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3 February 2012
Aubert & Duval, a global player in large closed-die forgings, is teaming up with Setforge and QuEST to establish a joint venture company referred to as SQuAD Forging India Private Ltd. This greenfield closed-die forging facility will be set up in Belgaum SEZ (Karnataka State, India).
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30 January 2012
January 31, 2012, will mark 150 years since Göran Fredrik Göransson’s new company was formed in Sandviken, Sweden. During that time, Sandvik was first in the world to use the Bessemer process, which would revolutionize steel manufacturing.
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24 January 2012
A B.C. First Nation group has reversed its support for the Enbridge Northern Gateway pipeline project; the company says it still has the support of close to half the bands along the corridor. Gitxsan Treaty Society negotiator Elmer Derrik signed the agreement in December, but 36 Gitxsan hereditary chiefs voted to officially reject it during a meeting Tuesday night.
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24 January 2012
Maria das Gracas Foster has become the first woman to run one of the world’s top five oil companies after she was officially named the CEO of Rio de Janeiro-based Petrobas. Foster is a 34 year veteran of Petrobas, the world’s fifth-largest oil producer” and currently oversees the natural-gas and power division.
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23 January 2012
Canadian mineral explorer Continental Nickel Limited is set to begin mining nickel in southern Tanzania following positive exploration results. President of CNI, David Massola said that the drilling which was conducted in December 2011 jointly with IMX Resources Limited of Australia confirmed the presence of Nickel at Ntaka Hill in Nachingwea District.
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