Shale gas regulations should be streamlined and the government should lend its weight to industry attempts at producing gas through hydraulic fracturing, the Economic Affairs Committee of the UK's upper house of parliament said. Launching ...
Tags: Shale gas, Energy security
China is expected to increase its coal-fired capacity in 2014 and 2015 to maintain power supply security, but that might not significantly boost thermal coal prices as the market is oversupplied, analysts at UBS Securities said in a ...
Tags: Coal-Fired Capacity, Thermal Coal
Peruvian poly-metallic miner Milpo increased production of zinc, lead, copper and silver in the first quarter after bringing online expansions at two of its mines in Peru, the miner said Monday. A unit of Brazil's Votorantim Metais, Milpo ...
Tags: Zinc Output, Silver Output
For the first quarter of 2014, Methanex reported Adjusted EBITDA of $255 million and Adjusted net income of $160 million ($1.65 per share on a diluted basis). These figures compare with Adjusted EBITDA of $245 million and Adjusted net ...
Tags: Methanex, methanol industry
The Chinese private sector's annual gold demand is set to increase 25% from the current level of around 1,100 mt to at least 1,350 mt by 2017, the World Gold Council said Tuesday in the 'China's gold market: progress and prospects' report. ...
Tags: Gold Demand, jewelry market
International credit ratings agency Fitch Ratings has affirmed the long-term rating of India-based Tata Steel at BB+ and that of its subsidiary Tata Steel UK Holdings at B+, lifting the outlook for both companies to stable from negative. ...
Tags: Fitch, Steel's Outlook
Strong market fundamentals lead to 30 per cent rise in investment sales volumes. Investment activity has surged to produce a $1 billion result in the first half of 2014, up from $661 million recorded in second half of 2013, according to ...
Tags: Service, Manufacturing, Economy
News on higher than expected support for farmers in Xinjiang, sales from the Chinese National Reserve at attractive prices, slightly decreasing US-exports as well as considerably lower prices for the competing fibre polyester have ...
Tags: CIF Bremen, textile industry
Iron ore prices of just under $120/mt are likely to stay flat in the medium term, with some softening expected in the short term, a Sanlam Securities' mining analyst said Wednesday. "There's going to be volatility in the iron ore price as ...
Tags: Iron Ore, Medium Term
Gas buyers in Asia are facing the same problems of high prices and a monopolistic market that their counterparts in Europe faced a decade or so ago, but there is no equivalent regulatory body that can force suppliers to change their ...
Tags: Gas Markets, Europe's Dilemma
Russian coking coal producer Raspadskaya lost a net $126 million in 2013, quadrupled from a net loss of $29.5 million a year ago, as its share of exports in its overall sales volumes grew to 42% due to weaker domestic demand, Raspadskaya ...
Tags: Coking Coal, Miner, integrated mining
MHI receives order for very large LPG carrier from Astomos Energy, identical to ship type ordered late last year Wednesday, Mar 26, 2014 Mitsubishi Heavy Industries, Ltd. (MHI) has received an order from Astomos Energy Corporation for a ...
Tags: LPG Carrier, MHI, Ship Type
In 2014, Australia's exports of metallurgical coal are expected to increase by an estimated 2.4 percent to 174 million metric tons, according to a report by the Australian Bureau of Resources and Energy Economics (BREE). Over the period ...
Tags: Iron Ore Exports, metallurgical coal, mines
Australia's New Hope Corporation Tuesday reported an 11.3% year-on-year fall in thermal coal production to 2.7 million mt in the half year ended January 31. The drop in production was attributed to the planned closure of its New Oakleigh ...
Austria-based steel producer voestalpine Group has announced that it aims to raise €900 million in the next three years through a company-wide program of optimizing costs and raising efficiency across all four divisions. The company ...
Tags: steel, Metallurgy, Mineral