Fitch Ratings Director Jay Djemal said that Latin American Metals and Mining observed that higher operating costs remain entrenched. The report said that “Higher operating costs will continue in 2013 for metals and mining. Cost ...
Tags: metals, Mining, mining exports, copper miners
Financial Post reported that a line of yellow buoys marking the boundaries of a scallop farm outside Prince Rupert, British Columbia presents the biggest challenge Enbridge Inc may face in its bid to connect Canada’s oil sands to ...
Tags: Enbridge Pipeline, oil sands, coal, oil
Fitch Ratings has affirmed ThyssenKrupp AG's Long-term Issuer Default Rating and senior unsecured rating at 'BBB-'. The Outlook is Negative. The Short-term IDR has been affirmed at F3. The affirmation reflects Fitch's view that TK will be ...
Tags: Fitch Ratings, AG, Steel, affirmation
Tata Motors Finance Ltd. ("TMFL"), a subsidiary company of Tata Motors Ltd. ("Tata Motors"), a Tata Group company, has gone live with LeaseWave lease management software by Odessa Technologies, Inc ("Odessa"). With more than 2 million ...
Tags: Tata Motors Finance, Tata Group, management software, India
Mr Christos Doulis analyst of Stonecap Securities mining has kept his sector perform rating and USD 1.50 target on Orvana Minerals after the company reported Q4 results on December 21st Friday. Mr Doulis said that Orvana has reported ...
Tags: Orvana Minerals, mining, Minerals, multi mine gold, copper
Southern Arc Minerals announced that it has agreed to sell its Taliwang project to Coke Resources in a cash and share deal. The company's 90%interest in the project will be sold to Coke for USD 500,000 and 15 million Coke shares.The ...
Tags: Minerals, Coke Resources, Arc Minerals, Coke
Tehran Times cited Mr Rostam Qasemi Oil minister of Iranian as saying that OPEC will hold an extraordinary meeting if oil prices come down below USD 100. Mr Qasemi said that''According to projections,oil prices will remain higher than ...
Tags: Opec, Mineral, cut production ceiling
Hubei Province based major Chinese steel producer Wuhan Iron and Steel Group has estimated that in 2012 it will achieve outputs of 35.27 million tonne of pig iron, 36.31 million tonne of crude steel and 36.9 million tonne of finished steel, ...
Tags: Chinese, steel producer, Mineral
Reuters reported that LUKoil had decided not to join the development of Iraq's West Qurna-1 oil field,citing high risks,paving the way for Chinese companies to enter the project. LUKoil oversees the largest share of oil reserves in ...
Tags: Mineral, Energy, Qurna-1 oil field
Reuters reported that Rosneft,seeking to wrap up Russia's largest-ever takeover deal,raised USD 16.8 billion in bank loans and signed long-term supply deals with two leading oil traders that could be worth as much as USD 50 billion. ...
Hyundai Heavy Industries announced that the company and its affiliated shipyard have obtained orders totaling USD 1.05 billion to build five liquefied natural gas carriers. Hyundai Heavy in a statement said that it had won an order ...
Orvana's primary asset is the El Valle-Boinas/Carles gold-copper mine in northern Spain.It also owns and operates the Don Mario Mine in Bolivia,processing its copper-gold-silver Upper Mineralized Zone deposit,and is advancing its Copperwood ...
Tags: Orvana, gold-copper, mine, asset
Business Line reported that NMDC Ltd is banking on Perth based Legacy Iron Ore to acquire more coal mines in different parts of the world. The public sector miner bought 50%stake in Legacy Iron Ore that is exploring and developing mineral ...
Tags: NMDC Ltd, Iron Ore, exploring and developing mineral project
Essar Energy plc,the India focused integrated energy company,announced that the 600 MW unit 1 of its 1,200MW Mahan I power project has been synchronized with the transmission grid and has commenced generating power. Mahan I,in Madhya ...
Tags: Essar Energy plc, energy company, India, Mahan I project
Rosneft reported that British oil major BP’s CEO Robert Dudley will help oversee Russian oil giant Rosneft’s integration with TNK-BP to help introduce best international business standards, the companies said in a statement on ...
Tags: oil giant, oil, BP Chief, Smooth Rosneft, TNK-BP