Cleveland, Ohio-based Cliffs Natural Resources Inc. reported Tuesday that for the full year 2012, Cliffs recorded a net loss attributable to Cliffs' common shareholders of $899 million, or $6.32 per diluted share, compared with net income ...
Tags: Mineral, Cliffs Natural Resources, Report
Indian state-owned miner National Mineral Development Corporation (NMDC) has announced its financial results for the third quarter ended on December 31 of the financial year 2012-13. In the third quarter, NMDC's net profit decreased by 30 ...
Tags: NMDC, Reduced Net Profit, Mineral
Russian steelmaker Severstal has announced its operational results for the fourth quarter and the full 12 months of 2012. Accordingly, Severstal's crude steel output decreased by five percent quarter on quarter to 3.584 million mt in the ...
Tags: Crude Steel, Output, Severstal
According to the preliminary data released by Statistics South Africa, in November 2012 the country's mining production decreased by 4.5 percent year on year, while the seasonally adjusted mining production index in November increased by ...
Tags: iron ore mining, iron ore, mining, iron ore mining output
The sharemarket closed little changed yesterday, despite news from Japan that Australia's second-biggest trading partner was taking steps to spur growth in its long-stalled economy. The benchmark S&P/ASX 200 index closed up 1.6 points, or ...
Tags: Stocks, sharemarket, inflation target
Australian billionaire Ms Gina Rinehart's closely held Hancock Prospecting Pty posted a 74%jump in profit in 2011 as iron ore sales and royalties surged According to financial statements filed with Australian regulators,profit in the 12 ...
and iron ore miner Arrium has shipped iron ore from its northern South Australian mines out of a newly expanded Whyalla Port for the first time. The move is the next stage in the company's ambition to become Australia's fourth largest ...
Tags: New Port, Steelmaker, company's ambition
Reuters reported that Brazil's Vale SA expects a huge derivatives market in iron ore to eventually take shape as players seek hedging instruments to minimize risk from increasingly volatile prices. Mr Jose Carlos Martins who runs the iron ...
Tags: iron ore price news, iron fx, derivatives market, steel scrap price
Reuters reported that Brazil's Vale, the world's second largest mining company, cut estimated 2013 capital spending by 24% after a global slowdown and a drop in iron ore prices led the company to rethink its outlook for expansion. Vale ...
Tags: iron ore price news, job mining, pipeline job, copper mining news
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 ...