Industry News

Steel output goes up and away [Mint, New Delhi]
Tata Steel Ltd.. For him, the handover marked "the beginning of a new era for these plants, for Scottish steel and for British steel as a whole". "We've kept our word--work will get underway again at these plants this month-end," Gupta said in an interview at the company's..."/>
Sanjeev Gupta of Liberty House: Salvager of distressed assets [Mint, New Delhi]
Resolute Forest Products Inc. has agreed to acquire the assets of Tembec's sawmill located in Senneterre, Quebec, the company said. By adding the operations of the Tembec sawmill to those of the company's existing Senneterre sawmill, Resolute expects to improve the productivity of its facilities and optimise the related woodlands operations in the Abitibi and Nord-du-Qubec regions. The transaction will be completed once all the..."/>
Resolute Forest Products to Acquire Quebec Sawmill
M and A Navigator: Deal pipeline –23 September
Alba Mineral Resources plc, the company said. The shares are worth around GBP 2.4 m. This move increasing Gunsynd's holding to 92 m shares, representing 5.08% of Alba's issued share capital."/>
Gunsynd Ups Stake in Alba Mineral Resources
Northern Lion Gold Corp. announced today that it has received the approval of the TSX Venture Exchange to proceed with the consolidation of its outstanding common shares on the basis of two pre-consolidation Shares for each one post-consolidation Share previously announced September 1, 2016. As part of the Consolidation, the Board of Directors have also approved moving to an unlimited share capital."/>
Northern Lion Announces Effective Date of Share Consolidation
Almonty Industries Inc. previously announced on 26 July 2016 that ATC Alloys Ltd ACN 118 738 999 and Almonty had entered into a Binding Heads of Agreement pursuant to which Almonty conditionally agreed to make a recommended off-market takeover offer under the Australian Corporations Act 2001 for all of the issued, and to be issued, shares of ATC. The HOA provided for the Offer to be subject to various conditions precedent, including:. :no event, matter or circumstance..."/>
Almonty Announces that it has Terminated the ATC HOA
Giyani Gold Corp. announces the results from its annual general and special meeting of shareholders held in Toronto on September 21, 2016. At the Meeting, shareholders elected the following to the Giyani Board of Directors: Duane Parnham, Scott Breard, John Petersen, and Eugene Lee. At the Meeting, PricewaterhouseCoopers LLP, Chartered Accountants, were re-appointed as auditors of Giyani for the ensuing year and the Board of Directors have been..."/>
Giyani Announces Results of Annual General Meeting and Special Meeting of Shareholders
China Gold International Resources Corp. Ltd. is pleased to announce the appointment of Mr. Guan Shiliang as Vice President effective on September 22, 2016.. Guan joined the Company in 2015 becoming the Board Chairman of Tibet Huatailong Mining Development Corp. Ltd., the Company's wholly-owned subsidiary."/>
China Gold International Resources Announces New Vice President Appointment
Richmond Minerals Inc. is pleased to announce Phase II diamond drilling results from the Company's Ridley Lake Project located within the Swayze Greenstone Belt, approximately 23 miles due east of Goldcorp's Borden Lake gold deposit. This phase of drilling continued to test the well-defined induced polarization anomaly characterized by high chargeability and resistivity and a prominent coincidental magnetic anomaly at depths beneath the..."/>
Richmond Minerals Inc. Continues to Intersect Broad Zones of Gold Mineralization Including 33 Meters of 1.26 Grams per Tonne Gold including 4.11 Grams per Tonne over 7 Meters in Phase II Drilling at the Ridley Lake Property
Alcoa Inc. announced today that Alcoa Nederland Holding B.V., a wholly owned subsidiary of Alcoa Upstream Corporation, which is currently a wholly owned subsidiary of Alcoa, had priced its offering of $750,000,000 aggregate principal amount of 6.75% senior notes due 2024 and $500,000,000 aggregate principal amount of 7.00% senior notes due 2026. The sale of the Notes is expected to be completed on September 27, 2016, subject to customary closing conditions."/>
Alcoa Inc. Announces Pricing of Debt Offering In Connection with Separation
Teck Resources Limited Vice President Investor Relations and Strategic Analysis, Greg Waller will be speaking at the Deutsche Bank 24th Annual Leveraged Finance Conference on Tuesday, September 27, 2016 at 1:00 p.m. Eastern/10: 00 a.m. The discussion may include information on company strategy, financial performance and outlook for the company's business units. The discussion will be audiocast through the following link at:..."/>
Teck Media and Investor Audiocast Advisory
Kerr Mines Inc., is pleased to announce that it has closed the previously announced restructuring transactions with various creditors to restructure amounts owing and to address working capital deficiencies.. Further to the Company’ s press release of August 25, 2016, the Company has now closed the following previously announced transactions:. the issuance of 27,000,000 common shares in the capital of the Company to Trans Oceanic Minerals Company Ltd..."/>
