June 30, 2011 Industrial metals surge to near two-month highs Industrial metals surged nearly 3 percent to end at its priciest in nearly two months Wednesday, as repressed buyers flooded the market after a Greek parliament vote to accept austerity…
June 30, 2011 Schnitzer steel industries Q3 profit drops Schnitzer Steel Industries, Inc. (SCHN) posted third-quarter net income attributable to the company of $33.03 million or $1.18 per share compared to $40.45 million or $1.43 per share a year…
June 30, 2011 Brazil’s Samarco orders world’s largest iron ore pelletizing plant Outotec has agreed with Samarco Mineração S.A. on a turnkey delivery of the world's largest iron ore pelletizing plant in Brazil. The contract value is approximately EUR 200 million, which…
June 30, 2011 Right time to get into commodities, says Barclays Capital The world seems set to enter a period of slower growth and higher inflation and investors would do well to gain some direct exposure to commodity markets, said Barclays Capital…
June 30, 2011 Invest in commodities rather than producers Investing directly in commodities through indexes gives an investor more direct exposure to commodity prices than investing in the producers, whose returns were more aligned with equities.
June 30, 2011 POSCO not in talks with Sundance on $4.6 bln iron ore project POSCO, the world's third-biggest steelmaker, is not in talks with Sundance Resources over the latter's $4.6 billion iron ore project in West Africa, a POSCO source said. "We previously met…
June 30, 2011 Mining truck tires now pricier than a Merc China's insatiable demand for commodities has prompted a tripling in the price of mining truck tyres, making them more expensive than a Mercedes sportscar. Prices for tyres about 3.5 meters…
June 30, 2011 Proto Resources: Government grants mining lease for new Tasmanian project The Directors of Proto Resources & Investments Ltd are pleased to announce that the Tasmanian Government has granted Mining Lease ("ML") 1872P/M over the area of the company's Barnes Hill…
June 29, 2011 Brazil’s steel industry ‘almost at crisis point’ FoxBusiness.com quotes an analyst at an industry conference in Rio de Janeiro as saying on Tuesday Brazil's steel industry is "almost at crisis point," due to the country's strong currency…
June 29, 2011 Tata Steel aims at investing at early stage of mine Entirely reliant on non-captive sources to feed its plants in Europe, Tata Steel will stick to long-term policy of being an "early stage investor" when it comes to acquiring raw…
Super Copper’s Cordillera project approved by Chile’s National Mining Authority The concessions cover approximately 6,858 hectares in the Atacama copper belt. December 24, 2025 | 11:24 am