Metinvest Group, a vertically integrated group of steel and mining companies continues to invest in new mining machinery for its Mining Division. Metinvest Group acquired a new BelAZ dump truck for the Annovsky open pit of Severniy GOK. ...
Tags: mining machinery, steel, mining, Mining Division
Even as the resumption of regular mining is getting delayed in Karnataka,there is some good news for the ore starved steel industry as one of the Category A mining company has got approval to put on auction some of its low grade iron ore. ...
LOCAL shares rose for the third straight day today, hitting a fresh 17-month high as investors sought defensive and higher-yielding stocks as concern grew over the fate of US negotiations on the so-called fiscal cliff. The benchmark ...
Mining companies and investors including some heavyweight industrial combines in China are pouring into the region in a quest for iron ore, driving a railway building and mining boom whose worth JPMorgan Chase & Co recently estimated at USD ...
Tags: Mining, iron ore, railway, steel production
Business News Americas cited Ms Irenea Renuncio senior Latin America analyst of Maplecroft as saying that Argentina is a high risk destination for mining companies and is becoming increasingly more so due to the deteriorating business ...
Tags: Argentina, high risk, mining, deteriorating business environment
The Board of EITI (Extractive Industries Transparency Initiative) has declared Iraq to be ‘Compliant’ with the EITI Standard. There are now 18 countries that are ‘EITI Compliant’. EITI compliance means that the ...
Tags: Iraq, EITI Standard, oil, gas, mining
THE Australian share market opened marginally higher with gains in the financial sector offsetting falls by mining companies. At 10.15am AEDT the benchmark S&P/ASX200 index was up 2.7 points, or 0.06 per cent, at 4585.5, while the broader ...
Tags: Australian, Mining Stocks, contracts traded
O' Herald reported that far away from Goa where there is massive popular support for the halt of rampant illegal mining by the Supreme Court in the aftermath of the Shah Commission Report and in an apparent bid to sway the opinion of New ...
Tags: iron ore price news, goa india, mining, iron
If a recent report by Associated Chambers of Commerce and Industry of India (ASSOCHAM) is anything to go by, India’s diamond industry is facing a threat of being eclipse by its close rival China in near future. Associated ...
Tags: ASSOCHAM, diamond industry, India, rough diamonds
Mr Beni Prasad Verma the union minister of Steel met with Mr Martin Ferguson the minister for Resources, Energy and Tourism, Government of Australia, when the latter called upon the Steel Minister to discuss issues related to greater ...
Tags: tourism australia, steel supplies, mining gold, calls to india
OAO Mechel of Russia's largest coking coal producer won a tender for 55% of OAO Vanino Commercial Sea Port on the Pacific coast outbidding investor Mr Oleg Deripaska's En+ Group. VTB Capital the sale organizer said that Mechel offered RUB ...
It is reported that the situation for mining and steel companies in Karnataka continues to be grim despite the Supreme Court order allowing some of the mines to resume operations. Delays in getting clearances from government bodies and in ...
The Pioneer reported that in 5 years, mining companies in Goa exported illegally extracted iron ore to the tune of 39.56 million tonnes, matching in scale and proportion to the illegal mining business in the big state of Karnataka. ...
Times of Indian reported that the smiles are back on iron ore workers as mines in Bellary have resumed operations. After more than 1 and a half year, mining operations is slowly starting in the district. Though permission has been given ...
Tags: iron ore price news, coal mining jobs, coal mines, mining
Express News Service reported that a team of 20 CBI sleuths inspected 15 mining firms located in Sandur and Hospet taluk on December 6th as part of its probe into illegal extraction, transportation and export of over 0.50 million tonnes of ...
Tags: CBI, illegal extraction, iron ore