Featured News
Orion Mine Finance Disposes of Shares of Stornoway Diamond Corporation
TORONTO, April 25, 2019 /CNW/ - Orion Mine Finance announced today that Orion Co-Investments I LLC ("Orion Equity Co-Invest"), a company managed by Orion Mine Finance Management I Limited ("Orion"), entered into a sale agreement for the disposition of 90,000,000 common shares ("Common Shares") of Stornoway Diamond Corporation ("Stornoway") for aggregate consideration of $3,600,000 or $0.04 per Common Share. After the transaction, Orion, through Orion Equity Co-Invest, owns 22,083,596 Common Shares. In addition, Orion, through Orion Co-Investments I (Convert) LLC, another entity managed by Orion, holds US$20,500,000 aggregate principal amount of convertible debentures of Stornoway, which are convertible into Common Shares at any time prior to maturity on July 8, 2021 at a conversion rate of US$0.8863. Assuming conversion of the convertible debentures, Orion's securityholding percentage in the Common Shares is 4.45%. This represents a decrease of 8.87% from Orion's securityholding percentage of 13.32% immediately prior to the transaction.
Turquoise Hill Responds to SailingStone
VANCOUVER, April 25, 2019 /CNW/ - Turquoise Hill Resources Ltd. ("Turquoise Hill") (TSX: TRQ) today responded to a recent open letter to shareholders from SailingStone Capital Partners LLC ("SailingStone").
Eros Resources Corp. Takes Equity Position in Owl Capital Corp. in Exchange for Assets
VANCOUVER, April 25, 2019 /CNW/ - Eros Resources Corp. (TSX.V: ERC) ("Eros" or the "Company") is pleased to announce that it has signed a term sheet dated April 10, 2019 (the "Agreement") with Owl Capital Corp. ("Owl" TSX-V: OCC.P) regarding the sale of the Company's interests in the Oro Cruz and Eastgate projects as well as Eros' shareholding and warrant position in Bullfrog Gold Corp.
Deep Yellow Limited (ASX:DYL) Nova JV Annual Budget Approved & Follow-Up Drilling Complete
Deep Yellow Limited (ASX:DYL) is pleased to advise that Japan Oil, Gas and Metals National Corporation (JOGMEC), who are sole funding the Nova Joint Venture (Nova JV) in Namibia, have approved a program and budget of $1.05M over the next 12 months for the period ending 31 March 2020.
White Rock Minerals Ltd (ASX:WRM) Airborne Geophysics Survey Commences at Red Mountain
Diversified explorer and near-stage producer, White Rock Minerals Ltd (ASX:WRM), in conjunction with its joint venture partner Sandfire Resources NL (ASX:SFR) (Sandfire) is pleased to announce the commencement of a comprehensive airborne electromagnetic (EM) geophysical survey being flown at the Company's globally significant Red Mountain high-grade zinc and precious metals VMS project in central Alaska.
Europa Manufacturing, Inc. - Precision Metal Fabrication Announces New Partnership, Industry Recognition and Technology Sponsorship
BOCA RATON, Fla., April 25, 2019 /PRNewswire/ -- Europa Manufacturing, Inc, a wholly owned subsidiary of SenTech EAS Corporation and a premier Global OEM supplier of precision metal fabrication located in Boca Raton, Florida, announces Partnership with Axis Communications, SFMA Industry Recognition and FIRST Robotics Technology Sponsorship.
Taseko's Florence Copper Produces +99.9% Copper Cathode in First Harvest
VANCOUVER, April 25, 2019 /PRNewswire/ - Taseko Mines Limited (TSX: TKO; NYSE American: TGB) ("Taseko" or the "Company") is pleased to announce that a first harvest of 3,700 pounds of copper cathode (32 sheets x 117 pounds), was made at the Florence Copper Project. The copper cathode has been assayed at higher than 99.9% copper by Minerals Technology, LLC, an independent laboratory.
Solway Investment Group Offers Euromax Resources Ltd. and the Ilovica-Shtuka Project a Better Path Forward
ZUG, Switzerland, April 25, 2019 /PRNewswire/ -- Solway Investment Group GmbH (Solway) today announced that it has delivered a proposal to Euromax Resources Ltd. (TSX: EOX) (Euromax), which will address Euromax's long-term financing and development requirements (the Solway Proposal) and provides feasible solution to the environmental and social issues the project has faced with.
