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Review And Analysis : Gold Mining Industry Development and Mining Companies Growth In China


Over the last few weeks we’ve been paying more attention to China as it emerges from the East. There are three reasons why China poses such an interesting potential return of value for traders.
A very interesting read is an interview with Jim Rogers about his thoughts on China.
“While he says that China is the only [...]

India Mining Industry Will Reach a Total Value of US$45.40Bn


India is home to a myriad of metals and minerals. Globally, the country is the largest producer of sheet mica, the third largest producer of coal, the fourth largest producer of iron ore and the fifth largest producer of bauxite. Besides these natural resources, India also hosts significant reserves of copper, zinc,
gold and about 26 [...]

Low spot iron ore and coking coal prices should benefit NMDC and JSW Steel


Historically, the commodity cycle follows the economic cycle and this time is no different. The liquidity crisis and its cascading effect on real economies across the world have pulled down prices of commodities, including iron ore and coking coal.

Ghana Earning Royalties and Corporate Tax From Gold Mining Companies


For centuries, Europeans stripped Ghana of its gold deposits to such an extent that in colonial times it was known as the Gold Coast.

The Biggest Steel Company and Producer, ArcelorMittal Reports Loses $1.063 Billion in First Quater


The world’s biggest steel maker ArcelorMittal on Wednesday reported a net loss of 1.063 billion dollars (806 million euros) in the first quarter, almost twice as much as analysts expected.

Russia’s Steel Companies Hold Negotiations With Iron Ore Mining Companies


On April 1, the start of China’s fiscal year, Russia’s steel producers hold negotiations with iron ore miners to work out the terms of their annual contracts.

Thermal Coal Reserves Producer, Phoenix Coal Inc. Announces Financial Result 2008 year


Phoenix Coal Inc a leading producer and consolidator of thermal coal reserves in the Illinois Basin announced its financial results for the fourth quarter and year ended December 31st 2008. Unless otherwise noted, all reserves and resources are expressed in imperial tons, and all financial information is expressed in U.S. dollars.

Mining Market Analysts : Australia’s Rich Exports Iron Ore Mine 2009


Lucrative Australian exports such as iron ore face a tough year as flatlining global growth and sluggish demand are set to topple resource prices from extravagant highs, analysts said.

U.S Steelmaker to Slash Production Impact Global Crisis and Economic Slowdown


After posting record profits, steel makers are facing a harsh new reality: dwindling orders, production cuts, layoffs. And tougher times lay ahead, analysts say.