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…

July 21, 2011

Commodities rise after Greek plan details emerge

Financial markets — including commodities — surged after details from the highly-anticipated EU Summit were released. Germany's demand that private investors be a part of any Greek bailout, which will…

July 21, 2011

BHP Billiton production results in line with expectations – analysts

City broker UBS says global mining firm BHP Billiton's (LON:BLT) June production figures were slightly better than expected and gives the stock an unchanged 12 month rating of a 'buy'…

July 20, 2011

NRW Holdings wins multiple contracts for Fortescue Metals’ iron ore operations

NRW Holdings, leading provider of civil and mining services to the resources sector in Australia, in joint venture with the Ngarluma and Yindjibarndi Foundation Ltd (NYFL) and Eastern Guruma Pty…

July 20, 2011

The economies of BHP and Woolworths

BHP Billiton and Woolworths exactly capture the two faces of our 21st century economy and the challenging - mostly - pluses but also minuses posed right now and into 2012.…

July 20, 2011

INTERVIEW: Outokumpu To Focus On Growth Outside Europe

Efforts to turn loss-making Finnish stainless steel maker Outokumpu Oyj (OUT1V.HE) around have been insufficient to date and the company will now focus on growth outside of Europe in order…

July 20, 2011

Indian iron ore mining mess – JSW Steel may cut output due to ore shortage

BS reported that JSW Steel is likely to take production cuts at its 10 million tonne per annum steel plant at Toranagal in Bellary district of Karnataka owing to severe…

July 20, 2011

BHP posts annual production records

BHP Billiton Ltd says it achieved production records in four commodities in 2010/11, with production of iron ore posting its 11th consecutive record. BHP said annual production of iron ore…

July 20, 2011

WA announces uranium mining royalties

The West Australian Government has announced it will levy a 5 per cent royalty on uranium and magnetite iron ore. By 2014-15 the State Government expects to reap more than…

July 19, 2011

Canada stocks gain on strong commodities

Strong metal and oil stocks lift the TSX Composite Index Tuesday as the loonie rallies on expectations of eventual rate hike.