Asia
Asia
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Norseman Gold Hosts Mineable Inventory of 0.85 Million Tonnes at 1.62 Grams Per Tonne
Dec 7, 2012Accent Resources' pit optimization study has indicated that its Norseman Gold project hosts mineable inventory of 0.85 million tonnes at 1.62 grams per tonne gold for a contained resource of 41,800 ounces. This represents a significant ...
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Chinese Industrial Companies' Profit Gains Surged in October and Turned Positive
Dec 7, 2012Chinese industrial companies' profit gains surged in October and turned positive for the year as factory output accelerated and export growth picked up following a seven-quarter economic slowdown. The National Bureau of Statistics said ...
Tags: China Industrial Company Profit, net income, research report
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Chinese Imports of Bauxite Fell 31% From a Year Earlier Last Month
Dec 7, 2012Bloomberg reported that Chinese imports of bauxite fell 31% from a year earlier last month after Indonesia curbed mineral exports restricting seaborne shipments of the ore used to make aluminum. Total deliveries to China slid to 2.14 ...
Tags: Clarkson Plc, raw material, ore
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BHEL Is Working with The Government on Plans to Identify a Technology Partner
Dec 7, 2012PTI reported that BHEL is working with the government on plans to identify a technology partner for manufacture of defense equipment including making bigger guns for the Navy. BHEL, which is all set to become a Maharatna company, is ...
Tags: BHEL, Maharatna company, gun
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The Indian Long Product Price Index ILPPI Gone Down 15 Points on November 28, 2012
Dec 7, 2012The Indian Long Product Price Index ILPPI gone down 15 points on November 28, 2012, whereas India Flat Product Price Index IFPPI remained stable. The overall Indian Steel Price Index INDSPI went down by 7 points. ILPPI - Long Product ...
Tags: long product price, flat product price, indian steel price Index
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Fortescue Metals Has Sought to Reassure Shareholders of Its Biggest Customer
Dec 7, 2012AAP reported that iron ore miner Fortescue Metals has sought to reassure shareholders that the economic credentials of its biggest customer, China, remain sound following the country's recent leadership transition. Mr Nev Power CEO of ...
Tags: iron ore, Fortescue Metals, iron ore miner
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Change Is on 28th November as Compared to 27th November 2012
Dec 7, 2012GC 100Gms 0.40 Change is on 28th November as compared to 27th November 2012 Change is in INR per tonne
Tags: steel HDG price, steel HDG, steel
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Nalco Funded Many Educational Institutions as Part of Its Corporate Social Responsibilty
Dec 7, 2012ET reported that state owned aluminium producer Nalco has funded many educational institutions as part of its corporate social responsibility but no financial assistance has been given to any private university. Mr Dinsha Patel mines ...
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Great Western May Elect Not to Proceed to Part Acquire The The Spasskaya Copper Project
Dec 7, 2012Great Western Exploration may elect not to proceed to part acquire the the Spasskaya Copper Project in Kazakhstan. A company related to the Republic of Kazakhstan Sovereign Fund was to complete regulatory and shareholder approvals ...
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Royal Nickel Announced That The Environmental and Social Impact Assessment
Dec 7, 2012Royal Nickel Corporation announced that the Environmental and Social Impact Assessment for the Dumont Nickel Project has been filed with the relevant provincial and federal authorities for review. The preparation of the ESIA document was ...
Tags: Royal Nickel Corporation, Dumont Nickel Project, nickle
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China's Pig Iron Output and Iron Ore Demand Are Foreseen to Total 694 Million Tonne
Dec 7, 2012According to the China Metallurgical Industrial Planning and Research Institute, in 2013, China's pig iron output and iron ore demand are foreseen to total 694 million tonne and 1.11 billion tonne respectively, compared to the respective ...
Tags: iron ore, CMIPRI, crude steel
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The State Might Have Earned More Than INR 3,000 Crore in Royalty From Mining in 2011-12
Dec 7, 2012Hindustan Times reported that the state might have earned more than INR 3,000 crore in royalty from mining in 2011-12 as per government records and has lost almost double that amount to illegal mining. HT traveled across the state to ...
Tags: illegal mining, iron ore, mining
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Change Is on 30th November as Compared to 29th November 2012
Dec 7, 2012HRC Tube 2.5x1250 Change is on 30th November as compared to 29th November 2012 Change is in INR per tonne
Tags: steel price, HR Steel Price, steel
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China's Yuan Climbed Toward a 19 Year High on November 26th 2012
Dec 7, 2012Shanghai Daily reported that China's yuan climbed toward a 19 year high on November 26th 2012, hitting its daily trading cap for the 18th time this month, on expectation global investors will boost holdings of local assets as the world's ...
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Finance Ministry Has Proposed to List Nuclear Power Corporation of India Ltd
Dec 7, 2012PTI reported that the Finance Ministry has proposed to list Nuclear Power Corporation of India Ltd on the stock exchanges by selling 10% government stake. The Department of Disinvestment in the Ministry of Finance this week sought ...
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