Asia
Asia
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Change Is on 29th November as Compared to 28th November 2012
Dec 12, 2012Rebar 20mm HRB 400 Change is on 29th November as compared to 28th November 2012 Change is per tonne USD:CNY = 6.35
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Market Is Abuzz About a Q1 Deal at USD 165 Per Tonne of Peak Downs Coal by BHP
Dec 12, 2012Market is abuzz about a Q1 deal at USD 165 per tonne of Peak Downs coal by BHP. Coming under shadow of an expected roll over of Q4 price at USD 170 per tonne it has punctured façade of confidence building up recently. Surfing the ...
Tags: spot market, quality coke, steel mills
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MAX Resource Corporation Entered Into a Mining Lease and Option to Purchase Agreement
Dec 12, 2012MAX Resource Corporation has entered into a Mining Lease and Option to Purchase Agreement with Claremont Nevada Mines LLC of Nevada and JR Exploration LLC of Utah whereby MAX can acquire 100% interest in the Majuba Hill Silver, Copper and ...
Tags: drilling, soil geochemistry, porphyry system
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JV Between LLC and National Petrochemical Company Has Started Commercial Production
Dec 12, 2012Saudi Polymers Company JV between Chevron Phillips Chemical Company LLC and National Petrochemical Company has started commercial production. Mr Mike Zeglin executive president of Saudi Polymers Company said that "This is an exciting time ...
Tags: commercial production, marketing network, Chemical Company
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Ltd Has Welcomed The Indian Railways' New Initiative to Attract Private Investments
Dec 12, 2012Business Line reported that Mr SK Mohapatra CEO of Dhamra Port Company Ltd, the TATA Steel-L&T JV that runs a port at Dhamra in Odisha, has welcomed the Indian Railways’ new initiative to attract private investments in rail projects ...
Tags: rail projects, investment, port rail project
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Paradigm Metals Is Set to Commence an IP Geophysical Survey
Dec 12, 2012Paradigm Metals is set to commence an IP geophysical survey at the Yellow Mountain project JV located in the Lachlan Fold Belt of New South Wales. Paradigm holds a 30% interest and can move to 51% by spending USD 400,000 by March 31st ...
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Vedanta Group Is Likely to Close Its One Million Tonnes Alumina Refinery
Dec 12, 2012PTI reported that Vedanta group is likely to close its one million tonnes alumina refinery at Odisha's Lanjigarh from December 5th 2012 a move which would impact about 7,000 jobs in the Eastern state. The mining conglomerate which runs ...
Tags: jobs in mining, copper mining news, mining, aluminium
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Pacific Imperial Mineracao Do Brasil Ltda Was The Successful Bidder
Dec 12, 2012Pacific Imperial Mines Inc announced that the Company, through its Brazilian subsidiary, Pacific Imperial Mineraçao do Brasil Ltda was the successful bidder and has been awarded a 100% interest in the Marcionilio Nickel and Copper ...
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CapitalVia Global Research Has Come out with Report on Commodity Outlook for The Week
Dec 12, 2012IRIS reported that CapitalVia Global Research has come out with report on commodity outlook for the week. It gave following outlook on gold, silver and copper: Gold - A gold future is trading at lower levels as the sharp rise in rupee ...
Tags: price for gold, gold and silver, commodity trading, gold commodity
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The Indian Aluminum Cash Price Increased 0.4%
Dec 12, 2012Metal Miner reported that rising 2.7% the cash price of primary aluminum experienced the biggest change on the LME for November 30th 2012. After a 2.6% increase, the aluminum 3 month price finished the day. The Indian aluminum cash price ...
Tags: price for gold, scrap metal prices, iron ore price news
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All Purchases From The First Tranche of Bailout Package Are According to The ECC & CCOR
Dec 12, 2012BR reported that PSM spokesman clarifies that all purchases from the first tranche of bailout package are according to the ECC & CCOR instructions and procurement of two ships of coal does not create any mismatched spending as the ...
Tags: bailout package, Purchases, iron ore
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UC RUSAL Announced Signing MoU with Shandong Xinfa Group
Dec 12, 2012UC RUSAL announced signing MOU with Shandong Xinfa Group, one of China's largest private aluminium companies, detailing the study of future possible cooperation areas including JV in the aluminium industry. The Memorandum was signed at ...
Tags: aluminium industry, aluminium smelting, alumina, Shandong Xinfa Group
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Indian Long Product Price Index ILPPI Went Down by 3 Points on December 4th 2012
Dec 12, 2012The Indian Long Product Price Index ILPPI went down by 3 points on December 4th 2012, whereas India Flat Product Price Index IFPPI gone up 7 points. The overall Indian Steel Price Index INDSPI inclined by 2 points. ILPPI – Long ...
Tags: Indian Steel, Steel Price, Price Index
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Pakistan Cement Sales Have Depicted a Growth of 3% on YoY Basis to 13.12 Million Tonnes
Dec 12, 2012According to a report of All Pakistan Cement Manufacturers Association, the News reported that Pakistan cement sales have depicted a growth of 3% on YoY basis to 13.12 million tonnes during the first 5 months of the current fiscal year. ...
Tags: Cement, Cement prices, local sales
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Indo Farm Equipment Is Eyeing to Double Tractor Exports
Dec 12, 2012PTI reported that tractor maker Indo Farm Equipment is eyeing to double tractor exports in current fiscal by expanding its overseas market to Eastern European countries and South America with a range of high-powered capacity tractors. Mr ...
Tags: farm equipment, tractor equipment, tractor prices, tafe tractor
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