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mining company
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ArcelorMittal Has Entered Into a MoU to Build an Automotive Steel Manufacturing Facility
May 27, 2015Luxembourg based steel and mining company ArcelorMittal has entered into a Memorandum of Understanding (MoU) with Steel Authority of India (SAIL) to build an automotive steel manufacturing facility in India. As per the MoU, both the ...
Tags: ArcelorMittal, Automotive Steel
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BHP Billiton Embarked on a Rapid Production Capacity Expansion Program
Jan 8, 2015December is normally associated with celebrating achievements and chalking out action plans for the year ahead. But for Andrew Mackenzie, the chief executive officer of mining giant BHP Billiton Ltd, December was the culmination of an ...
Tags: BHP Billiton, Miner
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The World Diamond Conference That Took Place Last Week in New Delhi
Dec 22, 2014The World Diamond Conference that took place last week in New Delhi, India, created a buzz in the industry that, frankly, needed a bit of a pick-up considering the state of the market. It not often that two heads of state attend a diamond ...
Tags: Diamond Trade, Arts
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De Beers Published This Week Publicized Diamond Insight Report
Nov 10, 2014The analyst presentation that De Beers published this week on behalf of Anglo American was as revealing as the company’s much publicized Diamond Insight Report. Whether this was a once-off publication or not, the presentation was ...
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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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Dominion Diamond Corporation Is Designed to Enhance The Company's Status
Nov 7, 2014The recent re-launch of the CanadaMark hallmark by Dominion Diamond Corporation is designed to enhance the company’s status as Canada’s primary diamond mining company. While CanadaMark is essentially a business-to-business (B2B) ...
Tags: Diamond, CanadaMark, Arts
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A Diamond Is Forever, But The Diamond Industry Will Continue to Change
Oct 11, 2014De Beers is talking about change, urging the trade to be proactive in dealing with a persistently uncertain and volatile market environment. While the company has directed its message to the diamond industry at large, and specifically to ...
Tags: diamond industry, diamond
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China Steel Mills Seek Buyers Abroad
Oct 7, 2014China had exported 52.4 million tons of steel as of the end of August, up 36% from a year earlier as low domestic demand has left producers with a massive surplus, Bloomberg reported, citing data the news agency had complied. The price of ...
Tags: Metallurgy, Mineral, Energy, Steel, Steel Rebar
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Chinese Imports of Iron Ore in 2015 Will Increase From a Record 900 Million Mt
Sep 28, 2014Chinese imports of iron ore in 2015 will increase from a record 900 million mt, an executive at Vale told media Thursday. According to Claudio Alves, global director of marketing and sales at the Brazilian mining company, the Asian ...
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CNS Will Have to Pay BRL 4 Billion to Revenue Service Receita Federal as Unpaid Taxes
Sep 10, 2014Brazilian steelmaker Companhia Siderurgica Nacional (CSN) will have to pay BRL 4 billion (US$1.78 billion) to the country's revenue service Receita Federal as a result of unpaid taxes. According to the nation's fiscal council Carf, CSN ...
Tags: Metallurgy, Mineral, Energy
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EPA reached an agreement with Homestake Mining Company of California requiring company
Aug 29, 2014SAN FRANCISCO –The U.S. Environmental Protection Agency has reached an agreement with Homestake Mining Company of California requiring the company to assess contamination and address safety hazards at four abandoned uranium mines in ...
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BHP Billiton Has Announced Its Financial Results for The Year Ended June 30 This Year
Aug 21, 2014Australian mining company BHP Billiton has announced its financial results for the year ended June 30 this year. According to the company's financial statement, BHP Billiton has posted a net profit of US$13.83 billion for the financial ...
Tags: BHP Billiton, Financial Results, Energy
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Fitch Ratings Has Affirmed Mining Company Samarco'S Rating at BBB
Aug 20, 2014International credit rating agency Fitch Ratings has affirmed mining company Samarco’s rating at BBB, with a stable perspective, it said recently. The rating is based on Samarco’s highly profitable operations, low-cost ...
Tags: Fitch Ratings, BBB, Energy
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Kuzbassrazrezugol Produced 21.4 Million Mt of Coal in The First Half This Year
Aug 13, 2014Russian coal mining company Kuzbassrazrezugol has announced that in the first half this year it produced 21.4 million mt of coal, down 1.9 percent year on year. Meanwhile, in the given period, the company significantly improved coal ...
Tags: Kuzbassrazrezugol, coal, Metallurgy, Mineral
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Company's Board of Directors Has Appointed Lourenco Goncalves to The Positions of Chairman
Aug 12, 2014Cliffs Natural Resources Inc. announced Thursday that the Company’s Board of Directors has appointed Lourenco Goncalves to the positions of Chairman, President and Chief Executive Officer, effective immediately. Goncalves replaces ...
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