Chinese steel market sources expressed contentment Monday at the country's 85-86 million mt of iron ore inventories at over 20 major Chinese sea ports at present, saying this will likely help steel mills to stabilize imported iron ore ...
China's Shougang Group plans to maintain its crude steel output at 33 million mt in 2014 amid uncertainties on steel prices, a company source said Friday. The state-owned steelmaker has six 2,500-cubic meter blast furnaces at Caofeidian, ...
Tags: Shougang, Crude Steel Output
Chinese imports of copper ores and concentrates in November rose 10.6% year on year to 920,000 mt, according to latest statistics published by the General Administration of Customs Saturday. The November figure, however, was 2.1% lower ...
Tags: copper ore, mineral
Chinese rare earth miners are being forced to phase out excessive production capacity as rising overseas suppliers chip away at their dominance in the global market. Russia announced in April its plan to invest $1 billion in rare earth ...
Tags: Rare Earth, Mineral
Not many thermal coal buyers are looking to conclude deals for imported material this week with Chinese Lunar New Year holidays approaching, sources said Monday. "The delivery window before the Lunar New Year is closed," a source at a ...
Tags: Thermal Coal, Imported Material
Garibaldi Resources Corp. (TSX.V: GGI) (the "Company" or "Garibaldi") is pleased to report that exploration carried out by the Company has returned strong gold values from channel sampling at itsrecently acquired La Patilla Property, and a ...
A study has found diesel fumes could be responsible for as many as six per cent of all lung cancer deaths in the UK and USA. Researchers from the University of Utrecht in the Netherlands published a study that found people exposed to ...
Tags: Diesel Fumes, Lung Cancer Risk
Mining companies operating in Australia and globally will continue to face challenging market conditions in 2014, including rising costs, low commodity prices, supply/demand imbalances, and decreased productivity levels. According to ...
Tags: Sustainable Cost Reduction, Innovation Critical, Australian
Blackheath Resources Inc. (TSX VENTURE:BHR)(FRANKFURT:04B) ("Blackheath" or the "Company") is pleased to announce that the Company has entered into a definitive agreement (the "Agreement") for an option to acquire a 100% interest in the ...
Tags: Metallurgy, Mineral, Energy
The metals giant Sinosteel has already invested US$1.4 billion in West Australian Oakajee iron ore project in order to revive steel industrial in Australia. For more than twenty years, miners tried hard to develop a port near Geraldton ...
Tags: Chinese, Sinosteel, Australian, mining, project
A spike in the front-quarter CIF ARA c had eastern US coal export executives guessing Wednesday how much the out-of-the-money range for Central Appalachian thermal coal prices had narrowed. Platts assessed Wednesday the API2 Q1 2014 ...
Tags: East Coast Coal, Coal
Domestic spot prices of high carbon ferrochrome (basis 50% Cr) in China continued to cweek on week at Yuan 6,850-7,000/mt (85-86.5 cents/lb), on a delivered basis including 17% VAT, amid little change in market fundamentals, sources said ...
As of November 11, inventory of iron ore at 25 major Chinese ports amounted to 77.402 million mt, indicating a decrease of 418,000 mt or 0.54 percent week on week, as announced by China's Xinhua News Agency on November 12. As of the same ...
Tags: Iron Ore, Chinese Ports
Mongolia's new legislation that removes distinction between domestic and foreign companies when it comes to investing in the country will help attract more investment, miners with projects in the region said Friday. From November 1, ...
Tags: Miners, Mining Sector
Global steelmakers, metallurgical coal miners and merchant coke producers are feeling the heat thanks to sluggish steel and coal prices coupled with the prospect of higher energy costs in the US due to regulation, participants said Tuesday ...
Tags: steel, Coal, Metallurgy, Mineral