Uralkali one of the world’s largest potash producers, has signed a loan agreement in the amount of US$850 million with 11 international banks.

Coordinating Mandated Lead Arrangers and Bookrunners of the pre-export finance facility were Commerzbank AG, Credit Agricole Corporate and Investment Bank, ING Bank N.V., Natixis, PJSC Rosbank/Societe Generale Corporate & Investment Bank and AO UniCredit Bank.

Bank of America Merrill Lynch International Limited, ICBC (JSC), AO Raiffeisenbank joined the facility as Arrangers, Bank of China and IKB Deutsche Industriebank AG acted as Lenders.


ING Bank N.V. and Natixis are Joint Facility Coordinators. Natixis also acted as Documentation Agent, ING Bank as Facility and Security Agent.

AO Commerzbank (Eurasia), PJSC Rosbank and AO UniCredit Bank also acted as a Passport Banks.The interest rate is LIBOR plus 220 bps margin with a loan maturity of 5 years. The loan will be used for refinancing of Uralkali’s existing loans and general corporate purposes.

Anton Vishanenko, Uralkali CFO, commented:

Attractive terms of the deal organised by Uralkali demonstrates strong commitment from leading international banks to cooperate with the Company. We are grateful to our partners for support and long-term trusting relationships and hope for a further fruitful cooperation.

Uralkali (www.uralkali.com 
) is one of the world’s largest potash producers and exporters. The Company’s assets consist of 5 mines and 7 ore-treatment mills situated in the towns of Berezniki and Solikamsk (Perm Territory, Russia). Uralkali employs ca.11,000 people (in the main production unit). Uralkali’s shares are traded on the Moscow Exchange.

GOLDCORP INC. announced the closing of the previously announced acquisition of all of the issued and outstanding common shares of Exeter Resource Corporation not already owned by Goldcorp by way of a court-approved plan of arrangement.
Pursuant to the Arrangement, Goldcorp acquired all of the issued and outstanding Exeter Shares not already owned by Goldcorp for consideration of 0.12 of a common share of Goldcorp (each whole common share, a "Goldcorp Share") for each outstanding Exeter Share. Goldcorp now owns 100% of the outstanding Exeter Shares. In connection with the Arrangement, Goldcorp will issue an aggregate of up to 1,896,145 Goldcorp Shares to former Exeter shareholders, who now hold approximately 0.22% of the 865,034,962 Goldcorp Shares issued and outstanding, on an undiluted basis.


The Exeter Shares are expected to be delisted from the Toronto Stock Exchange on or about August 8, 2017 and will promptly be delisted from the NYSE-MKT and the Börse Frankfurt (Frankfurt Stock Exchange) following closing. In addition, Exeter has made an application to the British Columbia Securities Commission, as principal regulator, and to the securities regulatory authorities in each of the other provinces in Canada in which it is a reporting issuer (or equivalent) for an order that Exeter cease to be a reporting issuer (or equivalent) under applicable securities laws.


Full details of the Arrangement and certain other matters are set out in the management information circular of Exeter dated June 27, 2017 (the "Information Circular"). A copy of the Information Circular and the early warning report filed by Goldcorp in connection with the purchase of the Exeter shares can be found under Exeter's profile on SEDAR at www.sedar.com or by contacting Goldcorp at the number shown below. The purpose of the Arrangement was to acquire all of the issued and outstanding Exeter shares not already owned by Goldcorp.


Exeter shareholders who have questions or who may need assistance with the completion of letters of transmittal are advised to contact AST Trust Company (Canada), the depository for the Arrangement, at: North American Toll Free: 1-800-387-0825 Email: This email address is being protected from spambots. You need JavaScript enabled to view it. .


About Goldcorp

Goldcorp is a senior gold producer focused on responsible mining practices with safe, low-cost production from a high-quality portfolio of mines. For further information about Goldcorp, please visit their website at www.goldcorp.com


INVESTOR CONTACT:
Etienne Morin, Director,
Investor Relations,
(800) 567-6223,
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it. ;

MEDIA CONTACT:
Christine Marks,
Director, Corporate Communications,
Telephone: (604) 696-3050,
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Rio Tinto unveiled the largest Fancy Red diamond in the history of its Argyle Pink Diamonds Tender during its Australian preview.Rio Tinto chief executive J-S Jacques showcased The Argyle Everglow™ at the first Australian viewing of the 2017 Argyle Pink Diamonds Tender at a special preview in Perth.

