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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.
Leighton Expanded Coal Mining Exploration To Buy Mongolian Coal Mine
Leighton Holdings Ltd has purchased the mining rights to a coal mine in Mongolia, according to Mongolia Web News.
Global Mining Companies Plans Expansions Iron Ore Mine Output
Global iron ore prices are set to decline sharply in 2009 as demand for the steelmaking ingredient shrinks dramatically as a result of deepening world economic recession.
Australian Mine Workers Lost Jobs as Growth in Mining Booming Resources
Nearly 5000 Australians employed in the mining industry have lost their jobs as growth in the previously booming resources sector grinds to a halt and up to $40 billion worth of new projects are put on the back burner.
Rio’s Iron Ore Unit Faces Further Industrial Action
Rio Tinto Group, the world’s third- largest mining company, faces the prospect of further industrial action by train drivers at its iron ore operations in Western Australia after the first strike today in more than 16 years.
Today’s 12-hour strike, in which 11 out of 12 drivers took part, was “only the commencement of the campaign,” [...]
Analysis Industry Steel And Fluctuation Of Demand And The Price Of Steel Sale
Citinank analysts, steel consumption is likely to grow but at a moderate pace over the next two years.
While contract prices have declined given the recent fall in international prices, they are still higher on a year-on-year basis.
Meanwhile, domestic steel companies are likely to continue acquisitions abroad, focusing on the mining sector, in an effort to [...]
Fortescue Wants To Be Iron Ore Producer Company In Australian
Fortescue plans will do perluasaan in produce of iron ore. To support plans the company will invesment for defrayal of $1.6 billion. Fortescue Metal Group Plans to become the biggest iron ore producer in Australian.
Chief Executive Officer Andrew Forrest, said on conference from Perth “funded only from a portion of our free cash flow with [...]
Kloppers flags BHP boosting nickel, copper
INCOMING BHP Billiton chief executive Marius Kloppers has flagged further expansions of the group’s copper and nickel operations, along with fiscal discipline when he takes up his post in October.
In a briefing with Credit Suisse analysts, Mr Kloppers said he believed another concentrator could be built at the Escondida copper mine in Chile, while [...]
