Hedman Resources Ltd of Toronto, ON has announced the appointment of Bob Borrowman to the position of Senior Vice-President/Sales. Mr Borrowman, currently in charge of the…
Month: January 2004
TOR Raises Funds for Expansion Plans
TOR Minerals of Corpus Christi, TX has raised US$3.5 million through the private placement of equity and convertible preferred stock. Richard Bowers, TOR’s CEO, said, “We will…
Honeywell Terminates Discussions with Federal-Mogul
Honeywell Inc of Morris Township, NJ has terminated discussions with Federal-Mogul Corp of Southfield, MI regarding the possible sale of Honeywell’s automotive Bendix friction materials business. After…
Iluka U.S. Production Rises, Revenues Flat
Iluka Resources Ltd of Australia reports that its U.S. operations generated sales of AUS$106.4 million (US$82.8 million) in 2003, up marginally from 2002 when revenues were…
MEI Processing Plant for Sale
Magnesium Elecktron Inc (MEI) of Flemington, NJ is continuing to seek a buyer for an idled mineral processing plant in Aspers, PA. The company acquired the facility in…