J-S Jacques said “The market fundamentals for pink diamonds remain robust. The combination of healthy demand and extremely limited supply continues to support significant value appreciation for pink diamonds.

“This year’s Argyle Pink Diamonds Tender is an exceptional offering of the world’s most coveted diamonds.
“At more than a billion years old, each Argyle pink diamond is a fluke of nature, commanding the attention of investors, collectors and diamond connoisseurs across the world.”

The Argyle Pink Diamonds Tender is the annual showcase of the rarest diamonds from Rio Tinto’s Argyle mine.
The 2017 Argyle Pink Diamonds Tender is named ‘Custodians of Rare Beauty’ in honour of its rich provenance and honourable pedigree.

Rio Tinto today unveiled the largest Fancy Red diamond in the history of its Argyle Pink Diamonds Tender during its Australian preview.
Rio Tinto chief executive J-S Jacques showcased The Argyle Everglow™ at the first Australian viewing of the 2017 Argyle Pink Diamonds Tender at a special preview in Perth.

J-S Jacques said “The market fundamentals for pink diamonds remain robust. The combination of healthy demand and extremely limited supply continues to support significant value appreciation for pink diamonds.

“This year’s Argyle Pink Diamonds Tender is an exceptional offering of the world’s most coveted diamonds.
“At more than a billion years old, each Argyle pink diamond is a fluke of nature, commanding the attention of investors, collectors and diamond connoisseurs across the world.”

The Argyle Pink Diamonds Tender is the annual showcase of the rarest diamonds from Rio Tinto’s Argyle mine.The 2017 Argyle Pink Diamonds Tender is named ‘Custodians of Rare Beauty’ in honour of its rich provenance and honourable pedigree.


The 58 diamonds in the Tender weigh a total of 49.39 carats – including four Fancy Red diamonds, four Purplish Red diamonds, two Violet diamonds, and one Blue diamond.The Argyle Everglow™, a 2.11 carat polished radiant cut diamond, is the centrepiece of the 2017 Tender.

The collection comprises five ‘hero’ diamonds, including The Argyle Everglow™, selected for their unique beauty and named to ensure there is a permanent record of their contribution to the history of the world’s most important diamonds:

Rio Tinto officially opened its Silvergrass iron ore mine in Western Australia.The US$338 million project is the 16th mine at Rio Tinto’s world-class iron ore operations and will produce low-phosphorous ore crucial to maintaining Rio Tinto’s premium Pilbara Blend product.

Rio Tinto chief executive J-S Jacques said “Silvergrass is a great example of our value-over-volume approach in action as the mine will deliver the high-quality, low-cost ore used to maintain the world-class premium Pilbara Blend product our customers love so much.

“Silvergrass is a further demonstration of our long-standing commitment to the Pilbara region in Western Australia where we’ve invested more than US$20 billion over the past decade.”


West Australian Premier Mark McGowan today led the formalities at a ceremony in the Pilbara to mark the opening, with full commissioning scheduled before the end of the year.


The brownfields expansion project will lower mine operating costs as a result of the construction of a nine-kilometre conveyor system that will replace traditional road haulage routes linking Silvergrass to the existing processing plant at Nammuldi.

More than 500 jobs as well as opportunities for indigenous contracting were created during the construction of the mine. Contracts worth more than $180 million were awarded during the construction phase, including contracts to Western Australian company Decmil and Perth headquartered company RCR Resources.

Rio Tinto Iron Ore chief executive Chris Salisbury said “Silvergrass is another Rio Tinto project delivering value for Western Australia with design, construction and commissioning all undertaken by WA companies.


“Dozens of local businesses have benefitted from the purchase of major items including modular buildings, gantry cranes and a waste water treatment plant.” 
The Premier also attended celebrations in Perth last night to mark the 30-year anniversary of Rio Tinto and Sinosteel Corporation’s historic Channar Mining Joint Venture.

