Featured News
OSC Panel approves settlement with Katanga Mining Limited, former and current directors and officers for misleading disclosure and internal control failures
TORONTO, Dec. 18, 2018 /CNW/ - A Panel of the Ontario Securities Commission (OSC) today approved a settlement agreement (the settlement) with Katanga Mining Limited (Katanga), former members of its board of directors Aristotelis Mistakidis, Tim Henderson, and Liam Gallagher, former chief financial officers Jacques Lubbe and Matthew Colwill, former director and chief executive officer (CEO) Jeffrey Best, and current director and CEO Johnny Blizzard (the individual respondents). The settlement is in connection with disclosure violations and internal control failures by Katanga, and conduct by the individual respondents that led to the company making misleading financial disclosure to investors.
MSC Declares Regular Quarterly Dividend
MELVILLE, N.Y. and DAVIDSON, N.C., Dec. 18, 2018 /PRNewswire/ -- MSC INDUSTRIAL SUPPLY CO. (NYSE: MSM), a premier distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America, today announced that its Board of Directors has declared a cash dividend of $0.63 per share. The $0.63 dividend is payable on January 22, 2019 to shareholders of record at the close of business on January 8, 2019. The ex-dividend date is January 7, 2019.
The Mining Equipment Market is Estimated to be USD 77.7 Billion in 2018 and is Projected to Reach USD 112.3 Billion by 2025, at a CAGR of 5.40%
DUBLIN, Dec. 18, 2018 /PRNewswire/ --
CPower Expands into Canada, Awarded Position in Ontario's IESO Demand Response Program
TORONTO, Dec. 18, 2018 /PRNewswire/ -- CPower Energy Management, one of the largest and most successful demand-side energy management companies in the United States, has been awarded a position in Ontario's IESO Demand Response program and will continue to focus on helping their customers address the Global Adjustment costs. The award cements CPower's status as a true North American energy solutions provider.
New Partsmaster Warehouse Expansion Complete
DALLAS, Dec. 18, 2018 /PRNewswire/ -- Partsmaster's brand new state of the art warehouse facility in Greenville, Texas is open for business after six months of construction and renovation.
Kootenay Reports High Gold Recoveries Achieved at Cervantes Gold Project, Sonora, Mexico - Under Option to Aztec Minerals
Completion of 3,649 Hectare Airborne Geophysical Survey
Gian Carlo Alonso awarded 2018 Apogee Award for Chairman of the Year by South Florida Business & Wealth Magazine
MIAMI, Dec. 18, 2018 /PRNewswire/ -- AmeriKooler is honored to announce that Gian Carlo Alonso was recently awarded the 2018 Apogee Award for Chairman of the Year in Miami-Dade County by the South Florida Business and Wealth magazine. The award recognizes the most esteemed leaders in the C-Suite of companies across South Florida.
Katanga Mining Announces Approval of Agreement to Settle Ontario Securities Commission Matters
ZUG, Switzerland, Dec. 18, 2018 /CNW/ - Katanga Mining Limited (TSX: KAT) ("Katanga" or the "Company") today announced that the Ontario Securities Commission (the "Commission") has approved a global settlement agreement between Staff of the Commission and the Company, certain of its former directors and officers and its Chief Executive Officer relating to the previously disclosed investigation by Staff into certain of the Company's historical disclosures.
NxGold Provides Exploration Update on the Mt. Roe Project
VANCOUVER, Dec. 18, 2018 /CNW/ - NxGold Ltd. ("NxGold" or the "Company"), (TSXV: NXN) is pleased to provide additional results from its most recently completed field program at the Mt. Roe Project located in the Pilbara region of Western Australia. Results are now available from gridded soil sampling and prospecting samples from follow-up work on anomalous stream sediment samples as part of the continuing systematic approach to target area identification and drill target refinement at Mt Roe. Results from an initial program at Prinsep are also available. On-going metal detecting work has also identified additional nuggets consistent with our targeting approach.
Computer Aided Technology Partners with MADE St. Louis
BUFFALO GROVE, Ill., Dec. 18, 2018 /PRNewswire/ -- Computer Aided Technology (CATI) partners with MADE, a new community workspace based in St. Louis, MO. MADE launched their new maker space on November 15, 2018 with a ribbon cutting ceremony. Over 700 makers, artists, designers, and entrepreneurs of the greater St. Louis area were present to see the new technology available to them. The MADE mission is to cultivate local creativity, foster curiosity, and support diversity in creative practice. The MADE community, with all levels of experience ranging from experts to novice users, believes that creation is a way of life and we are each driven by a basic need to shape the world around us.
