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…

October 1, 2011

Punjab steel industry on 4-day strike

Chandigarh: Over 500 steel producers in Punjab today went on strike for four days to protest alleged harassment by officials of the Central Excise department. Earlier, the industry including induction…

October 1, 2011

African Minerals cuts iron ore sales forecast

Mining firm African Minerals Ltd cut its estimate of iron ore sales for 2011, as mine equipment at its Sierra Leone project was redeployed to build port and railway infrastrucure.

September 30, 2011

Indian cabinet passes new mine law; coal producers hit with 26% tax

A draft law approved by the Indian cabinet today directs miners to share their profits with people displaced by mining. The Wall Street Journal reports that the law, which has…

September 30, 2011

Century Iron Mines Corporation Announces Results of 2011 Annual General Meeting and Financial Results for the Three Months Ended June 30, 2011

TORONTO, ONTARIO--(Marketwire - Sept. 30, 2011) -

September 29, 2011

MINERAL PROCESSING: Outotec to deliver ferrochrome plant to China

ESPOO, Finland - Outotec Oyj will design, build and deliver a new ferrochrome plant to Baotou, in Inner Mongolia, China. The plant is to be operational in 2013 and produce…

September 29, 2011

Severstal planning higher production; bullish on coal, iron ore

Russian mining group Severstal plans to boost production of coking coal and expects iron ore mines in Liberia and Brazil to come online by 2017, the company said Thursday in…