October 3, 2011

Mining: A great sector to play seasonal trends

The metals and mining sector offers one of the more consistent seasonal plays each year. Its period of strength is from the end of November to the end of May.…

October 3, 2011

BHP bets on China’s demand

BHP Billiton is close to kicking off spending on its huge Port Hedland capacity expansion, as it bets China's steel mills will remain hungry enough to consume up to an…

October 2, 2011

Liberia returns to iron ore market after 20 years break

The mining exercise of the iron ore. Photo | FILE | Share This Story Share With the shipment of about 6000 metric tons of iron ore, Liberia has re-joined a…

October 2, 2011

Amazon caves may block Vale iron ore mine

Vale, the world's second-largest mining company, may be unable to develop a massive new iron-ore mine in the Amazon after archeologically and environmentally sensitive caves were found at the site,…

October 2, 2011

China’s crude steel output rises 10.6 pct

BEIJING, Oct. 2 (Xinhua) -- China's crude steel output increased 10.6 percent year-on-year to 469.28 million tonnes in the first eight months, according to the National Development and Reform Commission…

October 2, 2011

Steel consumers want govt to intervene to ease iron ore supply

Steel consumer industry has urged the Government to intervene and save the downstream steel consuming industry by arranging regular supply of iron ore to the steel plants which has been…

October 2, 2011

24 mining firms on verge of losing leases

The days are numbered for iron ore mining companies involved in illegal transactions in Karnataka. Some of the mining companies that are already suffering heavy losses with the stoppage of…

October 2, 2011

Steel production up 20 pct in Iran

Production of steel billets in Khouzestan Steel Company (KSC) increased by more than 20 percent in the first six months of the current Iranian year (started March 21), said the…

October 2, 2011

Rio Tinto says targets for boosting female numbers ‘vital’

The mining industry finds it difficult to attract and retain senior women. Narelle Crux, talent management head at Rio Tinto, tells Louisa Peacock how the company is working to change…

October 1, 2011

BHP Billiton chairman buys up another $500,000 stake

JACQUES Nasser, for the second time in a month, has bought shares in BHP Billiton on the New York Stock Exchange. The chairman paid about $29.50 a share for scrip…