Talisker to Commence Trading on April 26th
TORONTO, April 25, 2019 /CNW/ - Talisker Resources Ltd. (formerly, Eurocontrol Technics Group Inc.) (CSE: TSK) ("Talisker") is pleased to announce that its common shares will commence trading on the Canadian Securities Exchange (the "CSE") at the open of markets on April 26, 2019 under the ticker symbol "TSK".
Aleris to Announce First Quarter 2019 Financial Results on May 8
CLEVELAND, April 25, 2019 /PRNewswire/ -- Aleris is scheduled to announce first quarter 2019 financial results on Wednesday, May 8, 2019.
EY Canadian Mining Eye index sees a positive start to the year
Sources available to discuss first quarter mining and metals trends
Pre-Concentration Tests of Low-Grade Gold Mineralization at Granada Gold Mine Shows Potential to Deliver Higher Grade Concentrate
ROUYN-NORANDA, QC, April 25, 2019 /CNW/ - Granada Gold Mine (TSX-V: GGM) ("Granada Gold" "GGM" or the "Company") is pleased to report on the latest encouraging results from a new two-stage gravity concentration process. Low grade gold mineralization of 1.01 g/t was upgraded in the test to 67.99 g/t.
Caterpillar to Offer Audio Webcast of 2019 Investor Meeting
DEERFIELD, Ill., April 25, 2019 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) will offer a listen-only, audio webcast of its meeting with financial analysts and institutional shareholders, to be held on Thursday, May 2, 2019, beginning at 1 p.m. EDT in Clayton, N.C. Caterpillar Chairman and CEO Jim Umpleby and members of Caterpillar's Executive Office will provide a review of Caterpillar's business and enterprise strategy.
Shine Drill Program Targets High-Grade Zinc and Silver at Watts Lake, Saskatchewan
Avesoro Resources Inc. - Results of Annual General Meeting of Shareholders
At bauma 2019, XCMG Builds Towards A Better Future with Smart Equipment and Solutions
MUNICH, April 25, 2019 /CNW/ -- XCMG has concluded a successful exhibition at bauma 2019 in Munich, Germany, highlighting new technologies, cutting-edge products, complete construction solutions and Intelligent Manufacturing (IM) achievements at the world's largest construction trade fair.
Zeus Wins NorthFace ScoreBoard Award(SM) Second Year in a Row for Customer Service Excellence
ORANGEBURG, S.C., April 25, 2019 /PRNewswire/ -- Zeus Industrial Products, Inc. (Zeus), a leading polymer extrusion manufacturer and materials science innovator, has earned the Customer Relationship Management Institute's (CRMI) NorthFace ScoreBoard Award for 2018. Zeus has won this award two consecutive years for achieving excellence in customer service.
Rubicon Minerals Announces Details of its 2019 Annual General and Special Meeting of Shareholders and Files the Technical Report for the Phoenix Gold Project
Machinery Leasing Global Market Report 2019
NEW YORK, April 25, 2019 /PRNewswire/ -- Machinery Leasing Market Global Report 2019 provides the strategists, marketers and senior management with the critical information they need to assess the global machinery leasing market.
Etruscus Launches 2019 Exploration at Rock & Roll Project
VANCOUVER, April 25, 2019 /CNW/ - Etruscus Resources Corp. (CSE: ETR) (the "Company" or "Etruscus"), a Vancouver-based junior exploration company, is pleased to announce the launch of its 2019 Phase 1 Exploration Program at its 100%-owned Rock & Roll Project near the past producing Snip mine situated in northwestern B.C.'s prolific Golden Triangle.
Equinox Gold Annual General Meeting and First Quarter 2019 Financial Results
VANCOUVER, April 25, 2019 /CNW/ - Equinox Gold Corp. (TSX-V: EQX, OTC: EQXFF) ("Equinox Gold" or the "Company") reminds investors that the Company's annual general meeting ("AGM") will be held on May 1, 2019 commencing at 1:30 pm PT. Shareholder votes must be received by 1:30 pm PT on April 29, 2019.
Dana Partners with Nordresa, Inc. to Integrate Spicer® Electrified(TM) e-Axle on Isuzu® N-Series Chassis
LONG BEACH, Calif., April 25, 2019 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that it will partner with Nordresa to integrate its Spicer(®) Electrified(TM) eS9000r e-Axle on the Isuzu N-Series chassis for commercial fleet applications. This new collaboration is in addition to the companies' existing joint efforts to offer commercially-available direct-drive systems, complete with TM4(®) motors and inverters, on battery electric medium-duty vehicle platforms.
