Noranda Aluminum Holding Corp. (NYSE:NOR) announced that Peter J. Hartland has been named President of Noranda’s Upstream Business effective December 6, 2010. Hartland most recently served as President of the Coatings & Inks Division for Hexion Specialty Chemicals, Inc. Since 1982, Hartland has held several operational management positions with Hexion and its predecessor, Borden Chemical. At both Hexion and Borden, Hartland built a record of improving the performance of the businesses for which he was responsible and achieving results. Upon completion of immigration processes, Hartland will relocate to the Nashville, Tennessee area from the United Kingdom.
Noranda Aluminum Holding Corporation engages in the production and sale of primary aluminum products and rolled aluminum coils in the United States.
Global Hunter Corp. (TSX.V: BOB) (FSE:G5D) currently operates an 18,000 + hectare land package in the coastal belt of Chile’s Andean Cordillera the Chilean Iron-Copper Belt. Their current project in this region is the La Corona de Cobre. Global Hunter’s focus is on strategic and base metals, particularly copper and molybdenum.
The Andes rose to fame for its mineral wealth during the Spanish conquest of South America; Although the Andean Amerindian people crafted ceremonial jewelry of gold and other metals the mineralization of the Andes were first mined in large scale after the Spanish arrival. Potosí in present-day Bolivia was one of the principal mines of the Spanish Empire in the New World. Río de la Plata and Argentina derive their names from the silver of Potosí.
Currently, mining in the Andes of Chile and Peru, place these countries as the 1st and 3rd major producers of copper in the world. The Bolivian Andes produce principally tin although historically silver mining had a large impact on the economy of 17th century Europe.
There is a long history of mining in the Andes, from the Spanish silver mines in Potosí in the 16th century to the vast current porphyry copper deposits of Chuquicamata and Escondida in Chile and Toquepala in Peru. Other metals including iron, gold and tin in addition to non-metallic resources are also important.
To learn more about Global Hunter Corp. visit: http://www.globalhunter.ca
KEMET Corp. (NYSE:KEM) announced that its common stock has been approved for listing on the New York Stock Exchange ("NYSE"). Trading is expected to commence on the NYSE on Monday, November 15, 2010. KEMET will retain its current trading symbol, 'KEM' (NYSE:KEM). "We are extremely pleased to be returning to the NYSE. Our company has taken many actions over the course of the past two years to mitigate the effects of the worldwide recession," stated Per Loof, KEMET's Chief Executive officer.
KEMET Corporation, together with its subsidiaries, manufactures tantalum, multilayer ceramic, film, electrolytic, paper, and solid aluminum capacitors.
Stage Stores Inc. (NYSE:SSI) announced that its Board of Directors has declared a quarterly cash dividend of 7.5 cents per share on the Company’s common stock, payable on December 22, 2010 to shareholders of record at the close of business on December 7, 2010.
Stage Stores, Inc. operates as a specialty department store retailer and brings nationally recognized brand name apparel, accessories, cosmetics and footwear for the entire family to small and mid-size towns and communities through 789 stores located in 39 states. The Company operates its stores under the five names of Bealls, Goody’s, Palais Royal, Peebles and Stage.
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