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Silver Bear Completes $20 Million Financing for Development of Mangazeisky Silver Project, Russia
March 31, 2016
Silver Bear Resources Inc. has completed financing of US$20,000,000 for development activities at the company’s Mangazeisky silver project located in Yakutia, Russia. “Once again we would like to thank our major shareholders for their continued support. We appreciate the confidence
Cummins and Olayan Form Middle East Joint Venture
March 30, 2016
Cummins Inc. and The Olayan Group have joined to form Cummins Arabia, a 50:50, three-country distribution joint venture company in the Middle East. This joint venture consolidates the distribution of Cummins products in the United Arab Emirates (UAE), Saudi Arabia
ENPAR Enters Sales, Marketing Agreement With CHEMSBRO for Water Treatment Technologies, Saudi Arabia
March 30, 2016
ENPAR Technologies Inc. has granted CHEMSBRO of the Kingdom of Saudi Arabia (KSA) an exclusive agency agreement for the Gulf Cooperation Council (GCC) countries and other strategic territories in the Middle East. With the recent validation of ENPAR’s water treatment
Kombat Copper Progresses Towards Production at Kombat Mine, Namibia
March 30, 2016
Kombat Copper Inc. is progressing towards production at the Kombat Mine. Kombat Copper’s local mining contractor, EBM Mining Namibia (Pty) Ltd., has been active at the mine site and have identified which activities and tasks are necessary to recommence mining
Dark Horse Resources Raises Funds to Develop Its Coal-fired Power Station, Argentina
March 30, 2016
Dark Horse Resources Ltd , formerly known as Navaho Gold, has raised $515,366 at $0.004 per share, for the development of its coal fired power station project in Argentina. The capital raising was carried out as a private placement to
Malakoff Commissions Tanjung Bin Energy Coal-fired Power Plant, Malaysia
March 29, 2016
Independent water and power producer Malakoff has commissioned the 1,000MW Tanjung Bin energy power plant located in Johor, Malaysia. Located adjacent to the Malakoff’s existing 2,100MW coal-fired Tanjung Bin power plant (TBPP), the new power plant, also known as T4,
Bhel Commissions 600MW Unit at Singareni Thermal Power Plant in Telangana, India
March 29, 2016
India’s state-owned utility Bharat Heavy Electricals (Bhel) has commissioned the first 600MW unit at the Singareni thermal power project in Telangana state. Featuring two units, each with a capacity of 600MW, the Singareni coal-based thermal power plant is being developed
Grafoid Signs MOU With Xiamen Tungsten to Develop Graphene Based Applications in China
March 29, 2016
Grafoid Inc. has signed a memorandum of understanding (MOU) with Xiamen Tungsten CO. Ltd., of Xiamen, China, for the establishment of a strategic joint venture partnership. The MOU establishes terms for Xiamen’s acquisition of up to a 20 percent equity
ALROSA Expands Into Vladivostok, Russia
March 29, 2016
ALROSA will open a branch in Vladivostok. It is the first step on the way to creating Russian Diamond Center in the Primorye Territory. The branch will define the range of potential participants and investors to create Russian Diamond Center
19 Fatalities in Coal Mine Accident in Northern China
March 29, 2016
Chinese state media is reporting 19 miners have been killed in a coal mine accident in northern China. The official Xinhua News Agency said Thursday that the accident happened Wednesday night on an underground platform. The brief report cited the
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