This was supposed to be the diamond decade. Back in 2010, De Beers executives were touting that the coming 10 years would bring unprecedented demand and growth to the industry. Almost halfway through, it feels anything but, especially for ...
Tags: Diamond Decade, diamond dealers
In the 21st century, society is increasingly aware of the environmental and social performance of supply chains and consumers. Twenty-two metals and mining companies and 32 national and regional mining associations and global commodity ...
Tags: Metals, Mining, Metallurgy, Mineral, Energy
The Australian Ministry of Finance has announced that the 30 percent Minerals Resources Rent Tax (MRRT) on coal and iron ore has been finally repealed. The repeal bill is now moving to the House of Representatives where it is expected to ...
Tags: Mining Tax, Mineral
Chinese companies are increasing their interest in buying mining companies in Mexico, not just exploring sites, said Humberto Gutierrez-Olvera, president of the Mining Chamber of Mexico (Camimex) this week. Gutierrez-Olvera said Camimex ...
Tags: Mining, Mineral, Metallurgy
Groupe Michelin posted net income of 624 million euros on net sales of more than 9.6 billion euros for the first half ending June 30, 2014. That compares to income of 507 million euros on sales of more than 10.1 billion euros for the first ...
Tags: Groupe Michelin, Income, Auto Parts
(Seattle—July 18, 2014) The U.S. Environmental Protection Agency Region 10 is issuing a proposal to protect one of the world’s most valuable salmon fisheries, in Bristol Bay, Alaska, from the risks posed by large-scale mining at ...
Tags: EPA, Valuable Salmon Fisherie, Service
Russian steelmaker Severstal, one of the world's leading steel and steel-related mining companies, has announced that in the first half of the current year its Cherepovets Steel Mill shipped about 430,000 mt of rolled steel products to ...
The World Gold Council will host a "discussion forum" starting July 7 regarding the future of the London gold pricing mechanism, the industry body said Wednesday. "The first meeting will be held July 7 in London. The Financial Conduct ...
Tags: London Gold Fix, Gold
Russian steelmaker Severstal has announced the launch of an 18 MW capacity gas-reciprocating power plant running on methane ( a coal by-product) at an industrial site of the Severnaya mine located in Vorkuta, a structural unit of ...
Tags: steelmaker, Severstal
A major survey of more than 1,600 firms has found that the high value of the Australian dollar, difficulties in obtaining finance and a lack of information about overseas markets remain major barriers to expanded international operations. ...
Tags: Australian dollar
Imports will account for close to 80% of China's iron ore requirements by 2016 as deteriorating ore quality makes more domestic supply uncompetitive in a lower price environment, China Hanking chief executive Guocheng Pan told an industry ...
Tags: Iron Ore Supply, Iron, Steel
An industry group representing Chinese iron ore miners aims to satisfy 50% of the country's annual iron ore consumption with domestic supply by 2025, up from the current 30%, via consolidation and expansion of mining companies, a senior ...
Tags: Iron Ore, Domestic Supply, Chemicals
Indonesian thermal coal exporters are now required to produce a certificate clearing the miner to produce coal before they ship material overseas, a government official said. The latest move is the second regulatory obstacle encountered ...
Tags: Coal Exporters, Regulatory Hurdle
Australia said it had made "substantial" progress on UNESCO benchmarks for protection of the Great Barrier Reef Sunday in a report aimed at staving off a world heritage downgrade. Environment Minister Greg Hunt said a progress report ...
Tags: Reef Protection, Electronics
The price of iron ore is predicted to drop this year as growth of China's steel production slows and the supply of raw materials from international mining giants increases, according to industry experts. An estimate from UBS AG earlier ...
Tags: Iron Ore, Raw Materials