Dana and Motiv Power Systems Collaborate on Integration of All-Electric Spicer® Electrified(TM) e-Axle on Ford® Super Duty® F-550 Chassis
LONG BEACH, Calif., April 25, 2019 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) and Motiv Power Systems today announced a collaboration to integrate Dana's Spicer(®) Electrified(TM) eS9000r e-Axle on the Ford F-550 chassis for use in commercial fleet applications. By replacing the traditional mechanical driveline with an electric motor integrated directly into the vehicle's differential housing, the e-Axle provides greater design flexibility for battery placement and truck body attachment. In addition to Dana's e-Axle technology, the chassis features Motiv's proprietary electric powertrain controls.
Dana Expands TM4® SUMO(TM) Electric Powertrain Offerings into Commercial-Vehicle, Light-Duty Platforms
LONG BEACH, Calif., April 25, 2019 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today the launch of its newest direct-drive electric powertrain, the TM4(®) SUMO((TM)) LD. The motor-inverter combination is designed for Class 2 through Class 6 vehicles. The new offering extends the comprehensive TM4 SUMO lineup, which is powering more than 12,000 electrified vehicles today.
CRU: Coal Import Restrictions Hurt Chinese Coke Makers
LONDON, April 25, 2019 /PRNewswire/ -- Restrictions on Chinese imports of Australian coal will increase the price of Chinese domestic coal compared with seaborne coal. If Chinese coke makers struggle to access imported coal, cost competitiveness will worsen compared with coke makers overseas and this will impact their ability to export.
Gold Fields Limited: Operating Update for the Quarter Ended 31 March 2019
JOHANNESBURG, April 25, 2019 /PRNewswire/ -- Gold Fields Limited (NYSE: GFI) (JSE: GFI) is pleased to provide an operational update for the quarter ended 31 March 2019. Detailed financial and operational results are provided on a six-monthly basis i.e. at the end of June and December.
SKF First-quarter Report 2019
GOTEBORG, Sweden, April 25, 2019 /PRNewswire/ --
Nano Dimension Enables a Shorter and Simplified, End-to-End Process for Assembling BGAs and Other SMT Components
NESS ZIONA, Israel, April 25, 2019 /PRNewswire/ -- Nano Dimension Ltd., a leading additive electronics provider for electronics (NASDAQ, TASE: NNDM), announced today that the company's pioneering DragonFly Pro systems have successfully shortened and simplified the assembly process for ball grid arrays (BGAs) and other surface mount technology (SMT) components used for integrated circuits, from days to one hour. This could not be achieved otherwise, due to the extended timelines and typically complex BGA assembly processes associated with traditional production methods.
Mountain Province Diamonds Announces First Quarter 2019 Production and Sale Results and Provides Q1 Conference Call Details
Recon Technology Streamlines Operations through Beijing Head Office
BEIJING, April 25, 2019 /PRNewswire/ -- Recon Technology, Ltd. (Nasdaq: RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service, environmental protection, electric power and coal chemical industries, today announced the Company is now managing the operations of its variable interest entities ("VIEs") solely through its Beijing subsidiary, Recon Hengda Technology (Beijing) Co., Ltd. ("Recon BJ").
Capstone Mining Announces Strong First Quarter 2019 Results
(All amounts in US$ unless otherwise specified)
Meritor® Announces Contract to Supply All-Electric Drivetrain System for 38 Terminal Trucks at Port of Long Beach and Port of Oakland
TROY, Mich., April 24, 2019 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced it has been contracted to supply all-electric drivetrain systems under its Blue Horizon technology brand for 38 terminal tractors for use at Port of Long Beach and the Port of Oakland, California.
Pan American Silver to Announce Q1 2019 Unaudited Results
Annual General and Special Meeting of Shareholders on May 8
MSA Announces First Quarter Results
PITTSBURGH, April 24, 2019 /PRNewswire/ -- Global safety equipment manufacturer MSA Safety Incorporated (NYSE: MSA) today reported results for the first quarter of 2019.
Barrian Mining Corp. Completes IPO and Announces Listing on the TSX Venture Exchange
VANCOUVER, April 24, 2019 /PRNewswire/ - Barrian Mining Corp. (the "Company") is pleased to announce that the Company completed its initial public offering ("IPO") of 13,362,000 common shares of the Company ("Shares") at a price of $0.20 per Share for aggregate gross proceeds of $2,672,400. The Shares were listed on April 24, 2019 on the TSX Venture Exchange (the "Exchange") and are expected to commence trading on the Exchange on or about Monday, April 29, 2019 under the trading symbol "BARI".
