July 15, 2011 Iron ore spot price extends gains on firm Chinese steel demand Spot iron ore prices extended gains on Friday, driving a key global index to near two-month peaks, as steel mills in top producer China continued to restock the raw material…
July 15, 2011 Australia’s WPG fast-tracks Buzzard to operate parallel to Peculiar Knob Australian iron ore developer WPG Resources said on Friday it will bring forward its Buzzard direct shipping ore project at Hawks Nest in South Australia. Drilling at the site has…
July 15, 2011 Glencore to stop reporting quarterly results Glencore has decided to stop reporting its results every quarter, in a move that is likely to soothe tensions with Xstrata, the mining company in which it owns a 34…
July 15, 2011 Ternium is among the companies in the steel industry with a relatively low EBITDA growth (TX, SCHN, MT, WOR, RS) Below are the five companies in the Steel industry with the lowest EBITDA Growth (next year estimate vs. LTM). EBITDA Growth can be valuable in predicting future cash flow generation…
July 15, 2011 BHP drags market lower Local shares have closed lower, dragged down by losses in Australian mining giant BHP Billiton.The market also had a weak lead from overseas markets, after Federal Reserve chairman Ben Bernanke…
July 15, 2011 Spending $2,400 a month to keep a truck running in a mine BBC's Jeremy Clarkson, a car enthusiast who hosts the show Top Gear, ran a documentary on an underground mine in Kalgoorlie, Australia, and learned about the exceptional wear-and-tear exacted on…
July 15, 2011 Fitch sees global steel demand and output growth slowing down in H2 Fitch Ratings said in a statement that global growth in steel demand and production is expected to slow during H2 2011 as developing nations fight inflation and developed countries tackle…
July 15, 2011 Commodity falls and fears for stress tests see FTSE decline Falls among commodity issues sapped the strength of Britain’s top share index yesterday, as worries over global growth clouded the demand outlook for metals and oils. At the close, the…
July 15, 2011 Fortescue iron ore shipments jump Fortescue Metals Group expects to ship 12 to 12.5 million tonnes of iron ore in the September quarter after shipments rose 38 per cent in the June quarter.
July 15, 2011 MINING.Com Podcast: Canadian iron ore project advancing An iron ore project in northeastern Canada whose proponent is calling "the next Consolidated Thompson," has taken an important step forward. Alderon Iron Ore Corp. (TSE:ADV) has begun filing material…
Copper poised for best year since 2009 after December surge All six base metals on the LME are headed for annual gains in a year that’s seen an array of supply-side pressures. December 24, 2025 | 10:11 am