Kerr Mines Inc. Announces Closing of Previously Announced Restructuring and Launches a New Website
I-Minerals Inc. announces that it has issued an additional 486,346 bonus shares and an additional 486,346 non-transferable bonus warrants to a company controlled by Allen Ball, the Chairman and a Director of the Company in respect of cash advances totaling $1,300,000 U.S. made pursuant to certain to loan agreements. The bonus shares were issued at deemed prices ranging from $0.255 Cdn. to $0.310 Cdn. per share. The bonus warrants are exercisable at prices..."/>
I-Minerals Inc. Issues Additional Bonus Shares and Bonus Warrants Pursuant to Loan Agreements
Dominion Diamond Corporation is pleased to announce the restart of the Ekati process plant and the sale of an exceptional diamond recovered at the Ekati Diamond mine earlier this year. This Smart News Release features multimedia. View the full release here:"/>
Dominion Diamond Corporation Restarts Ekati Process Plant Ahead of Schedule and Announces Sale of an Exceptional Diamond
Ampco-Pittsburgh Corporation today announced the declaration of a quarterly dividend of nine cents per share on the common stock of the Corporation. The dividend will be paid on October 28, 2016, to shareholders of record on October 14, 2016.. Ampco-Pittsburgh Corporation, through its operating subsidiaries, is a leading producer of forged and cast rolls for the worldwide steel and aluminum industries, as well as ingot and open die forged products for the oil..."/>
Ampco-Pittsburgh Corporation Announces Quarterly Dividend
Turquoise Hill Resources today announced that it has disposed of 375,000 common shares of SouthGobi Resources Ltd. on September 22, 2016 at an average price of CDN $0.2780 per Share. Immediately following the Transaction, Turquoise Hill beneficially owns or controls 25,562,868 Shares, representing approximately 9.9198% of SouthGobi's issued and outstanding common shares. The common shares of SouthGobi are listed on the Toronto Stock Exchange and..."/>
Turquoise Hill Announces Disposal of Shares of SouthGobi Resources
Kaiser Aluminum Corporation announced today the closing of its exchange offer pursuant to which it offered to exchange up to $375,000,000 in aggregate principal amount of its 5.875% Senior Notes due 2024, which have been registered under the Securities Act of 1933, for an equal aggregate principal amount of its unregistered outstanding 5.875% Senior Notes due 2024.. The Original Notes were issued on May 12, 2016 in a transaction exempt from..."/>
Kaiser Aluminum Corporation Announces Closing of Exchange Offer for 5.875% Senior Notes due 2024
IIROC Trading Resumption - MOC
Royal Gold, Inc. congratulates its former Chairman and CEO Stanley Dempsey on the occasion of his induction into the National Mining Hall of Fame. Dempsey was selected by the National Mining Hall of Fame Board of Governors for his significant contributions to the mineral and mining industry. The induction ceremony will take place on Saturday, September 24, in Las Vegas."/>
Royal Gold Congratulates Stanley Dempsey on Induction into National Mining Hall of Fame
Rockwell Diamonds Inc. announces its quarterly production and sales update for the three months ended August 31, 2016.. Currency values are presented in Canadian dollars, unless otherwise indicated. Strategy- Immediate focus is being placed on: implementation of the new contract for outsourced mining services and sale of the Company's earthmoving vehicle fleet, and transfer of two thirds of the company's staff."/>
Rockwell focuses on operational turnaround following recent management changes
eCobalt Solutions Inc. wishes to provide its stakeholders with a progress update on its Idaho Cobalt Project. This past June, eCobalt commissioned a Feasibility Study on the ICP with Micon International Limited and SNC-Lavalin with the final report expected in Q1 2017. Management is excited to see the results of the FS based on the progress to date and the results from the April 29, 2015 Preliminary Economic Assessment."/>
ECobalts' Feasibility Study Maintains Critical Path
eCobalt Solutions Inc. wishes to provide its stakeholders with a progress update on its Idaho Cobalt Project. This past June, eCobalt commissioned a Feasibility Study on the ICP with Micon International Limited and SNC-Lavalin with the final report expected in Q1 2017. Management is excited to see the results of the FS based on the progress to date and the results from the April 29, 2015 Preliminary Economic Assessment. In conjunction with the work..."/>
ECobalts' Feasibility Study Maintains Critical Path
Morumbi Resources Inc. is pleased to announce that it has entered into a share purchase agreement with certain affiliates of Nyrstar NV to purchase 100% of Nyrstar's indirect subsidiary American Pacific Honduras SA de CV and its flagship asset, the producing El Mochito Zinc Mine in Honduras."/>
Morumbi Resources Inc. to Acquire the Producing El Mochito Zinc Mine From Nyrstar

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