Mirasol Grants Compensation Securities
VANCOUVER, Dec. 18, 2018 /CNW/ - Mirasol Resources Ltd. (TSX-V: MRZ, OTCPK: MRZLF) (the "Company" or "Mirasol") announced the annual grant of stock options under its Equity Incentive Plan. A total of 397,500 options were granted to directors, officers, employees and consultants, which are exercisable at $1.10 per share for a period of three years.
Rusoro Mining Provides Update on Initial Payment from Bolivarian Republic of Venezuela
Trading symbol (TSX-V): RML
Steel Dynamics Provides Fourth Quarter 2018 Earnings Guidance and Annual 2018 Record Earnings Expectations
FORT WAYNE, Ind., Dec. 18, 2018 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided fourth quarter 2018 earnings guidance and expectations for record annual 2018 earnings.
X-Terra Resources completes a successful VTEM survey on its 100% owned Ducran property and announces results of its annual and special meeting of shareholders
ROUYN-NORANDA, QC, Dec. 18, 2018 /CNW Telbec/ - X-Terra Resources Inc. (TSXV: XTT) (FRANKFURT: XTR) ("X-Terra") is pleased to report the completion of a significant helicopter-borne electromagnetic (''VTEM'') survey on its wholly-owned Ducran project, acquired in 2017. The Ducran property is comprised of 66 mining claims covering a surface area of approximately 36 km(2). The Ducran property is located approximately 14 kilometres to the South of the town of Chapais in the Province of Québec and is easily accessible by a series of logging roads.
Monarques Consolidates its Position Around its Wasamac Property
MONTREAL, Dec. 18, 2018 /CNW/ - MONARQUES GOLD CORPORATION ("Monarques" or the "Corporation") (TSX: MQR) (OTCMKTS: MRQRF) (FRANKFURT: MR7) is pleased to report that it has consolidated its position around its Wasamac property through an exchange of mineral claims with Globex Mining Enterprises Inc. ("Globex") (TSX: GMX).
Sun Metals Announces Amendment to Stardust Project Option Agreement
VANCOUVER, Dec. 18, 2018 /CNW/ - Sun Metals Corp. ("Sun Metals" or the "Company") (TSXV: SUNM) announces it has entered into an amendment to the Stardust Project option agreement (the "Option Agreement") between Sun Metals and Lorraine Copper Corp. ("Lorraine Copper").
CRU Launches Annual Economics Survey for Outlook in 2019
LONDON, Dec 18, 2018 /PRNewswire/ --
Luxfer Holdings to Acquire Neo Performance Materials

Creates a US$947 million revenue global manufacturer of highly-engineered advanced materials.
Accretive transaction extends Luxfer's reach in higher growth end-markets and geographies.

Saudi Arabia Air Compressor Market Report 2014-2024F
DUBLIN, Dec. 18, 2018 /PRNewswire/ --
Mithril Resources Limited (ASX:MTH) Rights Issue Closure and Shortfall Notification
Mithril Resources Ltd ("Mithril" or the "Company") (ASX:MTH) has completed a capital raising comprising a Placement and a subsequent fully underwritten non-renounceable pro-rata rights issue ("Rights Issue") to raise a total of $1,110,231 (before costs).
EnGold Arranges $280,000 Financing
VANCOUVER, Dec. 17, 2018 /CNW/ - David H. Brett, President & CEO, EnGold Mines Ltd., (TSX-V: EGM, "EnGold" or the "Company") reports that the Company has arranged a non-brokered private placement of up to 2,000,000 flow-through units at $0.14 per unit, whereby each unit will consist of one flow-through common share and one warrant to purchase one non flow-through share at a price of $0.20 for a period of one year for gross proceeds of $280,000, subject to the approval of the TSX Venture Exchange. The proceeds will be used to further explore the Company's 100% owned Lac La Hache Property in the Cariboo region of BC.
Rumble Resources Ltd (ASX:RTR) Drilling Commences at Munarra Gully Copper-Gold Project
Rumble Resources Ltd (ASX:RTR) ("Rumble" or "the Company") is pleased to announce that Rumble has commenced air core drilling following up the significant Cu-Au discovery at the White Rose Prospect in 2018 and completed infill and extension lag sampling to cover the 8km of strike potential. The Munarra Gully Project is located some 50km NNE of the town of Cue within the Murchison Goldfields.
