Miner and trader Glencore Xstrata (GLEN.L) reported copper production increased by a fifth in the first six months of 2013, driven by the ramp-up of mines replacing depleted operations and a stronger performance in Congo. Glencore, which ...
Tags: Copper Output, Glencore
It’s reported that China’s Hebei Steel has completed the project of buying PMC. Now it becomes the largest shareholder of South African miner Palabora Mining Co (PMC). It buys the 74.5% stake of PMC which was owned by Rio ...
Tags: Hebei Steel
It’s reported that the Indian state-owned miner National Mineral Development Corporation (NMDC) released its financial result for the first quarter ended on June 30th of fiscal year 2013/14. In the first quarter of this year, ...
Swiss-headquartered iron ore miner Ferrexpo, whose main interests are in Ukrainian iron ore assets, has announced its financial results for the first half of the current year. In the given period, Ferrexpo's net profit decreased by 14.3 ...
Indian state-owned miner National Mineral Development Corporation (NMDC) has announced its financial results for the first quarter ended on June 30 of the financial year 2013-14. In the first quarter, NMDC's net profit decreased by 17.5 ...
Tags: miner, net profit
The Australian share market has outperformed others in the Asian region, as strength in the banking sector pushed it higher. Commonwealth Bank shares closed at a record high, and its three rivals also posted strong gains. That helped ...
Tags: share market
Finland-based nickel and zinc miner Talvivaara Mining Company Plc has announced that it produced 1,776 mt of nickel in the second quarter of the current year and 4,508 mt of nickel in the first six months. The company carried out a ...
Tags: Talvivaara, Mineral
Resource companies have shaken off a slowdown in Chinese manufacturing to help the Australian sharemarket finish higher. At 4.15pm AEST, the benchmark S&P/ASX200 index was up 18 points, or 0.36 per cent, at 5035.1. The broader All ...
Tags: Chinese Woes
AUSTRALIAN shares have closed slightly higher, boosted by gains from resource companies on the back of record production results from mining heavyweight Rio Tinto. Rio has announced it had increased iron ore production by six per cent to ...
Strength in the resources sector has pushed Australian shares higher, although the market lost some ground after China's finance minister lowered expectations for the country's economic growth. The S&P/ASX200 index passed 5000 points in ...
Tags: China Gloom, Miners
Chinese state-owned Yanzhou Coal Mining's proposal to acquire the 22% of shares it does not own in Australian coal producer Yancoal Australia for A$905 million ($822 million) might violate strict foreign investment conditions set by the ...
Tags: Coal Mining, Chemicals
PPG Glass eVIEW is a multifunctional suite of Web-based tools that enables architects, glazing contractors, glass fabricators and other building professionals to search, construct, view and compare virtual glazing configurations in three ...
Tags: Construction, Decoration, Glass, coating
Brazilian iron ore mining company cis suspending iron ore production at its Corumba mine in the state of Mato Grosso do Sul, Brazil, according to media reports. The miner will suspend operations at its Corumba mine starting from the ...
Tags: Iron Ore Mine, Mineral
Australian iron ore producer BC Iron Limited has announced that in the financial year 2012-13 ended June 30 it has reached a record iron ore output of 5,003,005 wet metric tons from its Nullagine iron ore joint venture in the Pilbara region ...
India's state-owned miner National Mineral Development Corporation (NMDC) has announced that in the quarter ended June 30 of the financial year 2013-14, its iron ore output amounted to 6.83 million mt, up by a slight margin of 0.29 percent ...
Tags: Iron Ore Output, Mineral