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India Globalization Capital Announces Two New Iron Ore Contracts Valued at $3 Million


India Globalization Capital, Inc., a company competing in the rapidly growing materials and infrastructure industry in India, today announced it was awarded two new Chinese iron ore supply contracts valued at $3.0 million. The orders total 60,000 metric tons of medium-grade iron ore, or 56-grade.

Price Of Iron Ore Reached The Highest Price $ 100 Per Ton


Iron ore trade reached a fantastic $ 100 ton. Iron ore prices this is the first time in nine months. Value is the price China must make do with talking back iron ore producers to get the iron ore contract prices offered by producers of iron ore.

BHP Reported The Production Of Iron Ore In The Fourth Quarter Decreased 10 Percent


BHP Billiton is the largest companies based in Melbourne. BHP Billiton is one of the largest mining company producing iron ore after Rio Tinto, Vale. The three companies are companies that supply the world supply of iron ore.

Analysist Mining and Industry Sector : China’s Industry Sector Reopen Coal Mine Import After Deal Coal Prices Contract


A months-long dispute between Chinese coal miners and power generators over annual prices has unexpectedly opened the door to rising imports, despite lacklustre demand and a supply glut.

Iron Ore Price and Demand Future, Vale Beats BHP, Rio as Top Pick on China Ore Demand


Cia. Vale do Rio Doce fell 27 percent this year in Sao Paulo, heading for the first annual decline since 2000. Now analysts say the world’s largest iron-ore producer is poised for its best performance in a decade.
Vale may double in the next year, more than twice the expected gains for the world’s biggest mining [...]

Massey considers raising high-end coal production


Massey Energy Co. is considering options for increasing the production of high-dollar metallurgical coal in hopes of taking advantage of strong demand from the steel industry.
Surging sales of so-called met coal helped the Richmond, Va.-based company increase its profit to $34.9 million in the second quarter, compared with $3.2 million in the same period of [...]

Utah, Colorado rival OPEC oil reserves, lure Chevron, Exxon, Shell


Colorado and Utah have as much oil as Saudi Arabia, Iran, Iraq, Venezuela, Nigeria, Kuwait, Libya, Angola, Algeria, Indonesia, Qatar and the United Arab Emirates combined.
That’s not science fiction, according to Bloomberg News. Trapped in limestone up to 200 feet (61 meters) thick in the two Rocky Mountain states is enough so-called shale oil to [...]

Troubles Run Deep on Gulf Oil Platform


The day after massive Hurricane Dennis churned through the Gulf of Mexico in July 2005, a commercial vessel traveling past BP PLC’s hulking Thunder Horse oil platform radioed the bad news to its owner: The platform’s top deck was listing into the water.
When a landing party from BP arrived at the platform two days later, [...]

Gold Price Outlook a key topic of Wall Street Transcript Gold Issue


The Wall Street Transcript has just published its Gold issue, a report offering a timely review of the sector to serious investors and industry executives. This 88-page feature contains a roundtable panel and industry commentary through in-depth interviews with top management from 22 firms. This issue also contains an “Off the Record” Review of Management [...]