Rolls-Royce has won a contract worth more than £1 billion to deliver reactor cores for the UK’s nuclear-powered submarine fleet.

The contract from the Ministry of Defence (MoD) includes regeneration of Rolls-Royce’s current submarine reactor core manufacturing facility in Derby, UK. Rolls-Royce said it will introduce the latest technology and manufacturing techniques to deliver increased efficiencies, completing a phased rebuild to provide a “leading-edge manufacturing facility with the highest standards of safety”.

With Eskom no longer having the sole responsibility for electricity generation in South Africa, new independent providers are moving into the market. Cennergi, one of the most recent entrants, is setting itself ambitious targets.

While Europe continues to dominate the agenda, Mexico has achieved a couple of milestones today in th einterbational arena.

The G20 conference taking place in Los Cabos, Mexico today and tomorrow is the first time the summit has been held in Latin America, a region currently enjoying better growth than most developed economies.

Netherlands-based construction company Ballast Nedam has joined forces with Microbeton to form a new joint venture, Concrete Valley, it has been announced.

The new venture, which will focus on specialised solutions in the concrete industry, consists of two companies, Waco Lingen Beton (a Ballast Nedham company) and Microbeton, which develops and manufactures lightweight ferrocement products.

This is a crucial weekend for Greece, Europe and the rest of the world.

Greece goes to the polls on Sunday for the second time in six weeks, with the distinct possibility that the government that emerges from the election may reject the austerity conditions attached to the bailouts it has received from the Eurozone.

Liberty Gold Corp. has acquired a 60 percent interest McCord Creek Property gold project in central Alaska's Tolovana Mining District.

Liberty Gold will be the project's operator.

The McCord Creek project comprises 14 State mining claims located 70 miles northwest of Fairbanks in the Tintina Gold Belt, which has produced nearly 30 million ounces of gold to date and has experienced accelerated gold exploration, development, and mining activity over the years.

Gulf Warehousing Company had a successful year in 2011 and is within sight of completing one of the finest logistics complexes in the Middle East: its-state-of-the-art Logistics Village Qatar.

Premier Foods, the UK’s largest food producer, has reached an agreement to sell its vinegar and sour pickles business to Mizkan for £41 million.

The sale, which includes the Sarson’s, Haywards and Dufrais brands, is expected to complete by the end of July 2012.

The agreement marks the latest stage in the company’s strategy to prioritise investment into its eight ‘Power Brands’ and divest selected non-core businesses.

Romarco Minerals has renegotiated a number of key contracts to re-align equipment deliveries for the development of the Haile Gold Mine in South Carolina.

Last month, Romarco received a schedule from the US Army Corps of Engineers for completing the Environmental Impact Statement for the Federal 404 Wetlands permit. The schedule gives the decision date for the permit as 16 August 2013, somewhat later than Romarco had anticipated.