THE Coega Development Corporation said that it had started recruiting for the first 143 posts out of a possible 800 being created at Agni Steels South Africa’s smelting plant in the Coega industrial development zone. The wholly ...
Tags: Agni Steel, smelting plant, steel mill, steel
Reuters reported that energy over metals, raw over refined, sums up the likely theme for China's commodity demand next year. Commodity markets had become accustomed to China as a voracious consumer of resources, but 2012 showed that ...
Tags: Commodities Market, Market Trend, Metallurgy, Mineral Energy
Iron ore producer BC Iron said that its USD 190 million deal with Fortescue Metals to boost output to 6 million tonnes will not be affected by any sale of Fortescue's infrastructure assets. Fortescue Metals Group said that it was in ...
Tags: iron ore, BC Iron, Fortescue Metals, infrastructure assets
Closely held International Base Metals Limited has secured AUD 30 million cornerstone investment from China as it looks to develop a copper mine in southern Africa. IBML, advised by Azure Capital also hopes to use some of the funds raised ...
Tags: Chinese miner, copper mine, mining assets, Metals
BlueScope and Nippon Steel Corporation have agreed to form a new joint venture encompassing BlueScope's ASEAN and North American building products businesses. Nippon Steel Corporation (NSC) of Japan will be the world's second largest ...
Tags: BlueScope, Nippon Steel Corporation, joint venture, construction
Redstone Resources has been awarded a AUD 200,000 Western Australian Government grant to support drilling at the company's wholly owned Tollu Copper project. Tollu is located in between two major deposits Metals X's Wingellina and BHP ...
Tags: Redstone Resources, drilling, Tollu Copper project, Government grant
Enterprise Metals has identified four more copper prospects from aircore drilling and soil sampling at its Doolgunna project, 130 kilometers northeast of Meekatharra. Sandfire Resources' DeGrussa Project is located about 10 kilometers to ...
Metals USA, Inc a wholly owned subsidiary of Metals USA Holdings Corp announced that it has entered into a new seven year senior secured term loan in the amount of USD 225 million and has redeemed all USD 226.3 million of its outstanding 11 ...
Tags: Metals, loan debt, Senior Secured Notes
The ability to spin a good yarn recently kept an international team of researchers focused on Gossypium raimondii,the simplest cotton genome.The researchers,including Jeremy Schmutz,faculty investigator at HudsonAlpha and head of the plant ...
Tags: Cotton Strain, pesticide, USDA, Accumulating Genetic Markers
Reuters reported that a dispute between Papua New Guinea and Canada's Nautilus Minerals threatens to sink plans to mine gold and other metals for the first time from the ocean floor. It could also work against efforts by the South Pacific ...
Tags: underwater miner, deposit copper, gold, minerals
According to a Barclays Capital survey of producers,consumers,traders and investors,a total of 75%of players in the Chinese base metals market believe that 1H13 will see better economic conditions than the second half of 2012.Iin a similar ...
Tags: Chinese base metals market, survey, Barclays, infrastructure spending
BP is to establish a $100 million international research center known as the BP International Centre for Advanced Materials, or BP-ICAM. This center will lead research aimed at advancing the fundamental understanding and use of materials ...
Tags: BP, international research center, energy, University of Manchester
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 ...
LOCAL shares rose for the third straight day today, hitting a fresh 17-month high as investors sought defensive and higher-yielding stocks as concern grew over the fate of US negotiations on the so-called fiscal cliff. The benchmark ...
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