On March 12, Chinese steelmaker Pangang Steel Vanadium & Titanium Plant Co., a subsidiary of Sichuan Province-based Chinese state-owned steel producer Panzhihua Iron and Steel (Pangang Group), announced that its board of directors has ...
Tags: steelmaker, Pangang Steel, Raw Materials, Ansteel
Large machinery, especially for mining and construction, is expensive, especially when purchased new from the showroom. Due to this, many people turn to second hand machinery to save money. Second hand machinery can be a great option if ...
The Canton, Ohio-based Timken Company announced Wednesday its acquisition of Interlube Systems Ltd., which makes and markets automated lubrication delivery systems and related components to end market sectors including commercial vehicles, ...
Tags: Metallurgy, Mineral, Energy
Germany, which currently produces 13% of its gas demand from domestic reservoirs, could meet this proportion of its energy consumption from unconventional resources for 100 years, German oil and gas producer Wintershall said Tuesday. ...
Tags: gas, gas demand, gas resources
Labrador Iron Mines Holdings (LIM) and Tata steel have already settled the cooperation agreement, including the sale of a 51% stake in the Howse iron ore. Under the agreement, LIM and Tata Steel Minerals Canada (TSMC) will develop rail ...
Tags: Tata Steel, Steel, Iron Ore
LX Design House is proud to announce its selection as a finalist in the Information Technology and Business Growth Champion categories of the 2013 Australian Small Business Champion Awards. Picked from hundreds of finalists, the ...
Tags: LX Design House, House, Construction, Decoration
The sharemarket reversed an early rise as mining companies declined on uncertainty about China's growth outlook and Goldman Sachs downgraded the resources sector to from overweight to neutral. High-yield and defensive sectors initially ...
Tags: Stocks, sharemarket, shares
That hour of sleep that Americans gave up last weekend with the advent of Daylight Saving Time comes with a steep economic cost, according to a study commissioned by cushioning major Carpenter Co. The cost: $434 million. Carpenter Co. and ...
Tags: Daylight Saving Time, Carpenter, US
Altos Hornos de México (AHMSA) announced that it will commence another phase of its "Phoenix Project" at the end of March: the Steckel Plate Line, which will have a capacity of 1 million tons of rolled steel plate and sheet with ...
Tags: AHMSA, Phoenix Project, steel plate
The dollar was higher today as investors continued to lower their expectations of further interest rate cuts in 2013. Futures markets were pricing in just 18 basis points of interest rate cuts, compared with 50 basis points at the start ...
Tags: dollar, futures markets, cash rate
The Weir Group PLC (“Weir”) has extended its leading presence and capabilities in global mining and oil sands markets with the acquisition of a leading Canadian based manufacturer of wear resistant linings. In addition, ...
Tags: Weir Group PLC, mining, oil sands
Sweden-based mining and exploration company Dannemora Mineral has announced an iron ore reference price of $147/mt for the second quarter of the current year, based on the average prices for December 2012 and January and February 2013. The ...
Tags: iron ore prices, iron ore, mining
It’s reported that Afferro Mining inked an agreement with Korean Posco to develop mines in Cameroon. In February 25th, the two companies signed a memorandum of understanding (MoU) to develop three iron mines Nkout, Ntem and ...
Tags: Posco ink, mines, Nkout mine
It’s reported that Afferro Mining inked an agreement with Korean Posco to develop mines in Cameroon. In February 25th, the two companies signed a memorandum of understanding (MoU) to develop three iron mines Nkout, Ntem and ...
Tags: Posco ink, mines, Nkout mine
Shares in Commonwealth Bank soared above $70 to a new record yesterday as the local stocks hit a 4 1/2-year high after encouraging US non-farm payrolls data suggested the world's biggest economy was recovering. Strength in defensive and ...
Tags: Shares, stocks, sharemarket