The Australian sharemarket closed at a 19-month high as firming expectations of a February interest rate cut helped banking stocks. At the close today, the benchmark S&P/ASX 200 index was 18.3 points, or 0.38 per cent, higher at 4756.6 ...
Australia-based miner Flinders Mines has announced that it has received the key environmental approvals for its Pilbara iron ore project in Western Australia. Flinders will continue to work on making progress on the remaining approvals ...
Tags: mining, Flinders Mines, iron ore project
New World Resources expects a decline in its average agreed thermal coal price in 2013, and pricing pressure to persist in the coking coal market in the near term, the Amsterdam-based coal producer said Monday in an updated company outlook. ...
Australian shares rose slightly yesterday as global equity markets remained supported by tentative signs of improvement in China's economy. Fund managers tipped continued yield-based demand for Australian equities in particular, although ...
Tags: China, shares, global equity markets, economy
Central Europe-based miner New World Resources Plc (NWR) has announced its operating results for the fourth quarter and 2012. In the fourth quarter of 2012, total coal output decreased slightly to 2.58 million mt, compared to 2.6 million ...
Tags: Resources, coal output, miner
Sweden-based mining and exploration company Dannemora Mineral has announced its operational results for 2012 and the outlook for 2013. In 2012,Dannemora produced 939,000 mt of crude iron ore,including 492,000 mt of crude iron ore in the ...
Tags: Dannemora Mineral, iron ore production to reach full capacity
Finnish mining and metal manufacturing equipment provider Outotec has announced that it has agreed with Swedish miner LKAB regarding the design and turnkey delivery of a gas cleaning plant to LKAB's iron ore pellet plant in Malmberget, ...
Tags: mining, metal, manufacturing equipment provide, Outotec, LKAB
Tropical cyclone Narelle which is forecast to strike Western Australia's Pilbara region,an area rich in mineral and energy sources,has caused the closing of ports and evacuation of workers at mining sites and drilling platforms,according to ...
Tags: tropical cyclone, iron ore, mining, trade
Disposing of dysprosium, terminating terbium, eliminating europium and nixing neodymium Shares of Molycorp (NYSE:MCP) plunged more than 22% to $8.33 in heavy volumes on Thursday after the rare earth miner served up more bad news to ...
Tags: dysprosium, terminating terbium, eliminating europium, nixing neodymium
Angang Group Hong Kong, a subsidiary of Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Group Co. (Ansteel), has received approval from Australia’s Foreign Investment Review Board (FIRB) for the purchase of ...
Tags: Angang Group HK, FIRB, steelmaker, Ansteel, Gindalbie
AAP reported that Atlas Iron is on track to produce up to 7.7 million tonnes of iron ore in 2012-13. It is on track to produce up to 7.7 million tonnes of iron ore in 2012 -13 after bringing its third Pilbara iron ore mine into production. ...
Tags: iron ore, iron ore mine, iron ore miner, mines
NICKEL is on track to end 2012 as the worst performing base metal and 2013 doesn't look much better. In fact, the only hope for existing nickel producers is that some of the emerging operations strike technical problems in their ...
Tags: Nickel needs project, Nickel needs, Nickel, base metal, nickel pig iron
Business Standard reported that the All OdishaF Steel ederation, an association of secondary and finished steel makers, has urged the ministerial panel on raw material supply to address issues pertaining to pricing and availability of ...
Tags: Iron Ore, Iron Ore price, Odisha Steel Federation, steel market
PTI quoted CAG as saying that delays in awarding contracts have nearly trebled iron ore miner NMDC’s cost for developing two deposits to INR 15.06 billion. NMDC, which has around 16% share of the country’s total iron ore ...
Tags: NMDC, iron ore miner, iron ore, miner, iron ore production
AAP reported that Fortescue Metals Group shares are heading towards a 6 month high after breaking through USD 5 amid global optimism and an increase in the iron ore price. The Pilbara focused iron ore miner closed 2.4% higher at USD ...
Tags: Fortescue Metals Group, shares, iron ore price, company news