Australian iron ore giant Rio Tinto has announced its financial results for the first half of 2014, posting a net profit of US$4.4 billion in the given period, increasing from a net profit of US$1.7 billion in the same period of the ...
The wait is over! After making MYX Fusions Moscato the fastest growing wine beverage in the U.S., fans demanded more and the makers of the bubbly brand are giving consumers exactly what they asked for - MORE MYX. The new Mango flavor ...
Tags: MORE MYX, New Mango Flavor, Food
Mechel, one of the leading Russian mining and steel groups, has announced that in the first half of this year its crude steel output decreased by 17 percent to 2.127 million mt, while its pig iron output declined by five percent to 1.9 ...
Tags: Mechel, announce, crude steel output
UK-based mining giant Anglo American Corporation has announced its production results for the second quarter of the current year. In the given quarter, iron ore production from Kumba Iron Ore increased by two percent year on year to 11.5 ...
Tags: UK, Iron Ore, Metallurgy, Mineral
Toronto, Ontario-based iron ore producer Labrador Iron Mines Holdings Limited (LIM) has announced its financial results for the first quarter ended on June 30 of the financial year 2014-15. LIM reported a net loss of C$4 million in the ...
Tags: Iron Mines, Mineral
Australian iron ore miner Atlas Iron Limited has announced that it has officially opened its Mt Webber iron ore mine in Western Australia's Pilbara region. The official opening follows the start of mining activity in December 2013 and ...
Tags: Australian, iron ore, Metallurgy, Mineral
Mechel, one of the leading Russian mining and steel groups, has reported that it has mined its one millionth metric ton of coal since operations began at its Elginsky open pit in Yakutia, Russia. Currently, work still continues on ...
Australia-based South American Ferro Metals Limited (SAFM) has announced that it has entered into a memorandum of understanding (MoU) with the owners of the property adjacent to its Ponto Verde iron ore project in Brazil. The memorandum ...
Tags: Australia, Iron Ore, MoU, Metallurgy, Mineral
Rhino Resource Partners soon will make its first shipment of high-sulfur steam coal from the new Pennyrile underground mine in Western Kentucky to Louisville Gas & Electric, a Rhino official said Monday. Pennyrile, also known as ...
Tags: Steam Coal, high-sulfur steam coal
Spot prices of South African 42-44% chrome ore, known as UG2 (upper group 2), have risen by 10-20% from March as platinum mine strike continues, producer and trade sources said Friday. UG2, a byproduct of platinum, was heard trading at ...
Tags: Chrome Ore, platinum byproduct
Southern Coal Corp is seeing an uptick in demand for high-quality steam coal this year, but the metallurgical side of its business continues to lag, which is why the company has temporarily idled its Tams No 1 mine in Raleigh County, West ...
Tags: Steam Coal, steam coal production
Magnolia Solar Corp of Woburn, MA and Albany, NY, USA has entered into a letter of intent with Singapore-based Solar Silicon Resources Group Pte Ltd (SSRG) to acquire their assets and merge their business interests. Magnolia's subsidiary ...
Tags: Electrical, Electronics
Monsoon rains limited Indian buying of Indonesian thermal coal, while lending restrictions muted demand from China, market sources said on Friday. An Indian end user said buyers had refrained from purchasing imported cargoes because of ...
Tags: Thermal Coal, Limited Demand
Illinois Basin market sentiment was mixed this week, as some participants said they see prices rising on heightened domestic demand, partly to rebuild stockpiles, while others took a persistently bearish view that increased production in ...
Spot prices of iron ore for export from Iran continued to fall because of low demand from China, industry sources said Sunday. Prices for 61-62% Fe magnetite fines slipped by $2/dry mt in the last week to $57/dmt FOB Bandar Abbas, south ...
Tags: Iron Ore, Chinese Demand