Search Results

Chevron Oil Company Earnings Soar 32 Percent


Chevron Corp. reported net income of $5.4 billion, or $2.70 per share, for the three months ended June 30. That compares with $1.7 billion, or 87 cents per share, in

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

Brazilian Mining Company Vale Sees Iron Ore Prices Higher In 2010


Iron ore prices will likely rise in 2010, underpinned by growing demand from China, the chief executive of Brazilian mining giant Vale said on Monday, without offering estimates of how

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

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

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

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.