July 3, 2011 CIS originated pig iron to Europe stable It is reported that pig iron shipped from Commonwealth of the Independent States maintained stable in European market last week. Yet, rumors spreading through the market players warn that the…
July 3, 2011 Rescuers rush to reach 42 trapped in Chinese mines A buildup of volatile gas hampered rescue efforts in one Chinese coal mine and water continued to pour into another as emergency crews raced to reach 42 people trapped yesterday…
July 3, 2011 China gold reserves too small, adviser says Widely respected economist in China, Li Yining of Peking University, has joined a chorus of advisers urging the Chinese government to increase the country’s gold reserves as a hedge against…
July 3, 2011 Right time to enter gold market: Hunter Wise Commodities Lower Gold prices on account of easing of European sovereign debt problems and consequent decrease in precious metals demand provides the right opportunity for investors to enter the precious metals market,…
July 3, 2011 Nippon Steel not in race for Sundance iron ore project – Report Reuters quoted a company source with direct knowledge of the matter said Nippon Steel Corp, the world No 4 steelmaker is not in talks with Australia Sundance Resources on its…
July 3, 2011 Huaye Real Estate forms mining subsidiary It is reported that Beijing Huaye Real Estate will establish a wholly-owned subsidiary, Huaxingye Mining Investment with registered capital of CNY 20 million. As per report, the subsidiary will specialize…
July 3, 2011 China top power firms keep racking up loss on thermal power – CEC Reuters quoted the China Electricity Council said China top five major state-owned power generating groups continued to rack up losses on their thermal power business in May despite the government…
July 3, 2011 Long path to Oakajee deal The proposed Oakajee project port facility site near Geraldton, WA. Source: The Australian VETERAN businessman Ken Court would love to be back at the centre of the decades-long dream to…
July 3, 2011 China Metal Acquisition Binge Led by Australian Rhodes Scholar Andrew Michelmore, the Rhodes Scholar who plotted China’s biggest metals takeover bid, said Beijing isn’t calling the shots when it comes to buying commodities for the world’s fastest-growing major economy.
July 3, 2011 Central banks in emerging markets increase gold reserves on growing economic concerns The total gold reserves of central banks worldwide fell by 9.6 per cent between 2000 and 2008 but has subsequently increased by 2.2 per cent from 29,870 tonnes in 2008…
Iron ore price nears best close since November on year-end metal rally The steelmaking ingredient advanced for a third straight session in Singapore, climbing nearly 1.8% to as much as $106.55 a ton in intraday trading. December 29, 2025 | 07:51 am
