Search Results
Iron Ore Mine Demand Drops, Mitsui Delay Iron Ore Ship Orders
Mitsui O.S.K. Lines Ltd., the world’s largest operator of iron-ore vessels, halted new orders for the ships as demand for steel drops.
Australian Mining Sector Forecast Iron Ore and Copper Mine Production Increase To June 2010
Australia forecast a strong rise in iron ore production and a 10 percent jump in copper mine output in the year to June 2010, even after factoring in a more prolonged economic slump that has already triggered supply curbs.
Australian Mining Companies Forecast Strong Increase Iron Ore-Copper Mine Production
Australia forecast a strong rise in iron ore production and a 10 percent jump in copper mine output in the year to June 2010, even after factoring in a more prolonged economic slump that has already triggered supply curbs.
China Iron & Steel Company Candidate Expansion Pilbara Iron Ore Project
Hunan Valin Iron & Steel has pipped China’s largest steelmaker, Baosteel, as the leading candidate to fund a $3billion-plus expansion of the Fortescue Metals Pilbara iron ore project.
China Iron Ore Mine Import Reported Rise 6.2% on Nopember
China’s iron ore imports rose 6.2% on month in November to 32.52 million metric tons, but analysts say that is merely a blip in contractual deliveries and some stockpiling at mills.
US Underground Coal Mine Market Reported, Joy Global Q4 Profit Rises on 40% Sales Growth
Mining equipment manufacturer Joy Global Inc. announced Wednesday morning that fourth quarter profit rose from last year, helped by strong demand for its original equipment and aftermarket parts and services, partially offset by negative impact of currency translation.
Canada Mining Exploration Company Shift Away From Metal Mine Exploration to Coal Mine Exploration
Canada’s biggest diversified mining company has made a major shift away from metals to coal.
Teck Cominco Ltd.’s $14-billion (U.S.) offer for Fording Canadian Coal Trust – the largest coal sector deal in history – amounts to a major bet by Teck on continued strength for the commodity, which is used to make steel and is [...]
Australian Mining Exploration Reported, Iron Ore an Coal Mine Export Effort Australian Economic Growth
Bloomberg online news reported today, growth of chartered investment Australia to experience increase of this year. Factor assisting growth of this state is existence of export mine exploration result activity, especially at delivery of mining products, iron ore mine and coal mine.
Exports climbed 1 percent to A$21.9 billion ($21.1 billion) in May, the statistics bureau [...]
Nickel emerges like noble metal
Nickel prices over the past few years have shown a huge surge buoyed by the concerns of declining global stocks. Strong global demand growth coupled with low inventories has lead Nickel to 15 to 20 year annual average peaks.
Fuelled by the fast developing infrastructure sector, Nickel is expected to continue its peak run. Like gold [...]
