Bloomberg reported that MMX Mineracao & Metalicos SA, the mining company controlled by billionaire Mr Eike Batista, led the Brazilian Bovespa index after saying it will sell BRL 1.37 billion of new shares, reducing funding concerns for its ...
Tags: iron ore price news, gold shares, stock market prices, stock and shares
vanguardngr reported that Ajaokuta Steel Company was a big dream, and Mr Noel Onoja remembers with nostalgia the splendor of the complex, and the dream that it had the potential to place the country on the path of international industrial ...
Tags: steel, Metallurgy
The multi national mining company Rio Tinto has long promised that its proposed new copper mine near the small town of Superior, Ariz., would provide 4,000 jobs and economic salvation for a local population that has struggled to find work ...
National Aluminium Company may call off its proposed INR 16,000 crore aluminium smelter and captive power plant project in the island nation of Indonesia if they manage to get clearances and coal linkages for a similar project in Odisha. ...
Tags: National Aluminium Company, aluminium smelter, aluminium, power plant
If a recent report by Associated Chambers of Commerce and Industry of India (ASSOCHAM) is anything to go by, India’s diamond industry is facing a threat of being eclipse by its close rival China in near future. Associated ...
Tags: ASSOCHAM, diamond industry, India, rough diamonds
Reuters reported that Saudi Arabia's first aluminium smelter will reach full production more slowly than planned due to long delays to a power plant it needs to run flat out. Saudi Arabian Mining Company expects to begin operations at ...
Chief Justice of Pakistan Iftikhar Muhammad Chaudhry quizzed a counsel for Tethyan Copper Company (TCC) for his claims of vested interests in award of mining lease for exploration of precious minerals resources in Reko Diq area of ...
Tags: jobs in mining, mining gold, copper mining news, mining exploration
Reuters reported that Brazil's Vale, the world's second largest mining company, cut estimated 2013 capital spending by 24% after a global slowdown and a drop in iron ore prices led the company to rethink its outlook for expansion. Vale ...
Tags: iron ore price news, job mining, pipeline job, copper mining news
Times of Indian reported that the smiles are back on iron ore workers as mines in Bellary have resumed operations. After more than 1 and a half year, mining operations is slowly starting in the district. Though permission has been given ...
Tags: iron ore price news, coal mining jobs, coal mines, mining
The government of Afghanistan announced its preferred bidders for three of its four current mineral tenders with a consortium backed by City of London banker Mr Ian Hannam former BHP Billiton CEO Chip Goodyear and Poland’s ...
Tags: Key Copper, mineral tenders, iron
Vale SA,the giant Brazilian mining company is in no rush to sell its 22%stake in Norway based aluminum company Norsk Hydro ASA. Mr Murilo Ferreira CEO of Vale said that"We will sell when it is showing value for Vale.The asset wasn't core ...
Tags: Vale SA, aluminum, mining, Norsk Hydro ASA
According to Deutsche Bank AG, BHP Billiton Ltd, the world's biggest mining company may attract investment of USD 2 billion from fertilizer makers as well as sovereign wealth funds in its Canadian potash project. Deutsche analysts Mr ...
Tags: BHP Billiton, Deutsche Bank, mining company
A group of landowners in the bauxite mining area in Bua revealed in a survey that they were not part of a decision to begin the mining process. The survey conducted by the Bua Urban Youth Network in Nawailevu this year showed 20% of ...
Tags: Bauxite dispute, bauxite mining area, mining
Oman Observers reported that a team of Vale employees recently left the Sultanate to embark on a two and a half month leadership training program in Brazil which will enhance their professional and managerial skills by gaining first hand ...
Tags: Leadership Training, training program, tailor made course
Saudi Arabia's Sahara Petrochemicals Company said late Thursday that its subsidiary Sahara and Maaden Petrochemicals Company, or Samapco, has secured a loan worth Saudi Riyals 1.98 billion ($528.2 million) from a consortium of Saudi banks. ...
Tags: Samapco, Petrochemicals, caustic soda