The Australian sharemarket has opened higher with traders focusing on late gains made in the US session rather than the fact leaders there are yet to agree on avoiding the looming fiscal cliff. At 1045 AEDT,the benchmark S&P/ASX200 index ...
Tags: Fiscal Cliff, index rose, Stocks, share price
The Australian sharemarket closed higher yesterday as US President Barack Obama cut short his Christmas holiday to return to Washington for talks aimed at avoiding the so-called fiscal cliff. Locally,investors remained optimistic that ...
Tags: Stock, sharemarket, tax, bank
PTI cited a senior official of Steel Ministry as saying that the proposal to set up a steel plant jointly by state owned NMDC and Russia's Severstal has been put in cold storage as both the companies are not willing to lose management ...
Tags: PTI, NDMC, POSCO, JV company, Management Issue, steel maker, Severstal
According to Maplecroft's principal Latin America analyst James Lockhart-Smith,Venezuela has its eye on becoming a major minerals producer,though its capacity to do so is in question. Mr Lockhart-Smith told BNamericas that"Specifically ...
Tags: Maplecroft, Latin America, Venezuela, minerals producer
Vestnikkavkaza cited Mr Reza Fatemi Amin deputy minister for Industry of Iran as saying that the country has reduced exports of iron ore and increased steel production. It plans to stop steel imports. The country imports about 7 million ...
Tags: iron ore, steel production, steel imports, steel
Business Standard reported that Chhattisgarh government is mooting to go Odisha way and ask the mining companies to reserve half of its production for the local units. In Odisha, it was the private iron ore miners who had come under ...
Steelhome website publishes monthly report on China Steel Market, International Steel Market, HRC/CRC, Construction Steel, Medium Plate, Stainless Steel, Iron Ore, Coke, Scrap and Ferroalloy each month. Summary: I China ...
Tags: Steelhome, China Steel Market, International Steel Market
It was assessed by SunSirs that in the tracked 100 spot commodities,13 commodities increased in prices, 22 fell and 64 remained unchanged on 21/12/2012.The largest rises were Polyester yarn (1.40%),Ethylene glycol (1.19%),Benzene ...
Tags: spot commodities, China, Price Chart, Chinese market
Auric Mining Corporation announced that it has signed a MoU with Vietnam based Anh Thang Mining Corporation to jointly mine and excavate some of the largest, active iron ore and steel mining properties in Northern Vietnam. Established in ...
Tags: Auric Mining, Mining Projects, iron ore, steel mining
The Australia reported that the recent surge in iron ore prices has taken the market by surprise and a solid run is forecast to continue into next year,with delayed expansion plans,stronger Chinese growth and falling Chinese inventories set ...
Tags: iron, profit taking, metal market, iron ore prices
Australia based miner Fortescue Metals Group Ltd announced that it will resume works in January 2013 at the Kings deposit within the Solomon mining hub in the Pilbara region of Western Australia. The decision to complete the development ...
Tags: Fortescue Metals Group, metal, iron, price, improvement
OAO Severstal announced the signing of a compromise and settlement agreement amongst, inter alia, the Government of Liberia, Afferro Mining Inc and the company’s indirect subsidiary Lybica Holding BV in relation to tax claims made by ...
Tags: Afferro Mining, Severstal, tax settlement, Afferro Mining Inc
Sierra Iron Ore Corporation announced that it is has successfully staked additional mineral claims adjacent to the Tom Cat property in British Columbia, Canada. With the addition of the newly staked said that the Tom Cat property is now ...
Tags: Iron Ore, mineral, Tom Cat Property, Copper Mountain
Exploration company Sable Mining Africa announced that positive initial results from metallurgical test work at its Nimba iron ore project in south east Guinea. The firm said that the results revealed the potential for Nimba to host ...
Tags: Sable Mining, metallurgical test work, iron ore project, iron ore
Business Standard reported that Indian iron ore production is expected to fall by 40% to 100 million tonnes in 2012-13 as compared with 167 million tonnes 2011-12, which had also seen sharp decline from 208 million tonnes produced in ...
Tags: iron ore production, iron ore, iron ore export, iron, ore