Reported that tracking a firm global trend, copper futures prices rose by 0.61% to INR 446.85 per kilogram as speculators created fresh positions. Besides, rising demand at spot markets also influenced metal prices. Analysts said that the ...
Tags: Indian copper, copper, copper futures prices, copper prices
Reuters reported that the departing chief executive of Norilsk Nickel, the Russian mining giant undergoing an ownership shakeup, will receive a USD 100 million severance deal. Two sources close to the company's shareholders said that ...
Tags: mining giant, mining, nickel, palladium, Norilsk Nickel, CEO
As per the latest information from Black sea CIS steel export prices are in mixed dynamics. Billet price is rather stable with the market around USD 515 per tonne FOB Black Sea. Despite minor fluctuations, raised by particular deals and ...
Tags: CIS steel, steel, CIS steel export, Billet price
Bloomberg cited Mr Fang Gao, a spokesman for the company as saying that Sinosteel Cam SA, a unit of China’s Sinosteel Corp plans to spend USD 660 million at the Lobe iron ore project in Cameroon. Mr Fuh Calistus Gentry secretary of ...
Tags: Sinosteel, iron ore, iron ore project, Sinosteel Corp
According to data released by the Pakistan Federal Bureau of Statistics,Pakistan's iron and steel scrap imports amounted to 100,673 tonne in November this year,decreasing 47.6%compared to October and down 24.7%YoY.The value of the iron and ...
Tags: PFBS, iron, steel scrap, Pakistan
Business Line reported that the India’s infrastructure players are passing through a tough phase as this year comes to an end. They expect a turnaround early next year as the Government seeks to fix sector concerns with reforms. ...
Tags: India, infrastructure, reform, roads projects
The Daily Times reported that Pakistan's Privatization Commission has approved withdrawal of the review petition filed against the Supreme Court's judgment,which annulled the privatization of Pakistan Steel Mills Corporation. Prayer was ...
Tags: Daily Times, Pakistan, PC, CCoR, PSMC
Estrella Gold Corporation announced that Cliffs Natural Resources Exploration Inc a wholly owned subsidiary of Cliffs Natural Resources Inc has accepted the Yanac Property as JV Project. Cliffs and Estrella each now hold 50% interest in ...
Tags: Estrella Gold, Cliffs, JV Project, Yanac Property
ABC reported that the Northern Territory Government hopes a decision will be made this week on a plan to help save a Rio Tinto alumina refinery on the Gove peninsula in remote North East Arnhem Land. The Territory's Chief Minister said ...
Tags: Government, alumina refinery, Gove peninsula, North East Arnhem Land
It is reported that China Hanlong is looking for state run businesses in China to co develop the USD 4.7 billion flagship Mbalam iron ore project located in Africa that is owned by Sundance Resources. Several super large state run ...
Tags: China Hanlong, state run businesses, Mbalam iron ore project, financing
The Saudi Gazette reported that UAE energy giant TAQA's billion dollar vote of confidence in Scottish oil and gas has been further strengthened by a new report which says some USD 70 billion of investment in the sector is expected by 2016. ...
Tags: UAE energy giant, TAQA, oil, gas
The West Australian reported that iron ore holdings is looking for a partner to develop what the Kerry Stokes backed iron ore junior believes could be a large scale industrial salt operation in the Pilbara. IOH has asked Liam Twigger's ...
Tags: iron ore, IOH, partner, solar salt operation
Alderon Iron Ore Corporation announced that it has entered into an agreement with Nalcor Energy whereby Nalcor will perform Stage III engineering and assessment related to providing transmission and electrical plant and services associated ...
Tags: Alderon, Nalcor, agreement, Stage III, engineering, assessment
Reuters reported that London copper firmed after data showed China's manufacturers built on a recovery this month, driving a fifth straight week of gains but a lack of resolution to the US fiscal cliff kept a lid on prices. Growth in ...
Tags: London, copper, China, manufacturers
BNamericas reported that workers at US based Southern Copper's Cuajone and Toquepala copper mines and its Ilo smelter will begin an indefinite strike on December 24th 2012 to demand higher wages. Mr Ricardo Juárez Union ...
Tags: Southern Copper, copper mines, indefinite strike, higher wages, Peru