It is reported that Chilean CAP Minería, the mining branch of Chile's integrated steel group CAP, announced to replace tubes orders from China's Wuhan Iron and Steel Corp. (Wisco). The total tubes orders to 12,847 tons include sizes ...
Tags: Chile's Cap, Tubes, Mineral
UK-based London Mining, a global diversified miner targeting the steel sector, has announced its financial results for 2012. London Mining registered a net loss of $107.8 million in 2012, compared to a net loss of $60 million in 2011. The ...
Tags: London Mining, Mineral, steel sector
Australian miner Sundance Resources has announced that it has requested that trading of its shares be halted at the Australian Securities Exchange (ASX) until April 8, since Hanlong Mining, a subsidiary of Sichuang Province-based Chinese ...
Tags: miner, Sundance Resources, shares
South African junior thermal coal miner Continental Coal announced Monday that diversified mining investment and production company Village Main Reef has agreed to acquire a 19.9% interest in the miner through a A$8 million ($8.3 million) ...
Tags: Metallurgy, Mineral, Energy, Chemicals
Australia's sharemarket roared back to life with its biggest rise in the past eight months as investors snapped up bargains after a three-day decline. The benchmark S&P/ASX 200 closed up 1.8 per cent at 5120.2 after hitting a seven-day ...
Tags: stocks, sharemarket, benchmark
Mongolia-based Chinese miner Mongolian Mining Corporation (MMC) has announced its financial results for 2012. In 2012, MMC registered a net loss of $2.5 million, compared to a net profit of $119 million in the previous year, due to the ...
Tags: Mining Corp, coal prices, coking coal
The sharemarket fell yesterday as banks came under pressure when data showed home-loan approvals fell, and a strategy update from National Australia Bank failed to impress investors. The benchmark S&P/ASX 200 closed down 0.5 per cent at ...
Tags: sharemarket, data, home-loan approvals
Swiss-headquartered iron ore miner Ferrexpo, whose main interests are in Ukrainian iron ore assets, has announced its financial results for 2012. In the given period, Ferrexpo's net profit decreased by 62.5 percent to $215.6 million ...
Tags: Metallurgy, Mineral, Energy, iron ore, iron
The sharemarket finished more than 0.4 per cent higher following a wave of investor enthusiasm in Japan and the US. CommSec market analyst Juliette Saly said local shares finished strongly after a slow start as Japanese shares pushed ...
Tags: stocks, sharemarket, shares
Indian state-run miner NMDC is currently not in negotiation for acquisition of coal and iron ore mines, in Brazil or in any other country, according to the Press Information Bureau of India. During a speech in the Indian parliament, Dr. D ...
Tags: Steel Industry, Steel, Raw Material
On March 8, Sichuan Province-based Chinese miner Panzhihua Iron and Steel Mining Company (Pangang Mining Co.), a subsidiary of Pangang Group, announced that in the January-February period of the current year it produced 1.9721 million mt of ...
Tags: Iron Ore, Mineral, Panzhihua Iron and Steel Mining Company
Australian miner Rio Tinto's mining operations contractor South Africa-based Eqstra Holdings has said that Rio Tinto should not have declared force majeure on coal exports from its Benga mine in Tete province, Mozambique since the flood ...
Tags: Rio Tinto, mine, Eqstra Holdings
China's National Development and Reform Commission (NDRC) has suggested that the global miners have been manipulating the iron ore market by holding back cargos, artificially creating a supply shortage in the market, according to media ...
Tags: iron ore miners, iron ore, iron ore market
Australian miner Flinders Mines Limited has announced that it has signed a binding memorandum of understanding with four Chinese steel mills, allowing the steelmakers to evaluate whether the iron ore from Flinders' Pilbara iron ore project ...
Tags: miner, steel mills, steel
According to the statistics provided by Brazil's National Union of the Industry of Extraction of Iron and Base Metals (Sinferbase), in 2012 Brazilian iron ore exports increased 1.45 percent year on year with a total of 296 million metric ...