(Minews) - Resources companies have scooped the pools as WA’s most attractive employers at the annual Randstad Award in Perth this morning.Rio Tinto has been voted WA’s most attractive employer with Woodside Petroleum claiming second prize and Newcrest Mining third.A survey of 1215 WA workers ...
Industrial, mining sectors need $59b to survive
(Minews) - Deputy minister of industry, mine and trade, Mohsen Salehinia, says the industry and mining sectors need 1,700 trillion rials (more than $59.5 billion based on official currency exchange rate) this year to stay afloat.In the last Iranian calendar year (ended March 20), the sectors’ ...
BHP chief says inquiry into Aussie iron ore market a ‘ridiculous waste’
(Minews) - BHP Billiton chief executive Andrew Mackenzie has slammed a proposed parliamentary probe into Australia’s iron ore market, dubbing the idea as a “ridiculous waste of money” that would damage the country’s economy and shift investment to other parts of the world.“This ...
Global gold, copper, iron ore output down in Q1
(Minews) - Global output for three of the most important mined metals, gold, copper and iron ore, fell significantly in the first three month of the year, compared to the previous quarter, a fresh report published Tuesday shows.Production results published to date, however, suggest that gold and iron ...
Plan to boost barite extraction in Mehdiabad
(Minews) - Mehdiabad Zinc and Lead Complex plans to increase its annual extraction capacity of barite to 400,000 metric tons by the end of the current Iranian calendar year (March 20, 2016), Eghtesad-News reported. According to the manager of the complex, Amin Safari, the figure is set to reach 500,...
Saudi Basic Industries making more steel as low oil helps growth
(Minews) - Saudi Basic Industries Corp., the world’s second-biggest petrochemicals manufacturer by market capitalization, expects to boost steel production with lower oil prices stimulating demand.Steel output at the Riyadh-based company known as Sabic will be 6.2 million metric tons this year ...
Iran's mineral reserves to grow 50%
(Minews) - The ministry of industry, mine, and trade has predicted a growth of between 40% and 50% in mineral reserves in terms of both volume and value, Mehr News Agency reported on Sunday.The prediction is based on the vast exploration operations which started last year. Until recently, only 7% of ...
Inquiry threat into Australian iron ore industry
(Minews) - The huge iron ore industry in Australia faces the threat of a parliamentary inquiry amid claims the world's biggest miners, including BHP Billiton and Rio Tinto, are flooding the market to wipe out smaller competitors.The steel-making commodity is the nation's largest export with Australia ...
Rio Tinto to sell aluminum assets in $1 billion deal
(Minews) - Global miner Rio Tinto plans to sell some of its aluminum assets in a potential $1 billion deal, the Financial Times reported, reviving a sale plan for its Pacific Aluminium unit two years after it was canceled.The Financial Times, citing "people aware of Rio's plans", said on Sunday ...
Smuggling of Iranian cement angers APCMA
(Minews) - The All Pakistan Cement Manufacturers Association (APCMA) demanded placing Iranian cement in negative list or dumping law should be invoked against it to help the local industry regain its share.“The smuggling of cement from Iran in Balochistan is resulting in substantial losses to ...
NASA scientist says space mining needs oversight
(Minews) - While prospecting and mining on the moon or on asteroids is probably a couple of decades away from becoming reality, according to a NASA scientist speaking at a symposium on planetary and terrestrial mining, oversight will be needed by a body much like the United Nations.The event was a part ...
Aluminum leaves commodities party early
(Minews) - Unloved through much of the commodities boom in the first decade of the 2000s, mainly because of the high supply coming from China, aluminum had been performing strongly this year, along with other metals such as copper, zinc and lead.But since hitting a five-month high on May 5 of $1,978 ...
(Minews) - The recent decline in gold production has reduced the export level of the precious metal, according to the head of Gold and Jewelry Producers and Exporters Union. “The gold export market is not very lucrative now thanks to fluctuations of gold prices and a recent reduction in its production,...
Iran's iron ore exports down 66%
(Minews) - Domestic steel manufacturers have been struggling with the double whammy of reduced global iron ore prices and lower demand in the market, ISNA reported on Saturday.According to data released by Iran Custom Administration, iron ore exports declined more than 66% in volume to 466,000 metric ...
South Africa imposes anti-dumping duty on Pak cement exports
(Minews) - The International Trade Administration Commission (ITAC) of South Africa has imposed anti-dumping duty on cement imports from Pakistan ranging 14.2% to 77.15%.Industry sources said cement makers in South Africa filed an allegation of dumping against cement imports from Pakistan. On Aug 22,...
Global gold demand falls 1% in first quarter
(Minews) - Global demand for gold fell 1% in the first three months of this year, as tepid buying in key markets took some of the shine off the metal, the World Gold Council said Thursday.Demand totaled 1,079 metric tons in the first quarter, compared to 1,090 tons in the first three months of 2014,...
Foreigners fund largest Iran zinc project
(Minews) - Iran will soon get the first tranche of a $1 billion foreign investment line for a major zinc production plan in the central Yazd province.Under an agreement with Omani and Australian sides, $20 million will be released for the development of the Mehdi Abad mine, Iranian Mines and Mining ...
Hormuzgan Steel's slab production increased by 10 percent
(Minews) - Slab production in Hormuzgan Steel Company increased by 10 percent last year in comparison with the preceding year.According to the report of Hormuzgan Steel public relations office on Wednesday, the company could produce 1,172,334 tons slab in the year 1393 ( 2014) and increased its production ...
Brazil’s Vale to offer new iron ore fines this month
(Minews) - Vale, the world’s largest iron ore exporter, will offer a new product — Brazilian Blend fines — to its contract customers by this month, a company official said Thursday, May 14.Brazilian Blend fines, or BRBF, which will have typical iron content of 63.1%, will be a blended ...
Iran to host biggest international mining conference
(Minews) - Iran's deputy minister of industries, mines and trade said the country will host the biggest international conference on mines and mineral industries on May 31-June 1.Speaking to Iranian and foreign reporters, Mehdi Karbasian said that 284 domestic companies will also be present in ...
