News Americas reported that the exuberant iron ore prices seen in recent years on the Chinese spot market are a thing of the past and do not exist anymore, Brazilian mining giant Mr Luciano Siani CFO of Vale's said during a panel at the ...
Tags: iron ore, Siani CFO, mining giant
The West Australian cited Mr Chris Ellison MD of Mineral Resources as saying that the company plans a spin out of its iron ore assets within the next 2 years. According to the company, over the past 3 years MinRes has quietly built a ...
Kumba Iron Ore has declared a general amnesty for the approximately 300 employees who have not yet returned to work after the unprotected and unlawful industrial action in October at Sishen Mine in the Northern Cape,and whose employment was ...
Tags: Sishen, Kumba, Northern Cape
Economic Times reported that a Supreme Court committee is likely to recommend drastic action against miners in Goa including severe curbs on production in a move expected to hit the state's finances and devastate the country's scandal ...
Tags: miners, iron ore, iron ore industry
It was assessed by SunSirs that in the tracked 100 spot commodities,16 commodities increased in prices, 24 fell and 60 remained unchanged on 29/11/2012.The largest rises were Potassium chloride (0.56%),Xylene (0.54%),Wheat (0.45%),while the ...
Tags: Spot Commodities Price, Price Chart, 100 Spot Commodities Price
Proactive Investors reported that South Africa focused Bushveld Minerals will deliver a resource upgrade on its flagship iron ore project by the end of the year following an extensive drilling program. Bushveld said that the drilling ...
The Australian reported that Crusader Resources is set to become an iron ore producer in Brazil after finally receiving the required government approvals. The group's Posse project in Brazil's iron quadrilateral in Minas Gerais state ...
Tags: iron ore mine, Crusader Resources
Reportedly,the new appointment of chief financial officer of ArcelorMittal is expected to lead to large scale restructuring.Arcelormittal announced that Matthias Wellhausen would replace Rudolph Torlage,effective on January 2,2013 to run ...
It’s reported that China Steel Corp. (CSC), the largest steelmaker in Taiwan may follow the Chinese steel mills' step to raise its list price slightly for next January and February. It’s learned that the major steelmakers ...
The president of Hsin Kuang Steel, one of the major coil centers in Taiwan said that the Taiwanese steel prices would bottom out in the fourth quarter of this year and rise slight in the first quarter of 2013. It’s learned that ...
Tags: coil centers, Steel Prices, iron ore prices
Business Line reported that the iron ore transportation policy of Indian Railways has come under review. The high powered committee, constituted by the Railway Board a few months ago to examine the present policy and make necessary ...
Tags: Iron Ore, Indian Railways, Transport Policy, transportation policy
China is said to be considering a move to cut tax for iron ore mining companies in a bid to reduce input costs for the nation's steel industry. The country's Ministry of Industry and Information Technology is reportedly working with the ...
Tags: iron ore, tax cut, China, mining companies
supplychainreview.com.au reported that iron ore miner and steelmaker Arrium plans to be the 4th largest producer of iron ore in Australia. CEO Mining Mr Greg Waters today told a UBS Iron Ore Seminar Arrium plans to double its South ...
The Australian reported that for Mr Clive Palmer, the bonanza flowing from his purchase of the Yabulu nickel refinery in 2009 has become part of business folklore, if not the deal's actual terms. The irrepressible businessman has always ...
Tags: Yabulu nickel refinery, nickel, nickel industry, nickel market
Business Standard reported that te steel makers in Chhattisgarh are mulling a plan to block the transportation of iron ore from the NMDC facility if the mining major fails to take any decision to cut the price. Chhattisgarh Sponge Iron ...
Tags: Chhattisgarh Steel, steel market, steel, steel price