Zale Corp reported net earnings of $6.7 million during the fiscal quarter ended January 31st, 2010, compared with a loss of $31.8 million in the equivalent period last year, the company announced Wednesday. The report marks Zale’s first quarterly profit in two years.
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Mill Steel Co., one of the nation’s largest distributors of flat-rolled carbon steel, has expanded its product breadth and geographic presence with the acquisition of certain assets of Coated Steel Corp (“CSC”), a Birmingham, Ala.-based supplier of
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TOKYO – JFE Steel Co’s incoming president has attacked BHP Billiton Ltd’s moves to adopt a pricing system that better reflects spot trades, saying a shift would hurt the global economy and make it hard for miners to raise funds. Locked in tense annual
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Mixed earnings news and falling gold stocks helped push the Toronto stock market slightly lower Wednesday amid reassurances from the head of the U.S. central bank that key interest rates will stay low for quite a while yet.
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Alcoa has laid off 17 employees, effective Saturday at midnight.
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TORONTO – Government promises to help Timmins figure out what to do with its smelter after Xstrata closes its doors in May show the province has given up on a key economic driver in the northern Ontario community, critics said Wednesday. “We assisted the
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AngloGold Ashanti Ltd., a South African gold mining company, said Wednesday that the former head of the nation’s central bank will become its new chairman.
Hancock Coal says strong demand from China and India has made mines in the Galilee Basin, in central Queensland, economically viable.The company is planning two mines near Alpha in the state’s central region, each with an output of 30 million tonnes a
The Whitsunday Regional Council in north Queensland says it has given full support to the proposed new development at Abbot Point. Earlier this month, mining magnate Clive Palmer announced a plan to export coal from Alpha, near Emerald in central
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