Many mining companies in the Pilbara region of Western Australia have been consolidating manganese and iron ore operations. Pallinghurst Resources describes their strategy as a ‘steel feed corporation,’ producing all the products for steel milling operations. Also, Consolidated Minerals and OM Holdings are talking merger.
American Manganese (CVE:AMY,PINK:AMYZF) reports that it has filed its patent application with the US Patent Office. Leaching studies performed on typical manganese samples of large particle size (greater than 9.5 mm) with SO2 leachant in stirred tanks indicates that the material is readily leachable. Mr. Larry W. Reaugh, President and CEO of American Manganese says: “the [...]
American Manganese (CVE:AMY) reports of a non-brokered private placement of $412,231.32 through the issuance of 2,290,174 units at a price of $0.18 per unit. This private placement has been fully subscribed. For complete news release, click here. For American Manganese’s company profile, click here.
A new proprietary process for the treatment of manganese ore being developed by American Manganese may decrease the competitive advantage held by Chinese steel manufactures over the steel producers in the US. The new economic and environmentally friendly process can produce high quality manganese from low grade ore.
American Manganese reports it has received results for drill hole numbers 38 – 43 which are located on the North Maggie zone of the Manganese Mesa. Results for drill holes 1 through 37 have been announced previously. The mineralization at Artillery Peak Mohave County, Arizona takes the form of paleo-alluvial fans spreading out down slope from a [...]
With the eyes of the world on South Africa during the World Cup, electrical company Eskom faces disruptions in power supply. How will the World Cup and a looming workers strike effect power supply to mining operations?
American Manganese Inc. reports it has signed a third Contribution Agreement with the National Research Council of Canada Industrial Research Assistance Program. The success of that program has led to the development of a proprietary process that will be the subject of an application for patent protection. Extensive studies and tests were conducted by the U.S. Bureau [...]
While demand for steel is rising, overproduction and surpluses have put downward pressure on the price of steel, and consequently, manganese. However, strong data shows little signs of weak demand for the metals. Is the downward trend a slowing of emerging economies or simply a price correction? Also, manganese company news, and an interesting development in manganese mining from Korea.
American Manganese reports on its clearance to file its final short form prospectus for its public offering. The Offering will be conducted through Pope & Company Limited (the “Agent”) to raise gross proceeds of $882,522 through the sale of 2,757,880 Units. Each Unit will consist of one common share in the capital of the Company (a “Common [...]
American Manganese reports Kemetco Research has completed its task to develop a conceptual process for extraction and recovery of high purity manganese metal at Artillery Peak, Mohave County, Arizona. The Company has agreed to Kemetco’s recommendation to seek patent protection for this novel innovative proprietary technology which will enable the manganese resources at Artillery Peak to [...]
Tuesday, August 24, 2010