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Latest Stories

Doubling in profit sees ENRC positive for 2011

Kazakh mining group ENRC (ENRC.L) said underlying profit more than doubled, on record production and demand recovery for its products, and that the global economic outlook is still improving. Underlying EBITDA jumped 118 percent to $3.19 billion, in line with the consensus, as revenue rose 72 percent to $6.60 billion.

Orbite produces first ton of alumina

Exploration Orbite (TSX VENTURE:ORT.A) is pleased to announce that it has successfully produced its first ton of high purity alumina and has done so ahead of schedule and on budget. This first ton was produced at the company's pilot facility in Cap-Chat, QC, using the company's patented process that marks an important technological quantum step forward. "Producing our first ton of high purity alumina is a major breakthrough for Orbite because it proves definitely that the innovative process we have developed is viable and suited to large scale production. It brings us that much closer to a new metallurgical alumina production facility and a high purity alumina production facility with very high added value"

AMG enters into tantalum supply agreements

AMG Advanced Metallurgical Group N.V. (“AMG,” EURONEXT AMSTERDAM: “AMG”) through its Advanced Materials Division, entered into supply agreements with traditional customers for […]