Rio Tinto hosted Sinosteel Corporation President Liu Andong and former Australian Prime Minister Bob Hawke, who was present at the original signing ceremony in 1987.
Chris Salisbury said “The strong partnership we have forged with Sinosteel over the past 30 years is one of Australia’s most significant trading relationships. It has seen Rio Tinto deliver more than 250 million tonnes of iron ore to China, undoubtedly helping transform the Chinese economy.”

Rio Tinto shipped its five billionth tonne of iron ore last year after 50 years of operations in the Pilbara Over the past seven years Rio Tinto has spent almost A$57 billion with West Australian businesses Rio Tinto secured contracts with more than 50 indigenous businesses last year.

BHP celebrated two significant milestones at Olympic Dam with first ore from the high-grade underground expansion into the Southern Mining Area (SMA) and the first copper cathode produced from its heap leach Research and Development trials.


Olympic Dam Asset President Jacqui McGill said BHP is taking steps towards unlocking the potential of one of the world’s largest orebodies.



“The move into the SMA forms the foundation of Olympic Dam’s long-term expansion plans, and successful tests of the heap leach copper extraction technology have the potential to support an increase in production to over 450,000 tonnes of copper a year,” she said.


“We believe Olympic Dam can underpin jobs and economic development in South Australia for generations to come.
“An estimated A$250 million had been invested in the SMA expansion by the end of the 2017 financial year.

“A dedicated team of approximately 180 people have accelerated the development of the Southern Mine Area over the past 15 months, and confirmation today of first ore is a testament to their hard work and commitment.” Speaking at the Bureau Veritas pilot plant in Wingfield Adelaide, Ms McGill said heap leaching technology could revolutionise production at BHP’s Olympic Dam mine.

“Integrated heap leach ore processing is a low-cost processing option being assessed for Olympic Dam to extract copper, uranium, gold and silver from our unique poly-metallic orebody, and support our future growth plans in the State.” 
A series of larger scale experiments and testing on the heap leach process are being undertaken over the next three years.


Ms McGill said today’s milestones came on the back of BHP’s recent media announcements to invest approximately A$600 million this financial year to support underground development and upgrade surface processing facilities for long-term growth.

“Seeing the first output from the heap leach trials and from the SMA supports moving toward unlocking Olympic Dam’s potential and building a foundation for long-term, sustainable growth in South Australia.”


Ms McGill said BHP Olympic Dam announced a large recruitment drive in May this year targeting diverse talent from across the State for a variety of roles. The operation is continuing to recruit roles to support sustainable future growth plans and anyone interested should register online at bhp.com for job alerts.

A 2.6 billion-year-old rock has made a journey of almost 14,000 kilometres from Australia’s Pilbara region to London and will go on display at a new exhibition at the Natural History Museum (NHM), opened by HRH The Duchess of Cambridge.


The colourfully layered 2.5 tonne rock, a piece of banded iron formation (BIF), was chosen by the NHM as part of a wider exhibition to celebrate the wonder and beauty of the natural world, from the origins of the universe, to the story of evolution and diversity in the world today.


BIFs were formed more than three billion years ago when bacteria in our planet’s young oceans began to produce oxygen through photosynthesis. This oxygen combined with dissolved iron in the sea to form insoluble iron oxide, which separated out of the water and sank to the seafloor. As it settled, bands of red and grey iron-oxide developed between layers of silica-rich sediment. Without this process, there may never have been an oxygenated ocean to support the eventual evolution of more complex life on Earth.


Sourced from Rio Tinto’s Mount Tom Price mine and selected with the assistance of Traditional Owners, the Eastern Guruma people, the rock was diamond-cut to shape before being shipped to London. It will now form part of the Natural History Museum’s newly refurbished Hintze Hall display, opened by the museum’s patron, HRH The Duchess of Cambridge, and Sir David Attenborough at a gala launch.

Rio Tinto Group executive Growth & Innovation Stephen McIntosh said “We are very proud to have been involved with the Eastern Guruma people in donating a piece of such significance to the Natural History Museum. The BIF provides an important geological marker for when the first oxygen-generating life formed in the oceans, and helps us to understand how the world we know today evolved.”


