Reuters reported that Al Habtoor Group has postponed a planned initial public offering. The group,which gave no reasons for the decision,had planned to raise as much as USD 1.6 billion through an initial public offering on the Nasdaq ...
Tags: Al Habtoor Group, public offering, Mr Khalaf Al Habtoor, IPO
Reuters reported that African Minerals Ltd will expand its existing rail and port infrastructure rather than build a new port to serve its flagship iron ore mine in Sierra Leone,a move,will save it about USD 1 billion. African ...
Tags: rail, port infrastructure, expansion, iron ore mine
Iron ore stocks on the ASX have been buoyed by the recent increase in the price of the commodity,which reached its highest level since July.The broader Australian market made small gains across the day as investor sentiment rose on ongoing ...
Further to its announcement of October 22nd2012 Toledo Mining Corporation plc announce that,following final discussions held between 14 and 18 December with DMCI Mining Corporation,the Company has exchanged contracts for the sale of the ...
Tags: Toledo Mining, Nickeline Resources Holdings, Corporation
Business Standard reported that GMR will seek a compensation of over USD 800 million from Maldives for the termination of its airport deal here but Male is insisting on a forensic audit, as it feels the actual amount would be less than ...
Tags: GMR, Maldives, compensation, airport deal
Vale SA,the world's largest iron ore producer,climbed to a seven month high as prices for the steelmaking material rebound. Vale,based in Rio de Janeiro,climbed for an eighth day,gaining 1.7%to BRL 41 at the close in Sao Paulo,the highest ...
Tags: Vale SA, Iron, Prices, steelmaking material
LED, a kind of semiconductor diode, can transfer electrical energy to optical energy, and emit yellow, green, blue and other visible light as well as infrared and ultraviolet invisible light. Compared with small incandescent bulbs and neon ...
Tags: LED
As select buyers emerged for specific tonnage largelv the cape size bulkers and suezmax tankers/VLCCs vessels with 20,000 LDT and over, a whole raft of candidates either discharging in the area or coming from the East were mostly ignored, ...
Tags: specific tonnage, vessels, tankers, bulker
The Globe And Mail reported that Inmet Mining Corp.which last month rejected a USD 4.9 billion takeover bid from a Canadian rival has announced a 27% increase in reserves at its massive Cobre Panama copper project in Central America. The ...
Tags: Inmet Mining Corp., takeover bid, copper project, miner, copper demand
Monrovia announced that the transaction between its indirect subsidiary Lybica Holding BV and Mano River Iron Ore Holdings Limited,a wholly owned subsidiary of Afferro Mining Inc,on purchasing a 38.5%minority interest in Severstal Liberia ...
Tags: Monrovia, Transaction, Afferro Mining
Ukrainian Journal reported that Ukraine's government picked APCO Worldwide Inc a Washington based strategic communication firm to promote globally a planned USD 1 billion liquefied natural gas terminal project. The government seeks to ...
Tags: Gas, Ukrainian, APCO, strategic communication, liquefied natural gas
Steel Dynamics Inc has provided fourth quarter earnings guidance in the range of USD 0.18 to USD 0.22 per diluted share, which includes an expected favorable tax adjustment of approximately USD 0.06 per diluted share. Excluding the tax ...
Tags: Steel Dynamics Inc, per diluted share, steel, ferrous metal
The situation is becoming certain for prices of steel tinplates for Southeast Asia to be raised for shipment of next quarter(January to March). It is because the Japanese mills offered lately price increase by USD 50 from this quarter ...
Tags: Japan, Steel Mills, Prices, Shipments
Bloomberg reported that First Quantum Minerals Ltd a producer of copper in Africa, raised its bid for Inmet Mining Corp for a second time to about CAD 5.1 billion (USD 5.2 billion) as it seeks control of the Cobre Panama project. ...
Tags: Quantum Minerals, copper, Mining Corp, copper producers, top-five
According to the Japan Iron&Steel Federation,in the steel market of the USA,prices of hot-rolled,cold rolled and hot-dip galvanized steel sheets/coils rose by USD 30 to 40 from the previous month.Price rise of flat products from the ...