If the feasibility report comes in as expected the former owner of the Schaft Creek deposit will have a big decision to make, as Copper Fox CEO Elmer Stewart explains to Alan Swaby.

At the time of writing, it’s easy to imagine that the computers at Teck Resources are doing some extra bench presses followed by a daily 10km run for improved stamina. Anything, in fact, to get them in peak condition for the serious number crunching they are going to have to do, starting in the next few months.

US component manufacturer Commercial Vehicle Group has acquired Stratos Seating of Sydney, Australia, a seat supplier to the Australian military, truck and specialty vehicle markets.

"This acquisition not only expands our Australian presence in the military and truck markets, but also enhances our overall product offering with the addition of the unique Stratos suspension system and military seating products," said W. Gordon Boyd, president of Commercial Vehicle Group's Seating Systems Group. 

Dutch construction and engineering company Ballast Nedam is to be part of a consortium that will build a new biomass power plant in the port of Delfzijl in the Netherlands later this year.

Ballast Nedam will join forces with Germany’s Areva Renewables and with Finland’s Metso Power to build the 49 megawatt plant, which will produce energy from recycled waste wood chips—enough to meet the needs of 120,000 households.

The plant will be located alongside the maritime channel at Delfzijl and will begin operations in the summer of 2013.

Food manufacturer Dr. Oetker is to build a new frozen pizza production facility in London, Ontario, Canada.

The new plant will act as a production hub for the company's North American pizza operations, and will bring over 125 jobs to London and an expected 300 additional jobs to the surrounding area. 

Saudi Arabia’s national oil company, Saudi Aramco, has announced it is to form a joint venture to build and operate a chemicals complex in Jubail Industrial City, Saudi Arabia.

The joint venture, Sadara Chemical Company, will be formed with the Dow Chemical Company of Michigan in the US to build what the companies have called a “world-scale, fully integrated chemicals complex”.

Despite the debt crisis in Europe, unrest in the Middle East and the aftermath of the earthquake and tsunami in Japan, leading US companies are turning in unexpectedly encouraging results.

A blitz of fresh quarterly results has hit news desks in the last few days, many of which are surprisingly good.

The South African seafood division of Lonrho has signed a deal to supply the US retailing giant Walmart.

Walmart will be stocking Oceanfresh’s pure hake fillets in 500 of its stores from October this year.

The Oceanfresh fillets come from wild caught, sustainably sourced white hake that is caught in the Benguela current off the coast of Southern Africa.

US aerospace and defense executives are looking at strategic acquisitions and expansion into new markets to promote company growth, according to a recent survey by KPMG.

Faced with tighter federal defense budgets, stiffer competition and a struggling home economy, nearly two-thirds (62 percent) of A&D executives say their companies will be involved in a merger or acquisition as a buyer in the next two years.

AgustaWestland, the Anglo-Italian helicopter company, has secured a contract that marks the first entry of its AW169 model into the UK market.

The company, a wholly owned subsidiary of Rome-based industrial group Finmeccanica, has signed a preliminary contract with the Warwickshire & Northamptonshire Air Ambulance (WNAA) for two AW169 helicopters.

The aircraft will be delivered in 2015, and will be specially designed for the WNAA’s air ambulance mission requirements.