Miami, Florida-based Abakan Inc. announced Tuesday that it has entered into a memorandum of understanding with Cone S.A. for construction of a manufacturing facility to suit large-scale clad pipe manufacture inside the new Suape Export ...
Tags: Abakan, Cone SA, Clad Pipe Plant
The 30 percent Minerals Resources Rent Tax (MRRT) in Australia requiring mining companies to pay tax when their annual profits reach $75 million, a measure designed so as not to burden small businesses, raised only A$126 million in the ...
Tags: Australia, Mining Tax, Metallurgy
Russia-based Severstal, one of the world’s leading steel and steel-related mining companies, has stated that it has secured a contract to supply automotive sheets to Renault-Nissan Alliance projects in Russia. The contract runs ...
Tags: Automotive Sheets, Renault-Nissan, Mineral
Recently, MMX Mineracao & Metalico SA (MMX), one of the major iron ore mining companies in Brazil announced its financial report for 2012. The company posted a net loss of BRL792.4 million for 2012, decreasing from a net loss of ...
Tags: iron ore mining, iron ore, mining
The sharemarket reversed an early rise as mining companies declined on uncertainty about China's growth outlook and Goldman Sachs downgraded the resources sector to from overweight to neutral. High-yield and defensive sectors initially ...
Tags: Stocks, sharemarket, shares
The sharemarket finished more than 0.4 per cent higher following a wave of investor enthusiasm in Japan and the US. CommSec market analyst Juliette Saly said local shares finished strongly after a slow start as Japanese shares pushed ...
Tags: stocks, sharemarket, shares
Ecosphere Technologies Inc subsidiary Ecosphere Exploration and Mining Services LLC (EEMS) has signed a Letter of Intent with Colorado’s Dominion Water LLC to deploy its patented Ozonix technology to mine sites in Colorado state. Both ...
Tags: Ecosphere Technologies, Dominion Water LLC, Ozonix technology
It is reported that Cherepovets Steel Mill, a group mill of Severstal has already received full order booking for March with full utilization rate. In response to increasing steel prices and high raw material cost globally, Cherepovets ...
Tags: Steel Mill, Steel, steel prices
Russia-based Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, has announced that it plans to invest US $1.3 billion in 2013 to support its growth and long-term competitive strategy. ...
Tags: Severstal, steel, steel related mining
"We're probably seeing three times the volume of applications compared with this time last year," said Adrian Hanley, head of equity lending at NAB. "We have had a significant lift in new client activity in the fourth quarter of 2012." ...
Tags: Margin Lending, Stocks, Australia
Russia-based Severstal, one of the world's leading vertically integrated steel and steel-related mining companies, has stated that it has signed a number of further long-term contracts with Russian and CIS-based automotive companies. So far ...
Tags: Severstal, steel, automotive companies
Volkswagen Australia Group (VAG) is targeting mining companies Rio Tinto and BHP in 2013, with the hope of securing lucrative sales contracts for its commercial vehicle range. Speaking at a media conference in Sydney, VAG managing ...
Tags: Volkswagen, Extra Sales, 2013
The sharemarket climbed again yesterday, closing the week on a high on good news from home and abroad and supported by investors seeking stocks with high dividend yields. The benchmark S&P/ASX 200 closed up 0.5 per cent at 4835.2 points, ...
Tags: stocks, sharemarket, financial stocks
Queensland-based mining companies including coal producers are expecting to shed nearly 500 jobs from their operations in the Australian state in the next 12 months, and this is on top of a net loss of 3,370 jobs in the mining industry in ...
The sharemarket closed little changed yesterday, despite news from Japan that Australia's second-biggest trading partner was taking steps to spur growth in its long-stalled economy. The benchmark S&P/ASX 200 index closed up 1.6 points, or ...
Tags: Stocks, sharemarket, inflation target