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Komatsu America Corp. Expands Its intelligent Machine Control Dozer Family

http://www.komatsuamerica.com/images/JobStory/D51PXi-22.jpgKomatsu America Corp. recently introduced the D51EXi/PXi-22, the latest Komatsu intelligent Machine Control dozer for the North American market. With its fully automatic blade control capabilities, the D51i-22 dozer performs both automated rough dozing and finish grading.

“The D51i-22 brings the same intelligent Machine Control technology to another key class size, which has made the Komatsu D61i-23 such a success,” states Peter Robson, director of Intelligent Machine Controls. “The simplicity of operation, efficiency improvement and greater value are hallmarks of the quality that customers expect from Komatsu.”

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New Continental Tire Plant in Sumter, South Carolina Now Officially Open

  • Grand Opening event featured Governor Nikki Haley, Germany’s Ambassador to the United States and several hundred guests
  • Investment will amount to more than $500 million, Approximately 1,600 new jobs
  • Annual production capacity of eight million tires when full production level reached

Continental Tire the Americas, LLC (CTA) recently celebrated the grand opening of its all-new plant in Sumter, South Carolina. The ceremony marked the completion of the construction process and the beginning of tire manufacturing.

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Silver Standard to Purchase Marigold Mine

Silver Standard Resources Inc. (NASDAQ: SSRI) announces today that it has entered into a Purchase and Sale Agreement with subsidiaries of Goldcorp Inc. (NYSE: GG) and Barrick Gold Corporation (NYSE: ABX) to purchase 100% of the Marigold mine, a producing gold mine in Nevada, USA for cash consideration of $275 million.

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GE Capital Provides $72.5 Million in Acquisition Financing To Support Formation of Permian Basin Materials, LLC

GE Capital, Corporate Finance announced it is serving as administrative agent on $72.5 million of senior secured credit facilities to Permian Basin Materials, LLC (PBM), a newly formed affiliate of WL Ross & Co. LLC (WL Ross). The credit facilities are being used to support the simultaneous acquisitions of Crockett County Mining, Ltd., Highland Concrete Co., and Wallach Concrete, Inc., and for ongoing working capital needs.

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Sustainable solution found for Steel Americas – ThyssenKrupp to end shareholding links with Outokumpu – capital increase of up to 10 percent planned

  • ThyssenKrupp sells rolling and coating plant in the USA and signs long-term slab supply contract for Brazil
  • Settlement of financial receivable from Outokumpu - transfer of VDM and AST planned
  • Adjusted EBIT from continuing operations excluding Steel Americas €1.1 billion
  • Adjusted EBIT from continuing operations including Steel Americas up 50 percent to €599 million
  • Efficiency enhancement targets exceeded by 20 percent: savings of €600 million
  • Free cash flow at €600 million positive for first time in six years
  • Net financial debt at reporting date reduced by around €800 million
  • Loss significantly reduced to €1.5 billion

Despite once again reporting a loss of €1.5 billion, ThyssenKrupp AG made important progress on its way to becoming a diversified industrial group in fiscal 2012/13. The operating targets for the continuing operations with regard to efficiency enhancement, earnings and cash flow were achieved or exceeded. Net financial debt at the reporting date (September 30) was significantly reduced. At the same time ThyssenKrupp achieved a sustainable solution for the Steel Americas business area.

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Capstone Mining Provides Update on Pinto Valley Acquisition

Capstone Mining Corp. (TSX: CS) announced yesterday that all conditions to the completion of the previously announced acquisition of the Pinto Valley copper mining operation and the associated San Manuel Arizona Railroad Company have now been met and Capstone and BHP Billiton will now proceed to close the transaction with a target date of October 11, 2013.

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Coronet Metals Completes Construction at Liberty, Commences Commissioning

Coronet Metals Inc. (TSXV: CRF) (OTCQX: CORMF) (FWB: 2CM) announce that it completed construction at its Liberty Gold Processing Facility in Amargosa Valley, Nevada. The custom circuit to process gold concentrates is now being commissioned with commercial production expected before the end of October.

The gravity, magnetic separation and grinding circuits have been commissioned and are working well. The agitated leach, filtration and Merrill-Crowe circuits are complete and have been water tested.

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Global Player from Duisburg at bauma 2013: For 25 years, allmineral supplies innovative processing technology increasingly in demand throughout the world

From copper processing in Queensland, Australia, to sorting hematite iron ore in Brazil’s »Iron Quadrangle«, from jigging machines in the Pilbara region to magnetic separators in the Indian Sarda mines: allmineral’s innovative solutions play a key role in the state of the art   processing of raw materials around the world.

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