Industry News

Valspar Corporation, one of the world's leading coatings manufacturers, has selected Chattanooga-based Kenco Logistics to provide warehouse, production and IT services at two of its U.S. locations. Kenco will help support and manage a 400,000- square-foot coatings facility in Romeoville, Ill., and a 72,000- square-foot furniture-care facility in Grand Rapids, Mich. In addition to its nationwide distribution capabilities, Kenco was picked because of its supply..."/>
BRIEF: Valspar picks Chattanooga-based Kenco for warehousing, IT [Chattanooga Times Free Press, Tenn.]
Axalta Coating Systems has closed the acquisition of US-based metal coil coatings maker Dura Coat Products, the company said. Financial terms of the transaction were not disclosed. Pursuant to the agreement, Axalta will initially purchase a majority stake in Dura Coat at the closing and the remaining outstanding shares by January 2019, subject to required regulatory approvals and other customary closing..."/>
Axalta Coating Systems Closes Acquisition of Paint Maker Dura Coat Products
Nano One Materials Corp., confirms that Nano One has successfully executed its Contribution Agreement with Sustainable Development Technology Canada for a $2.08 million technology commercialization grant and has received an initial installment of $488,944 for the first phase of its lithium battery materials pilot plant project.. “This is the first of four installments from SDTC,” explains Mr Blondal,“ and it..."/>
Nano One Receives $500,000 Installment for Phase 1 of Lithium Battery Materials Pilot Plant
Sixth Acquisition for Frutarom in 2016
Landore Resources Limited is pleased to provide this progress report on extension drilling of the BAM East Gold prospect on its Junior Lake Property, Ontario, Canada. Following the positive results from drilling on the BAM East Gold Prospect, announced by the Company on 4 th April 2016, Landore remobilised to site on the 30 th June 2016 to undertake a 3,500 m drill programme to test the east, west and down dip extensions of the new gold zone."/>
Latest Drilling Extends the Exciting BAM East Gold Prospect Junior Lake Property
Horizonte Minerals Plc, the nickel development company focused in Brazil, is pleased to announce the transfer to a wholly-owned subsidiary of the Company of the remaining two licences that make up the Glencore Araguaia nickel project in north central Brazil. This completes the licence transfer under the agreement to acquire GAP from Xstrata Brasil Exploraçâo Mineral Ltda, a wholly owned subsidiary of Glencore, as announced by the Company on 28..."/>
Horizonte completes acquisition of Glencore project to create one of largest nickel saprolite projects globally
Horizonte Minerals Plc, the nickel development company focused in Brazil, is pleased to announce the transfer to a wholly-owned subsidiary of the Company of the remaining two licences that make up the Glencore Araguaia nickel project in north central Brazil. This completes the licence transfer under the agreement to acquire GAP from Xstrata Brasil Exploraçâo Mineral Ltda, a wholly owned subsidiary of Glencore, as announced by the Company on 28..."/>
Horizonte completes acquisition of Glencore project to create one of largest nickel saprolite projects globally
Reliance Capital after Goldman Sachs sold its India mutual funds business to the company. The fund will serve as an additional..."/>
Govt announces plan to launch new exchange traded fund [Mint, New Delhi]
CSR gets greater acceptance in year two [Mint, New Delhi]
ITC Ltd, Larsen and Toubro..."/>
Govt announces plan to launch new exchange traded fund [Mint, New Delhi]
Godrej says revenue growth plan on track [Mint, New Delhi]
Ecolab Inc., sending its second-quarter profit lower, despite solid gains from non-energy-related divisions. Paul-based maker of cleaning, sanitizing and water treatment chemicals for hotels, restaurants, hospitals, breweries and energy firms reported sales that slipped 2 percent to $3.32 billion, due in part to negative foreign currency exchanges. Net income dropped to $258 million, or 87 cents a share, which includes a charge of..."/>
Sagging oil results hurt Ecolab's quarterly profit [Star Tribune (Minneapolis)]
Gold Resource Corp. earn its biggest quarterly profit in two years during the second quarter, the Colorado Springs-based company announced Tuesday. Gold Resource earned $5.61 million, or 10 cents a share, during the April-to-June quarter or nearly seven times the $812,000, or 1 cent a share, during the second quarter of 2015. The quarterly profit was the most since the company earned $7.81 million, or 14 cents a share, during the second quarter of..."/>
Gold Resource Corp. earns biggest quarterly profit in 2 years [The Gazette (Colorado Springs, Colo.)]
