USA and Canada

A relative newcomer to the tire business, Eurotire is making room for itself in a crowded marketplace.

Imagine the situation: a new name in off-road tires for the mining industry is trying to break into a market dominated by three of the biggest brands in the world. At the other end of the spectrum, customers are losing faith in unknown brands thanks to masses of inferior Chinese tires flooding the market and failing to live up to expectation.

In a land where mining is centuries old, one of the country’s most productive 21st century practitioners is focusing on operating sustainably, responsibly—and profitably.

Inevitably, there are many superlatives to be heard in any discussion about the Goldcorp operations in Mexico. In a country with such a long tradition in mining as Mexico, Goldcorp is the most important producer of gold, zinc and lead there has ever been. Even with silver, Goldcorp is a close second to the country’s largest producer.

US-based ITC Global, a provider of satellite communications to the mining, energy and maritime sectors, has acquired the remaining 10 per cent interest in ITC Guinee.

As a result of the transaction, ITC Global will own 100 per cent of ITC Guinee SARL. 

ITC Global's Guinea office has been fully operational since 2005 through an agency agreement. The location is fully staffed with a technical team that will continue to deliver ITC Global's customised solutions, the company said.

Canada’s Barrick Gold Corporation has confirmed that it is in discussions with China National Gold Group Corporation regarding the sale of its holding in African Barrick Gold (ABG).

The talks are at a preliminary stage, the company said.

In another sign that a new Florida condo boom is under way, the Miami Herald last week reported that 45 new condo towers are in various stages of development for the Southeast Florida area, including about 1200 new units in the tiny beach town of Sunny Isles Beach, just north of Miami Beach.

Even more amazing, according to another report from Miami Condo Investments, three Miami projects that launched earlier this year, 1100 Millecento, BrickellHouse and MyBrickell, are already 97 percent sold out. Two of the three projects have not even broken ground yet. 

Bluescope and Nippon Steel have formed a $1.4 billion joint venture encompassing BlueScope’s ASEAN and North American building products business.

A group of mining companies has agreed to work with Canadian National Railways (CN) on a feasibility study into the construction of a proposed rail line and terminal handling facility to serve the Quebec/Labrador iron ore range.

CN customers Cliffs Natural Resources Inc, Labrador Iron Mines Holdings Ltd, New Millennium Iron Corp, Cap-Ex Ventures Ltd, and Alderon Iron Ore Corp have committed to help CN and its partner in the venture La Caisse de dépôt et placement du Québec.

A judge in California has overturned a jury ruling against Waterloo, Ontario-based BlackBerry maker Research In Motion Limited.

In a patent action brought by Mformation in the US District Court for the Northern District of California, the jury ruled last month that RIM would have to pay $147.2 million to Mformation for patent infringement.

Toronto-based Plan Group has migrated from a construction industry contractor to an integrator of infrastructure technologies. Bill Kurtin, CEO and Glen Landry, Managing Director, Technology, talk about the role of collaboration and innovation in creating the healthcare facilities of the future.

Harrah's Cherokee Casino & Hotel in North Carolina is recruiting 500 new workers to staff the newly-expanded resort, which expects to be offering live table games later this month.

The $650 million expansion project is one of the largest in the US, offering the greatest number of hotel accommodations in the Carolinas.