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Hydra Properties Is Being Forced to Auction Three Plots of Land in Dubai

Dec 13, 2012

Arabian Business reported that Hydra Properties is being forced to auction three plots of land in Dubai to settle outstanding payments owed to homeowners who won legal cases against the developer for delayed and cancelled real estate ...

Tags: homeowners, real estate projects, payments

The UAE Produced 2.67 Million Barrels Per Day in October

Dec 13, 2012

Latest data from the Paris based International Energy Agency showed that the UAE, on average, produced 2.67 million barrels per day in October 0.74% lower than its output in September. IEA said that in the Q1 of 2013, increased ...

Tags: IEA, project expansions, oil production capacity

US and Omani Piping JV Secured USD 21 Million Worth of Contracts for Projects

Dec 13, 2012

A JV between United Pipeline Systems Inc and Special Technical Services of Oman has secured USD 21 million worth of contracts for projects across the MENA region. A Kuwaiti contract will see the pair supply and install a proprietary ...

Tags: contracts, projects, JV

Harsco Corporation Will Be Responsible for The Company's Liquidity Management

Dec 13, 2012

Global industrial company Harsco Corporation announced the promotion of Mr Robert G Yocum to Vice President and Treasurer, where he will be responsible for the Company's liquidity management, capital market activities, global treasury ...

Tags: promotion, financial partners, agency relationships

Prosecutors in The City of Taranto Issued a European Arrest Warrant for Mr Fabio Riva

Dec 13, 2012

ANSA reported that prosecutors in the city of Taranto on Monday issued a European arrest warrant for Mr Fabio Riva, an executive of the ILVA steel plant at the center of an environmental dispute between local prosecutors and the national ...

Tags: prosecutors, warrant, ILVA

German Steel Giant ThyssenKrupp While Announcing The Results Has Given Following Outlook

Dec 13, 2012

German steel giant ThyssenKrupp while announcing the results has given following outlook From today's perspective, the Group's performance in the 2012/2013 fiscal year will be characterized to a very large extent by the continued ...

Tags: outlook, ThyssenKrupp, operations, organic growth

Vanguardngr Reported That Ajaokuta Steel Company Was a Big Dream

Dec 13, 2012

vanguardngr reported that Ajaokuta Steel Company was a big dream, and Mr Noel Onoja remembers with nostalgia the splendor of the complex, and the dream that it had the potential to place the country on the path of international industrial ...

Tags: steel, Metallurgy

It Is Reported That Analysts at Goldman Sachs Have Cut Coking Coal Prices

Dec 13, 2012

It is reported that analysts at Goldman Sachs have cut coking coal prices, saying that they see a slower, longer grind back to mid cycle. Goldman cut 2013 met coal prices by 8% to USD 178 per tonne Goldman cut 2014 met coal prices ...

Tags: coking coal prices, mid cycle, prices

The Term of This Agreement Is for 5 Years Commencing on 14th November 2012

Dec 13, 2012

Teknomining Plc announced that through its wholly owned subsidiary Teknomining Madencilik Insaat Turizm Ithalat Ihracat Sanayi Ve Ticaret Ltd Sti, it has signed a Mining Royalty Agreement with Teysel Insaat Nakliyat Taahhut Ticaret Ltd to ...

Tags: mining, iron ore price news, copper ore mining, royalty interests

Trans Caspian Project Should Be Viewed of Azerbaijan and Turkmenistan

Dec 13, 2012

Trans Caspian gas pipeline project should be viewed within sovereign rights of Azerbaijan and Turkmenistan. The negotiations on the legal status of the Caspian Sea are held in both bilateral and multilateral format within a special ...

Tags: gas pipeline project, negotiation, foreign minister

Quest Minerals Has Launched a Share Purchase Plan to Increase Funding

Dec 13, 2012

Quest Minerals has launched a share purchase plan to increase funding to develop its core projects the Perenjori Iron Ore project and Victory Bore. The plan is priced at USD 0.008 which is a 17% discount to the market, which ...

Tags: core projects, market, exploration target

North Africa Have Around 88 Trillion Cubic Meters

Dec 13, 2012

Gulf oil heavyweights and other hydrocarbon producers in the Middle East and North Africa have around 88 trillion cubic meters of proven natural gas deposits which can last more than 30 years at current production growth rates. While the ...

Tags: gas, Metallurgy, Energy

The Overhaul of Blast Furnace No.5 Have Been Completed

Dec 13, 2012

In the Blast Furnace Workshop of Zaporizhstal Integrated Iron & Steel Works, the overhaul of Blast Furnace No.5 have been completed. The repair was performed within the scope of the Program of Production Modernization and Revamping ...

Tags: Metallurgy, Steel, Iron

Shares in Sundance Resources Are Expected Come Under Downwards Pressure

Dec 13, 2012

AAP reported that shares in Sundance Resources are expected come under downwards pressure when they resume trading, as the prospect of a takeover deal with Hanlong Mining appears even more remote. Sundance shares were placed in a trading ...

Tags: iron ore price news, stock market news, sundance fest, iron

Hedge Funds and Money Managers Sharply Cut Their Bullish Bets on Gold Futures Last Week

Dec 13, 2012

Reuters reported that hedge funds and money managers sharply cut their bullish bets on gold futures last week on profit taking while an improving US economic outlook prompted them to switch copper contracts to its first net long in 4 weeks. ...

Tags: hedge funds, bullish bets, gold future, gold market

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