THE Australian dollar is higher as sentiment about the US budget negotiations continues to be the main driver for financial markets. US President Barack Obama cut short his Christmas holidays in Hawaii to return to Washington for talks ...
Tags: in Bumpy Trade, Australian Dollar
Money managers boosted net length in NYMEX crude for the reporting week ending December 18, as front-month crude futures received a slight boost. The increase in net length came as money managers increased longs by 3,457 lots, while ...
Tags: NYMEX, crude futures, net length, economy
SteelGuru, the leading website for steel, metal and mining industry with 150,000 page views per day and 75,000 plus registered users for its E mail based news letter Steel Trade Today, has added yet another value added service for its ...
Tags: metal industry, mining industry, Steel Trade, Steel
As per the latest information from Black sea CIS steel export prices are in mixed dynamics. Billet price is rather stable with the market around USD 515 per tonne FOB Black Sea. Despite minor fluctuations, raised by particular deals and ...
Tags: CIS steel, steel, CIS steel export, Billet price
Premier Colin Barnett has told Rio Tinto and Alcoa that they're dreaming about developing a massive bauxite deposit in the remote Kimberley and flagged the possible return of the resource to taxpayers. The global giants want a two to ...
Tags: Rio Tinto, Alcoa, bauxite deposit, Kimberley, resource
French media reported that a case of fire happened in the night from Sunday to Monday in Aperam's plant at Gueugnon in central France The fire, which broke out around 22:15 ravaged 4.000 m2 of a building of 12,000 m2 housing tanks ...
Tags: Metallurgy, Mineral
Proactive Investors reported that Reward Minerals will now move ahead with the exploration and feasibility stages for its Lake Disappointment potash project in Western Australia after securing a key agreement. The Lake Disappointment ...
Tags: potassium sulfate, Mineral
Xstrata Copper's Lomas Bayas operation, located in northern Chile, has completed construction and commenced commissioning on scheduleof its USD 300 million Lomas II project to extend the mine life by 16 years, until at least 2028, at ...
Tags: Xstrata Copper, Copper, Mineral, Metallurgy
Aperam announced its financial calendar for 2013. Earnings calendar 4 February 2013-earnings for 4th quarter 2012 and 12 months 2012 7 May 2013-earnings for 1st quarter 2013 31 July 2013-earnings for 2nd quarter 2013 and 6 ...
Nippon Steel&Sumikin Stainless the largest stainless producer in Japan announced to raise the prices for austenitic rod by JPY 10,000 per tonne for December to February contracts,in order to reflect higher nickel prices. The firm ...
Tags: Austenitic Rod, Prices, Nippon Steel
The Philippine Deposit Insurance Corporation (PDIC) has entered into a memorandum of agreement with the Land Bank of the Philippines (LBP) in a bid to help enhance payment operations for deposit insurance claims. As part of the agreement, ...
Tags: PDIC, memorandum of agreement, LBP, payment operations, deposit insurance
After a month long rally of 17%culminating in the highest level in the last 5 months the buck finally stopped on the eve of New Year in China.Propped on sound macro economic parameters steel production picked up.Steel consumption has shown ...
Tags: Mineral, Metallurgy, Iron Ore Price
PTI reported that state public sector unit Gujarat Mineral Development Corporation will set up a global centre on mining safety and automation in Gujarat. The centre which is likely to be established on a public private partnership ...
THE Australian dollar is lower, trading on thin volumes, as investors remain cautious about the US budget negotiations. THE Australian dollar is lower, trading on thin volumes, as investors remain cautious about the US budget ...
Poseidon Nickel has intersected nickel sulphides outside the current known ore mineralisation boundary at the Windarra Nickel Project, with Niton readings indicating good grades. The company is developing the first new nickel project in ...