Company News
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Company News
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METALLOINVEST Has Announced Its Shareholders' Restructuring on December 29th 2012
Jan 6, 2013METALLOINVEST has announced its shareholders' restructuring on December 29th 2012. It said “Following a series of transactions among the companies of METALLOINVEST and its shareholders, including VTB Group, Metalloinvest Ltd, a ...
Tags: Metalloinvest, restructuring, METALLOINVEST Holding Company OJSC
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Quantum Rare Earth Developments Corp Has Closed a Private Placement
Jan 6, 2013Quantum Rare Earth Developments Corp has closed a private placement financing raising almost USD 0.4 million. The placement was made up of 2.98 million units at a price of 12.5 cents each, for total proceeds of USD 373,020. Each unit ...
Tags: Quantum Rare Earth Developments Corp, placement, placement financing
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BNamericas Reported Unionized Workers at The BHP Billiton-Controlled Escondida Copper Mine
Jan 6, 2013BNamericas reported that unionized workers at the BHP Billiton-controlled Escondida copper mine in northern Chile's region II have rejected the offer from management as part of the ongoing early collective contract negotiations. No 1 ...
Tags: Escondida copper mine, contract negotiation, mining, company news
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ArcelorMittal Has Entered Into an Agreement Pursuant
Jan 6, 2013ArcelorMittal announced that it has entered into an agreement pursuant to which ArcelorMittal’s wholly owned subsidiary ArcelorMittal Mines Canada and a consortium led by POSCO and China Steel Corporation will enter into a joint ...
Tags: ArcelorMittal, agreement pursuant, ArcelorMittal Mines Canada, steel
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Hai Kwang Enterprise Planned to Build up a New Steel Rolling Plant
Jan 6, 2013Hai Kwang Enterprise, one of the major rebar manufacturers in Southern Taiwan, said that it planned to build up a new steel rolling plant at the nearby place of the mill's current location, aiming to cost down and increase its market ...
Tags: Hai Kwang Enterprise, rebar manufacturers, Southern Taiwan
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Tycoons Group in The First 11 Months of This Year,The Company's Sales Revenues Grew by 7%
Jan 6, 2013Tycoons Group one of the major wire and fastener manufactures in both Taiwan and Thailand market said that its loss after tax in the first three quarters of 2012 were NTD 275 million, affected by the market demand was weak. In the first ...
Tags: Tycoons Group, wire, fastener manufactures, Taiwan, Thailand
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Tangshan Iron and Steel Group Co Plans to Further Expand Its Overseas Businesses
Jan 6, 2013China Daily reported that Tangshan Iron and Steel Group Co plans to further expand its overseas businesses and manufacture more steel products for automobile use as part of its efforts to counter the slump in the Chinese steel industry. ...
Tags: Tangshan Iron and Steel Group, steel products, steel industry
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Hanlong Group Intends to Acquire Sundance and Gain Control Over African Iron Ore Mine
Jan 6, 2013Xinhua reported that China's Hanlong Group intends to take over Australian mining company Sundance early next year and gain control over a key supply of iron ore in Africa. The Xinhua news agency quoted officials at the privately owned ...
Tags: China, Hanlong Group, Sundance, iron ore, Africa
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Atlas Copco Has Won 2 Large Orders From Mining Customers in South and Central America
Jan 6, 2013Atlas Copco has won 2 large orders from mining customers in South and Central America, worth a total USD 30 million. One is from Minera Panama to deliver drilling equipment and related services for the Cobre Panama open pit copper project. ...
Tags: Atlas Copco, mining customers, America, drilling equipment
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Anshan Iron and Steel Group Has Received Approval for Its Largest Ever Expansion Project
Jan 6, 2013Anshan Iron and Steel Group has received approval from the National Development and Reform Commission for its largest ever expansion project. The project covers the developing of three new iron ore mines, expanding the current seven iron ...
Tags: Anshan Steel, Iron, Steel, expansion project
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Chongqing Company Has Commenced Operation of The Third Steel Terminal
Jan 6, 2013Chongqing Xingang Changlong Logistics Company has commenced operation of the third steel terminal at Chongqing Iron & Steel Group’s port terminal project. The three terminals combined will now have a total annual capacity of 3 million ...
Tags: Chongqing Xingang Changlong Logistics Company, steel terminal
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Outokumpu Oyj Has Received a Notification Based on Chapter 2
Jan 6, 2013Outokumpu Oyj has received a notification based on Chapter 2, Section 9 of the Finnish Securities Market Act from Solidium Oy (business identity code: 2245475-9). Such notification by Solidium contains the following information: On ...
Tags: Outokumpu Oyj, Inoxum transaction, share, company news
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Ridge Resources Has Raised Over AUD 4 Million Through an Underwritten Rights Issue
Jan 6, 2013Ridge Resources has raised over AUD 4 million through an underwritten rights issue, paving the way for the completion of the acquisition of Cardinal Resources. As part of the non-renounceable rights issue, Ridge offered three new ...
Tags: Ridge Resources, acquisition, Cardinal Resources, company news
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Prosperity Minerals Will Take Plans to Conclude The Master Restructuring Process
Jan 6, 2013Prosperity Minerals has revealed it will take longer than originally planned to conclude the master restructuring process. The company, an iron ore trading business serving China, which also owns real estate, revealed back in October that ...
Tags: Prosperity Minerals, restructuring process, Zhong Cheng group
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Gazprom Has Started Construction and Assembly Work on The Western Section
Jan 6, 2013RIA Novosti reported that Gazprom has started construction and assembly work on the western section of the Southern Corridor gas pipeline in Russia that will feed into the South Stream gas export pipeline. The Southern Corridor system ...
Tags: Gazprom, construction, Southern Corridor gas pipeline, Russia
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