Company News
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Company News
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Sundance Resources Limited Announced The Ministerial Council for The Republic of Congo
Jan 6, 2013Sundance Resources Limited announced that the Ministerial Council for the Republic of Congo met on Friday 28 December 2012 and has approved the Company's application to develop and mine the high-grade Nabeba Iron Ore deposit. The ...
Tags: Sundance Resources Limited, Nabeba Iron Ore, mining, iron
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US Judge Gave Preliminary Approval to a USD 1 Billion Plus Settlement
Jan 6, 2013PTI reported that a US judge gave preliminary approval to a USD 1 billion plus settlement with Toyota Motor Corp in cases involving problems of sudden, unintended acceleration by its vehicles. Attorney Mr Steve Berman in a statement said ...
Tags: US judge, Toyota Motor Corp, acceleration, vehicles
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China Privately Has Close to Finalizing The Acquisition of Australia's Sundance Resources
Jan 6, 2013APP reported that China privately owned Hanlong Group has close to finalizing the acquisition of Australia's Sundance Resources, a mining firm that controls a major iron ore mine in West Africa. Such a move would give China a stronger ...
Tags: China, Hanlong Group, acquisition, Sundance Resources, mining
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UC RUSAL Announced The Signing of The Annex to The Agreement with The Republic of Guinea
Jan 6, 2013UC RUSAL the world’s largest aluminium producer, announced the signing of the Annex to the Agreement with the Republic of Guinea specifying details of the development of Dian-Dian, the world’s largest bauxite deposit, with the ...
Tags: aluminium, Annex, Republic of Guinea, company news
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SteelGuru Plans to Help Them Remain Updated with Various CAPEX Projects
Jan 6, 2013SteelGuru, the leading website for steel, metal and mining industry with 150,000 page views per day and 75,000 plus registered users for its E mail based news letter Steel Trade Today, has added yet another value added service for its ...
Tags: steel, metal, mining industry, SteelGuru
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Mr Cyrus Mistry Will Formally Take Charge of His Office on December 31st Monday
Jan 6, 2013PTI reported that Mr Cyrus Mistry, the new chairman of the TATA Group, will formally take charge of his office on December 31st Monday. Mr Mistry, who was appointed chairman to succeed Mr Ratan Tata, is the sixth chairman of the TATA ...
Tags: Mr Cyrus Mistry, TATA Group, office, December 31st
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A 100% Subsidiary of Tata Power Developing The 4,000 MW Mundra Ultra Mega Power Plant
Jan 6, 2013Business Line reported that Coastal Gujarat Power Ltd, a 100% subsidiary of TATA Power developing the 4,000 MW Mundra Ultra Mega Power Plant, provided free healthcare treatment to the Tragadi bunder fishermen community at Mundra. This ...
Tags: TATA Powe, healthcare treatment, fishermen, Mundra
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Mr Nev Power Has Warned of More Short Term Volatility in The Price of Iron Ore
Jan 6, 2013The Australian Financial Review reported that Fortescue Metals Group Ltd chief executive officer Mr Nev Power has warned of more short term volatility and fluctuations in the price of iron ore, saying the current rally is unlikely to last ...
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Siemens AG Is Commissioning an Independent Academic Study of The Company's Development
Jan 6, 2013Siemens AG is commissioning an independent academic study of the company's development from 1981 to 2011. The project is to be undertaken by the economic and company historian Hartmut Berghoff and the contemporary historian Cornelia Rauh. ...
Tags: Siemens AG, study, history, development
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French Owned Steel Pipe Maker V&M Star Began Building Two Mills
Jan 6, 2013In early 2010, French owned steel pipe maker V&M Star began building two mills where the Briar Hill works had stood on Youngstown’s northwest side. They were the first new mills in the Mahoning Valley since early last century. This ...
Tags: Steel Pipe Maker V&M Star, Metallurgy, Mineral, Energy
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Maruti Suzuki India Gained as Much as 2.2% Intraday on December 28th 2012
Jan 6, 2013PTI reported that Maruti Suzuki India gained as much as 2.2% intraday on December 28th 2012 Friday after agencies reported the company is considering setting up its first overseas assembly plant in Africa as it seeks to revive exports. Mr ...
Tags: Maruti Suzuki, India, assembly plant, Africa
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Afferro Mining Received a Takeover Offer From International Mining and Infrastructure
Jan 6, 2013Afferro Mining has confirmed it has received a takeover offer from International Mining and Infrastructure after speculation in the press. Afferro said it has received an initial approach from IMIC, adding that its suitor would be ...
Tags: Afferro Mining, IMIC, speculation
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Xstrata and Tintaya-Antapaccay Copper Mine Is to Be Included in The Agreements
Jan 6, 2013A new contribution framework negotiated between mineral resource giant Xstrata and the Espinar community regarding the company's Tintaya-Antapaccay copper mine in Peru's Cuzco region is to be included in the agreements reached with local ...
Tags: Xstrata, the Espinar community, contribution framework, copper mine
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Larsen & Toubro Hydrocarbon Has Secured an Offshore Contract Valued at INR 781 Crore
Jan 6, 2013PTI reported that Larsen & Toubro Hydrocarbon has secured an offshore contract valued at INR 781 crore from Oil and Natural Gas Corporation. A company statement said that the contract, won against international competitive bidding, ...
Tags: Hydrocarbon, offshore contract, ONGC, EPCI
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Venus Metals Corporation Was Awarded Two Grants Totaling AUD 300,000
Jan 6, 2013Venus Metals Corporation has been awarded two grants totaling AUD 300,000 for drilling at the Copper Hills and Moodini projects in Western Australia. The grants were awarded under the Western Australian Government Exploration Incentive ...
Tags: Venus Metals Corporation, grants, Copper Hills, Moodini projects
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