Northland Resources SA announced that it’s wholly owned subsidiary Northland Resources AB has signed a term sheet for a USD 20 million bond loan. The bond has a 12.25% interest coupon and matures February 26th 2016. The present ...
Tags: bond loan, Northland Resources, bond agreement, bond
BHP Billiton Petroleum Group Chief Executive said PetroChina has acquired an interest in a world class gas source and BHP Billiton has exited a non-strategic asset BHP Billiton,the Australian coal miner, had signed an agreement with ...
Tags: PetroChina interests, Gas Project, Petroleum Group, Petroleum
When making purchasing decision on energy efficient lighting, it is not uncommon for people to choose LED tubes lights on price alone. With conventional lamps where all things are equal, per-lamp price is a reasonable yardstick. However, ...
Tags: LED tubes lights, price, LED
THE Australian sharemarket is set to fall today after world markets dropped on concerns about stalled budget negotiations in the United States. At 7.10am AEDT the December share price index futures contract was down 12 points at 4,578. ...
Broking firm Kotak Commodity Services gave following outlook on base metals segments: Copper - MCX Copper may note some decline tracking slight retreat in international markets, however the downside. LME Copper trades slightly lower ...
Bloomberg quoted Treasurer Mr Wayne Swan before a government report on gross domestic product this week said that growth in Australia, the world's biggest exporter of iron ore and coal, may have slowed last quarter as commodity prices fell. ...
Tags: iron ore, coal, Australia, resource projects
Iron ore levels remained ascendant for the 3rd consecutive day. It has touching levels last seen in July. Primarily driven by expected economic recovery in Q1 supported by strong critical parameters has set speculative fear in the market. ...
Tags: iron ore levels, economic recovery, iron market, mill
Bloomberg reported that cthat infrastructure projects and stimulus spending by China, the world’s biggest buyer, will boost demand. The Canberra based Bureau of Resources and Energy Economics said that prices will average USD 106 a ...
Tags: Australia, price, nfrastructure project, energy economics
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: steel, metal, mining, steel price
THE Australian dollar was more than a third of a US cent lower following slides on global stock markets. At 6.30am AEDT the currency was trading at 105.16 US cents,down from 105.52 cents at yesterday's local close. The currency's move ...
Tags: Australian dollar, US, Europe
THE Australian dollar hovered near three-month highs yesterday,buoyed by the US Federal Reserve's latest attempt to pump liquidity into the world's largest economy. The Fed,at the conclusion of its last policy meeting for the year,decided ...
Tags: Australian dollar, Fed, Operation Twist, RBA, CBA
After the Kurri Kurri community was devastated by the closure of the local aluminium smelter, plans are afoot to bring a new manufacturing business to the town. Industrial Building Services plans to relocate from Tomago to the Hunter ...
Tags: steel business, steel, aluminium smelter, steel fabrication
JFE Holdings Inc and IHI Corporation announced that the effective date of the management integration of their respective subsidiaries Universal Shipbuilding Corporation and IHI Marine United Inc. is January 1, 2013, as announced tentatively ...
Tags: iron ore price news, steel construction, steel market prices
The News reported that Industrialists lash out squeezing of gas supplies to the industries leading to layoff of a large number of workers despite the fact that controlling wastefulness of gas in the domestic sector could save the country a ...
Tags: gas, gas supplies, gas heaters, gas supply network
Aberdeen based oilfield services firm, Coretrax, has moved to a new purpose built HQ with an investment of GBP 2.4 million into the office and workshop space. Formed in 2008, the company had outgrown its previous offices in Altens, ...
Tags: oilfield services, oilfield, oil aindustry, gas industry