Industry News

Rayonier Advanced Materials Inc on Friday declared a dividend of USD0.07 per share of the company's common stock for the third quarter of 2016.. Stockholders of record as of 16 September 2016 will receive the cash dividend payment on 30 September 2016.. Rayonier Advanced Materials provides high-purity, cellulose specialties natural polymers for the chemical industry as well as engineers natural polymeric chemical chains to create dozens of..."/>
Rayonier Advanced Materials to pay USD0.07 per share dividend
Celanese Corporation on Saturday disclosed a rise in the list and off-list selling prices in the Asia region for Ateva EVA and LDPE polymers. Effective immediately or as contracts allow, Ateva EVA and LDPE will both increase by USD100/mt in Asia, added the company. Celanese is engaged in the production of differentiated chemistry solutions and specialty materials used in most major industries and consumer applications through its two complementary..."/>
Celanese announces new higher price list in Asia for Ateva EVA and LDPE polymers
Eureka Resources Inc. is pleased to report that the Bureau of Land Management has approved the permit for drilling at the Gemini Lithium Project located in the Lida Valley, Nevada. The Gemini Project consists of 247 placer mining claims totalling 4,940 acres. Gemini hosts two deep sub-basins that have the potential for lithium-bearing brines similar to the proven lithium brine deposits located in the Clayton Valley."/>
Eureka drill permit approved by the BLM
Cairn India Ltd on Monday opened on a positive note, while those of Vedanta Ltd slipped marginally, two days after the latter offered sweeter terms to shareholders of Cairn India to push through a merger that has been stuck due to opposition from minority investors such as Life Insurance Corporation of India. At 9.16 am, Cairn India was trading at Rs.193.25 apiece on the BSE, up 0.7% from its previous close, while India's benchmark Sensex index fell 0.16% to..."/>
Sweetened merger deal: Cairn India rises, Vedanta falls [Mint, New Delhi]
Atalaya Mining PLC. Second Quarter 2016 Operational Update Expansion Project Completed Ahead of Schedule and Under Budget. Atalaya is pleased to report the successful completion of the construction of its Expansion Project, with production ramping up towards 9.5 Mtpa."/>
Atalaya Mining PLC Announces Second Quarter 2016 Operational Update
Rallis India Ltd's performance in the June quarter. Standalone sales net of excise duty rose just 1%. The seeds business grew 15%, pushing consolidated sales growth to 7%."/>
Rallis India: slow start to a promising year [Mint, New Delhi]
Vedanta Ltd's decision to sweeten its offer to clinch the merger of Cairn India Ltd with itself is no surprise. The question is if the revised number--one equity share plus four preference shares of Rs.10 each instead of the originally proposed one preference share of Rs.10--will pass muster. Although the revised terms were announced post-market close on Friday, both shares had risen sharply on Friday."/>
Vedanta's revised offer for Cairn seeks to hit sweet spot [Mint, New Delhi]
Eastern Platinum Limited continue to investigate the transactions undertaken and disclosed by prior management of the Company. On June 28, 2016, prior management of the Company disclosed that Eastplats had entered into an agreement with Hebei Zhongheng Tianda Platinum Co. Limited pursuant to which HZT agreed to acquire the Company's South African subsidiary, Barplats Mines Limited,..."/>
Eastplats Provides Update on Previously Announced
New Gold Inc. is digging an all-new gold mine. Drill rigs are boring deep into rock. Giant shovels have already dug a hole nearly mile long and quarter-mile wide."/>
Rush of interest in Northland gold [Duluth News Tribune]
SABMiller by rival Anheuser-Busch InBev has been thrown into doubt after the fall in sterling caused a row with an activist investor. Sterling is down more than 10 pc against the dollar since the deal was struck and shareholders are unhappy that they are not getting value for money from the largest ever UK takeover. Earlier this week chairman Jan du Plessis said the board will review the deal once all regulatory approvals have been..."/>
Daily Mail, London, business briefs column [Daily Mail, London]
Randgold Resources Limited: New Prospects in Cote d'Ivoire, Dividend Paid
Randgold Resources Limited. RANDGOLD RESOURCES LIMITED Incorporated in Jersey, Channel Islands Reg. No. 62686 LSE Trading Symbol: RRS NASDAQ Trading Symbol: GOLD."/>
Randgold Resources: New Prospects in Cote d'Ivoire, Dividend Paid
Vedanta group on Friday announced revised terms for the merger between Vedanta Ltd and Cairn India after minority shareholders such as the Life Insurance Corporation of India opposed the earlier deal. Per the revised terms, Cairn India minority shareholders will receive one equity share and four redeemable preference shares with a face value of Rs.10 in Vedanta Ltd. In the earlier deal, which was announced on 14 June 2015, Cairn minority shareholders..."/>
Vedanta revises terms for merger with Cairn India [Mint, New Delhi]

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