May 5, 2011 Strong metals prices boost Vedanta full year earnings 29% India-focused miner Vedanta Resources (VED.L) posted a 29 percent jump in full-year earnings per share, on the back of strong metal prices and a background of robust demand for commodities.…
May 5, 2011 Rio Tinto to weather storm of fragile global economy Rio Tinto , the world's third-largest miner, expects global markets to remain fragile in the near term and sees itself in a strong position to weather any turbulence, its chairman…
May 4, 2011 CSN profits up 38%, misses analyst estimates CSN, Brazil's largest diversified steel group, said on Tuesday that net income jumped 38 percent in the first quarter from a year earlier thanks to robust sales of iron ore…
May 3, 2011 Fortescue chooses Minesight software for its Pilbara iron ore ops After lengthy deliberations involving several software vendors, Fortescue Metals Group, Australia's third largest iron ore producer after BHPBilliton and Rio Tinto, has picked MineSight for its mine planning software needs.…
May 2, 2011 Three Cs Going Crazy in Commodities With silver spiraling out of control, it's worth checking in on some of the other commodities. Indeed the agricultural or soft commodities have, as a group, been surging in recent…
May 2, 2011 Posco finally gets $12bn nod from India In India's biggest foreign investment deal since 1991, the Indian government has on Monday finally given South Korea's Posco the green light to build a giant $12 billion steel plant…
May 1, 2011 BHP Billiton approves Samarco expansion BHP Billiton today announced that the partners of Samarco had approved the US$3.5 billion (BHP Billiton share1 US$1.75 billion) Fourth Pellet Plant Project at Samarco (Brazil). The expansion will increase…
April 30, 2011 Cliffs Natural Resources reports more than five-fold jump in Q1 profits Cliffs Natural Resources Inc (CLF.N:Quote) reported more than a five-fold increase in first-quarter profit as demand and prices for its iron ore and steel-making coal soared.Net earnings were $423 million,…
April 29, 2011 Caterpillar Surprises With Massive Profit Gain Caterpillar (NYSE:CAT) reported Friday a surprising five-fold jump in first quarter profits, reaching an all-time quarterly record as the company benefits from […]
April 29, 2011 Today in Commodities: Tipping Point We feel that some commodity prices are getting overextended and very close to their tipping pint. Far from an ultimate top but […]
Codelco, SQM seal lithium venture in Chile’s Atacama desert NovaAndino Litio, the venture, will control all lithium exploration, production and sales in the Atacama salar until 2060. December 27, 2025 | 09:38 am
