Investors took a record high for US stocks - the bellwether Dow Jones Industrial Index eclipsing its pre-global financial crisis peak - as confirmation that the US economic recovery is gathering strength and sent the local market to its ...
Tags: US stocks, Stockmarkets, Stocks
The sharemarket recorded its biggest one-day fall for nine months after minutes from the US Federal Reserve's recent policy-setting meeting revealed unease about the bank's stimulus efforts. The benchmark S&P/ASX 200 closed down 2.3 per ...
Tags: Stocks, sharemarket, share
Shares were on track for their biggest fall in three months after minutes from the Federal Reserve's most recent policy-setting meeting showed rising unease about the US central bank's recent stimulus efforts. Domestic earnings reports had ...
Weaker investor sentiment sent the Australian dollar to its lowest levels since October in thin trading conditions because of the Lunar New Year celebrations in Asia. The sharemarket was flat, also in thin trading, as investors remained ...
Tags: Australian dollar, October, lowest levels
Baosteel is making progress in high-end mining wear-resistant material research and development. Developed by Baosteel Special Material, BTW new high manganese wear-resistant steel plate breaks foreign enterprises' monopoly in China's ...
Ukraine-based vertically-integrated mining and steel group Metinvest has announced that it invested more than UAH 2.6 billion ($315.3 million) in new equipment and in construction projects for enterprises in its Mining Division in 2012 as ...
Tags: Mining Division, mining group, steel group
Kumba Iron Ore (Kumba) confirms that engagement is continuing with the less than 300 employees who embarked on an illegal strike on Wednesday, 3 October 2012, at the Company's Sishen Mine in the Northern Cape. The strikers are demanding a ...
Tags: Kumba Iron Ore, engagement, employees, Sishen Mine
Atlas Copco has won 2 large orders from mining customers in South and Central America, worth a total USD 30 million. One is from Minera Panama to deliver drilling equipment and related services for the Cobre Panama open pit copper project. ...
Tags: Atlas Copco, mining customers, America, drilling equipment
Almost every house in the vicinity of an iron ore mine in Goa's Sanguem, Sattari and Bicholim talukas is likely to have a 10 tonne tipper truck parked in its backyard. Some have 2, 3 or even 4 trucks parked. In all, there were about 25,000 ...
Tags: iron ore mine, Goa, Sanguem, India
Ailing economic growth in China is beginning to take a toll on miners and suppliers in the United States. Dwindling exports to the Middle Kingdom across a swathe of US industries would appear to strongly substantiate reports that the ...
Tags: China, Equipment News, Rare Earth, Suppliers News, USA
In today's highly competitive industrial manufacturing environment, it's crucial to run a cost efficient, reliable, and productive fabrication line that yields durable, rugged, high-quality products. At Joy Mining Machinery, a global ...
Tags: Automated Welding System, welding equipment, mining machinery
Kumba Iron Ore(Kumba)announces with regret that talks with a group of illegal strikers occupying the Company's Sishen Mine,to get them to leave the mine,have not been successful. As a result,they will now be notified to attend ...
IANS quoted TATA Steel Processing and Distribution Ltd, a wholly owned subsidiary of TATA Steel, said that the current slowdown in the country’s automotive sector would lead to a less than 25% sales growth this fiscal. The company, ...
Tags: TATA Steel, Steel Processing, Steel, slowdown
Heavy equipment makers are pinning their hopes on a stimulus fuelled rebound in China in 2013, after suffering another bruising quarter as the global economy slowed faster than expected with little respite seen before the end of the year. ...
American manufacturing companies are marching on Moscow. At a time when tepid growth at home, a slowing Chinese economy and recession in much of Western Europe is dogging Corporate America, Russia is getting newfound attention as a growth ...
Tags: Market View