August 18, 2011

Renova in talks to buy Ukrainian metals assets

Kommersant cited unidentified people close to the matter as saying that Mr Viktor Vekselberg Russian billionaire Renova Group is in talks to buy metals assets of Viktor Pinchuk EastOne LLC.

August 18, 2011

China wants to break grip of iron ore big three with West Africa projects

China, the world's largest consumer of iron ore, aims to develop and control resources, especially in west Africa, to gain a foothold on supply and tackle the hegemony of three…

August 18, 2011

Forrest faces complaint on sex claims

Mining magnate Andrew Forrest's comment that young Aboriginal girls in the Pilbara are offering men sex for cigarettes has prompted a complaint to Australia's human rights watchdog. Five women from…

August 18, 2011

Black Iron: Forbes and Manhattan’s next big iron ore play

Black Iron (TSE:BKI) is an emerging Canadian iron ore exploration and development company advancing its 100% owned Shymanivske Project in KrivoyRog, Ukraine. While the company’s core focus is currently with…

August 18, 2011

Nickel to face pressure from weakening steel demand

Uncertainties with regard to global growth are pressuring the base metal prices. However Nickel especially faces huge downside pressure due to a weakening Steel demand and prospects of new mine…

August 18, 2011

Poor iron ore supply affects production of steel – Sidor

Workers at Alfredo ManeiroSiderurgica del Orinoco or Sidor have expressed concern at the low supply of iron ore and poor quality of the input by Ferrominera Orinoco. Through a statement,…

August 18, 2011

Kazakhstan looking increasingly attractive to international businesses, investors says GCM Worldwide

Kazakhstan, strategically placed between China and Russia, has a wealth of mineral riches which it is eager to profit from. While Kazakhstan is probably best known for its oil, changes…

August 18, 2011

Goa ore exporters join hands to repair damaged roads

Tags: Goa, Iron ore, Mining, Industry Mineral ore exporters in Goa have come up with a novel way to offset the impact of their activities in the state by investing…

August 18, 2011

BHP plans rail line in threat to its biggest supplier

Global miner BHP Billiton is looking to build a new rail line between some of its inland Australian coal mines and the coast in a move that could threaten dominant…

August 18, 2011

ENRC seeks to reassure on governance as profit climbs

Kazakh miner ENRC said a keenly awaited governance review was on track to deliver a fully independent board that would take all stakeholder interests into account, when posting first-half profit…