Following the integration of Demag Cranes Group into majority shareholder Terex‘s Material Handling and Port Solutions division, Terex Corporation has announced the following leadership changes: Kevin Bradley, currently President, ...
Australia-based miner Flinders Mines has announced that it has received the key environmental approvals for its Pilbara iron ore project in Western Australia. Flinders will continue to work on making progress on the remaining approvals ...
Tags: mining, Flinders Mines, iron ore project
According to the data released by metal trading enterprise Ukrainian Mining and Metallurgical Company (UGMK), in the January-November period of 2012 Ukraine's scrap exports decreased by 50.3 percent year on year to 366,500 mt. In November ...
Tags: metal trading, Ukrainian Mining, Metallurgical Company, scrap exports
Russian mining and steel group Mechel has announced that it has acquired 55 percent (73.33 percent of common shares) of Vanino Sea Trade Port. The acquisition was made in line with the company’s strategy of developing its mining ...
The Australian sharemarket closed marginally lower after investors decided to reap their profits later in the day. At the close today, the benchmark S&P/ASX 200 index was down 3.1 points, or 0.07 per cent at 4716.6, while the broader All ...
Tags: Australian sharemarket, investment, economy
Investors and the media need to be more prudent when acting on reports or press releases that could represent hoaxes in an increasingly digital world, according to the corporate and markets regulator, the Australian Securities & Investments ...
The Australian dollar was little changed yesterday in Asian trading, in a muted response to remarks from US Federal Reserve chairman Ben Bernanke that the world's largest economy still had quite a way to go towards recovery, despite recent ...
New World Resources expects a decline in its average agreed thermal coal price in 2013, and pricing pressure to persist in the coking coal market in the near term, the Amsterdam-based coal producer said Monday in an updated company outlook. ...
Australian shares rose slightly yesterday as global equity markets remained supported by tentative signs of improvement in China's economy. Fund managers tipped continued yield-based demand for Australian equities in particular, although ...
Tags: China, shares, global equity markets, economy
The Australian market closed higher after a day of consolidation with gains across most of the board. At the close today the benchmark S&P/ASX200 index was up 10.2 points, or 0.22 per cent at 4719.7, while the broader All Ordinaries index ...
Tags: Australian market, gains, consolidation
According to report, Peru sees its economy will continue to grow about 6.1 percent this year on expansion of mining and construction activities. The GDP of the country grew 6.3% in 2012. The expansion of two sectors is related to domestic ...
Tags: mining, construction, steel market
There isn't a shortage of rare earth metals in the ground, but one country, China, has managed to dominate about 95% of the market. It not only mines the metals, but it has built a supply chain to produce them. The U.S. once led global ...
Tags: rare earth metals, metal industry, US
Franklin Electric marked the commercial launch of its artificial lift pumping solutions with significant orders from key global customers. Exxaro, a South Africa-based mining group which provided several test sites for the product, has ...
Tags: Pumping Solutions, Energy Systems, artificial lift pumping solutions
Exxaro, a South Africa-based mining group which provided several test sites for the product, has placed an inaugural order for seven complete pumping systems for its Botswana Coal project, while a strategic customer in the northwestern ...
Tags: mining, pumping systems, Coal project
Cement stocks have fallen sharply this week. In an interview to CNBC-TV18, Deep Mukherjee of India Ratings says he expects the cement sector to grow in the range of 5-8 percent for calendar year 2013. Below is the edited transcript of ...
Tags: Cement stocks, India, cement, cement industry