The Chilean government and CAP finally had settled the agreement of its Punta Alcalde power plant. Under the agreement, CAP has to reduce emissions from its pellet plant at Huasco which is close to the power plant. In fact, CAP ...
AAP reported that shares in Aquila Resources fell more than 3% on November 30th after the company said it could reduce its costs by USD 2.4 billion. The minerals explorer said that there was potential to reduce capital costs from USD 7.4 ...
Tags: Aquila Resources, West Pilbara, iron ore
Hindustan Times reported that facing acute shortage of iron ore, steel and sponge iron producers of Karnataka have demanded that state run NMDC, the only miner allowed to operate in the stateshould take steps to increase its production and ...
PTI reported that after a massive crackdown on illegal mining, Odisha is working on ways to provide long term iron ore linkages to steel firms located in the state through the state run Odisha Mining Corporation. According to officials, ...
Tags: Odisham, steel company, steel ore
It was assessed by SunSirs that in the tracked 100 spot commodities,21 commodities increased in prices, 29 fell and 50 remained unchanged on 04/12/2012.The largest rises were Soybean meal (1.08%),PET (0.98%),LLDPE (0.78%),while the largest ...
Tags: Spot Commodities Price, 100 Spot Commodities, Commodities Price
Business Line reported that housing for paramilitary forces meant to provide security to cost Bhilai Steel Plant upwards of INR 250 crore SAIL BSP is going to extraordinary lengths to ensure that its INR 5,000 crore plan to extract ...
Tags: SAIL BSP, barracks, paramilitary battalion
China Knowledge reported that Wuhan Iron & Steel Co said that it plans to raise not more than CNY 15 billion through a rights issue. In a statement, the Shanghai-listed firm said it intends to issue no more than 4.2 billion A shares and ...
Tags: listed firm, rights issue, mineral resource, acquire
According to The Australian, Mr Andrew Forrest chairman of Fortescue Metals Group Ltd chairman has begun charting a path to recovery for the company after it put a series of projects on hold three months ago due to sharply declining ...
Tags: FMG, Fortescue Metals Group, iron ore price, iron ore
Gindalbie Metals Limited announced that it is currently loading its 10th shipment of hematite direct shipping ore through the Karara export terminal at Geraldton, Western Australia. With this shipment, the total iron ore shipments from ...
Mining Australia reported that Pilbara iron ore junior Iron Ore Holdings has sealed a native title deal with the Yaburara Mardudhunera peoples that will ensure the future expansion of its new projects. Exact details on the value of the ...
Tags: Pilbara iron ore, iron ore, IOH
Rio Tinto Group said that it is targeting savings of USD 5 billion by the end of 2014, while simultaneously boosting production at its iron ore, copper and alumina units. As per report Rio Tinto plans to cut the USD 5 billion in operating ...
Tags: Rio Tinto, iron ore, copper, alumina units
Essar Steel Algoma Inc provide the following corporate update. The Board of Directors has initiated a search for a new Chief Executive Officer. Mr Kalyan Ghosh CCO will continue to serve the Company as Chief Executive Officer on an ...
It was assessed by SunSirs that in the tracked 100 spot commodities,27 commodities increased in prices, 33 fell and 40 remained unchanged on 03/12/2012.The largest rises were Nickel (2.95%),Hydrochloric acid (2.94%),Bromine (1.27%),while ...
Tags: Spot Commodities Price, commodities Price, spot commodities
It was assessed by SunSirs that in the tracked 100 spot commodities,18 commodities increased in prices, 26 fell and 56 remained unchanged on 20/11/2012.The largest rises were Nickel (1.57%),Silver (1.43%),Acetone (1.17%),while the largest ...
Tags: price, Spot Commodities, mineral
SHARES in Wuhan Iron and Steel Co surged after the major Chinese steel mill announced a CNY 15 billion (USD 2.41 billion) private placement to acquire mining assets from its parent. According to a filing to the Shanghai Stock Exchange, ...