Al Nasser Industrial Enterprises has started building two iron and steel plants in the Industrial City of Abu Dhabi, Gulf News reported. Worth $109m, the plants are expected to come online by April 2008. One will be a sponge iron plant with a capacity of 250,000 tons per year; the other will manufacture steel billets with a capacity of 350,000 tpy.
OLD man died after becoming impaled on iron railings during a night out in High Wycombe town centre.
Steven Whale, of Copyground Lane, High Wycombe, was cut from the railings in All Saints churchyard shortly after 1.30am on Saturday.
It is believed he had slipped while trying to climb over the fence and was impaled on the side of his right leg.
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Scientists report progress in developing much-needed new medications for hemochromatosis and other iron-overload diseases. In these conditions, excess amounts of iron accumulate in the liver, heart, pancreas and other organs and eventually cause serious damage.
Raymond J. Bergeron and colleagues at the University of Florida explain that existing treatments remove only small amounts of iron from sensitive organs like the heart. Treatment sometimes must continue for years to remove enough iron to prevent organ damage, they note in a report in the ACS Journal of Medicinal Chemistry, a biweekly publication. Read more » »
Countries suspected of seeking nuclear arms may have exploited lax security in the Democratic Republic of Congo to get their hands on uranium from the giant central African state, diplomatic and intelligence sources say.
During World War Two when it was still a Belgian colony, Congo provided high-quality uranium for the Manhattan Project, the secret US programme that produced the two atomic weapons dropped on the Japanese cities of Hiroshima and Nagasaki. Read more » »
Trigon Exploration Canada Ltd. (”Trigon” - TSX-V: TEL), a Canadian Uranium exploration and development company today announced the appointment of Mr. Ian Thompson P.Eng., to Senior Technical Advisor, Uranium and additional staffing of the uranium exploration and development team.
The Uranium exploration and development team is headed by Ian S. Thompson, a director of the Company. He has been promoted to the position of Senior Technical Advisor, Uranium. In this capacity he will be responsible for the technical operations of all Uranium exploration and development properties. Read more » »
China, the world fourth-largest gold producer, plans new policies on foreign investment in its gold mining industry, allowing in only the largest overseas players.
“The new policy is designed to improve the quality of foreign investment to ensure sustainable development of the sector,” an unnamed source told the China Daily.
The newspaper did not give details about the policy, saying only that an announcement would be made before the end of the year. Read more » »
Pilgrim’s Pride Corporation today announced that a total of 34,219,233 shares of Gold Kist Inc. (Nachrichten) common stock, or approximately 67% of Gold Kist’s outstanding shares, have been tendered and not withdrawn as of 5:00 p.m., New York City Time, November 29, 2006.
“We are very pleased that such a significant majority of outstanding Gold Kist shares have been tendered into our premium offer,” said O.B. Goolsby, Jr., Pilgrim’s Pride president and chief executive officer. Read more » »
The ABC’s Four Corners team of Liz Jackson, Peter Cronau and Lin Buckfield have picked up Australian journalism’s most coveted prize, the Gold Walkley, at a glittering ceremony in Melbourne.
The trio impressed the judges with their investigative report on the arming of a civilian militia in East Timor.
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The U.S. dollar fell against other major currencies in European trading Thursday morning, dropping to its lowest level in 14 years against the British pound. Gold rose.
The euro was quoted at $1.3190, up from $1.3156 late Wednesday. The British pound was quoted at $1.9558, up from $1.9462.
Other dollar rates:
Jinshan Gold Mines Inc. (TSX:JIN) is pleased to provide an update regarding activities at the Dadiangou Project in Gansu province, China. Crews are presently on site and a newly rehabilitated access road has now reached the property. Preparations are well underway for the planned 5,000-metre drill program to commence in January, 2007.
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