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CEVA wins chrome ore logistics contract in South Africa

Sep. 7, 2010 - It is reported that CEVA Logistics has signed a new contract worth ZAR 14 million per annum with Rui Star Trading a leading mining company focusing particularly on the carbon and iron trade. CEVA will take charge of the ocean export of chrome ore concentrate from ...

Belgian company explores dolomite and limestone in Mahrah

Sep. 7, 2010 - Arabian Limestone and Dolomite Co., a Belgian company, has carried out exploration activities on limestone and dolomite in the areas of Ras Darjah and Ras Shirween in Mahrah province during last year. A report issued by Yemen Geological Survey and Mineral Resources ...

Severstal back to profit in Q2

Sep. 7, 2010 - The Russian steel producer Severstal has announced that in Q2 2010 it registered a net profit of $192 million compared to a net loss of $785 million in Q1 2010, benefiting from increased production volumes, higher sale prices and enhanced operational efficiency ...

Rio Tinto Alcan made coopration with Cameroon government

Sep. 6, 2010 - It is reported that Rio Tinto Alcan (RIO.L) has partnered Cameroon's government in Alucam for an operation scheduled to include a 1 million tonne aluminium smelter at Kribi. Rio has said the project, including a 1,000 megawatt hydroelectric dam to power the smelter...

Orissa govt scouts for new bauxite reserves for Vedanta

Sep. 9, 2010 - The Naveen Patnaik government in Orissa has begun to scout for alternative bauxite reserves for Vedanta Resources' Lanjigarh alumina refinery, after the central government last month denied permission to the Orissa Mining Corporation for mining bauxite at Niyamgiri ...

Murugappa aims $7.7bn growth by 2014

Sep. 8, 2010 - The $3.03 billion turnover industrial conglomerate Murugappa group is mulling organic and inorganic growth to take the group size to $7.7 billion by 2013-14, said a top group official. "We will expand into businesses that are adjunct to our current activities. We ...

AHMSA installs UCAR Refractory System in BF No 6

Sep. 8, 2010 - Altos Hornos de Mexico SA has recently completed the installation of the UCAR Refractory System in their new blast furnace number 6. The number 6 furnace in Monclova in Coahuila in Mexico is actually the first completely new blast furnace to be constructed in North ...

Graphite closes in on $500 mln auto deals

LONDON, Sep. 6, 2010 - British buyout firm Graphite Capital is in exclusive talks on two auto industry deals worth a combined $500 million, potentially selling one business and buying another, people familiar with the situation said. Graphite is in talks to sell British tyre ...

ArcelorMittal to build $6.4 billion steel plant by Dec.

Sep. 8, 2010 - ArcelorMittal, the world's top steelmaker, can start building its $6.4 billion steel plant in Karnataka by December after local authorities compensate displaced farmers, a senior government official said on Wednesday. "First we have to pay the compensation to the ...

NLMK implements steel production upgrades

Sep. 9, 2010 - A second high capacity ladle furnace has commenced production at NLMK's main site in Lipetsk. The 4 million tonnes per year ladle furnace operation will allow a reduction in refining costs, ensure maximum quality improvement and will boost output of new steel ...

Globex Updates Its Timmins Area,Talc-Magnesite Project

Sep. 20, 2010 - GLOBEX MINING ENTERPRISES INC. is pleased to provide shareholders with an update in our magnesite-talc project. Since the last update, we have been working diligently albeit methodically advancing the project through detailed hydrometallurgical tests while stick ...

Globe Specialty Metals Announces Q4 & Full Year Results

Sep. 16, 2010 - Globe Specialty Metals Inc. announces results for the quarter and fiscal year ended June 30, 2010. Key points are as follows: -- Net sales for the fourth quarter ended June 30, 2010 were up 30%, to $146.4 million, and shipments increased 30% to 62,207 MT, from our ...

Celebration for the new prosperous project of vipeak mill production phase

In order to celebrate new project of mill production phase , Vipeak Heavy Industry Machinery Co., Ltd hold a celebration in the new mill factory which is located in huanggong road, Zhengzhou City, China on July 27. It marks a milestone that the mill production phase is found ...

Canada's Empire Mining to mine Albanian chrome area

Sep. 10, 2010 - Canada's Empire Mining will start minining next year what appear to be viable reserves of rich chrome ore at the Bulqiza mine northeast of Albania's capital Tirana, its chief executive officer said on Friday. Empire Mining had examined Albanian government data and ...

OMC not to supply chrome ore and iron ore to new companies

Sep. 20, 2010 - At a time when the demand for iron ore and chrome ore in Orissa is growing significantly due to the rush of investment proposals in the steel and mines sector, the state government owned Orissa Mining Corporation (OMC) has categorically stated that it would not be ...

Morgan Crucible will reopen once shuttered Unicoi County industry

Sep. 19, 2010 - An improving economy has breathed new life into a shuttered Erwin industry, believed only a few months ago to be closed for good. David Messina said England-based Morgan Crucible is reopeniang the former Morgan Insulation facility as Thermal Ceramics. Some former ...

AMCOL Purchases the Remaining Interest in S.A Chromite Mine

Sep. 16, 2010 - AMCOL International Corporation today announced it has exercised its option to purchase the remaining 47% interest in a holding company that owns a chromite mine in the Republic of South Africa from Chrome Corporation for US$12.4 million. AMCOL is required to ...

NEAA suspends green nod to Vedanta bauxite mining project

Sep. 19, 2010 - Vedanta Resources got another jolt on Friday with the National Environment Appellate Authority suspending the green nod to its USD 1.7 billion bauxite mining project in Orissa and asking the environment ministry to "revisit" the proposal. Yesterday, the company, ...

IFGL Refractories corrects on profit booking

Sep. 16, 2010 - IFGL Refractories tumbled 5.55% to Rs 58.70 at 15:19 IST on profit booking after the stock jumped 11.18% in the preceding trading session. Meanwhile, the BSE Sensex was down 102.26 points, or 0.52%, to 19,399.85. On BSE, 1.08 lakh shares were traded in the counter ...

Monocon steels itself for US growth with funding

Sep. 16, 2010 - Yorkshire manufacturing and engineering company Monocon International Refractories is set to make two acquisitions in the US after receiving 6.4m of funding. The Doncaster-based company develops and supplies products to steelmakers around the world. The company ...
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