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Specialty Mining & Metals

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Shenyang Hejin Holding to set up medical institutions management and consulting unit

2:44am EDT

Shenyang Hejin Holding <000633.SZ>: Says it will use 5 million yuan to set up a wholly owned subsidiary in Suzhou .Says the new subsidiary will be engaged in management and consulting of medical institutions.

Western Metal Materials signs cooperation memorandum with Caihong Group Corp

2:20am EDT

Western Metal Materials Co Ltd <002149.SZ>: Says the co signed cooperation memorandum with Caihong Group Corp .Says two parties will cooperate on development of the co's products and application of national projects.

Padaeng Industry says Mae Sod Mine finished operations in June

Wednesday, 27 Jul 2016 11:46pm EDT

Padaeng Industry PCL : Mae Sod Mine finished operations in June; PDI ceased zinc ore production from Mae Sod Mine . PDI to invest in Padaeng Zinc Mine Museum and a pagoda, with expected completion within next year . In 2016, PDI will produce and sell 70,000 tons of zinc metal .

Innuovo Technology to set up intelligent fire-fighting equipment unit

Wednesday, 27 Jul 2016 10:22pm EDT

Innuovo Technology Co Ltd <000795.SZ>:Says it to invest 50 million yuan to set up a wholly owned intelligent fire-fighting equipment subsidiary in Zhejiang.

Galaxy Resources updates on acquisition of General Mining shares

Wednesday, 27 Jul 2016 09:53pm EDT

Galaxy Resources Ltd : General mining corp ltd - gxy: takeover offer unconditional . Made off-market takeover bid unconditional for all of the fully paid ordinary shares in General Mining Corporation . Galaxy urges General Mining shareholders to accept offer to convert their shareholding in General Mining to shareholding in galaxy" . Conversion of shareholding at the ratio of 1.65 galaxy shares for every 1 General Mining share .

MMG expects to produce 250,000-300,000 tonnes of copper in copper concentrate at Las Bambas in 2016<1208.HK>

Wednesday, 27 Jul 2016 08:17pm EDT

MMG Ltd <1208.HK>: MMG expects c1 costs to be within range of us$1.00-1.10/lb for Las Bambas for second half 2016 . MMG-second quarter production report for the three months ended 30 june 2016 . MMG expects to produce 250,000-300,000 tonnes of copper in copper concentrate at Las Bambas in 2016 .2016 guidance maintained.

Western Mining's H1 net profit down 26.3 pct y/y

Wednesday, 27 Jul 2016 06:33am EDT

Western Mining Co Ltd <601168.SS> :Says H1 net profit down 26.3 percent y/y at 306.9 million yuan ($46.02 million).

Outotec Q2 EBIT loss EUR 1 million, smaller than expected

Wednesday, 27 Jul 2016 06:00am EDT

Outotec Oyj : Q2 order intake 281 million euros ($309.04 million) versus 280 million euros in Reuters poll . Q2 sales 268 million euros (Reuters poll 261 million euros) . Q2 EBIT loss 1 million euros (Reuters poll loss 2.1 million euros) . Financial guidance for 2016: sales reiterated, profitability guidance range narrowed . Now sees 2016 adjusted EBIT to be about 2-4 pct (previously 2-5 pct) . Sees 2016 sales to be about 1.0 - 1.2 billion crowns . Says market outlook in mining and metals industry remains weak, sees service demand to be weaker as well . Says it is increasingly difficult to finalize projects and collect overdue receivables .Will continue its saving efforts.

Sichuan Western Resources Holding scraps memorandum for asset swap

Wednesday, 27 Jul 2016 03:18am EDT

Sichuan Western Resources Holding Co Ltd <600139.SS>:Says the co scraps memorandum for asset swap, disclosed on Nov. 12, 2015 and Nov. 13, 2015.


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