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5 International Engineering Firms Bid to Build 50,000 Tonnes Per Year Polyacetal Plant

Dec 13, 2012

Reuters reported that 5 international engineering firms have bid to build 50,000 tonnes per year polyacetal plant at Ibn Sina an affiliate of Saudi Basic Industries Corporation. SABIC said in 2010 the project, producing a plastic which is ...

Tags: polyacetal plant, plastic waste, steel construction, car industry

The Agreement Was Signed Here

Dec 12, 2012

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

Launch of a Heavy Duty Tipper for Use in Mining, Construction and Infrastructure Sectors

Dec 12, 2012

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

Hard Creek Nickel Completed Its Previously Announced Non Brokered Private Placement

Dec 12, 2012

Hard Creek Nickel Corporation completed its previously announced non brokered private placement of 10 Million Units. The Company closed 10,000,000 Units at USD 0.06 per Unit. Each Unit consisted of one share and one share purchase ...

Tags: private placement, Hard Creek Nickel, share

Jindal Steel and Power Will Invest to Build a Power Plant

Dec 12, 2012

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

Rosneft & ExxonMobil Signed an Agreement to Explore The Commercial Potential of Oil Fields

Dec 12, 2012

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

ArcelorMittal Vowed on Friday to Kick Start a EUR 180 Million,Five Year Investment Program

Dec 12, 2012

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

London Copper Inched up After a Prominent US Lawmaker Expressed Confidence

Dec 12, 2012

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. ...

Tags: copper price, economy situation, copper stock

West African Resources Extended The Shallow Copper and Gold Mineralization in Burkina Faso

Dec 12, 2012

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

Selection of an EPC Contractor Would Be Done Through a Global Tendering Process

Dec 12, 2012

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

Different Companies Have Set up Their Projects

Dec 12, 2012

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

Canada Approved a Construction of a Massive Iron Ore Mine in Arctic Territory of Nunavut

Dec 12, 2012

Reuters reported that Canada hoping to spur economic development of its far north has approved the construction of a massive iron ore mine in the Arctic territory of Nunavut that could help top steelmaker ArcelorMittal reduce its dependence ...

Tags: iron ore price news, jobs in mining, mining, gold mining game

Draft Commonwealth Environmental Impact Statement for The South of Embley Project

Dec 12, 2012

Rio Tinto Alcan announced the draft Commonwealth Environmental Impact Statement for the South of Embley Project. Mr Pat Fiore Rio president & CEO of Tinto Alcan, Bauxite and Alumina said that the project will extend bauxite mining ...

Tags: South of Embley Project, mining operation, EIS

Outokumpu Delivered Duplex Stainless Steel

Dec 12, 2012

Outokumpu delivered duplex stainless steel for biogas tanks built by German biogas tank manufacturer Börger GmbH. Tanks built in LDX 2404® and LDX 2101® are now up and running. Lean duplex stainless steel is proving to be an ...

Tags: stainless steel, construction material, biogas tanks

How The Balochistan High Court Could Said That The Company Had Vested Rights

Dec 12, 2012

Chief Justice of Pakistan Iftikhar Muhammad Chaudhry quizzed a counsel for Tethyan Copper Company (TCC) for his claims of vested interests in award of mining lease for exploration of precious minerals resources in Reko Diq area of ...

Tags: jobs in mining, mining gold, copper mining news, mining exploration

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