A methanol plant with annual production capacity of 850,000 tons will be set up by the Gulf of Guinea Oil Exploration Limited (GGOEX) in Delta state of Nigeria. The proposed plant, when it becomes operational in 2015, would be the ...
Tags: methanol plant, methanol, methanol industry
Labor problems and low prices have platinum mines closing up shop in South Africa, and the potential for acquisitions is ripening. Senior Mining Analyst and Managing Director at Stifel Nicolaus in Toronto, George Topping believes that ...
Tags: Finance, Rare Earth, Metallurgy
Volatility in global commodity markets remained a significant factor for the food industry during 2012. On the one hand, adverse weather conditions hit grain harvests causing prices to spike, while on the other, over-supply has meant cocoa ...
Mining companies and investors including some heavyweight industrial combines in China are pouring into the region in a quest for iron ore, driving a railway building and mining boom whose worth JPMorgan Chase & Co recently estimated at USD ...
Tags: Mining, iron ore, railway, steel production
Bremen CIF Index reports that due to the holidays in some German federal states cotton merchants registered only few enquiries on the domestic market during the past week. Near dates once again dominated the interest, but the demand could ...
Tags: Bremen CIF Index, holidays, cotton merchants
With approval from the Canadian government granted on Friday, China National Offshore Oil Corp. has crossed the biggest hurdle to its $15.1 billion takeover bid for Nexen and the deal should close by the end of the year, analysts said in ...
Tags: Cnooc Nexen, LNG export facility, Oil
Volta Resources Inc announced the first results from its recently completed 131 hole, 13,528 meters reverse circulation and diamond drilling program on its Gaoua copper and gold project located in southern Burkina Faso West Africa. The ...
Tags: Volta Resources Inc, copper, gold, Metallurgy
An oil field off the Nigerian coast with substantial reserves and potential risks has become the latest foreign prize scooped up as part of China Petrochemical Corp.'s African expansion campaign. The state owned oil gorilla better known ...
Tags: oil field, oil, China Petrochemical Corp, oil industry
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
AAP reported that shares in Sundance Resources are expected come under downwards pressure when they resume trading, as the prospect of a takeover deal with Hanlong Mining appears even more remote. Sundance shares were placed in a trading ...
Tags: iron ore price news, stock market news, sundance fest, iron
Mr Wang Jianjun deputy director general of Department of Foreign Capital and Overseas Investment under NDRC at an industry forum on December 8th said that China's decision making body National Development and Reform Commission is working ...
Tags: offshore iron ore, investments, Simandou iron ore project, West Africa
With funding from The Hershey Co., Project Peanut Butter will make and distribute vitamin-enriched nutritional packets to impoverished children in rural Ghana. Through Project Peanut Butter, children in rural Ghana will receive ...
Tags: Hershey Co., nutritional packets, Project Peanut Butter, rural Ghana
Bloomberg reported that Chinese leaders have signaled they will continue to support investment in iron ore in Western Australia despite the recent slump in demand for the bulk commodity. Beijing's most powerful economic planning agency ...
Privately funded Alliance Mining Commodities has announced that it will cost USD 812 million to develop its Koumbia bauxite project in Guinea West Africa. The Perth based miner released the results of its definitive feasibility study ...
Mars Inc has rolled out its first Fairtrade certified product, Maltesers, into UK stores. The move, first announced in September, is part of the confectionery giant's commitment to source its entire supply of cocoa from sustainable ...
Tags: Mars Inc, certified product, food product, food industry