Press Releases
Trigon Metals Inc. is pleased to announce highlights of its May 2024 underground production at Kombat and provides production guidance for the remainder of its 2025 financial year May 2024 Production Update At the Kombat mine, May 2024 was marked by several record-breaking underground mining days, leading to a production average of 12.1 tonnes of copper per day. Underground ore mined for the month totalled 19,664 tonnes at an average grade of 2.16%, leadin
Read more...U.S. Gold Corp. today announced that its wholly owned subsidiary, Gold King Corp., has been issued its Wyoming Pollutant Discharge Elimination System Permit, dated May 31, 2024 from the Director of the Wyoming Department of Environmental Quality satisfying one of the conditions associated with the recently granted Surface Gold Mine Permit for the CK Gold Project. In commenting on the approval, George Bee, President, CEO and Director of U.S. Gold said, "Issuance of the Water Dis
Read more...Olympic Steel Inc. a leading national metals service center, today recognized two significant milestones in the Company’s history the 50th anniversary of Executive Chairman, Michael D. Siegal, and the Company’s 70th year in business. Olympic Steel began in 1954 as a steel distribution partnership between two brothers, Sam Sigel and Sol Siegal. The business, an initial joint investment of $17,000, was run from a rented warehouse in Cleveland, Ohio. In 1974
Read more...13 June 2024
British Steel is looking forward to exhibiting once again at Rail Live, the UK’s largest and only immersive rail exhibition. Held over 19 and 20 June at Porterbrook's Long Marston Rail Innovation Centre in Warwickshire, the event will welcome 6,000 plus rail professionals to explore the latest innovations in the sector. The Rail team will be welcoming visitors on Stand S19, showcasing our premium rail products and services as well as discussing how we are helping
Read more...The Company confirms that it will continue with the announced closure of the heavy-end assets and restructuring programme at Port Talbot in the coming months. Over the last three years, Tata Steel, part of India’s Tata Group, one of the UK’s largest private sector investors, and the UK Government have worked hard to develop a sustainable future for Tata Steel UK and the Port Talbot Plant. We are therefore apprehensive reading UK media reports suggesting that th
Read more...12 June 2024
G Mining Ventures Corp. is pleased to provide an update on commissioning progress at GMIN's 100%-owned Tocantinzinho Gold Project in the State of Pará, Brazil. TZ is engineered to produce approximately 175,000 ounces of gold annually over its initial 10.5-year mine life and is on track and on budget for commercial production in H2-2024. Ore was introduced into the grinding circuit on June 10 after GMIN received the hot commissioning permit from the Pará State
Read more...Rio Tinto has agreed to acquire Mitsubishi Corporation’s 11.65% interest in Boyne Smelters Ltd which owns and operates the Boyne Island aluminium smelter in Gladstone, Australia. On completion of this transaction, and the recent agreement to acquire Sumitomo Chemical Company’s 2.46% interest in BSL, Rio Tinto’s interest in BSL will increase to 73.5%. The acquisition, which is for an undisclosed price, is subject to various conditions precedent, including
Read more...Alcoa Corporation Executive Vice President and Chief Financial Officer Molly S. Beerman will participate in a webcast session at the JP Morgan 2024 Energy, Power & Renewables Conference in New York, New York, on Tuesday, June 18, 2024. At 9:10 a.m. EDT, Beerman will participate in a question-and-answer session regarding Alcoa’s business, the announced acquisition of Alumina Limited, and outlook in the current market, including factors that could affect the Company’s
Read more...10 June 2024
The report 'Metal Recycling Market by Type (Ferrous Metals, Non-Ferrous Metals), Scrap Type (Old Scrap, New Scrap), Equipment Used (Shredder, Shear, Granulation Machine, Briquetting Machine), End-Use Industry, and Region - Global Forecast to 2029', size is projected to grow from USD 551.9 billion in 2024 and is projected to reach USD 767.9 billion by 2029, at a CAGR of 6.8%. The market is expected to grow alongside the expanding demand from various end-users of metal r
Read more...7 June 2024
Monport Canada is proud to announce the GA Series MOPA Fiber Laser Engraver. This revolutionary machine empowers businesses and creators to unlock a world of possibilities for fiber laser Canada. The MOPA Advantage: Unmatched Versatility and Precision The GA Series features a MOPA (Mode-locked Pulse Advantage) fiber laser engraver, a cutting-edge technology that delivers exceptional performance and versatility. Unlike traditional CO2 lasers, MOPA fiber las
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