Industry News

Excellon Resources Inc., Mexico's highest grade silver producer, is pleased to announce the appointment of Ben Pullinger, P.Geo as Vice-President Geology effective in mid-September 2016, taking over from John Sullivan, P.Geo., who is stepping into a consulting role. "We are tremendously excited to have Mr. Pullinger join the team in the coming weeks, "stated Brendan Cahill, President and Chief Executive Officer.""/>
Excellon Appoints Ben Pullinger as Vice-President Geology
Albemarle Corporation, a leader in the global specialty chemicals industry, announced today that it has signed a definitive agreement to acquire the lithium hydroxide and lithium carbonate conversion assets and supporting business functions currently operated by Jiangxi Jiangli New Materials Science and Technology Co. Ltd.. The transaction is expected to close by the end of the first quarter of 2017, subject to regulatory..."/>
Albemarle signs definitive agreement to acquire lithium salts production assets in Asia
HEADWATERS INCORPORATED, a building products company dedicated to improving lives through innovative advancements in construction materials, today announced the closing of its acquisition of Krestmark Industries and the associated financing. On August 19, 2016, Headwaters closed the acquisition of substantially all of the assets of Krestmark Industries for a purchase price of $240 million, subject to certain adjustments pursuant to the terms of an..."/>
Headwaters Incorporated Announces Closing of Krestmark Industries Acquisition and Associated Financing
Midas Gold Corp. today announced that its Board of Directors has approved a drill program for its Stibnite Gold Project, located in Idaho, USA. The Company's objective for the drill program is to improve, expand and de-risk the mineral resources defined in the December 2014 preliminary feasibility study before commencing a feasibility study. Positive results could enhance the Project economics in the planned FS. The drill program is expected to..."/>
Midas Gold to Initiate Drill Program on Its Stibnite Gold Project
McEwen Mining announced on Monday the appointment of Donald Brown as senior vice president of its Projects. Effective 29 August 2016, Brown will lead the advancement and future development of the company's portfolio of global assets, including the Los Azules copper project in Argentina and the El Gallo Silver project in Mexico, as well as assisting our current team with the ongoing development of the Gold Bar project in Nevada. Previously, Brown has..."/>
McEwen Mining appoints Donald Brown as Sr. VP of Projects
Piramal Enterprises Ltd's structured investment group unit has agreed to invest Rs.150 crore in Smaaash Entertainment Pvt. Ltd, a sports-based entertainment company co-owned by cricketer Sachin Tendulkar, two people aware of the development said. Currently, Smaaash has five gaming arcades in Mumbai, Bengaluru, Gurgaon, Noida and Hyderabad."/>
Piramal invests Rs150 crore in Smaaash Entertainment [Mint, New Delhi]
Microsoft founder's fortune to $90 billion. Strong performances from Canadian National Railway Co. and Ecolab Inc. moved Gates $13.5 billion ahead of the second richest man in the world, Spanish retail magnate Amancia Ortega."/>
BRIEF: Bill Gates' net worth hits record high $90 billion, website reports [NOLA Media Group, New Orleans]
M and A Navigator: Deal pipeline –23 August
Albemarle Corp. has signed a definitive agreement to acquire the lithium hydroxide and lithium carbonate conversion assets and supporting business functions currently operated by China-based firm Jiangxi Jiangli New Materials Science and Technology Co. Ltd, the company said. This transaction is expected to close by the end of 1 Q17, subject to regulatory approvals and other customary closing conditions."/>
Albemarle to Acquire Asian Lithium Salts Production Assets
Orosur Mining Inc., the South American-focused gold producer, developer and explorer announces that Pablo Marcet, a Non-Executive Director of the Company sold 1,000,000 shares in the Company on 22 nd August at a price of CAD $0.315. Marcet now holds 1,215,338 shares of the Company, representing 1.23% of the shares outstanding. For more information please visit www.orosur.ca.."/>
Orosur Mining Inc. – Director Dealing
Prize Mining Corporation is pleased to announce that at its annual general and special meeting of shareholders, Feisal Somji, Tim Bergen, John Bergen and Bryson Goodwin were elected as directors for the upcoming year."/>
Prize Mining Corporation - Corporate Update: Results of the Annual General and Special Meeting of Shareholders
Gensource Potash Corporation is very pleased to announce that Mr. Dwayne Dahl, CPA, CA, joined the board of directors of the Company effective today- August 22, 2016.. Dahl joins Gensource bringing 25 years of experience in the potash and fertilizer industry through his participation in increasingly senior positions at Canpotex Limited, including the last 16 years as CFO/ Senior Vice President and Treasurer."/>
Gensource Welcomes Dwayne Dahl as Independant Director - Another Milestone Towards Building its Potash-focused Board of Directors
Timmins Gold Corp. is pleased to announce results of a recently completed National Instrument 43-101 Technical Report for the San Francisco Gold Mine in Sonora State, Mexico, prepared by Micon International Limited of Toronto, Ontario. This news release provides details on the updated Mineral Reserves and Resources, as of July 1, 2016, and associated mine plan for the San Francisco Gold Mine. All dollar amounts are expressed in U.S. dollars."/>
Timmins Gold Extends Operations at San Francisco Gold Mine Into 2023
Roxgold Inc. announces that it has issued a total of 527,272 Deferred Stock Units to non-executive directors as an annual award as outlined in the DSU Plan adopted in October 2012.. The Company has also granted 720,000 Restricted Share Units to executives and senior management. The RSUs were granted in accordance with Roxgold's Restricted Share Unit Plan and are subject to vesting provisions."/>
Roxgold Grants Deferred Share Units, Restricted Share Units and Stock Options
Roxgold Inc. announces that it has issued a total of 527,272 Deferred Stock Units to non-executive directors as an annual award as outlined in the DSU Plan adopted in October 2012.. The Company has also granted 720,000 Restricted Share Units to executives and senior management. The RSUs were granted in accordance with Roxgold's Restricted Share Unit Plan and are subject to vesting provisions."/>
Roxgold Grants Deferred Share Units, Restricted Share Units and Stock Options
International Dispensing Corporation to further the Company’ s commitment to having a strong local presence in the very important Middle East and Pakistan markets, and to bolster IDC’ s advanced-stage discussions with Pakistan’ s preeminent aseptic dairy. Söderlund worked at Tetra Pak as Managing Director of several countries. During his tenure as Managing Director of Pakistan, Tetra Pak’ s..."/>
Former Tetra Pak Pakistan Managing Director Joins IDC
Lydian International Limited announced today the groundbreaking ceremony at its 100%- owned Amulsar Gold Project in Armenia. The ceremony, held August 19, took place as Lydian completes key engineering tasks to begin mobilizing for construction. "Our priorities for the balance of 2016 include mass earthworks for the heap leach facility, construction of haul roads and building of facility platforms," said Howard Stevenson, Lydian's President and CEO. ""/>
Lydian Moves Toward Construction With Amulsar Groundbreaking Ceremony
Metabolix, Inc. announced today that it has entered into a binding letter of intent with CJ CheilJedang Corporation for the sale of its biopolymer intellectual property and certain laboratory equipment for a total purchase price of $10 million. The first $2 million of the purchase price was paid by CJ on execution of the LOI and the remaining balance is payable on closing of the transaction, which is anticipated in mid-September. Completion of the..."/>
Metabolix Announces $10 Million Binding Letter of Intent for Sale of Biopolymer Assets to CJ CheilJedang

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