Oceania Economy news, Markets and Business Trends - Made-in-China.com

Directorate of Mines Informed The Supreme Court Appointed Centrally Empowered Committee

Dec 14, 2012

Business Standard reported that the Directorate of Mines on December 10th informed the Supreme Court appointed Centrally Empowered Committee that it has completed the process of lease renewal of 40 mines, which are working under deemed ...

Tags: mines, Mineral, mining lease, Mining Corporation

PepinNini Minerals Started Drilling The Yagen Prospect in The West Musgrave Province

Dec 14, 2012

PepinNini Minerals has started drilling the Yagen Prospect in the west Musgrave Province, South Australia which hosts electro magnetic conductivity anomalies similar to those at the Byron Prospect. This drilling along with ground ...

Tags: mining gold, mining exploration, scrap gold, copper ore mining

A Steel Business Is Targeting Growth After Receiving a GBP 700,000 Finance Package

Dec 14, 2012

Menmedia reported that a steel business is targeting growth after receiving a GBP 700,000 finance package from Yorkshire Bank. Radcliffe based Steel Dynamics was founded in September to supply stainless steel, duplex and nickel alloys to ...

Tags: Steel Dynamics, steel, stainless steel, nickel alloys

Frontier Resources Has Been Awarded Two Exploration Licences on New Britain Island

Dec 14, 2012

Frontier Resources has been awarded two exploration licences on New Britain Island, Papua New Guinea that are prospective for copper and gold. The two licences cover a total of 2,780 square kilometers and are mostly unexplored though the ...

Tags: scrap gold, mining gold, gold price, gold market

There Is No Policy for Fixation of Sale Price of The Ore

Dec 14, 2012

Business Standard reported that amid allegations of monopolization of chrome ore trade leveled by the All Odisha Steel Federation against state controlled miner Odisha Mining Corporation, the Odisha government has informed the Competition ...

Tags: chrome ore, chrome ore trade, ore, sponge iron

Resources Has Completed Its AUD 1.77 Million Raising to Accelerate Exploration

Dec 14, 2012

Quintessential Resources has completed its AUD 1.77 million raising to accelerate exploration of its Bismarck copper and gold project in Papua New Guinea. The company will start a 1,000 meter diamond drilling program at the Irak Prospect ...

Tags: mining gold, gold price, gold market, gold per gram

Iron Ore Shipments From Australia Advanced to a Record in October

Dec 14, 2012

Bloomberg reported that iron ore shipments from Australia advanced to a record in October as a strengthening Chinese economy boosted demand. According to government data compiled, exports gained 7.6% from September to 44.2 million metric ...

Tags: iron ore, industrial output, exports, Steel

IIMA President Announced The Appointment of Stuart Horner as Secretary General

Dec 14, 2012

International Iron Metallics Association (IIMA) President Alberto Hassan, acting on behalf of the Board of Directors and Executive Committee, today announced the appointment of Stuart Horner as Secretary General, effective January 1, 2013. ...

Tags: Iron, Iron Metallics, metals, metallurgical

Kincora Copper Continues to Drill and Is Consistently Finding Evidence of Copper

Dec 13, 2012

Mr John Rickus President & CEO at Kincora Copper said that the company continues to drill and is consistently finding evidence of copper. The strategy remains to further the drill campaign until it finds a large deposit that it believes is ...

Tags: copper, strategy, campaign

Russkaya Compressor Celebrate The Construction Start-up of The South Stream Gas Pipeline

Dec 13, 2012

The Russkaya compressor station site (near Anapa, Krasnodar Territory) hosted the celebrations dedicated to the construction start-up of the South Stream gas pipeline. The celebrations were attended by Vladimir Putin, President of the ...

Tags: gas pipeline, celebrations, gas transportation

Ukraine Used 84.52% of Their Annual Quota up to The End of September 2013

Dec 13, 2012

As of November 30th 2012, importers of steel pipes to Ukraine used 84.52% of their annual quota up to the end of September 2013 for imports of steel seamless casing and tubing with diameters up to 406.4 mm. For the period from October ...

Tags: steel pipes, imports, steel seamless casing

Change Is on 29th November as Compared to 22nd November 2012

Dec 13, 2012

Base metals at LME posted major recovery last week on signs of improved demand for the industrial metal from China and the US highlighting market's belief that demand is going to be significantly improved in 2013. London Metal Exchange ...

Tags: LME, industrial metal, london metal exchange rates

Government Has Repossessed Mwanesi Iron Ore Deposits in Chivhu Paving Way

Dec 13, 2012

Government has repossessed Mwanesi iron ore deposits in Chivhu paving way for Essar Africa Holdings to resume operations at NewZim Steel. The deposits were subject to a legal wrangle as a former Zisco employee Mr Roderick Mumbire ...

Tags: iron ore deposits, operations, steel, investment

Hydra Properties Is Being Forced to Auction Three Plots of Land in Dubai

Dec 13, 2012

Arabian Business reported that Hydra Properties is being forced to auction three plots of land in Dubai to settle outstanding payments owed to homeowners who won legal cases against the developer for delayed and cancelled real estate ...

Tags: homeowners, real estate projects, payments

The UAE Produced 2.67 Million Barrels Per Day in October

Dec 13, 2012

Latest data from the Paris based International Energy Agency showed that the UAE, on average, produced 2.67 million barrels per day in October 0.74% lower than its output in September. IEA said that in the Q1 of 2013, increased ...

Tags: IEA, project expansions, oil production capacity

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