West coast Indian miner Fomento Resources has offered a cargo of 57%-Fe iron ore fines material through a spot tender Thursday, making this the first iron ore shipment the miner will send out of Goa after the state's mining bans were ...
Tags: Fomento Resources, seaborne prices, Iron Ore
Australian iron ore miner Atlas Iron Limited has announced that it has officially opened its Mt Webber iron ore mine in Western Australia's Pilbara region. The official opening follows the start of mining activity in December 2013 and ...
Tags: Australian, iron ore, Metallurgy, Mineral
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
The Human Genome Project was completed in 2003, mapping out all of the genes of the human genome. When the first draft of results were published many were surprised that we had only 24,000 genes. This seemed like an unremarkable amount ...
Tags: Proteins, New Medicines, Better Wine
Food and beverage company Coca-Cola Amatil (CCA) has announced a net profit after tax of $502.8 million, before significant items. Net profit after tax (including significant items) decreased by 82.5 per cent to $79.9 million for the twelve ...
Tags: operating cost structure, Results Decline, Capital Expenditure
Those who closely watch the Canadian transportation mergers and acquisitions scene have been bemoaning a lack of activity thus far in 2013. That silence was shattered in mid-November, beginning with the blockbuster acquisition of Yanke ...
Tags: Canadian, transportation, acquisition, merger
RTL Westcan, one of Canada's largest niche bulk commodity haulers, has been sold to Kenan Advantage Group out of the US. Kenan specializes in the logistics and transportation of fuels, chemicals and merchant gases. Westcan serves about ...
Tags: Auto Parts, transportation
Domestic spot prices of high carbon ferrochrome (basis 50% Cr) in China continued to cweek on week at Yuan 6,850-7,000/mt (85-86.5 cents/lb), on a delivered basis including 17% VAT, amid little change in market fundamentals, sources said ...
UK-based London Mining, a global diversified miner targeting the steel sector, has announced that it has been granted an exclusive 30-year exploitation license for its wholly-owned Isua iron ore project in Greenland. The Isua project with a ...
Tags: Iron Ore Project, Mineral
China imported 755,939 mt of iron ore from India in August, up 49% from 506,322 mt in July, according to data released Monday by the General Administration of Customs. The increase comes on the back of Indian government talks of a ...
A new research report backs the call for greater scrutiny of the impacts of mine-induced subsidence on prime agricultural land. The report, The Risks and Impacts of Coal Mine Subsidence on Irrigation Areas, was launched. It was prepared ...
Tags: Cotton Farming, Textile
Business Standard reported that in a bid to find alternate source of bauxite for the Lanjigarh alumina refinery of the Vedanta Alumininium Ltd which is shut down for want of raw material since December 5, Odisha Mining Corporation has ...
Even after 20 years and investments of over INR 5,000 crore, the 1.5 million tonne alumina refinery project of Utkal Alumina International Ltd a subsidiary of the Kumar Mangalam Birla’s Hindalco, is yet to see the light of the day. ...
Tags: alumina project, alumina, alumina refinery project, Utkal Alumina
A surge in mining activity and online retail sales in south east Queensland has prompted TNT Express to open a new freight facility in Brisbane’s north. The 5,000 m2 depot features a fully automated parcel sortation system ...
Tags: mining activity, online retail sales, automated parcel, parcels
Business Standard reported that according to the Sponge Iron Manufacturers Association, the recent clamp down on miners by the Odisha government is likely to affect India’s sponge iron production by around 15% in the current financial ...
Tags: Sponge Iron Manufacturers Association, India, iron production, iron