Foster Farms Dairy, the largest privately owned dairy operation in California, has made another strategic move into organic products, as Alan Swaby learns.

 


Ontario-based Hitachi Construction Truck Manufacturing has a strong customer base in mega mining trucks around the world but receives surprisingly little recognition in Canada. Executive VP Bruce Murray explains to Gay Sutton how the company is preparing to raise its profile in the North American market.

 


Federal stimulus funding for infrastructure is changing the construction industry as more public and private entities opt for design-builds, David Hendricks learns from Tutor Perini Civil Group’s CEO, Jack Frost.

 


The race is on to find alternative energy sources that are economical and green. WaterFurnace International vice president Bob Brown explains to Andrew Pelis how one very natural source is fueling the company’s growth.

 

Any way you look at it, the current climate, both economically and ecologically speaking, has put extra pressure on every household and business. Soaring energy bills and the need to be environmentally aware have changed the approach each of us takes to our everyday lifestyle.


Dynasty Metals & Mining Inc. has delivered its first shipment of gold dore from its Zaruma Gold Project in Ecuador to a refinery in Canada.

Dynasty Metals & Mining Inc. is a Canadian based mining company involved in the exploration and development of mineral properties in Ecuador.

The delivery contains approximately 2,400 troy ounces ("ounces") of fine gold, with an approximate value of US$3 million.


Diageo, the world's biggest drinks maker, has reported pre-tax profits of £2.24 billion in the year to the end of June—an increase of 12 per cent.

Overall sales at the firm, whose brands include Smirnoff, Guinness and Johnnie Walker, grew by five per cent to £9.9 billion.

 

 


Edinburgh-based Cairn Energy has said it may have found oil in the untapped waters of western Greenland.

Cairn, which is the only firm so far to have been allowed to drill for oil off Greenland, said that it has found gas in thin sands in the Baffin Bay basin, which could be a sign of oil. The area lies around 400 kilometres north of the Arctic Circle.

The company said it is still too early to gauge the significance of the find, as the well has not yet been drilled to its total depth.


Mining giant Xstrata has agreed to acquire Australian iron ore developer Sphere Minerals for A$428 million (approx. €300 million), it has been announced.

Buying Sphere will increase Xstrata’s iron ore presence in Africa through the Australian company’s three iron ore projects in Mauritania. These include the $1.65 billion Guelb el Aouj development, operated asa 50/50 joint venture with Société Nationale Industrielle et Minière (SNIM), Mauritania’s state-owned iron ore producer.


Chinese telecoms equipment maker ZTE has won a €200 million contract to build a mobile network for Telenor in Hungary, it has been announced.

The deal further cements the Chinese company’s position as a key supplier to European telecoms operators.

Under the terms of the contract, ZTE will build a mobile network for as many as 4.5 million users for Telenor in Hungary. It will provide the European carrier with radio and core infrastructure over the next five years.