The Woodville metal fabricating company has agreed to become the first tenant in a business incubator at Chippewa Valley Technical College, in Eau Claire, focusing on nanotechnology and micro-fabrication.
In its 20 years in business, OEM normally has done fabricating and machining for big equipment such as mining and construction machines.
“We have learned that thinking very small may be even bigger than thinking big,” said Mark Tyler, president of the company, which had about $25 million in sales last year. Read more
The global economy could soon be getting its supply of raw materials from the deep seabed, where copper, zinc, cobalt and gold lie hidden in black smokers and manganese nodules. As the prices of land-based natural resources rise, new technologies including remote-controlled underwater vehicles might soon be crushing undersea rock containing metal ores and pumping it to the surface.
When Peter Herzig talks about his research, he sounds as though he were describing an early 20th-century industrial zone, complete with smokestacks and ore processing plants spewing toxic heavy metals, including cadmium, arsenic and lead. Read more
In Asia, Aricom plc has received a feasibility study from PHM Engineering of the planned development of Aricom’s 76%-owned Kuranakh titanium dioxide and titano-magnetite project in Far East Russia’s Amur region.
Finders Resources Ltd has received further results from drilling and metallurgical testing at its 64%-owned Wetar copper property, and also the 72%-owned Ojolali gold-silver property, both in Indonesia. Read more
ZIMBABWE’S mining sector remains very lucrative although proposed changes in mining laws have dampened enthusiasm for foreign investment, Chamber of Mines chief executive Mr David Murangari said this week. Interest from external investors had also fallen sharply over the past five years although no statistics were immediately available. This, aided by the politics of economics, has seen investment in the mining industry dropping in Zimbabwe, says Mr Murangari. Read more
There is no logical or rational basis for small investors to make short-term investments in fuel cell development or in any other aspect of the “hydrogen economy.†The time frame in which such investments would “pay off†may well be between one and two generations. This is the well reasoned conclusion of a distinguished panel of American scientists reported two years ago in a special issue of Science, the journal of the American Association for the Advancement of Science, themed “Toward a Hydrogen Economy†(Issue for 14 August, 2004). Read more
Las Vegas, Nevada – October 5, 2006 – Magnus International Resources (“Magnus”) “the Companyâ€)
NASD OTC-BB: ‘MGNU’) announced today that it has entered into a letter of intent to acquire
African Mineral Fields, a company which holds an exclusive option to acquire 100% interests in
four gold projects in Uganda. The acquisition comes as part of Magnus’ decision to expand its Read more
A cross-disciplinary UK consortium wins funding to develop a laser detection system that could be used to discover hidden fields of oil and natural gas.
A UK team is working on a £2.4 million ($4.5 million) project to develop an optical system based on quantum cascade lasers for oil and gas prospecting.
Comprising the III-V foundry Compound Semiconductor Technologies (CST), the Universities of Sheffield and Glasgow, Shell Global Solutions and laser system specialist Cascade Technologies, the consortium has received just over £1 million from the UK government’s Department of Trade and Industry (DTI). Read more