Cam Iron the Cameroon subsidiary of the Australian based Sundance Resources Limited that carried out exploration of iron ore deposits in the country's east region has been awarded a mining agreement prior to the final stage in the mining of ...
Tags: iron ore, Cam Iron, deep water iron ore export terminal
AMW Motors Ltd announced that the launch of a new heavy duty tipper for use in the mining, construction and infrastructure sectors. AMW Motors said that the tipper can encounter high gradients, especially in deep mining applications. AMW ...
Tags: heavy duty tipper, AMW Motors Ltd, mining
Business Standard reported that Jindal Steel and Power will invest around USD 500 million in Cameroon to build a power plant, a railway line and an iron ore processing plant. The 500 MW thermal power station will be built in the ...
Tags: Jindal Steel and Power, ore, Cameroon, power plant
RIA Novosti reported that Russian and US oil majors Rosneft and ExxonMobil signed an agreement to jointly explore the commercial potential of oil fields in Western Siberia. The two companies will create JV in which Rosneft will hold 51 ...
Tags: commercial potential of oil fields, ExxonMobil, energy exploration
Reuters reported that ArcelorMittal vowed on Friday to kick start a EUR 180 million, five year investment program at its Florange site in eastern France in the first quarter of 2013, seeking to allay union concerns over job cuts. ...
Tags: ArcelorMittal, steelmaking, blast furnaces
Reuters reported that London copper edged up bracing to finish the month higher on signs that a recovery in China's economic growth took root in November although worries over Europe and the United States kept gains constrained. Three ...
Tags: copper price, China's economic growth, world's economy
Reuters reported that London copper inched up after a prominent US lawmaker expressed confidence the world's top economy would avert a looming fiscal crisis but worries China's return to growth will be sluggish weighed on sentiment. ...
West African Resources has extended the shallow copper and gold mineralization at its Sartenga Prospect in Burkina Faso through its latest drilling. Aircore drilling has confirmed the mineralization now extends more than 500 meters in ...
Tags: shallow copper, gold mineralization, drilling, aircore drilling
Reuters reported that China's large copper smelters are offering 2013 exports of refined cathode at cheaper premiums ranging from about 12% to 21% less as they compete with major suppliers such as top world producer Codelco boosting supply ...
Tags: copper smelters, copper cathodes, premiums
Bloomberg reported that Chinese leaders have signaled they will continue to support investment in iron ore in Western Australia despite the recent slump in demand for the bulk commodity. Beijing's most powerful economic planning agency ...
Business Line reported that Chennai based KCP Ltd has decided to exit the biotech business to concentrate on its core areas of engineering and cement businesses. A decision to this effect was taken at a meeting of the company’s ...
Tags: KCP, biotech business, Genome Valley, Turkapally
Business Line reported that MSTC Ltd is setting up INR 120 crore automotive and white goods steel scrap shredding unit at Dahej in Gujarat. For installing the unit, to be built on a 20 acre plot, selection of an EPC contractor would be ...
Tags: inferior steel making, white goods steel, auto grade steel
In the January to November period of the current year, Yongcheng, Henan Province based Chinese steel producer Minyuan Special Steel Co a subsidiary of Henan-based Anyang Iron and Steel Group, achieved a total industrial output value of CNY ...
Tags: steel beams, stainless steel, structural steel, steel scrap buyers
The Indian Express reported that nickel futures prices fell by 0.47% to INR 963 per kg, tracking a weakening trend in base metals in the global markets amid subdued domestic demand. At the Multi Commodity Exchange, nickel for delivery in ...
Tags: nickel, scrap metal prices, financial markets, currency markets
As per a PTI report, Odisha has already achieved steel production capacity of 12.66 million tonne per annum and may reach 77.16 million tonne per annum after commissioning of projects for which 49 MoUs have been signed with corporates. Mr ...
Tags: steel production capacity, Odisha Steel and Mines, integrated steel