It is reported that a mining company has told a parliamentary committee Victoria needs to make more productive use of its coal reserves. Exergen is lobbying the State Government for the right to mine one billion tonnes of coal in the Latrobe Valley. It...
FeOre, a Mongolia focused iron ore explorer, has been admitted to the ASX following a successful initial public offer of up to AUD 140 million shares at AUD 0.25 to raise up to AUD 35 million. FeOre will use the funds raised from the IPO for exploratio...
According to reports, another Afghan coal mine labor was killed at northern Nahrin district of Baghlan province during the rescue efforts on Saturday evening. The latest casualty tolls up the number to 12 who have been killed in Nahrin coal mine collap...
It is reported that thermal coal miner and exporter Ambre Energy is running a beauty parade of advisors for an initial public offering on the Australian Securities Exchange slated for May or June of 2012. Mr Edek Choros chief executive of Ambre said th...
Copper traders are the most bullish since October as global inventories at a two year low add to signs that demand is improving. Sixteen of 28 analysts surveyed by Bloomberg expect the metal to advance next week, the first positive outlook in three wee...
The Ukrainian parliament has forecast 3.8% growth in domestic pig iron production in 2012 compared to the expected results for 2011, increasing to 30 million tonnes. Production of steel is predicted to increase by 3.4%YoY in 2012 to 36 million tonnes....
According to data released by Chinese customs, China's exports of stainless steel flat products totaled 119,372 tonnes in November 2011, surged by 19% MoM in comparison of 100,029 tons in October 2011, driven by increased demand. Among them, 33,959...
The Minister for Employment and Workplace Relations and Minister for Financial Services and Superannuation, Government of Australia, Mr Bill Shorten called on the union minister for steel Mr Beni Prasad Verma here yesterday. They discussed cooperation in the Mineral and Mining sector.
Bloomberg reported that Billionaire Mr Ziyavudin Magomedov Summa Group won the right to build a RUB 44.3 billion section of a railroad to coal fields in East Siberia near deposits to be developed by Evraz Plc and OAO Severstal.
Matsa Resources has announced an important development in its strategy to develop its Dundas Iron Ore Project following agreement with Haina Resources Pty Limited, a subsidiary of Haina International Trading HK Limited, a controlled entity of Shandong Shanshi International Trading Co Limited that paves the way for a formal agreement.
Severstal announced that its indirect subsidiary Lybica Holdings BV has entered into a legally binding heads of terms agreement with Afferro Mining Inc and its wholly owned subsidiary Mano River Iron Ore Holdings Limited for the purchase of 38.5% interest in the Putu Iron Ore Project, Liberia.
