THE date September 14, 2012 is etched deeply in the memory of Charlie Aitken. For weeks leading up to that day, the wholesale managing director of Bell Potter -- considered one of the country's best stock pickers -- had been advising his ...
Tags: economy
Ibris Nickel, the Singapore-based nickel miner with assets in Sulawesi, Indonesia is partnering with China's Yong-Xing Alloy Materials Technology Taizhou to build a nickel processing facility in North Konawe,South East Sulawesi province, ...
Tags: Metallurgy, Mineral, Energy, nickel
Rio Tinto has sold $US3 billion ($3.1bn) in corporate bonds in the US market, making it the biggest high-grade deal since worries about the Federal Reserve pulling back on its bond-buying program stymied new issuance. Underwriters ...
Guinea-focused miner Bellzone said it has sold a bulk-carrying ship due to the iron ore production forecasts reduced. According to the Forecariah, a joint venture with china International Fund, forecasted it should produce 800,000 to ...
Australian miner BHP Billiton has said that it expects the coal market to be "comfortably supplied" in the near term, with Australian quality hard coking coals expected to remain among the most highly valued. According to BHP Billiton, the ...
Tags: coking coal, raw mat, Australia, Oceania, BHP, opinion, mining, Istanbul
Australian miner Sundance Resources has announced that it is back in talks with investors regarding the development of its Mbalam-Nabeba iron ore project in Cameroon, following the decision to end takeover discussions with China-based ...
Brazil-based mining giant Vale has reduced its coal export forecast from Mozambique by 30 percent, due to heavy rainfall affecting mining activities in Tete Province in February, according to African Press Agency. Accordingly, the company ...
Tags: Vale, Coal, Mozambique Mine
Central Europe-based miner New World Resources Plc (NWR) has announced its financial results for the first quarter of 2013. In the first quarter, New World Resources registered a net loss of €80 million, compared to a net profit of ...
Tags: New World Resources, Net Loss
Indian miner Vedanta Resources has announced its financial results for the fiscal year 2012-13 ended on March 31. Vedanta's profit after tax increased by 35.6 percent to $1.66 billion compared to the previous financial year, while the ...
Tags: Iron Ore Mining, Metallurgy, Mineral&Energy, Karnataka
Russian coking coal miner Raspadskaya has stated that it has suspended all operations at its main mine after detecting unsafe levels of carbon monoxide at the site. The toxic gas was first detected on May 6 in a "confined" area of the ...
Tags: Russia, Raspadskaya, Main Coal Mine
The sharemarket was higher despite weakness among major resources stocks as investors waited for the federal budget. Most major sectors were up at noon, with information technology shares leading the way and despite a dip in the energy ...
Tags: Australian Market, Mining Stocks
UK-based London Mining, a global diversified miner targeting the steel sector, has announced its operational results for the first quarter of 2013, reporting a total sales volume of 589,000 wet mt of iron ore concentrate, compared to ...
Tags: London Mining, Iron Ore
The sharemarket consolidated yesterday as high-yield plays reacted negatively to reduced hopes of further interest rate cuts following the release of stronger-than-expected domestic jobs statistics. Meanwhile, profit-taking pushed ...
Tags: Rates Forecast, economy
Kazakhstan-based mining group Eurasian Natural Resources Corporation Plc. (ENRC) has announced its operational results for the first quarter of 2013. The miner registered a ferroalloy output of 364,000 mt in the first quarter this year, ...
According to report, Australian miner Fortescue Metals Group Ltd opens new mine named Firetail at Solomon. It is another step to become one of Asia’s major supplier. The development of Firetail mine for the first stage costs US 3.2 ...
Tags: Fortesuce, Firetail Mine