Brazil-based mining giant Vale has announced that it has obtained the installation environmental license (LI) for its Carajás S11D iron ore project, the highest grade and lowest cost world-class project in the industry. With the ...
Governments routinely use the internet to spy on people and organisations, and to steal sensitive and classified information - and we'd all better get used to it. That is the message from Chinese' networking company Huawei's head of ...
Tags: Computer Products, software
A major FTSE-100-listed mining company has revealed that it may have lost valuable corporate data after a laptop computer was taken during a domestic burglary, while it has also warned of a "potential loss of data" as a result of an alleged ...
Tags: Computer Products
Brazil-based mining giant Vale has reduced its coal export forecast from Mozambique by 30 percent, due to heavy rainfall affecting mining activities in Tete Province in February, according to African Press Agency. Accordingly, the company ...
Tags: Vale, Coal, Mozambique Mine
UK-based mining giant Anglo American Corporation has announced its production results for the first quarter ended on March 31, 2013. In the first quarter, the iron ore production from Kumba Iron Ore increased by two percent year on year ...
Brazil-based mining giant Vale has announced its production results for the first quarter of 2013. In the first quarter, Vale produced 67.53 million mt of iron ore, falling 3.5 percent compared to the corresponding quarter of the previous ...
Tags: Vale, Iron Ore Production
Global steelmaking and mining giant Evraz Group S.A. has announced that its crude steel output in the first quarter of the current year increased by 11 percent quarter on quarter to 4.068 million mt mainly due to the absence of overhauls ...
Tags: Evraz, Crude Steel Output
Russia-based steelmaking and mining giant Evraz has announced its preliminary audited results for the year ended 31 December 2012. In the given year, Evraz registered sales revenues of about $14.726 billion, decreasing 10.2 percent ...
Tags: Metallurgy, Mineral, Energy, steel
Russia-based steelmaking and mining giant Evraz has announced that it has successfully completed the preliminary qualifications required to become a supplier of railway wheels for the German national railway company Deutsche Bahn. As a ...
Tags: Wheels, Metallurgy, Mineral, Energy, steel
The sharemarket closed down more than 1 per cent after better-than-expected jobs data lowered the chance of another interest rate cut. At the close today, the benchmark S&P/ASX200 index was down 60.2 points, or 1.18 per cent, at 5032.2 ...
Tags: sharemarket, Stocks, benchmark
The sharemarket fell sharply yesterday as iron ore prices declined and strong jobs news cooled hopes of interest rate cuts. Employment jumped by 71,500 places last month, the Australian Bureau of Statistics said. Economists had expected a ...
Tags: sharemarket, iron ore prices, iron ore
Australian mining giant Rio Tinto remains committed to its $10 billion Simandou iron ore projects located in Guinea, West Africa, despite the slowdown in progress regarding development of the project, according to media reports. The ...
Tags: iron ore project, iron ore, mining
International commodities trader Glencore International plc (Glencore) has announced that it will not be able to complete the $31 billion takeover transaction for the Anglo-Swiss miner and coking coal producer Xstrata plc (Xstrata) by March ...
Tags: miner, coking coal, mining giant
Russia-based steelmaking and mining giant Evraz has announced the launch of production at the Yerunakovskaya-VIII Mine of its subsidiary Yuzhkuzbassugol Coal Co. The cost of the mining project, located in the Kemerevo region, totalled ...
Tags: steelmaker, mining, Mineral
UK-based mining giant Anglo American has issued its financial results for the full year 2012, reporting a net loss amounting to $1.5 billion, compared to a net profit of $6.17 billion in the previous year. Revenues for the period decreased ...
Tags: Anglo American, mining giant, Metallurgy