Nucor acquires Mexican precision castings company POK

(adsbygoogle = window.adsbygoogle || []).push({}); Nucor acquisition of POK : US steel producer Nucor has acquired a Mexican precision castings company Corporation POK which has a facility in Guadalajara. POK is engaged in production of complex castings and precision machined products to original equipment manufacturers in industries like More...

by Soujanya Ravi | Published 1 month ago
By businessnewstoday On Thursday, November 29th, 2018
0 Comments

Rio Tinto to move ahead with $2.6bn Koodaideri iron ore mine in Pilbara

Mining giant Rio Tinto is all set to move ahead with the development of its 100% owned Koodaideri iron ore mine in Australia with an investment of A$3.5 billion ($2.6 billion) with an objective to draw 43 million More...

By Soujanya Ravi On Sunday, September 30th, 2018
0 Comments

New Gold to sell Mesquite gold mine in California to Equinox Gold

Equinox Gold acquisition of Mesquite gold mine : New Gold has announced the sale of the Mesquite gold mine in California to rival Canadian mining company Equinox Gold for $158m in an all-cash transaction.  More...

By Soujanya Ravi On Saturday, September 1st, 2018
0 Comments

Rio Tinto inaugurates A21 diamond pipe at Diavik Diamond Mine in Canada

Global mining company Rio Tinto has officially opened a new diamond pipe named A21, built with an investment of $350 million, at the Diavik Diamond Mine in Canada. A21 is now the fourth diamond pipe at the Diavik More...

By businessnewstoday On Sunday, August 26th, 2018
0 Comments

Tahoe Resources cuts 200 more jobs at Escobal silver mine in Guatemala

Tahoe Resources, a US-based precious metals producer, said that it has dismissed nearly 200 employees at its troubled Escobal silver mine in Guatemala where mining operations had been suspended for more than a year. The More...

By businessnewstoday On Sunday, July 1st, 2018
0 Comments

Tata Steel, thyssenkrupp sign deal to form European steel joint venture

Indian steel company Tata Steel and German multinational conglomerate thyssenkrupp have signed agreements to merge their European steel businesses – Tata Steel Europe and thyssenkrupp Steel Europe, respectively More...

By businessnewstoday On Wednesday, June 20th, 2018
0 Comments

BHP to divest Cerro Colorado copper mine in Chile to EMR Capital

Mining industry news : BHP , an Australia-based global resources company will sell its Cerro Colorado copper mine in Chile to EMR Capital, a Hong Kong-based specialist resources private equity manager to potentially More...

By businessnewstoday On Sunday, June 17th, 2018
0 Comments

BHP and partners to proceed with South Flank iron ore project in Australia

Mining industry news : Australian mining company BHP is all set to move ahead with the development of the South Flank iron ore project in the central Pilbara region in Western Australia after its board approved More...

By businessnewstoday On Saturday, April 7th, 2018
0 Comments

SoftBank to invest $77m in Canadian lithium mining company Nemaska Lithium

Mining industry news : Japan’s SoftBank Group has agreed to acquire a stake of up to 9.9% in Nemaska Lithium, a Canadian lithium mining company for C$ 99.1 million ($77.7 million). Through the investment in the More...

By businessnewstoday On Sunday, April 1st, 2018
0 Comments

Rio Tinto to exit coal mining business with sale of Kestrel coal mine for $2.25bn

Mining industry news : Rio Tinto is all set to exit from coal mining business by selling its 80% stake in the Kestrel coal mine in Queensland to a consortium of EMR Capital and Indonesian coal producer Adaro Energy, More...