“Iron ore has been at the centre of the Earth’s development for billions of years and human development for thousands of years. From the iron age to today’s steel age it has been essential to human progress,” he added.


Contacts:

Media Relations, EMEA / Americas
Illtud Harri
Office: +44 (0) 20 7781 1152
Mobile: +44 (0) 7920 503 600


David Outhwaite
Office: +44 (0) 20 7781 1623
Mobile: +44 (0) 7787 597 493


David Luff

Office: +44 (0) 20 7781 1177
Mobile: +44 (0) 7780 226 422

Media Relations, Australia / Asia

Ben Mitchell

Office: +61 (0) 3 9283 3620
Mobile: +61 (0) 419 850 212


Anthony Havers

Office: +61 8 9425 8557
Mobile: +61 459 847 758


Investor Relations, London

John Smelt
Office: +44 (0) 20 7781 1654
Mobile: +44 (0) 7879 642 675


David Ovington

Office: +44 (0) 20 7781 2051
Mobile: +44 (0) 7920 010 978


Nick Parkinson

Office: +44 20 7781 1552
Mobile: +44 7810 657 556

Investor Relations, Australia

Natalie Worley

Office: +61 (0) 3 9283 3063
Mobile: +61 (0) 409 210 462


Rachel Storrs

Office: +61 (0) 3 9283 3628
Mobile: +61 (0) 417 401 018

The Rio Tinto board has reconfirmed its recommendation that shareholders vote in favour of the sale of its wholly-owned subsidiary Coal & Allied Industries Limited to Yancoal Australia Limited .

The recommendation follows consideration by the board of a counter proposal from Glencore plc and a proposal from Yancoal comprising improved terms to the transaction previously announced.

Rio Tinto has engaged in active discussion with both parties and the board assessed a number of factors in its consideration of both proposals, including price and value; the risk that regulatory approvals will not be granted, or will be significantly delayed; funding certainty; and deal execution timeline. The board is recommending Yancoal’s proposal to its shareholders based on:

Yancoal’s agreement to accelerate all deferred payments and make a single payment of $2.45 billion at completion to purchase the C&A assets plus coal price-linked royalty.

Additional information and confirmations regarding Yancoal’s funding plans.

Receipt of confirmation from Yancoal that it has received or will waive all the regulatory approvals that are conditions precedent to its ability to close, including Chinese regulatory approvals from the National Development and Reform Commission (NDRC), the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) and the Ministry of Commerce of the People’s Republic of China (MOFCOM), the State Administration of Foreign Exchange of the People’s Republic of China (SAFE) and Australian regulatory approvals from the Foreign Investment Review Board (FIRB), the Australian Competition & Consumer Commission (ACCC) and the NSW Minister for Resources.

Glencore having not secured clearance from various jurisdictions including Australia (FIRB and ACCC) and China (MOFCOM) or from the Korean or Taiwanese authorities and there being uncertainty that these approvals can be achieved in a timely manner.

The expectation that there will be a much faster completion timeframe under Yancoal’s proposal. It is in the best interests of Rio Tinto shareholders and employees, and Coal & Allied business customers and other stakeholders, to transact on a basis that minimises uncertainty.

Rio Tinto chief executive J-S Jacques said “We believe Yancoal’s offer to purchase our thermal coal assets for $2.45 billion offers the best value and greater transaction certainty for shareholders.

“Yancoal’s revised offer is the most attractive because it removes the deferred payment structure, can meet the timeline we have set for the transaction, and has given us certainty regarding the outstanding regulatory approvals required.

“The sale of Coal & Allied will create outstanding value for shareholders and is consistent with our strategy of simplifying our portfolio to ensure the most effective use of our capital”.


Under the UK Listing Rules and ASX Listing Rules, the transaction with Yancoal requires the approval of Rio Tinto shareholders and accordingly, the Rio Tinto plc general meeting has been convened for 27 June 2017 and the Rio Tinto Limited general meeting has been convened for 29 June 2017. These meetings will go ahead as planned.