ATS Announces Life Sciences Enterprise Order Booking
CAMBRIDGE, ON, Dec. 17, 2018 /CNW/ - ATS Automation Tooling Systems Inc. (TSX: ATA) ("ATS" or the "Company"), an industry-leading automation solutions provider, today announced it has received an enterprise Order Booking from a global life sciences customer.
Intermin Resources Limited (ASX:IRC) Anthill Resource Grows 60% to over 125,000 Ounces
Intermin Resources Limited (ASX:IRC) ("Intermin" or the "Company") is pleased to announce an updated Mineral Resource Estimate for the 100% owned Anthill gold project area located 55km northwest of Kalgoorlie-Boulder in Western Australia (see Figures 1 and 2 in link below).
Mason Resources Shareholders Approve Plan of Arrangement With Hudbay Minerals
VANCOUVER, Dec. 17, 2018 /PRNewswire/ - Mason Resources Corp. (TSX: MNR; OTCQB: MSSNF - "Mason" or the "Company") announces the voting results from today's special meeting (the "Meeting") of the holders (the "Shareholders") of common shares of the Company (the "Common Shares"). At the Meeting, the Shareholders were asked to consider and, if deemed advisable, pass a special resolution (the "Arrangement Resolution") approving a plan of arrangement with Hudbay Minerals Inc. ("Hudbay") under Part 9, Division 5 of the Business Corporations Act (British Columbia) (the "Arrangement") whereby Hudbay will acquire all of the issued and outstanding Common Shares it does not already own for C$0.40 per Common Share.
Formica Group Acquired by Broadview Industries
CINCINNATI, Dec. 17, 2018 /PRNewswire/ -- Fletcher Building announced today the sale of Cincinnati-based Formica Group to Broadview Industries, a Netherlands-based industrial firm with a significant presence in high-pressure laminate and associated product lines. The sale includes Formica businesses in North America, Europe, and Asia, as well as its Homapal metal laminates business.
Growth Trends Predicted for the Winch and Crane Industry
WINONA, Minn., Dec. 17, 2018 /PRNewswire/ -- Thern Inc. released a report today for the Industrial and Water/Wastewater market segments that predicts steady growth in the need for winches and cranes.
Aldridge Extends "Outside Date" of Arrangement Agreement
ZEISS introduces new entry-level SPECTRUM CMM with latest scanning technology
MAPLE GROVE, Minn., Dec. 17, 2018 /PRNewswire/ -- ZEISS Industrial Quality Solutions announces the new, affordable SPECTRUM bridge-type coordinate measuring machine (CMM) line. Using the latest ZEISS software, scanning sensor and machine technology, these economical systems are designed to easily handle everyday measurement applications.
TMS International Dedicates, Opens EPS Plant In Chile
PITTSBURGH, Dec. 17, 2018 /PRNewswire/ -- TMS International recently dedicated and began operation of a new Extruded Product Services (EPS®) plant at the CAP Acero Steel operation in Concepción, Chile. This marks TMS' first operation in Chile.
AuctionTime.com Gears up for its Biggest Online Auction to Date
LINCOLN, Neb., Dec. 17, 2018 /PRNewswire/ -- AuctionTime.com will hold its biggest-ever online auction this week. With over 3,800 assets for sale in total, this week's record-setting, online-only sale will include more than 500 trucks, 800 pieces of construction equipment, and 1,600 pieces of agriculture equipment. The sale will extend over two full days, with pre-bidding starting today at 5 p.m. (CST).
Cornwell® Quality Tools Becomes Official Tool of John Force® Racing
WADSWORTH, Ohio, Dec. 17, 2018 /PRNewswire/ -- Cornwell Quality Tools announced that they have entered into a partnership with John Force Racing. Cornwell Quality Tools, a family-owned business since its inception, will become the official tools of the 20-time NHRA world championship John Force Racing team starting in 2019. Founded by Eugene Cornwell in 1919, Cornwell Quality Tools will be celebrating 100 years as "The Choice of Professionals®" when it joins John Force Racing during the 2019 24-race NHRA Mello Yello Drag Racing Series season.
