Mining Weekly reported that the Cameroon government has signed off on the development of the Mbalam iron ore project inking the Mbalam Convention with ASX listed Sundance Resources. The convention underpins an agreement between Sundance ...
Tags: Mbalam iron ore project, Mbalam Convention, Cameroon government
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
As per latest information from Black Sea, CIS steel export prices are rather stable, but future sentiments are moderately negative. Billet price decreased by USD 5 per tonne to USD 10USD during the week and expectations are rather ...
Proactive Investors reported that Reedy Lagoon and its JV partners have being joined by Nippon Steel and Sumitomo Metal Corporation and Sojitz Corporation to explore the Bullamine iron ore project in Western Australia. Both the Japanese ...
Reuters reported that Shanghai steel futures jumped 1.6% on Monday, snapping a week-long fall, following more evidence that China's economy is on the mend, although demand for raw material iron ore is likely to stay subdued along with ...
Tags: steel bar, steel scrap price, stainless steel, steel pipe
The inevitable came to the fore with the iron ore price losing 1%. Over a week long silence was broken on expected lines. Mills withdrew from buying remaining contended with need based buying from stocks. Tenders continued at lower levels ...
Tags: iron ore price news, steel scrap price, stainless steel
Bloomberg quoted Treasurer Mr Wayne Swan before a government report on gross domestic product this week said that growth in Australia, the world's biggest exporter of iron ore and coal, may have slowed last quarter as commodity prices fell. ...
Tags: iron ore, coal, Australia, resource projects
As per data reported by Joint Plant Committee, Indian steel demand grew by just 0.4% to 5.65 million tonne in November 2012. According to Nomura Equity Research, with almost no growth in October to November 2012, steel demand growth over ...
Tags: Joint Plant Committee, Indian steel, steel demand, steel
ccdirector & group CFO of JSPL said that a number of companies are coming out with initial public offers but, JSPL at the moment does not have any plans to list Jindal Power in the near term. He added that they have provided all the ...
Tags: JSPL, Jindal Power, mining operation, mining
Mr Philip Kirchelechner a senior consultant with Australian iron ore miner Mt Gibson Iron at an industry forum on December 9th said that CITIC WA iron ore project is not going well and it is facing loss at the start of production. ...
Tags: iron ore, iron ore project, Australia, iron production, China
Iron ore levels remained ascendant for the 3rd consecutive day. It has touching levels last seen in July. Primarily driven by expected economic recovery in Q1 supported by strong critical parameters has set speculative fear in the market. ...
Tags: iron ore levels, economic recovery, iron market, mill
Bloomberg reported that cthat infrastructure projects and stimulus spending by China, the world’s biggest buyer, will boost demand. The Canberra based Bureau of Resources and Energy Economics said that prices will average USD 106 a ...
Tags: Australia, price, nfrastructure project, energy economics
The West Australian reported that BC Iron surged more than 9% after the iron ore miner raised USD 47 million in a placement at a premium as part of a deal with Fortescue Metals Group to take a bigger stake in its Nullagine JV project. BC ...
Tags: BC Iron, iron, steel, metel market
The president of the Cameroon Mr Paul Biya has granted audience to an Indian business magnet Mr Naveen Jindal CMD of of Jindal Steel and Power Limited. Mr Jidnal was heading a delegation of three in Cameroon to express readiness to invest ...
Tags: cameroon news, iron ore price news, steel pipes, mtn cameroon
It’s not India but China and Iran that Steel Authority of India Ltd might be serving initially from the iron ore mine at Hajigak in Afghanistan for which negotiations are at a final stage and signing of the project likely to happen in ...
Tags: iron ore mine, steel, iron ore, ore