We expect the transaction to complete in the third quarter of 2017.

On 24 January 2017, Rio Tinto announced it had reached a binding agreement for the sale of its wholly-owned Australian subsidiary C&A Industries to Yancoal for:

 

An initial $1.95 billion cash payment, payable at completion plus coal price-linked royalty; and 
$500 million in aggregate deferred cash payments, payable as annual instalments of $100 million over five years following completion.

On 9 June 2017, Glencore submitted a proposal to acquire Rio Tinto’s 100 per cent interest for $2.55 billion cash plus a coal price-linked royalty, with the cash comprising:
$2.05 billion cash payable on completion;

$500 million in aggregate deferred cash payments, payable as annual instalments of $100 million over five years following completion.

Contacts:

Media Relations, EMEA / Americas
Illtud Harri
Office: +44 (0) 20 7781 1152
Mobile: +44 (0) 7920 503 600


David Outhwaite

Office: +44 (0) 20 7781 1623
Mobile: +44 (0) 7787 597 493


David Luff

Office: +44 (0) 20 7781 1177
Mobile: +44 (0) 7780 226 422


Media Relations, Australia / Asia

Ben Mitchell
Office: +61 (0) 3 9283 3620
Mobile: +61 (0) 419 850 212


Anthony Havers

Office: +61 8 9425 8557
Mobile: +61 459 847 758


Investor Relations, London

John Smelt
Office: +44 (0) 20 7781 1654
Mobile: +44 (0) 7879 642 675


David Ovington

Office: +44 (0) 20 7781 2051
Mobile: +44 (0) 7920 010 978


Nick Parkinson

Office: +44 20 7781 1552
Mobile: +44 7810 657 556


Investor Relations, Australia

Natalie Worley
Office: +61 (0) 3 9283 3063
Mobile: +61 (0) 409 210 462


Rachel Storrs

Office: +61 (0) 3 9283 3628
Mobile: +61 (0) 417 401 018

The UAE’s finest carpenters, technicians, and expert operators stole the spotlight at the Middle East’s dedicated trade fair for hardware, tools, machinery, and materials in Dubai this week.


The Tool It! Challengeat Hardware + Tools Middle East 2017 invited contracting and fit-out firms, construction companies, and workshop owners, to nominate their most skilled technicians for an intensive test of will, as they ground and drilled their way to glory among industry peers.


All 48 of them responded in kind, showcasing their finely tuned skills, and undeterred by the growing crowds drawn to the live sound of machinery piercing wood and meta
The contenders were eventually separated from the pretenders during the one-day live competition which covered five categories: drilling and screwing for both wood and metal, and measuring.


It came down to the top three craftsmen for each category, with the final winners celebrated by their colleagues and professionals from the construction, technical, and fabrication industries.


Leading tool manufacturers Bosch, 3M, Hitachi, and Nitto Khoki were on board as category sponsors, presenting the champions with their prizes: the latest tool sets, measuring equipment, and accessories.


Taking home the spoils was Khalil Miah from Sarco Building Contracting Company, who wontwo categories: the Metal Drilling category by Nitto Khoki, and the Measuring Tools category sponsored by Bosch.


Other winners were Jagan Sekar from Al Fajer Contracting, who won the Metal Grinding by 3M category; Inderjit Singh from Divine Creations for Metal Screwing by Hitachi, andNathu Sharma from Al Fajer, who took home the Wood Screwing Gold Medal, also sponsored by Bosch.


“The Inaugural Tool It! Challenge has proved to be a massive hit, and we’re delighted with the industry response to this inaugural competition,” said Ahmed Pauwels, CEO of Messe Frankfurt Middle East, the organiser of Hardware + Tools Middle East.


“These men work tirelessly in building some of the UAE’s most loved landmarks, using skills and techniques needed to perform in the most extreme conditions. To see them showcase their skills live in front of their colleagues and industry peers is a unique spectacle.”


“This is something that’s never been done before, and it’s pleasing to see leading manufacturers get on board,” added Pauwels. “The competition also underlines the importance of having top quality dependable tools in order to ensure the safety of the worker and the workplace.”