Ritchie Bros. wins multiple leadership awards in its 60th anniversary year
Ravi Saligram recently recognized as one of the Executives of the Year from the Best in Biz Awards and as B.C. CEO of the Year from Business in Vancouver
GoGold Achieves One Million Hours Without Loss Time Accident
Trading Symbol: TSX: GGD
Newly Unveiled Steel-Intensive Vehicles Make An Impression In 2018
DETROIT, Dec. 17, 2018 /PRNewswire/ -- Many 2019 model year vehicles introduced in 2018 share a common attribute: an advanced high-strength steel (AHSS) structure. More than 65 AHSS-intensive vehicles debuted at major auto shows across the country this year. AHSS was represented in the composition of every vehicle segment and size, including the popular SUV, CUV and truck markets.
Azimut and Partners announce Drilling Results from Eleonore South Gold Property, James Bay region, Quebec
Symbol: AZM. TSX Venture
Notice from the Office of the Secretary - Ontario Securities Commission
Bedford Releases Report on Compensation in the Mining Industry
TORONTO, Dec. 17, 2018 /CNW/ - The Bedford Consulting Group Inc. today released its ninth annual survey of executive and board compensation in the mining industry.
Katanga Mining Announces Ontario Securities Commission Hearing to Approve Settlement Agreement
ZUG, Switzerland, Dec. 17, 2018 /CNW/ - Katanga Mining Limited (TSX: KAT) ("Katanga" or the "Company") today announced that the Ontario Securities Commission (the "Commission") has issued a Notice of Hearing to consider the approval of a global settlement agreement between Staff of the Commission and the Company, certain of its former directors and officers and its Chief Executive Officer relating to the previously disclosed investigation by Staff into certain of the Company's historical disclosures.
Newcrest Mining Limited Announces Acquisition of Ordinary Shares of SolGold Plc
MELBOURNE, Australia, Dec. 17, 2018 /CNW/ - Newcrest Mining Limited ("Newcrest") announced today that it had agreed to acquire through its wholly owned affiliate, Newcrest International Pty Ltd, an aggregate of 27,870,000 Ordinary Shares (the "Acquired Shares") of SolGold Plc ("SolGold"), pursuant to securities purchase agreements entered into with third parties on December 14, 2018. The Acquired Shares are being acquired for cash consideration at a price of £0.40 per Acquired Share for total consideration of £11,148,000. Assuming an exchange rate of 1.6894 Canadian dollars per one pound sterling, the purchase price per Acquired Share is $0.6757, and $18,833,431.20 in the aggregate.
Aurion Discovers New Style of Gold Mineralization at Risti Project
ST. JOHN'S, Dec 17, 2018 /CNW/ - Aurion Resources Ltd. (TSXV: AU) ("Aurion" or the "Company") is pleased to provide an update on trenching results at its Risti Project in northern Finland.
AMETEK Completes Private Placement Offering
BERWYN, Pa., Dec. 17, 2018 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) announced that it has entered into an agreement to sell the equivalent of approximately $660 million in Senior Notes in a private placement with institutional investors at a weighted average interest rate of 3.93% and a weighted average maturity of 8.2 years. Proceeds from the offering will be used to provide capital to support our growth strategies and repay existing debt.
Magellan Conducts Bulk Test at SDA Mill for Toll Milling Contract
RENO, Nevada, December 17, 2018 /PRNewswire/ --
Silver Viper Acquires La Virginia Gold-Silver Concessions in Sonora, Mexico from Pan American Silver Corp
VANCOUVER, Dec. 17, 2018 /CNW/ - Silver Viper Minerals Corp. (the "Company" or "Silver Viper") (TSX-V: VIPR) is pleased to announce that it has acquired three large mineral concessions totaling 35,598 hectares ("ha") that comprise part of the La Virginia Gold-Silver Project in Sonora, Mexico, from a subsidiary of Pan American Silver Corp. ("Pan American") pursuant to an assignment agreement dated December 14, 2018 (the "Assignment Agreement"). The Assignment Agreement, combined with the previously announced option agreements providing Silver Viper with rights to acquire 2,102 ha of concessions (the "Optioned Properties") from certain third parties (see June 22, 2018 news release), has allowed Silver Viper to consolidate its land holdings into a single La Virginia Gold-Silver Project. The La Virginia Gold-Silver Project is situated in the prolific Sierra Madre Occidental region of eastern Sonora State, Mexico. A map detailing the land positions is provided on the Silver Viper website.
Mawson Announces Constrained 424,000 oz Gold Equivalent Inferred Mineral Resource for the Rajapalot Project, Finland
Resource Grade of 3.1 g/t Gold Equivalent Comprising 2.3 g/t gold, 430 ppm cobalt