India's state-owned miner National Mineral Development Corporation (NMDC) has announced that in the first quarter ended June 30 of the financial year 2014-15 it produced 7.85 million mt of iron ore, registering an increase of 13.4 percent ...
Tags: Metallurgy, Mineral, Energy, Iron Ore
In a statement released at the conclusion of its mission to Guinea, the International Monetary Fund (IMF) has said that the Simandou iron ore project of Australia-based miner Rio Tinto will contribute to a gradual pick-up in Guinea's mining ...
Tags: Mining Industry, miner
Australia-based miner Mineral Resources has announced that it has acquired a 12.78 percent stake in Australia's Aquila Resources Limited, buying more than 52 million shares in the company. Mineral Resources stated that it has the financial ...
Tags: Mineral Resources, miner
US-based multinational financial services corporation Morgan Stanley has reduced its iron ore price forecast for the current year, expecting a further decline in 2015 as well, since the seaborne supply growth has been faster than expected. ...
Tags: Iron Ore, Morgan Stanley
India's state-owned miner National Mineral Development Corporation (NMDC) has announced that in May this year it produced 4.94 million mt of iron ore, registering an increase of 0.8 percent compared to the same month of 2013. The company's ...
Tags: Metallurgy, Mineral, Miner
In April this year, Brazilian miner Vale's iron ore export volume totaled 21.95 million mt, increasing by 14.44 percent year on year, according to Brazil's National Union of the Industry of Extraction of Iron and Base Metals (Sinferbase). ...
Tags: Iron Ore Exports, Iron Ore
Australian miner Rio Tinto CEO Sam Walsh has talked to Bloomberg TV about the price volatility in the iron ore market, expressing confidence that Rio Tinto will be able to survive the decline in iron ore prices since it is the world's ...
Australia's Atlas Iron in May made its first iron ore sale for delivery into India and is looking to add other Asian and European destinations, it said in a presentation Tuesday. China has been Atlas' traditional offtake market, with the ...
Tags: Iron Ore, Iron ore prices
Large Chinese thermal coal miners were dropping their selling prices for domestic 5,500 kcal/kg NAR coal, depressing demand for imported material, sources said Friday. An Indonesia-based trader said that Shenhua had cut its price for ...
Tags: Thermal Coal, power plants
The Indian government is considering urging Indian state-owned miner National Mineral Development Corporation (NMDC) to halt exports in response to demand from local steel mills facing a shortage of raw materials, a senior government ...
Tags: Iron Ore, iron ore miner
South Africa's Universal Coal announced Monday that it expected to start exporting thermal coal from its Kangala mine through the Richards Bay Coal Terminal from July onward after it had started the cold commissioning of the mine's washing ...
Tags: Coal, Universal Coal
Australian miner Cleveland Mining has announced that, together with its iron ore alliance partner Australia-based BC Iron, it is able to produce high grade iron ore concentrate from its Caetite project in the Brazilian state of Bahia after ...
Tags: Iron, High Grade Iron Ore
Finland-based nickel and zinc miner Talvivaara Mining Company Plc has announced its financial results for the first quarter this year, registering a net loss of €17.1 million, narrowing down from €23.9 million in the same quarter ...
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has stated that the Indian Supreme Court order for the temporary closure of about 26 iron ore mines in the Indian state of Odisha may result in a significant fall in ...
Tags: Iron Ore, import duty
Ukrainian miner and steel producer Metinvest Group has stated that it will invest around $1 billion in revamping of blast furnace # 4 at its subsidiary Azovstal Iron and Steel Works. On 15 May, the first upgrading and revamping activities ...
Tags: Blast Furnace, Azovstal