The gold industry is not doing enough to combat debt and rising losses and not investing enough in exploration, Randgold CEO Mark Bristow said Tuesday. "A number of major companies in the industry today are simply not viable," Bristow ...
Tags: gold industry, Mines
Thailand-based industrial conglomerate Siam Cement hopes to jack up 5-10% sales out of its paper and packaging this year, banking on demand from Southeast Asian countries. Domestic growth, however, is expected to be around 1-2%. Siam ...
Tags: Packaging Business, Siam Cement
Tim Woods, managing director of IndustryEdge, knows that corrugated packaging is the powerhouse of Australasia’s paper industry. Here, he explains why. Australia and New Zealand use the full array of fibre packaging options, from ...
Tags: Virgin material, Virginity, Packaging
Agri-business company Olam International plans to invest around $61m to build a new cocoa processing facility in Indonesia. The facility will produce cocoa butter, cocoa cake and high quality cocoa powders, with an initial capacity of ...
Tags: Agri-business, Olam
Nearly 3 million barrels of Abu Dhabi's Murban crude is expected to move into the Mediterranean in June, according to traders, as weaker demand in Asia and expectations of a bullish summer in the Mediterranean Urals market have attracted ...
Tags: Asian Demand, Murban crude
The US will export 101 million st of coal this year and 96 million st in 2015, the US Energy Information Administration said Tuesday, down from March projections of 103 million st and 99 million mt, respectively. Continued economic ...
Tags: Coal Exports, Coal-fired power
US spot mixed xylene prices fell to a 20-month low Monday at $3.54/gallon ($1,072.62/mt) FOB US Gulf Coast. Spot prices were last seen lower on June 28, 2012, when assessed at $3.50/gal FOB USG, Platts data showed. Mixed xylene prices ...
Tags: Mixed Xylene, xylene imports
Angolan April crude cargoes have sold steadily so far with more than half of the program already cleared, but Asian demand is expected to slow down ahead of a heavy refinery maintenance season, trading sources said Thursday. Activity on ...
Tags: Crude Cargoes, Mineral
South Africa's Richards Bay Coal Terminal (RBCT) exported 4.6 million mt of coal in January, tumbling 33% on-month from the 6.8 million mt shipped in December, according to the latest operating data released by the port Friday. January ...
Tags: Coal Terminal, Mineral
The Rabobank Global Cattle Price Index has risen by 6 percent since June, driven by lower-than-expected beef supply in the main exporting countries and strong Asian demand, according to a new report from the Rabobank Food & Agribusiness ...
Tags: Agriculture, Food
US ethylene dichloride prices were assessed Thursday at$325-335/mt FOB US Gulf,a spike of$30/mt week on week,amid tight availability,strong demand from Asia and an increase in feedstock costs,said sources. The price is at its highest ...
Tags: US ethylene dichloride price, ethylene dichloride, the ethylene
The US will end 2013 with projected coal exports of 118 million st, down 6.3% from record exports of 126 million st in 2012, according to the Energy Information Administration's final Short Term Energy Outlook of the year. The report, ...
Tags: Coal Exports, Metallurgy
Cloud Peak Energy completed a test burn shipment to Japan during the third quarter and continues to look toward Asia for future demand growth, as increased domestic demand for US Powder River Basin coal during the period failed to boost ...
Tags: Coal, Metallurgy, Mineral, Energy
Asian demand, especially by China, is exploding, but benefits to the nation are years away The global liquefied natural gas war is heating up with an increasing number of companies adding to their production capacities, driven by the ...
Tags: Natural Gas, Energy Darling
The slide in LPG prices over the past four days on abundant supply and an Asian demand pause has sent physical values to six-week lows and flipped the paper market to the steepest contango structure since early July 2012, market sources ...
Tags: Metallurgy, Mineral, Energy