July 23, 2011

BHP Billiton big in Australia

BHP Billiton is good for the Australian pscyhe. Source: The Australian IN THE "good old days" a billion dollars used to be really worth, well, a billion dollars - these…

July 23, 2011

Santos says skills shortage yet to hit

David Knox, Santos chief executive, says the expected skills shortage has not yet affected his company. Picture: Calum Robertson Source: News Limited SANTOS chief executive David Knox, whose company is…

July 23, 2011

Russia ferrous product exports decline in Jan to May

According to the data for the first five months of the current year from the Federal Customs Service, Russia ferrous product exports decreased by 16%YoY to 13.950 million tonnes worth…

July 23, 2011

Belarus increases metallurgical production by 15pct in H1 2011

According to data released by the National Statistical Committee of the Republic of Belarus, in the first half of the current year Belarus increased metallurgical production by 15.2%YoY. In particular,…

July 22, 2011

Mining Weekly: First metallic iron from Palabora pilot project June 2012

Work is expected to begin in September on a pilot plant that will convert stockpiled magnetite fines into metallic iron at Palabora Mining from the end of June next year.…

July 22, 2011

POSCO warns of slow steel demand, high costs in H2

Employees of POSCO walk near a sculpture with POSCO's logo at the company's headquarters in Seoul July 22, 2011. POSCO, the world's No. 3 steelmaker, met market expectations with a…

July 22, 2011

SSAB sees growing demand for niche steel products

Swedish steelmaker SSAB (SSABa.ST: Quote) beat second-quarter earnings forecasts, helped by demand for its specialist products in the United States and Europe, and said the recovery had further to run.

July 22, 2011

India steel output at 35.6MT in Jan-June, 1/10th of China

According to the World Steel Association (WSA), production of steel in China during the January-June period of the current year stood at 350.543 MT, almost half of world output during…

July 22, 2011

Canadian Orebodies commences drilling on potential large tonnage Haig Inlet Iron Ore Project

Canadian Orebodies Inc. (TSX VENTURE:CO) ("Orebodies") has started drilling on its Haig Inlet Iron Ore Project, located on the Belcher Islands, Nunavut, Canada.

July 21, 2011

The world is entering a new age of iron

Two reports out on Thursday suggest that iron ore is far from being merely a relic of the industrial revolution and still plays a central role in the world economy…