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ArcelorMittal Has Entered Into a MoU to Build an Automotive Steel Manufacturing Facility

May 27, 2015

Luxembourg 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

BHP Billiton Embarked on a Rapid Production Capacity Expansion Program

Jan 8, 2015

December 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

The World Diamond Conference That Took Place Last Week in New Delhi

Dec 22, 2014

The 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

De Beers Published This Week Publicized Diamond Insight Report

Nov 10, 2014

The 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 ...

Tags: De Beers, Diamond

Chinese Steelmakers Eyes on Overseas Markets

Nov 10, 2014

Although 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

Dominion Diamond Corporation Is Designed to Enhance The Company's Status

Nov 7, 2014

The 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

A Diamond Is Forever, But The Diamond Industry Will Continue to Change

Oct 11, 2014

De 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

China Steel Mills Seek Buyers Abroad

Oct 7, 2014

China 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

Chinese Imports of Iron Ore in 2015 Will Increase From a Record 900 Million Mt

Sep 28, 2014

Chinese 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 ...

Tags: Vale, Iron Ore

CNS Will Have to Pay BRL 4 Billion to Revenue Service Receita Federal as Unpaid Taxes

Sep 10, 2014

Brazilian 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

EPA reached an agreement with Homestake Mining Company of California requiring company

Aug 29, 2014

SAN 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 ...

Tags: EPA, agreement, Service

BHP Billiton Has Announced Its Financial Results for The Year Ended June 30 This Year

Aug 21, 2014

Australian 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

Fitch Ratings Has Affirmed Mining Company Samarco'S Rating at BBB

Aug 20, 2014

International 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

Kuzbassrazrezugol Produced 21.4 Million Mt of Coal in The First Half This Year

Aug 13, 2014

Russian 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

Company's Board of Directors Has Appointed Lourenco Goncalves to The Positions of Chairman

Aug 12, 2014

Cliffs 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 ...

Tags: Cliffs Natural Resources Inc., announce, Chairman

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