It’s reported that Anglo American, the Australian coking coal supplier announced its financial result for 2012. The company posted a net loss of US$1.49 billion for 2012, slumping from a net profit of US$6.17 billion in 2011. ...
Tags: coking coal, Anglo American, coal
Russian mining and steel group Mechel has announced that it has signed a series of agreements for the disposal of its Romanian steel assets - Ductil Steel Mechel, Campia Turzii S.A., Mechel Targoviste S.A., Mechel East Europe Metallurgical ...
Tags: Mechel, Steel, Romanian Assets
Brazil-based miner Vale has announced that it has declared force majeure on February 15 on a number of contracts for coal sales from Mozambique. According to Vale's statement, high rainfall since early February 2013 and continuing over ...
Tags: miner Vale, coal sales, coal products
Gujarat NRE Coking Coal (GNCCL), the Australian subsidiary of India-based Gujarat NRE, has recommended its shareholders reject the takeover offer by India-based Jindal Steel & Power Limited (JSPL). JSPL is offering to pay A$0.20 per each ...
Tags: Coking Coal, JSPL, Jindal Steel
CA South Korean power utility was active in the spot Australian market Friday, and was close to purchasing at least one Q2-loading Capesize cargo of high ash thermal coal at a price equivalent to $74/mt FOB Newcastle on a 5,500 kcal/kg NAR ...
Russian steel producer Severstal has announced that production restarted on Friday, February 15 at its Vorkutinskaya mine following last week’s explosion, except for one affected area where production will remain suspended for 90 days ...
Tags: mine production, steel producer, steel
But passing the half-way mark of this interim profit season, we now have proof that his real error was putting a super-profits tax on the wrong industry. While profits were sliding at Rio Tinto, OZ Minerals and Wesfarmers' coal division, ...
Tags: Stocks, investment, Australia
Cans Get You Cooking is a national, integrated multi-year campaign launching in February to drive center store sales by getting cans out of the pantry and onto the table. The integrated Campaign launch coincides with National Canned Food ...
Tags: National Canned Food Month, Cans Get You Cooking, February
One in five Chinese LED lighting companies may fail this year as falling prices and oversupply batter an industry that Beijing bankrolled to try to build an energy-efficient future. About 4,000 companies in China are producing LEDs, or ...
Tags: LED lighting, LED lighting sector, LED
At Bauma 2013 in April in Munich Putzmeister Solid Pumps GmbH will showcase its largest double piston pump KOS 25200. There is a high demand for this high-performance machine primarily in mining and in the area of land reclamation. Here ...
Tags: piston pump, high-performance machine, pump
A delegation consisting of Dr. Khaled Fahmy, Minister of Environment, Dr. Osama Kamal, Governor of Cairo, accompanied by a number of senior officials Shoura Council members and NGOs, visited on Tuesday, February 12th, 2013, Tourah Portland ...
Finland-based steelmaker Ruukki has issued its financial results for the fourth quarter and the full year 2012. In the fourth quarter, Ruukki posted an operating loss of €39 million, remaining almost unchanged compared to the ...
Tags: Ruukki, steelmaker, Mineral
UK-based mining giant Anglo American has issued its financial results for the full year 2012, reporting a net loss amounting to $1.5 billion, compared to a net profit of $6.17 billion in the previous year. Revenues for the period decreased ...
Tags: Anglo American, mining giant, Metallurgy
According to the State Statistics Committee of Russia (Russtat), in January of the current year Russia registered a 2.8 percent decrease in its rolled steel product output to 4.4 million mt, a 5.8 percent decrease in its crude steel output ...
Tags: Russia, Production Results, Mineral
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