Tiger Resources updates production on Kipoi Copper Project

Tiger Resources Limited announced a production update from its high grade Kipoi Copper Project in the Democratic Republic of Congo. Tiger?s first stage of production which utilizes a heavy media separation plant is tracking well to reach its targeted

Steel Guru | July 11, 2011 | 2:40 pm

TurkPower to acquire majority interest in Kuluncak iron ore mine

TurkPower Corporation announced the purchase of 50.09% working interest in Maksor Madencilik Sanayi Ve Ticaret Anonim Sirketi the 100% private owner of the Kuluncak iron ore project in Turkey.

Steel Guru | July 7, 2011 | 8:37 pm

Burundi plans to develop its nickel production

Reportedly, Burundi, the Central African nation has planned to start nickel production next year after first discovering this stainless steel making ingredient more than 35 years ago. Because of lacking fundamental infrastructure, the country?s nickel

Steel Guru | July 6, 2011 | 12:46 pm

First Point Minerals announces positive metallurgical test results for Decar project

First Point Minerals Corporation announced positive metallurgical results from test work completed by Cliffs Natural Resources Exploration Inc an affiliate of Cliffs Natural Resources Inc CLF +1.35% FR:CLF +6.43% for the Decar nickel project in central

Steel Guru | July 6, 2011 | 12:46 pm

Zambian mines can react to any eventualities – Mines rescue body

A mine rescue agency said that Zambian mines are well equipped and can react to any eventualities. In an apparent reaction to the recent development at Zambia’s sole nickel producer, Albidon mining where a sink hold affected production at the mine for another three weeks.

Steel Guru | July 6, 2011 | 12:46 pm

Cherepovets Steel Mill installs new loading crane at its converter plant

It is reported that Cherepovets Steel Mill, a subsidiary of Russian steelmaker Severstal has started installation of a new loading crane No 8 at its converter plant worth RUB 800 million. The new crane's load-carrying ability is 520 tonnes, 70 tonnes

Steel Guru | July 3, 2011 | 8:00 pm

Evraz Group plans to build new section rolling mill in southern Russia

It is reported that Russian mining and steel producing company Evraz Group is going to build a new section rolling mill in southern Russia. The production capacity of the mill is expected to be 450,000 tonnes of products per year.

Steel Guru | July 3, 2011 | 8:00 pm

CIS originated pig iron to Europe stable

It is reported that pig iron shipped from Commonwealth of the Independent States maintained stable in European market last week. Yet, rumors spreading through the market players warn that the spot market has a possibility of going downward in future.

Steel Guru | July 3, 2011 | 8:00 pm

Strike Resources acquisition boosts stake in Peru iron ore projects

Strike Resources has executed an agreement with Iron Associates Corporation to purchase an additional 12% interest in Apurimac Ferrum SA from IAC increasing its stake in AF to 56%. The strategic acquisition was made for a consideration of USD 1.2 million

Steel Guru | July 3, 2011 | 5:24 pm

New survivable tracking system for foal mines receives MSHA approval

Kutta Radios Inc announced that it received Part 23 MSHA certification for a new tracking system that revolutionizes tracking before, during, and after mine emergencies. The Kutta tracking system turns the metallic infrastructure in an underground mine into a large antenna that carries the tracking signal for miles throughout the mine. Image from Kutta Radios is the the DRUM® 100P Portable Medium Frequency Radio (DRUM® 100P).

Steel Guru | July 3, 2011 | 5:24 pm

China top power firms keep racking up loss on thermal power – CEC

Reuters quoted the China Electricity Council said China top five major state-owned power generating groups continued to rack up losses on their thermal power business in May despite the government raising power prices in April. The council said mainly

Steel Guru | July 3, 2011 | 5:24 pm

Ms Bligh seeks to build on exemptions for coal seam sector

It is reported that Queensland is attempting to quarantine its boom coal-seam gas industry from the Gillard government's carbon tax after successfully gaining an exemption from the mineral resources rent tax. The Bligh government is arguing for further

Steel Guru | July 3, 2011 | 5:24 pm

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