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Mining Assets
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Chinese Steelmakers Eyes on Overseas Markets
Nov 10, 2014Although dwindling domestic demand and excess capacity have shrunk profit margins for most Chinese steelmakers, it has inspired some to tap overseas markets for sustained, long-term growth. Hebei Iron &Steel Co, China's second-largest ...
Tags: Chinese Steelmakers, Iron, Steel
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Solvay Aims to Increase Its Annual Production Capacity of Natural Soda Ash
Feb 10, 2014Solvay plans to increase its annual production capacity of natural soda ash at its Green River plant in Wyoming by 150,000 metric tons as of early next year, to meet growing demand of its U.S. export markets. "This capacity expansion ...
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Bowie Resource Partners LLC Has Today Completed The Purchase of Canyon Fuel Company LLC
Dec 19, 2013Bowie Resource Partners LLC, a joint venture between Bowie Resources, LLC and the Galena Private Equity Resource Fund managed by Galena Asset Management, has today completed the purchase of Canyon Fuel Company LLC from Arch Coal, Inc. for ...
Tags: BRP, Canyon Fuel Mines, joint venture, coal producing
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Trafigura's Mining Group Has Entered Into an Agreement to Sell Its 98.68% Stake
Dec 19, 2013Trafigura's Mining Group announced that it has entered into an agreement to sell its 98.68% stake in Compañia Minera Condestable SA ("CMC") to Southern Peaks Mining LP ("SPM"). Completion of the sale is subject to certain conditions ...
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MAC Commends The Federal Government on The Signing of Two New with Tanzania and Guinea
Dec 11, 2013The Mining Association of Canada (MAC) commends the federal government on the signing of two new Foreign Investment Promotion and Protection Agreements (FIPAs) with Tanzania and Guinea. The FIPA with Tanzania came into force earlier today, ...
Tags: Mining, Metallurgy, Mineral
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Bisha Mine in Eritrea Has Reached Commercial Production for The Copper Expansion
Dec 9, 2013Nevsun Resources Ltd. (TSX:NSU) (NYSE MKT:NSU) is pleased to announce that the Bisha Mine in Eritrea has reached commercial production for the copper expansion with the successful commissioning of its flotation plant. Since commissioning ...
Tags: Nevsun, Bisha Mine, copper
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CGE Is Planning to List Some of Its Mining Assets Via a RTO of SGX-listed China Mining
Aug 22, 2013China Geological Exploration Holdings (CGE) is planning to list some of its mining assets via a reverse take-over (RTO) of Singapore Exchange (SGX)-listed China Mining International (China Mining), the CGE said on Monday. The CGE is a ...
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Severstal Announces to Invest US $1.3 Billion in 2013 to Support Its Growth
Feb 21, 2013Russia-based Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, has announced that it plans to invest US $1.3 billion in 2013 to support its growth and long-term competitive strategy. ...
Tags: Severstal, steel, steel related mining
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Expropriation and Resource Nationalism Will Remain The Main Risks for Miners in 2013
Jan 11, 2013Expropriation and resource nationalism will remain the main risks for miners in 2013, according to a report published Wednesday by UK-based risk consultancy Maplecroft. Since the appropriation of mining assets by governments continues to ...
Tags: Miners, Myanmar, Tajikistan, Bolivia, Investments
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Indian Iron Ore Production Is Expected to Fall by 40% to 100 Million Tonnes in 2012-13
Dec 28, 2012Business Standard reported that Indian iron ore production is expected to fall by 40% to 100 million tonnes in 2012-13 as compared with 167 million tonnes 2011-12, which had also seen sharp decline from 208 million tonnes produced in ...
Tags: iron ore production, iron ore, iron ore export, iron, ore
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Metinvest Group Continues to Invest in New Mining Machinery for Its Mining Division
Dec 21, 2012Metinvest Group, a vertically integrated group of steel and mining companies continues to invest in new mining machinery for its Mining Division. Metinvest Group acquired a new BelAZ dump truck for the Annovsky open pit of Severniy GOK. ...
Tags: mining machinery, steel, mining, Mining Division
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Closely Held International Has Secured AUD 30 Million Cornerstone Investment From China
Dec 20, 2012Closely held International Base Metals Limited has secured AUD 30 million cornerstone investment from China as it looks to develop a copper mine in southern Africa. IBML, advised by Azure Capital also hopes to use some of the funds raised ...
Tags: Chinese miner, copper mine, mining assets, Metals
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Holdgrove Limited Acquired The Right to Own 3.2% of Severstal Shares
Dec 12, 2012In particular, Severstal CYBB Limited, Lybica Holding BV withdrew from Severstal's authorized capital after divestment of their stakes. Holdgrove Limited acquired the right to own 3.2% of Severstal shares Holdgrove Limited increased its ...
Tags: Severstal CYBB Limited, mining enterprises, gold mining assets
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Wuhan Iron and Steel Announced a CNR 15 Billion Private Placement to Acquire Mining Assets
Dec 4, 2012SHARES in Wuhan Iron and Steel Co surged after the major Chinese steel mill announced a CNY 15 billion (USD 2.41 billion) private placement to acquire mining assets from its parent. According to a filing to the Shanghai Stock Exchange, ...
