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Further expansion for explosives company

Explosives supplier Nordex opened a new sales office at a strategic location in Sudbury, Ontario in Canada, earlier this month, to extend the company’s service provision to operating mines in the area. “This facility is another step forward in Nordex’s ongoing expansion strategy and will further... 

African Minerals CEO steps down after 3 yrs

By: Reuters African Minerals surprised the market on Tuesday when it said CEO Alan Watling intended to retire after just three years at the helm, following completion of an early stage in its key Sierra Leone iron-ore project. News of Watling's planned retirement hit shares in the miner, the largest of West... 

Riding out commodity uncertainty, producers limit output, close plants

By: Matthew Hill While mining firms enjoyed massive profits last year as commodity and metals prices remained elevated in the first half of 2011, the US debt downgrade in August and the eurozone’s wobbles have brought about fresh fears. 

Mining explosives maker benefitting from gold boom

By: Matthew Hill The surge of mining and exploration activity rampant gold prices have brought to north-eastern Ontario have proved a double-edged sword for small explosives firm Nordex, which is listed on the TSX-V. On the one hand, business has been brisk for suppliers in the sector, but the boom has also made... 

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