Hardware + Tools Middle East 2017 opened yesterday and runs until tomorrow (24 May) at the Dubai International Convention and Exhibition Centre, featuring 166 exhibitors.


The annual three-day event is the region’s only exhibition dedicated to tools, hardware, materials and machinery, representing a broad spectrum of segments within the construction and technical industries. It was opened by His Excellency Mattar Al Tayer, Director General and Chairman of the Board of Executive Directors at the Dubai Roads and Transport Authority.

Hardware + Tools Middle East 2017 returns with the Expert Zone, a one-stop destination showcasing the latest technology and solutions fromthe most established brands in the business.More information is available at www.hardwaretoolsme.com.


Hardware+Tools
Hardware+Tools is the Middle East’s only dedicated event for tools, hardware materials and machinery. Industry professionals involved in the supply of equipment to or the design, construction, build or specification of commercial or residential developments understand the importance of keeping up to date with new products, services and technology in the field. 


Hardware+Tools Middle East is the perfect platform to meet new contacts, discuss new trends and technological developments, keep up to date with industry knowledge and source new products and solutions. The next edition will take place from 22-24 May 2017 at the Dubai International Convention and Exhibition Centre. Show website: www.hardwaretoolsme.com


Messe Frankfurt

Messe Frankfurt is the world’s largest trade fair, congress and event organiser with its own exhibition grounds. With some 2,400 employees at 30 locations, the company generates annual sales of over €640 million. The Messe Frankfurt Group has a global network of 30 subsidiaries and 55 international sales partners, allowing it to serve its customers on location in 175 countries. Messe Frankfurt events take place at approx. 50 locations around the globe. In 2016, a total of 138 trade fairs were held under the Messe Frankfurt umbrella, of which more than half took place outside Germany.

Thanks to its far-reaching ties with the relevant sectors and to its international sales network, the Group looks after the business interests of its customers effectively. A comprehensive range of services – both onsite and online – ensures that customers worldwide enjoy consistently high quality and flexibility when planning, organising and running their events. The wide range of services includes renting exhibition grounds, trade fair construction and marketing, personnel and food services. With its headquarters in Frankfurt am Main, the company is owned by the City of Frankfurt (60 percent) and the State of Hesse (40 percent).


For more information, please visit our website at: www.messefrankfurt.com


About Messe Frankfurt Middle East GmbH

The portfolio of events for Messe Frankfurt Middle East includes Automechanika Dubai, Automechanika Jeddah, Automechanika Riyadh, Beautyworld Middle East, Hardware+Tools Middle East, Intersec, Intersec Saudi Arabia, Leatherworld Middle East, Light Middle East, Materials Handling Middle East, Materials Handling Saudi Arabia, Paperworld Middle East, and Prolight + Sound Middle East. The subsidiary also organises a series of conferences and seminars including the BOHS Worker Health Protection Conference, the Business in Beauty Summit, the Light Middle East Conference, Smart Traffic Middle East, and Future Mobility. For more information, please visit our website at www.messefrankfurtme.com

Dubai’s hardware and tools trade was valued at AED5.07 billion in 2016, with the USA, China, Italy, Germany, and India, the Emirate’s top five trading partner countries of construction-related equipment and machinery for the year.

According to figures released by the Dubai Customs today (22 May), Dubai imported AED3.6 billion worth of hardware and tools last year, while exports and re-exports into neighbouring countries were valued at AED1.467 billion.

 

The USA maintains its position as Dubai’s number one trading partner country, with hardware and tools trade between the two valued at AED808 million last year – 18 per cent of the total figure. China was next, with AED757 million worth of trade (15 per cent), followed by Italy (AED433 million), and Germany (AED357 million).


India also snuck into the top five, with the South Asian powerhouse trading AED 276 million worth of hardware and too
ls with Dubai in 2016. Together,the top five countries accounted for 52 per cent (AED2.631 billion) of all Dubai’s hardware and tools trade in 2016.


Plenty of manufacturers from these countries are also among the 166 exhibitors out in force at Hardware + Tools Middle 2017, which opened doors for the 18th time today at the Dubai International Convention and Exhibition Centre.