Stellar Diamonds to acquire mines in Guinea and Liberia. The Dubai-based firm said the agreements include a Baoulé kimberlite mining project in Guinea that has a resource estimation of approximately three million carats and two exploration licences in western Liberia, which have recently been awarded to Stellar Diamonds."/>
Citigate Commodities inks deal with Stellar Diamonds [Khaleej Times, Dubai, United Arab Emirates]
STEEL DYNAMICS CLOSES USD 126 M ACQUISITION OF ALABAMA, US-BASED THREADED PRODUCTS SUPPLIER US-basedsteel producer and metals recycler Steel Dynamics, Inc. has closed the acquisition of US-based threaded rod products supplier Vulcan Threaded Products, Inc., the company said. Established in 1978, Vulcan is based outside ofBirmingham, Alabamaand is the nation's largest manufacturer and..."/>
M and A Navigator: Deal pipeline –2 August
Martin Marietta Materials posted record second-quarter results that nonetheless fell short of Wall Street's expectations. The Raleigh-based company reported Tuesday that its net sales rose 7.7 percent to $915.4 million in the second quarter. Analysts polled by Bloomberg News had been expecting $935 million."/>
Raleigh's Martin Marietta Materials posts record results that fall short of expectations [The News & Observer (Raleigh, N.C.)]
Chieftain Metals Corp.,, its wholly owned subsidiary, Chieftain Metals Inc. and an investment fund advised by West Face Capital Inc. entered into a Forbearance Agreement pursuant to which West Face agreed not to exercise its rights under its security that became enforceable on March 31, 2016 until August 2, 2016. Chieftain is continuing to explore alternatives as to the best way forward to maximize value for all stakeholders."/>
Chieftain Updates Status of Forbearance Agreement and Strategic Review
Li3 Energy, Inc.,, a US-listed and South America based global exploration company in the lithium and minerals sector which holds a 49% interest in the Maricunga lithium project in Northern Chile, announced today that it is reviewing the recently-announced transaction between Minera Salar Blanco SpA, which owns a 51% interest in the Project, and Lithium Power International to advance the Project. Li3 will attend a shareholders meeting for Minera Li,..."/>
Li3 Energy, Inc. Reviewing Maricunga Lithium Project Transaction with Lithium Power International
Li3 Energy, Inc.,, a US-listed and South America based global exploration company in the lithium and minerals sector which holds a 49% interest in the Maricunga lithium project in Northern Chile, announced today that it is reviewing the recently-announced transaction between Minera Salar Blanco SpA, which owns a 51% interest in the Project, and Lithium Power International to advance the Project. Li3 will attend a shareholders meeting for..."/>
Li3 Energy, Inc. Reviewing Maricunga Lithium Project Transaction with Lithium Power International
Vista Gold Corp. is pleased to announce that it has entered into an underwriting agreement with a syndicate of underwriters led by Cantor Fitzgerald Canada Corporation and Rodman& Renshaw a unit of H.C. Wainwright& Co., LLC, acting as co-lead underwriters and joint book-running managers and representatives of the underwriters named therein, under which the underwriters have agreed to buy on an underwritten basis 10,750,000 units, each Unit consisting of..."/>
Vista Gold Corp. Announces US$15 Million Bought Deal Offering of Units
Vista Gold Corp. is pleased to announce that it has entered into an underwriting agreement with a syndicate of underwriters led by Cantor Fitzgerald Canada Corporation and Rodman& Renshaw a unit of H.C. Wainwright& Co., LLC, acting as co-lead underwriters and joint book-running managers and representatives of the underwriters named therein, under which the underwriters have agreed to buy on an underwritten basis 10,750,000 units, each Unit..."/>
Vista Gold Corp. Announces US$15 Million Bought Deal Offering of Units
Dyadic International, Inc., a global biotechnology company announced today that it will report its financial results for the second quarter ending June 30, 2016 after the market close on Thursday, August 11, 2016 and will host a conference call that day at 5:00 p.m. Eastern Time to discuss those results.. In order to participate in the live session, please use the following dial-in numbers five to ten minutes prior to start time:. Calling from the United..."/>
Dyadic International to Announce Second Quarter 2016 Financial Results and Host Conference Call on Thursday, August 11, 2016
Torex Gold Resources Inc. announced today that it will release its Second Quarter 2016 financial and operating results early morning on Thursday, August 11, 2016, followed by a conference call hosted by senior management. Second Quarter 2016 Results Conference Call And Webcast. Date: Thursday, August 11, 2016."/>
Torex Gold Provides Notice of Second Quarter 2016 Results

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