London copper rose more than 2% on Wednesday, headed for its biggest daily rise since mid-November, as the US Congress struck a deal to avert a fiscal disaster and upbeat China data indicating steady improvement in the world's top copper ...
Tags: London, copper, copper consumption, metal induatry
According to the RM Research, Dragon Energy has been flagged as a speculative buy with a price target of AUD 0.20. This is based on the company's consolidation of DSO iron ore resources and JORC resources that confirm the potential of its ...
Tags: Dragon Energy, metallurgy, energy, iron ore
UC RUSAL the world’s largest aluminium producer, announced that the Company has been ranked among the top five businesses with one of the most transparent procurement system according to the National Procurement Transparency Rating ...
Tags: RUSAL, aluminium producer, transparent procurement system, 2012
The 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 ...
According to the data released by China’s National Development and Reform Commission, in the January to October period of this year the aggregate gross profit of the Chinese iron and steel industry amounted to CNY 113.1 billion (USD ...
Tags: iron, steel industry, China, statistics
Venus 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
Traditionally, the copper price is as good a guide as any to the progress of the mining sector. It’s a relationship that has worked in the past and did again this year as well, with copper adding 5% over 12 months while the general UK ...
Tags: copper price, mining, UK mining sector, UK
The US Department of Commerce (DOC) has announced the initiation of administrative reviews of antidumping (AD) and countervailing duty (CVD) orders with a November anniversary date. The DOC initiated the following administrative reviews ...
In November this year, the value of South Africa's exports of base metals and articles thereof totaled ZAR 8.8 billion ($1 billion), increasing by 10 percent or ZAR 808 million ($95.6 million) over the previous month, according to data ...
Tags: South Africa, exports, base metals, articles
Australia-based iron ore producer Gindalbie Metals Limited (Gindalbie) has announced that it has shipped the first magnetite concentrate cargo from its Karara iron ore project in Western Australia via Karara Export Terminal in Geraldton. It ...
In December last year, iron ore shipments from Australia's Port Hedland increased by 19.9 percent compared to November and were up 21.7 percent year on year, reaching 26 million metric tons, beating the previous monthly export record of ...
Tags: iron ore, Australia, Port Hedland, 2012
According to the statistics provided by Brazil's National Union of the Industry of Extraction of Iron and Base Metals in October this year Brazil's iron ore exports amounted to 26.9 million metric tonne,rising by 22.5%YoY and up three ...
New Pacific Metals Corp announced that it has signed a binding letter of agreement with Silvercorp Metals Inc to acquire majority interest in its wholly owned subsidiary,Fortress Mining Inc.Pursuant to the terms of the Agreement,the Company ...
Tags: New Pacific, Acquire Stake in Rzy Silver Lead Zinc Project
The sharemarket moved the dial a click further to boom conditions by closing at a 19-month high thanks to growing interest in blue chips and miners, and a strong tailwind from the US market's fiscal resolution-driven 2.35 per cent, ...
Tags: sharemarket, growing interest, blue chips, miners
The sharemarket closed higher for a second day yesterday, buoyed by a last-minute budget deal in the US that drove global equities and commodity prices sharply higher on Wednesday night. The benchmark S&P/ASX 200 finished up 0.7 per cent ...
Tags: sharemarket, US, global equities, commodity prices