The annual three-day event is the region’s only exhibition dedicated to tools, hardware, materials and machinery, representing a broad spectrum of segments within the construction and technical industries. It was opened by His Excellency Mattar Al Tayer, Director General and Chairman of the Board of Executive Directors at the Dubai Roads and Transport Authority.


“Hardware + Tools Middle East is an ideal interactive business development and trade platform for international brands looking to gain traction in the wider MEA region,” said Ahmed Pauwels, CEO of Messe Frankfurt Middle East, the organiser of Hardware + Tools Middle East.


“A new development this year is the Tool It! Challenge, where we’ve invited contracting and fit-out firms, construction companies, or workshop owners, to nominate their most skilled technicians for an intensive test of will, as they grind, drill, and cut their way to glory among industry peers.


“The competition features 48 technicians and comprises three categories: Woodwork Routing, Screw Driving, and Metal Working. We wanted torecognise and reward the hard working men that are a crucial component of any successful project,while at the same time underline the importance of having top quality dependable tools in order to ensure the safety of the worker and the workplace,” added Pauwels.


Among the headline exhibitors this week at Hardware + Tools Middle East 2017 are Bosch Power Tools and Wiha from Germany, Hitachi Power Tools and Nitto Kohki from Japan, and US-headquartered manufacturer 3M.

Central Motors & Equipment (CC&M) is the exclusive UAE distributor of Bosch Power Tools, and is launching its latest range of German manufactured equipment aimed at contracting and fit-out firms, construction companies, or workshops across the region.


“The UAE is a global investment hub in the Middle East, with tremendous developments underway which require professional and durable tools to ensure the high standards of projects the country is undergoing is maintained,” said Ismaeel Hassen, CM&E’s General Manager.

“We bring to Hardware + Tools Middle East 2017 the expertise of Germany’s Bosch Power Tools with CM&E’s customer-focused vision and decades of experience in the market. Plus, we cater to a wide range of clients from large corporations with our professional tools to individuals with the DIY array; as a result, this platform is pivotal for us to expand our network and raise further awareness about our line of business.”


Japanese manufacturer Hitachi is one of world’s leading power tool manufacturers, and a debut Hardware + Tools Middle East exhibitor. Ichiro Komagata, General Manager of Hitachi Koki Gulf Branch, said the company is launching its Brushless Range of Demolition Hammers, Brushless Cordless Drive Drill and Brushless Rotary Hammer Drill.


“The Middle East and Africa is important to us as we’re focusing on emerging markets, where the potential opportunities for business growth and expansion is tremendous,” said Komagata.


“The GCC market is also bound to bounce back from its correction phase and we’re optimistic that the doors will soon be wide open to a world of greener pastures. We’re striving to be ready to kick off before the doors open up in future.”

Hardware + Tools Middle East 2017 returns with the Expert Zone, a one-stop destination showcasing the latest technology and solutions fromthe most established brands in the business.More information is available at www.hardwaretoolsme.com.


Hardware+Tools
Hardware+Tools is the Middle East’s only dedicated event for tools, hardware materials and machinery. Industry professionals involved in the supply of equipment to or the design, construction, build or specification of commercial or residential developments understand the importance of keeping up to date with new products, services and technology in the field. 


Hardware+Tools Middle East is the perfect platform to meet new contacts, discuss new trends and technological developments, keep up to date with industry knowledge and source new products and solutions. The next edition will take place from 22-24 May 2017 at the Dubai International Convention and Exhibition Centre. Show website: www.hardwaretoolsme.com

 

Messe Frankfurt
Messe Frankfurt is the world’s largest trade fair, congress and event organiser with its own exhibition grounds. With some 2,400 employees at 30 locations, the company generates annual sales of over €640 million. The Messe Frankfurt Group has a global network of 30 subsidiaries and 55 international sales partners, allowing it to serve its customers on location in 175 countries. Messe Frankfurt events take place at approx. 50 locations around the globe. In 2016, a total of 138 trade fairs were held under the Messe Frankfurt umbrella, of which more than half took place outside Germany.

