Canadian Arrow Mines, Ltd. is pleased to provide an update on the metallurgical test-work program underway on ores from the Kenbridge Nickel Project in Northwestern Ontario. Xstrata Process Support (XPS) of Sudbury, Ontario recently completed a series of variability tests as part of the Phase 1 program to verify and optimize the flotation circuit for […]
East Delta Resources Corp. announced today that its majority owned subsidiary, Sino-Canadian Metals Inc. has completed construction of a metals processing plant that produces a nickel-copper aggregate from ore supplied by local mines.
The facility, owned by Sino-Canadian through its Joint Venture in China, is located in Qinghai Province and has been in development for over […]
Mechel, a leading Russian mining and metals company, said on Thursday it had acquired 95.69% of shares in the UK-based Oriel Resources Plc, which owns assets in Russia and Kazakhstan.
Mechel made a $1.498 billion purchase offer to Oriel, a London-based chrome and nickel mining and processing company valued at around $1.2 billion, in late March. […]
The deposit, in the Republic of Buryatia in Russia, makes up one section of the larger Okino-Klyuchevsky coal field, which has 200 million tonnes of reserves and is about 120 km (75 miles) - MOSCOW, April 16 - Russian electricity producer OGK-3 has won a tender to develop a coal field with reserves of 33.8 […]
Competition in the carbon and graphite products market is intense, particularly with regard to price, quality and service. Producers of graphite have regained their pricing power on account of global consolidation by numerous graphite electrode producers. Carbon products find application in areas including steel and aluminum production, glass making, aerospace industry, nuclear power, and electronics […]
Shares in Ferrexpo rose sharply Thursday after the Ukraine-based miner said it had secured 90% year-on-year average price rises for more than half of its expected 2008 iron ore pellet sales.
Analysts had been predicting an 87% rise. The new prices apply from 1 April 2008 to 31 March 2009.
“These settlements are in line with the […]
Beijing is poised to take greater control of China’s push to secure Australian iron ore assets, amid speculation that Chinese entities are considering a $22 billion-plus share raid on BHP. China’s top planning agency says its state-owned enterprises needed greater “macro-guidance” to reduce risks and competition, given the spiralling value of iron ore assets, The […]
A recent surge in steel prices continued Wednesday with ArcelorMittal saying it will increase prices by $250 a ton on some steel shipments — a move that will benefit steel companies such as U.S. Steel Corp., analysts said.
Strong global demand has increased prices for hot-rolled coiled steel from $529 a ton in October to $845 […]
The world’s third largest miner Rio Tinto Wednesday said iron ore sales were at a record level in the first quarter despite lower production from Western Australia.
The miner also said aluminium output had reached an all-time high in the three months to March 2008, reflecting the first full quarter contribution from Canada’s Alcan Inc which […]
Japanese gas utilities want to provide Indonesia with technology that would allow it to produce gas from coal, in exchange for a stable supply of liquefied natural gas to Japan, a senior industry official said Thursday.
“Coal-to-gas technology has been there for a decade or so,” said Kunihiro Mori, managing director of the Japan Gas Association. […]