November 13, 2011 Blanket ban on iron ore export will harm: FIMI The Federation of Indian Mineral Industries (FIMI) has urged the Centre not to impose a blanket ban on the export of iron ore, as it would "affect India's steel industry…
November 12, 2011 Coal India net surges 73% on higher interest income Coal India Ltd (CIL) posted a 73 per cent rise in net profit to Rs 2,593 crore in the July-September quarter compared with the same period last year, riding primarily…
November 12, 2011 Nautilus now has $155 million kitty and all its green permits for undersea mine Nautilus, the first company to explore the ocean floor for polymetallic seafloor massive sulphide deposits, announced on Friday it has completed the quarter with a cash balance of $155.1 million,…
November 11, 2011 Foreign powers eyeing $3 trillion Afghan resource spoils While peace in Afghanistan still looks to be a utopian dream, AFP reports that developing nations like China and India are eager to make resource deals in the troubled country…
November 9, 2011 Western Potash rally runs out of steam despite takeover talk and Milestone milestone Despite a pre-feasibility study packed with good news and an ever-louder drumbeat suggesting an imminent takeout, Western Potash sank 6.67% on Wednesday, a day the broader market managed to keep…
November 9, 2011 India’s BEML exhibits mining offering in China for the first time Homegrown Indian mining equipment manufacturer, Bharat Earth Movers Ltd (BEML) exhibited in China for the first time at the recent 13th China Mining Congress & Expo in Tianjin. BEML was…
November 8, 2011 Vale on iron ore price: after hitting 2-year low, the only way is up Bloomberg reports Rio de Janeiro-based Vale SA, the world’s largest iron-ore producer, said prices for the raw material have stabilized and are recovering from “rock bottom” levels as a result…
November 8, 2011 St. Augustine Gold and Copper to raise $10-$12 million for King-king SPOKANE, WASHINGTON--(Marketwire - Nov. 8, 2011) - St. Augustine Gold and Copper Limited (TSX:SAU) ("St. Augustine" or the "Company") announces a non-brokered private placement offering for gross proceeds of CDN$10,000,000…
November 7, 2011 Hitachi building new mining excavator factory in Japan to open in 2013 According to a November 4 report from Bloomberg, Hitachi Construction Machinery Co (HCME) is to build its third mining equipment factory in Japan as demand for thermal coal rises in…
November 6, 2011 BHP Billiton to begin work on Indonesia coal project BHP Billiton Ltd said Thursday it plans to begin work on the $1.34 billion IndoMet coal project in Indonesia within weeks, a move that would open up a new mining…
Precious metals craze prompts China fund to turn away investors UBS SDIC Fund had become increasingly concerned that investors could be exposed to heavy losses should a record-breaking bull market suddenly turn. December 27, 2025 | 08:00 am