Grainger Increases Quarterly Dividend By 6 Percent And Authorizes Repurchase Of Additional 5 Million Shares
CHICAGO, April 24, 2019 /PRNewswire/ -- W.W. Grainger, Inc. (NYSE: GWW) announced today that its board of directors approved a quarterly cash dividend of $1.44 per share, an increase of 6 percent from the dividend paid in March 2019. The dividend is payable on June 1, 2019, to shareholders of record on May 13, 2019. Grainger has delivered 48 consecutive years of increased dividends.
Cold Jet launches new revolutionary dry ice blaster, the PCS® 60
The machine features industry changing performance and technology
Aurion Options Silasselkä Vanadium Project to Strategic Resources Inc.
Aurion Options Silasselkä Vanadium Project to Strategic Resources Inc.
Ulbrich Stainless Steel uses AI-embedded SAS solution to flatten its IoT data challenges
CARY, N.C., April 24, 2019 /PRNewswire/ -- Whether manufacturing engineered stainless steel for medical implants or creating the specialty wire for solar panels, Ulbrich Stainless Steel & Specialty Metals knows its customers count on consistently high-quality products. Staying ahead of maintenance and production challenges that keep precision metals rolling out of its plants on time is a high priority for the global company. That's why Ulbrich recently chose SAS(®) Analytics for IoT to analyze the data created by its plant sensors.
NxGold Provides Exploration Update

-- Field program initiated on Mt Roe Gold Project -- Targeting interpreted high grade structures and defining Prinsep anomaly -- Ground-truthing magnetic feature identified in magnetic inversion

China Ceramics Schedules Second Half and Fiscal Year End 2018 Earnings Conference Call
JINJIANG, China, April 24, 2019 /PRNewswire/ -- China Ceramics Co., Ltd. (NASDAQ Capital Market: CCCL) ("China Ceramics" or the "Company"), a leading Chinese manufacturer of ceramic tiles used for exterior siding and for interior flooring and design in residential and commercial buildings, today announced it will conduct a conference call at 8:00 am Eastern Time on Tuesday, April 30, 2019, to discuss its second half and full year financial results for its fiscal year ended December 31, 2018.
Defense Metals Corp. Announces Senior Management Changes
VANCOUVER, April 24, 2019 /CNW/ - Defense Metals Corp. ("Defense Metals" or the "Company") (TSX-V: DEFN/ DFMTF: OTCQB / 35D: FSE) is pleased to announce Mr. Craig Taylor and Mr. Ryan Cheung will be resuming the roles as Chief Executive Officer and Chief Financial Officer.
GoGold Drills 20.4m Averaging 6.45 g/t Gold Equivalent Including 7.2m at 17.77 g/t Gold Equivalent at the Recently Acquired Los Ricos
Trading Symbol: TSX: GGD
Shares Outstanding: 171,776,481
Frontier Lithium Enters Into Strategic Partnership to Pilot Lithium Hydroxide Technology
SUDBURY, ON, April 24, 2019 /CNW/ - Frontier Lithium Inc. (TSX.V: FL) (the "Company" or "Frontier") is pleased to announce that it has entered into a strategic partnership agreement with XPS Expert Process Solutions ("XPS") a Glencore company, and Dr. Ahmad Ghahreman, a Queen's University Professor, to develop a process to refine spodumene concentrate into lithium hydroxide. The partnership reflects Frontier's commitment to lay the foundation for a regional, vertically integrated Battery Ecosystem energizing Ontario's drive to prosperity.
Aircraft Seals Market to Reach $1.1 Billion in 2024, Says Stratview Research
DETROIT, April 24, 2019 /PRNewswire/ -- Stratview Research announces the launch of a new market research report on Aircraft Seals Market by Aircraft Type (Commercial Aircraft, Regional Aircraft, General Aviation, Helicopter, and Military Aircraft), by Application Type (Engine, Airframe, Interior, Flight Control Surfaces, Landing Gear, Wheels & Brakes, and Others), by Motion Type (Static Seals and Dynamic Seals), by Function Type (Aerodynamic Surface Seals, Air and Fluid Handling Seals, Fire Seals, Conductive Seals, Insulative Seals, and Others), by Material Type (Polymer Seals, Metal Seals, and Composite Seals), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2019-2024.