Thanks to its far-reaching ties with the relevant sectors and to its international sales network, the Group looks after the business interests of its customers effectively. A comprehensive range of services – both onsite and online – ensures that customers worldwide enjoy consistently high quality and flexibility when planning, organising and running their events. The wide range of services includes renting exhibition grounds, trade fair construction and marketing, personnel and food services. With its headquarters in Frankfurt am Main, the company is owned by the City of Frankfurt (60 percent) and the State of Hesse (40 percent).


For more information, please visit our website at: www.messefrankfurt.com


About Messe Frankfurt Middle East GmbH

The portfolio of events for Messe Frankfurt Middle East includes Automechanika Dubai, Automechanika Jeddah, Automechanika Riyadh, Beautyworld Middle East, Hardware+Tools Middle East, Intersec, Intersec Saudi Arabia, Leatherworld Middle East, Light Middle East, Materials Handling Middle East, Materials Handling Saudi Arabia, Paperworld Middle East, and Prolight + Sound Middle East. The subsidiary also organises a series of conferences and seminars including the BOHS Worker Health Protection Conference, the Business in Beauty Summit, the Light Middle East Conference, Smart Traffic Middle East, and Future Mobility. For more information, please visit our website at www.messefrankfurtme.com

 

Stornoway Diamond Corporation is pleased to announce the inaugural sale of Quebec-mined diamonds at a launch event hosted yesterday evening by Birks at their iconic Montreal flagship store.

In the presence of Birks Group President and CEO, Mr. Jean-Christophe Bédos, and Matt Manson, President and CEO of Stornoway, invited guests had the opportunity to view a collection of polished diamonds up to 10 carats in size, mined during the initial ramp-up period of Stornoway’s Renard Mine in Northern Quebec and set in Birks’ signature designs.

Matt Manson, President and CEO, commented: “We are honoured to be able to partner with Birks in the presentation of Quebec’s first diamonds to the retail market. It is fitting that these first beautiful, Quebec diamonds derived from Quebec’s first diamond mine should premier for sale at Maison Birks, Quebec’s most storied diamond jeweler. Yesterday evening’s event marked another step in the long journey to bring the Renard Mine and Renard diamonds to the global market.”

Birks will be presenting the first Quebec diamonds for sale at their Montreal flagship store at 1240 Philips Square, Montreal, Quebec, in Ottawa, Ontario between May 25th – May 31st and in Ste. Foy, Quebec between June 5th to June 19th.

About the Renard Diamond Mine
The Renard Diamond Mine is Quebec’s first producing diamond mine and Canada’s sixth. It is located approximately 250 km north of the Cree community of Mistissini and 350 km north of Chibougamau in the James Bay region of north-central Québec. Construction on the project commenced on July 10, 2014, and commercial production was declared on January 1, 2017. Average annual diamond production is forecast at 1.8 million carats per annum over the first 10 years of mining. Readers are referred to the technical report dated January 11, 2016, in respect of the September 2015 Mineral Resource estimate, and the technical report dated March 30, 2016, in respect of the March 2016 Updated Mine Plan and Mineral Reserve Estimate for further details and assumptions relating to the project.

About Stornoway Diamond Corporation
Stornoway is a leading Canadian diamond exploration and development company listed on the Toronto Stock Exchange under the symbol SWY and headquartered in Montreal. Our flagship asset is the 100% owned Renard Diamond Project, Québec’s first diamond mine. Stornoway is a growth oriented company with a world-class asset, in one of the world’s best mining jurisdictions, in one of the world’s great mining businesses.

On behalf of the Board
STORNOWAY DIAMOND CORPORATION
/s/ “Matt Manson”
Matt Manson
President and Chief Executive


For more information, please contact Matt Manson (President and CEO)
at 416-304-1026 x2101

or Orin Baranowsky (Interim CFO and Vice President, Investor Relations and Corporate Development)
at 416-304-1026 x2103
or toll free at 1-877-331-2232

This email address is being protected from spambots. You need JavaScript enabled to view it.
Website: www.stornowaydiamonds.com
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Page 1 of 59

Subscribe To Our Newsletter

Security Q:How many eyes has a typical person? (ex: 1)
Name:
Email: