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

BS Reported That Copper Maker Sterlite Industries (India) Rose 5.37% to INR 112.80

Dec 13, 2012

BS reported that copper maker Sterlite Industries (India) rose 5.37% to INR 112.80. The stock topped the gainers in the BSE's A group. Metal shares were in demand as copper prices in London and Shanghai hit their highest in almost seven ...

Tags: metal shares, copper prices, copper contract, stock

Codelco Is Hopeful About Reaching a New Labor Deal with Its Union

Dec 13, 2012

Reuters reported that Codelco is hopeful about reaching a new labor deal with its union at the massive Chuquicamata mine. Mr Thomas Keller CEO of Codelco said that "We're optimistic. It's a complex negotiation but we're hoping that with ...

Tags: Codelco, copper market, mining industry

Outotec Has Delivered The World's First University

Dec 13, 2012

Outotec has delivered the world's first university based minipilot concentrator to the Department of Process and Environmental Engineering of the University of Oulu, Finland, as part of its active university cooperation. The small research ...

Tags: mining industry, Mineral, Energy

Australian Bauxite Limited Has Completed Investigative Drilling

Dec 13, 2012

Australian Bauxite Limited has completed investigative drilling as part of its due diligence with respect to Mining Lease ML80126, located 25 kilometers south of Mundubbera and 155 kilometers southwest of Bundaberg Port in central ...

Tags: bauxite layer, ABx, gibbsite bauxite

North American Nickel Inc Announced The Discovery of Significant Values for Nickel& Copper

Dec 13, 2012

North American Nickel Inc announced the discovery of significant values for nickel, copper, cobalt and for the first time the precious metals platinum, palladium and gold on its 100% owned 4,983 Square kilometers Maniitsoq project in ...

Tags: nickel, copper, cobalt

Drill Contracts Have Been Signed for Follow up Drilling of The NC12-34 Area

Dec 13, 2012

Nevada Copper Corporation announced that drill contracts have been signed for follow up drilling of the NC12-34 area from its 100% owned Pumpkin Hollow Property located near Yerington Nevada. It is expected that drill mobilization will ...

Tags: NC12-34 area, mineralization, copper resource

Ambitious Rail Plan to Create a New Australian Steel Industry by Linking Coalfields

Dec 13, 2012

The Australian reported that an ambitious rail plan to create a new Australian steel industry by linking coalfields in the east with mines in the west has taken a step forward with a top Japanese consultancy agreeing to help develop a ...

Tags: buy steel pipe, steel scrap price, iron ore price news, steel industry

Stemcor Signed Agreement with Logistics Partner Katoen Natie in Antwerp, Belgium

Dec 13, 2012

Stemcor, the world's largest independent steel trader, has signed a long-term handling and storage agreement with logistics partner Katoen Natie in Antwerp, Belgium. The intention is to consolidate stocks of steel plate into a purpose-built ...

Tags: Stemcor, steel trader, plate stocks

Tubing Will Be Locating Operations in Brownstown, Creating up to 56 New Jobs by 2015

Dec 13, 2012

The maker of mechanical and structural tubing has announced it will be locating its operations in Brownstown, creating up to 56 new jobs by 2015. According to a company press release, E&H Tubing, who recently acquired the assets of ...

Tags: maker of mechanical and structural tubing, Indiana Steel and Tube

Timken Is Costing Shareholders The Chance to Recoup USD 1.3 Billion in Market Value Lost

Dec 13, 2012

Timken Co the bearings maker that trades at the lowest earnings multiple among its peers, is costing shareholders the chance to recoup USD 1.3 billion in market value lost this year by not spinning off its steel unit. Ralph Whitworth's ...

Tags: business owners, gas bearing, stock market news, steel scrap buyers

Pluton Resources Ltd May Soon Start to Export Iron Ore

Dec 13, 2012

Pluton Resources Ltd may soon start to export iron ore mined from approximately 60 meters below sea level in the coming weeks. Mr Tony Schoer CEO of Pluton's said that the revenue obtained from this export will be used to fund further ...

Tags: iron ore price news, mining, iron, copper ore mining

The 240 Kilometers Long Pipeline Will Deliver 25 Million Cubic Meter

Dec 13, 2012

According to Oman Gas Company which will supervise and manage the pipeline project, a contract for the construction of a major gas pipeline from the Saih Nihayda gas field in central Oman to the Duqm industrial area will be awarded by the ...

Tags: gas pipeline, Oman Gas Company, pipeline project

The State News Agency AVN Said That BBVA Will Lend Venezuela EUR 162mn for a Steel Plant

Dec 13, 2012

Venezuelan lawmakers approved the conditions of USD 417 million of loans from Banco Bilbao Vizcaya Argentaria SA and Japan Bank for International Cooperation to finance transportation projects and a steel plant. The state news agency AVN ...

Tags: loans, steel plant, Caracas-Cua train line

WFE Spending Is Estimated at US$31.4 Billion in 2012

Dec 13, 2012

Taipei,Oct.17,2012(CENS)--Worldwide wafer fab equipment(WFE)spending is estimated at US$31.4 billion in 2012,for a decline of 13.3%from 2011's US$36.2 billion,according to market consulting firm Gartner,Inc. The global WFE spending is ...

Tags: WFE, drop, market

Dubai's Ship Building Unit Drydocks World Has Won a Multi Million Contract

Dec 13, 2012

Trade Arabia reported that Dubai's ship building unit Drydocks World has won a multi million contract from leading oil exploration and production company Premier Oil to build a subsea facility for Solan oil field located on the UK ...

Tags: Drydocks, oil exploration and production, oil and gas discovery

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