August 15, 2011

Queensland to ban exploration in urban areas

Queensland on Monday placed further restrictions on exploration activities in the state, after Cabinet considered a new policy to ban exploration in and around urban areas. Premier Anna Bligh said…

August 14, 2011

PT Antam H1 2011 ferronickel output up by 6pct YoY – CEO

Reuters reported that ferronickel output at Indonesia's state owned nickel miner Aneka Tambang rose by 6% YoY in the first half of 2011 as compared with the same period of…

August 14, 2011

Iron ore production up in Iran

Over 9.3 million tons of concentrated and granulated iron ore were mined in the country in the first four months of the current Iranian year (started March 21), showing an…

August 13, 2011

Justice denied in Chinese pursuit of Australian

Late on Thursday night Matthew Ng dropped his head to his hands and sobbed uncontrollably, as lawyer Chen Youxi's closing submission reached its climax. This was a Chinese criminal courtroom,…

August 13, 2011

Tata Steel’s profit increased three-fold

Tata Steel has reported its net consolidated profit increased three-old, amounting to Rs 5,346.55 crore. The said profit is for the first quarter ending on June 30.

August 13, 2011

South Korean H1 CR stainless steel sheet output up by 4pct YoY

According to data of Korea Iron and Steel Association, South Korea produced 638,957 tonnes of stainless steel sheets in the first half of 2011, up by 4.2% YoY in comparison…

August 13, 2011

Ausdrill wins USD 75 million contract from FMG

Ausdrill said that it is set to win a three year, USD 75 million contract with Fortescue Metals Group covering its Solomon iron ore project in the Pilbara.

August 13, 2011

Taiwan iron and steel export value in July up by 12pct

According to the statistics released by the Taiwan ministry of finance, Taiwan's iron and steel exports value in July this year amounted to USD 1.76 billion, increasing by 12.2% compared…

August 13, 2011

Indian iron ore mining mess – Over 40 mines operating in Goa sans mandatory permits – PAC

The Public Accounts Committee constituted by the Goa State Legislative Assembly has collected data, which confirms that large quantity of ore was tapped by firms without proper mining permissions in…

August 13, 2011

Commodities to extend gains, say GCM Worldwide

Retail sales in the U.S. climbed 0.5 percent in July, the most in four months, following a 0.3 percent increase in June that was larger than previously estimated, GCM Worldwide…