Press Releases
Newmont Corporation today announced that it has reached a profit-sharing agreement with its represented workforce at the Company’s Peñasquito mine in Zacatecas, Mexico. The agreement supports the continued operation of Peñasquito into the future Consistent with other agreements across Mexico, Newmont Peñasquito will pay its represented workforce an uncapped profit-sharing bonus up to 10%, with an immediate cost equivalent of $70 million, which is rep
Read more...Action Target Inc., the global leader in modern live-fire shooting ranges, announces its new Portable Steel Target System, the PT RangerTM, is now available for purchase. The PT Ranger is a tough, portable, and rapidly deployable target system for pistol and rifle scenarios. Engineered for high-volume shooting – the PT Ranger is one of the market's most comprehensive and complete steel target training systems. Deploying the target system is quick and effortless, with rapid
Read more...5 July 2022
ArcelorMittal announces that on 1 July 2022 it received a shareholding notification from BlackRock, Inc. According to the notification, the following threshold of (potential) voting rights was reached: This notification is available in the Luxembourg Stock Exchange’s OAM electronic database on www.bourse.lu and on the Company’s website corporate.arcelormittal.com under ‘Investors - Corporate Governance - Shareholding structure’. This notificat
Read more...MagIron LLC today announced that it has completed the purchase of selected assets from the receivership estate of Prairie River Minerals, LLC ("PRM") (the "Acquisition"). This follows entry of a court order approving the free and clear sale of PRM assets to MagIron by a State of Minnesota district court judge in the Assignment for the Benefit of Creditors action on May 13, 2022. Under the terms of the Acquisition, MagIron will pay total cash consideration of $2.6 mil
Read more...PJSC Magnitogorsk Iron & Steel Works comunica l'ulteriore estensione della richiesta di consenso per le sue obbligazioni garantite da 500.000.000 di dollari statunitensi al 4,375% con scadenza 2024. Garantite con scadenza 2024. Il 6 giugno 2022, PJSC Magnitogorsk Iron & Steel Works (il "Garante") ha annunciato una procedura di "consent solicitation" in relazione alle obbligazioni in circolazione da 500.000.000 dollari USA al 4,375% con scadenza 2024 e
Read more...Today BrewBilt Brewing Company CEO Jef Lewis announced its systems, materials and processes create the highest quality craft beers. Lewis stated, “BrewBilt Brewing is devoted to the modern execution of traditional styles utilizing hand-crafted, industry-leading equipment combined with an artful approach and a passion for quality. A focus on regionally-sourced local malt, premium hops, and pristine water gives us a dynamic palette for distinctly satisfying beers. Inspired by Eu
Read more...Steel Reef Infrastructure Corp. announces that it has taken up and purchased for cancellation 10,663,193 common shares (“Shares”) at a price of $2.50 per Share under Steel Reef’s substantial issuer bid (the “Offer”) for an aggregate purchase price of approximately $26.66 million. All dollar amounts are in Canadian dollars. Shares purchased under the Offer represent approximately 4.2% of the total number of Steel Reef’s issued and outstanding Share
Read more...Steel Dynamics, Inc.today announced the creation of a strategic joint venture with Aymium, a leading producer of renewable biocarbon products. Steel Dynamics owns 55 percent of the joint venture, with Aymium owning the remaining 45 percent. The entity will operate under the name SDI Biocarbon Solutions, LLC. Initial plans for the joint venture include the construction and operation of a biocarbon production facility to supply Steel Dynamics' electric arc furnace steel mills with a r
Read more...OLFA® Corporation, a global leader in the utility cutting tools industry, announced today the launch of its SK-16 Quick Change Concealed Blade Safety Knife (#1140922). Engineered for ease of use and safe application, the SK-16 touch-safe blade requires no activation - simply pull through materials to start cutting. The limited blade exposure is designed for optimal hand safety, to prevent cuts and lacerations common with other products. “We are excited about the release of
Read more...29 June 2022
Nextracker LLC, the global market leader in utility-scale solar trackers, and BCI Steel, a Pittsburgh-based steel fabricator, today announced the reopening of the historic Bethlehem Steel manufacturing factory in nearby Leetsdale to produce solar tracker equipment for large-scale solar power plants. The steel processing plant will incorporate both BCI Steel's new and reshored equipment shipped to the U.S. from factories in Malaysia and Brazil. Solar tracker products produced at
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