Central Europe-based miner New World Resources Plc (NWR) has announced that it has reached agreements with its customers for coking coal and coke sales for the first quarter of 2013. Accordingly, NWR has set the average agreed price of ...
Tags: mining, New World Resources, coking coal
UK-based mining giant Anglo American has announced that it has completed the cost and schedule review for its Minas Rio iron ore project in Brazil, reporting that it expects to register an impairment charge of $4 billion on the basis of ...
Tags: Anglo American, Minas Rio, iron ore project
On January 29, Sichuan Province-based Chinese miner Panzhihua Iron and Steel Mining Company (Pangang Mining Co.), a subsidiary of Pangang Group, announced that it is targeting an iron ore concentrate output of 12.05 million mt in 2013. This ...
The Australian sharemarket closed half a percentage point higher as investors chased higher-yielding financial stocks. At the close today, the benchmark S&P/ASX 200 index was 25.0 points, or 0.52 per cent higher at 4835.2, while the ...
Tags: Stocks, sharemarket, financial stocks
Australian iron ore miner Atlas Iron has announced it shipped a record 1.74 million wet metric tons of iron ore in the quarter ended on December 31, up 25.9 percent compared to the same quarter of 2011. Atlas stated that iron ore prices ...
Tags: iron ore, iron ore miner, iron ore prices
UK-based London Mining, a global diversified miner targeting the steel sector, has announced its operational results for the fourth quarter and the full year 2012. In the fourth quarter, at Marampa mine in Sierra Leone, London Mining ...
Tags: Mining, steel sector, metallurgical
Beijing-headquartered Chinese state-owned enterprise China Metallurgical Group Corporation (MCC) has announced that on January 21 its subsidiaryShanghai Baoye Construction Group Corp. delivered steel structures to Brazilian miner ...
Tags: steel structures, Metallurgical Group, iron ore dock project
Australia's third-biggest iron ore producer Fortescue Metals Group Ltd (Fortescue) has announced its operating results for the fourth quarter of 2012. Fortescue said in its statement that its total iron ore shipments during the December ...
Tags: iron ore shipments, iron ore, Metals Group
Australian miner BHP Billiton has announced its production results for the second quarter and the half year ended December 31, 2012. In the second quarter, BHP Billiton produced 42.19 million mt of iron ore, up three percent compared to ...
Tags: BHP, iron ore output, iron ore
Australia-based miner Fortescue Metals Group has announced that it has awarded Australian contract mining and construction company Macmahon Holdings Ltd the mining services contract for the expansion of its Christmas Creek mine in the ...
Tags: miner, mining, mining services
Australian miner BHP Billiton has announced that work has halted at its IndoMet coal project located in Indonesia after a contract worker was fatally injured in the construction area on Monday, January 21. The IndoMet coal project which ...
Tags: coal project, miner, BHP Billiton
Australia-based miner Rio Tinto has announced that it will register an impairment charge of $3 billion in its financial results for 2012 due to underperformance of its Mozambican coal business and an additional $10 billion write-down from ...
Tags: coal business, coal assets, coal
The sharemarket rose yesterday after US housing data suggested economic growth in the world's biggest economy was likely to continue, and above-consensus GDP data from China showed that an economic recovery in Australia's biggest trading ...
Tags: stocks, sharemarket, economic
The Australian sharemarket rose after US housing data suggested economic growth in the world's biggest economy was likely to continue, and above-consensus GDP data from China showed that an economic recovery in Australia's biggest trading ...
Tags: Shares, economic growth, sharemarket
Finland-based nickel and zinc miner Talvivaara Mining Company Plc announced on January 16 that it has for 2012, achieved its production target with its full year production totaling 12,916 mt of nickel, in line with the company's most ...
Tags: Talvivaara Mining, Nickel, Output, 2012