International commodities trader Glencore International plc (Glencore) has announced that it will not be able to complete the $31 billion takeover transaction for the Anglo-Swiss miner and coking coal producer Xstrata plc (Xstrata) by March ...
Tags: miner, coking coal, mining giant
Brazil-based miner Vale has announced its financial results for the fourth quarter and the full year 2012, reporting its first quarterly loss in 10 years. In the fourth quarter of 2012, Vale registered a net loss of $2.65 billion, ...
Tags: miner Vale, miner, Iron ore prices
Buying interest stayed muted at south China's trading hubs for imported thermal coal Tuesday, and CFR delivered prices were rangebound at $86/mt and remain capped by competitively priced domestic thermal coal, traders said. The ...
Tags: south China, thermal coal, imports
Toronto-listed miner Northland Resources has announced that its first iron ore shipment left the Port of Narvik, Stockholm, Sweden on February 25. Northland's first shipment of approximately 55,000 mt of high grade iron ore concentrate ...
Australian iron ore miner Atlas Iron Limited has announced its financial results for the first six months ended on December 31 of the financial year 2012-13. According to the financial results, in the given period Atlas recorded a net ...
Tags: Iron Ore Prices, Iron Ore, Iron, Ore
Panamax coal freight rates on established routes from South Africa's Richards Bay and Indonesia to India ended the week higher on Friday as grain cargoes in the Atlantic basin absorbed tonnages from both hemispheres, sources said. ...
Tags: coal freight, coal, Panamax freight
Australian miner Rio Tinto has sent a notification to its mining operations contractor South Africa-based Eqstra Holdings, confirming that it has declared force majeure on coal exports from its Benga mine in Tete province and that all the ...
Tags: mine, mining operations, mining
Australian iron ore miner Fortescue Metals Group has announced its financial results for the half year ended on December 31 of the 2012-13 financial year. In the given period, Fortescue's net profit decreased by 40 percent year on year to ...
Tags: net profit, iron ore prices, iron ore miner
Central Europe-based miner New World Resources Plc (NWR) has announced its financial results for the full year 2012. In 2012, New World Resources registered a net loss of €1 million, compared to a net profit of €130 million in ...
Tags: World Resources, miner, Resources
The sharemarket has closed at a fresh four-year high as gains by financial stocks offset falls by the big miners. At close today, the benchmark S&P/ASX 200 index had risen 16.8 points, or 0.33 per cent, to 5098.7 points, while the broader ...
Tags: sharemarket, financial stocks, big miners
The European-delivered thermal coal market traded at its highest level in over two months Wednesday afternoon as sources said that the market is finally reacting to tightening supplies following the ongoing disruption in Colombian exports. ...
Tags: coal market, Metallurgy, Drummond coal
PPG Industries announced that it recently surpassed 1,000 requests for Leadership in Energy and Environmental Design documentation for its architectural glass products. According to five-year data from PPG’s flat glass business, one ...
Tags: PPG Industries, LEED documentation support, glass products
Australia-based iron ore miner Mount Gibson Iron has announced its financial results for the first six months ended December 31 of the financial year 2012-13. In the given period, the company's net profit declined by 71.4 percent year on ...
Tags: iron ore prices, iron ore, iron ore miner
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
The sharemarket has closed at its highest point since September 2008, led by the major banks. At 4.15pm AEDT, the benchmark S&P/ASX 200 index had risen 29.5 points, or 0.59 per cent, to 5063.4 points, while the broader All Ordinaries ...
Tags: Stocks, sharemarket, Ordinaries index