South Korea Mining News

South Korea to more than triple 2011 minerals investment

The country said local firms were expected to more than triple investment in mineral development as they intensify their search for rare metals.

South Korea tenders for copper and tin ingots

3,000 tonnes of copper and 200 tonnes of tin ingots sought by South Korea, says Public Procurement Service.

South Korea's POSCO reluctant to pass rising steel costs to buyers

The chief executive of POSCO, the world's No.3 steelmaker, said it would be difficult to raise steel prices enough to cover rising raw materials costs stemming from flooding in Australia, which has affected coal mines, rail links and ports.

Strong international turnout expected for MINExpo

MINExpo International 2008, the world’s largest mining equipment and technology exposition, is just two months away and international vendors are working with the US Department of Commerce’s (DOC) International Buyer Program (IBP) to facilitate a robust international component of the show. To date 15 countries are using the IBP to organise delegations to attend the [...]

Global Steel Price Hikes Likely To Extend Into Third Quarter

US transaction prices continue to shoot up as the substantial hikes, planned by the mills for June deliveries, are implemented. Further sharp increases have been announced by a number of producers for third quarter business. […]

Global Steel Price Hikes Likely To Extend Into Third Quarter

US transaction prices continue to shoot up as the substantial hikes, planned by the mills for June deliveries, are implemented. Further sharp increases have been announced by a number of producers for third quarter business. […]