved Forging Supplier Status with General Dynamics' Electric Boat Corporation
Newmont Mining Corporation today announced its Indonesian subsidiary PTNNT repaid the remaining $190 million balance under its Revolving Credit Facility due in 2017. Year-to-date, Newmont has reduced its consolidated debt by more than $1.1 billion. “Repayment of the PTNNT Credit Facility is an important step in completion of the sale of PTNNT,” said Laurie Brlas, Executive Vice President and Chief Financial Officer.“ The remaining balance of $190 million was paid from..."/>
Newmont Subsidiary Repays Outstanding Balance on Revolving Credit Facility
Freeport-McMoRan will sell its all of its oil and gas properties in the Gulf of Mexico. The company announced Monday that Anadarko Petroleum Corp. will pay $2 billion to take over its rigs and production sites. Richard Adkerson, president and CEO, said the Andarko deal will help Freeport-McMoRan address its debt and focus its resources on copper exploration."/>
Freeport-McMoRan exits Gulf of Mexico for $2 billion [NOLA Media Group, New Orleans]
Axalta Coating Systems, a leading global supplier of liquid and powder coatings, celebrated its 150 th anniversary in the coatings industry with special events in Shanghai, headquarters for its greater China operations. The day-long series of events included an exhibition of company products and history and was capped off by a celebration with customers, business partners, officials,..."/>
Axalta celebrates 150 years of innovation in China
Mineral Mountain Resources Ltd. is pleased to announce that due to the strong support the Company is receiving for its gold exploration program in the Rochford area of South Dakota, the Company has increased the size of the private placement as announced on August 16, 2016 from 625,000 units to raise up to $250,000 to issue 2,620,000 units at a price of $0.40 per Unit for gross..."/>
Mineral Mountain Announces Increase in Previously Announced Private Placement
Search Minerals Inc. announces a non-brokered private placement offering 8,000,000 units at $0.07 per Unit for gross proceeds of CDN $560,000. Each Unit will consist of one common share in the capital of the Company and one share purchase warrant. Each Warrant will entitle the holder to purchase one additional common share in the capital of the Company at a price of $0.14 per Warrant Share for a period of twelve months from the closing of the Private..."/>
Search announces non-brokered private placement
Itronics Inc., a diversified fertilizer and silver producing green technology company, today announced sales results and summarized its operations and diversification progress for the six months ended June 30, 2016. Total first half sales decreased 23 percent on a 23 percent decrease in fertilizer sales, a 10 percent increase in silver sales, and a 9 percent increase in photo services sales. Total Revenues for the 6 months ended June 30, 2016 were $968,000..."/>
Itronics Reports 2016 First Half Total Revenues and Updates Operations Expansion and Diversification Progress
Axalta Coating Systems Ltd. today announced that its indirect, wholly owned subsidiary, Axalta Coating Systems Dutch Holding B B.V., priced its offering of €450.0 million in aggregate principal amount of 3.75% Senior Notes due 2025. The Notes are being offered to qualified institutional buyers pursuant to Rule 144 A under the Securities Act of 1933, as amended, and outside the United States in compliance with Regulation S under the Securities Act."/>
Axalta Prices Notes Offering
LP Building Products Launches LP® SolidStart™ Design
Major Drilling Group International Inc. is pleased to announce that all director nominees listed in the management proxy circular dated July 14, 2016 were elected as directors of Major Drilling in the course of the annual and special meeting of shareholders of the Corporation held September 9, 2016 in Toronto, Ontario. Each of the ten director nominees listed in the Circular was elected by the holders of common shares of the Corporation on a..."/>
Major Drilling Announces Election of Directors
Alexco Resource Corp. today announced interim results from an ongoing diamond drill program in the Bermingham deposit area of the Keno Hill Silver District in Canada's Yukon Territory. Initial assay results have been received from 18 of 36 holes completed to date. Drilling has confirmed and expanded the Bermingham high grade zone, including a recent intercept of 7.5 meters true width of 2,715 grams per tonne (87.3 ounces per tonne) silver (..."/>
Alexco Confirms, Expands High Grade Silver Zone at Bermingham Deposit; Drilling Continues
Ivanhoe Mines' Executive Chairman Robert Friedland and Chief Executive Officer Lars-Eric Johansson announced today that ongoing upgrading work financed by the company at the Mwadingusha hydropower plant has begun supplying an initial 11 megawatts of power to the national grid in the Democratic Republic of Congo. The upgrading- part of a program planned to eventually overhaul and boost output from a total of three..."/>
Initiative Launched by Ivanhoe Mines Begins Supplying Electricity from the First of Three Hydropower Plants Being Upgraded in the DRC to Support Mine Development Work at the Kamoa Copper Project
Axalta Coating Systems, a leading global supplier of liquid and powder coatings, is pleased to announce its partnership with Stroud Water Research Center. This Smart News Release features multimedia."/>
Axalta Partners with Stroud Water Research Center
Monsanto Co. plans to shut down this year has drawn the interest of two groups looking into using the modern facilities for growing medical marijuana, First Selectman Rob Simmons said Monday. Simmons' revelation came soon after a state website indicated that Monsanto had issued a formal notice of the closure, which will occur in two phases starting Oct. 29. The shutdown, announced last year, will result in the..."/>
Medical marijuana firms show interest in Mystic Monsanto site [The Day, New London, Conn.]
Galane Gold Ltd. is pleased to announce that it has closed its previously announced mandatory offer for the acquisition of the outstanding ordinary shares of Galaxy Gold Mining Limited held by its minority shareholders. As a result of the completion of the Mandatory Offer, the Company now owns approximately 98.6% of the outstanding Galaxy Shares. Pursuant to the terms of the Mandatory Offer, Galane Gold has agreed to pay an aggregate purchase price of..."/>
Galane Gold Ltd. Announces Closing of Galaxy Mandatory Offer; Appointment of New CFO
Rye Patch Gold Corp. is pleased to announce that Rye Patch Mining US Inc., a wholly owned subsidiary, has been awarded The Nevada Excellence in Mine Reclamation for its reclamation work at the Standard mine site on the Florida Canyon mine property. The award recognizes the reclamation design and planning at the Standard mine's north waste rock storage facility. After the North pit was mined out, the surrounding pits were started and mined concurrently."/>
Rye Patch Wins Reclamation Award at Florida Canyon Mine
Worthington Industries, Inc. today announced an expansion of its cryogenic technology portfolio, with a proprietary-designed beverage carbonation cylinder for industrial gas markets. Worthington is introducing a 500- pound beverage carbonation cylinder for use in the food and beverage markets, including restaurants, bars, movie theaters and stadiums. Cryogenic beverage carbonation cylinders are a preferred storage option for high-volume..."/>
Worthington Industries Introduces Beverage Carbonation Cylinders

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