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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.
Coal and Mineral Industrial Group Plans Increase Coal Production 33.5 million tonnes in 2009
The Coal and Mineral Industrial Group has set itself the target of producing 33.5 million tonnes of coal in 2009.
The total sales target for next year has been set at 36 million tonnes, which includes 2.5 million tonnes stockpiled in reserve stores.
Coal and Mineral Industrial Group Plans Target Mineral Exploration 33.5 million tonnes Coal Mine Production in 2009
The Coal and Mineral Industrial Group has set itself the target of producing 33.5 million tonnes of coal in 2009.
The total sales target for next year has been set at 36 million tonnes, which includes 2.5 million tonnes stockpiled in reserve stores.
Zinc remains a solid investment as China’s demand grows nearly 10 per cent
Despite fears that China may return to its past as a net exporter of zinc, the commodity is still a solid bet for investors looking to cash in on the growing demand for the metal used to prevent steel from corrosion, experts say.
China’s demand for slab zinc is expected to grow 9.5 per cent [...]
Sterlite to raise $2 bn for power plant
Sterlite Industries (India), a unit of billionaire Anil Agarwal’s Vedanta Resources, plans to raise as much as $2 billion in its first share sale in the US to pay for a new power plant.
Sterlite, India’s largest copper producer, would sell shares that will trade on the New York Stock Exchange, the company said in a [...]
Canadian Stocks Fall as Crude Oil Prices Slide; Encana Retreats
Canadian stocks retreated for the first time in five days, as falling oil prices signaled that profits at energy companies such as EnCana Corp. may decline in the event that demand drops.
There’s hesitation on commodity prices — no one has a handle on where they are going, and they may be subject to further weakness,” [...]
Australia 2008 Commodity Sales May Be Record on China (Update1)
Commodity sales from Australia, the largest exporter of coal, iron ore, alumina and wool, may reach a record in fiscal 2008 as mining companies increase output to meet demand led by China and a drought eases.
Sales of commodities from beef to zinc in the year ending June 30, 2008, will at least match last year’s [...]
CHINA’S JINCHUAN IN DEAL ON NEW CALEDONIA NICKEL
Top nickel exporter SMSP has begun talks with China’s Jinchuan on building a nickel treatment plant, the head of the company based in New Caledonia said Friday.
Andre Dang told AFP that Societe Miniere du sud Pacifique (SMPS) had signed a memorandum of understanding with Jinchuan late last year on the feasibility of building a factory [...]
