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6 Jul 2015 21:19

Iran's mineral exports decline

(Minews) - Mineral exports have declined by up to 50% in recent months in view of lower demand caused by price fluctuations and emergence of new suppliers, said secretary of the Association of Producers and Exporters of Mineral Products, Kamran Vakil.He also blamed low efficiency and shortcomings in ...

Iran
 
6 Jul 2015 21:12

Iran unveils steel national atlas

(Minews) - Iran's first national atlas of steel industries was put on display in Tehran on Sunday.Complied by the Association of Iranian Steel Producers in cooperation with the Ministry of Industry, Mine and Trade, the book was unveiled during a ceremony attended by the deputy minister, Mehdi Karbasian....

Iran unveils steel national atlas
 
6 Jul 2015 20:42

Plan targeted for access to 2m tons of concentrated coal

(Minews) - The executive of Tabas Coal said on the basis of a five-year plan it is expected that production of concentrated coal in Tabas region will amount to 2 million tons from the present 750 thousand tons.Omid Fallah said studies show that 55% of the identified reserves of coal in Iran are located ...

Plan targeted for access to 2m tons of concentrated coal
 
6 Jul 2015 20:38

EU imposes anti-dumping duties on Russian aluminum foil

(Minews) - The European Union will impose anti-dumping duties on imports of Russian aluminum foil after an initial investigation showed the product was sold in the 28-nation EU at below normal market prices, the EU's Official Journal said on Saturday.It said a provisional anti-dumping duty of 12.2 percent ...

EU imposes anti-dumping duties on Russian aluminum foil
 
6 Jul 2015 20:36

Supply of quality copper concentrate shrinks, sows seeds of price support

(Minews) - Supply of high quality copper concentrate shrank more than expected in the first half of this year due to output delays in top miner Chile, squeezing the pipeline for metal producers and likely supporting prices later in 2015, traders said.Production from two of four mines in Chile that churn ...

Supply of quality copper concentrate shrinks, sows seeds of price support
 
6 Jul 2015 07:51

Iran's steel exports expected to reach 4mn tonnes this year

(Minews) - A senior Iranian official says the country has provided suitable grounds for the export of steel to other countries and its steel exports figure is expected to hit 4 million tonnes during the current Iranian calendar year (started March 20, 2015).Speaking to reporters in late Saturday, deputy ...

Iran
 
4 Jul 2015 20:30

Iran steelmakers request import duty hikes, cite cheap China steel

(Minews) - Iranian steelmakers have asked the government to raise import duties for certain steels by up to 40 percent as protectionism in the global steel sector gathers pace amid a flood of cheap sales mostly from top producer China.China steel exports have risen nearly 30 percent this year from record ...

Iran steelmakers request import duty hikes, cite cheap China steel
 
4 Jul 2015 20:28

Benefits of investing in Iran's mining sector

(Minews) - Ranked among 15 major mineral-rich countries for its 7% share of the global mineral resources, Iran is one of the most prominent mineral producers in the world endowed with a diversity of deposits. It includes 68 types of minerals, 37 billion tons of proven reserves and more than 57 billion ...

Benefits of investing in Iran
 
4 Jul 2015 20:25

ESC quarterly steel exports up 400%

(Minews) - Esfahan Steel Company exported 250,000 tons of products during the first quarter of the current Iranian year (started March 21), which indicates a 400% growth compared to the same period last year, Foolad News reported. According to the company manager, Ardeshir Sa'd-Mohammadi, a 20% growth ...

ESC quarterly steel exports up 400%
 
4 Jul 2015 20:22

India c.bank, govt in talks to scrap import curbs on gold-silver alloy

(Minews) - The Reserve Bank of India and the finance ministry are in talks to scrap bulk import licences for a gold-silver alloy used by domestic refiners, months after relaxing curbs on gold imports, officials with direct knowledge of the discussions told Reuters.Gold is India's second-highest import ...

India c.bank, govt in talks to scrap import curbs on gold-silver alloy
 
4 Jul 2015 20:20

China to accommodate giant iron-ore ships in boost to Vale

(Minews) -  China plans to expand ports to accommodate ships over 400,000 tons in a move that would end a threat to the logistics strategy of iron-ore miner Vale SA.The world’s largest buyer of iron ore is allowing the ports of Dalian, Tangshan, Qingdao and Ningbo-Zhoushan to build seven ...

China to accommodate giant iron-ore ships in boost to Vale
 
4 Jul 2015 20:16

Glencore executives visit Iran for oil talks

(Minews) - Senior executives from Glencore have met Iranian officials in Tehran ahead of a possible deal on its nuclear program, in the first sign that commodity trading houses are positioning to help the OPEC member return to the international oil market.Glencore’s visit follows discussions between ...

Glencore executives visit Iran for oil talks
 
3 Jul 2015 12:23

World Coal Association welcomes China's continued commitment to low emissions coal technology

(Minews) - The World Coal Association has welcomed today’s announcement by China of its Intended Nationally Determined Contribution (INDC) in preparation for the COP21 climate negotiations in Paris later this year.“China has put low emissions coal technology at the centre of its commitment ...

World Coal Association welcomes China
 
3 Jul 2015 12:05

Chile gives copper giant Codelco much-needed $225 million cash injection

(Minews) - Chile-owned Codelco, the world’s top copper producer, has been promised $225 million by the government to help the company fund its ambitious $25 billion investment plan aimed at expanding its aging operations and build new ones to keep production rising.The cash injection, said the ...

Chile gives copper giant Codelco much-needed $225 million cash injection
 
3 Jul 2015 11:57

Iranian cement producers call for 17% price hike

(Minews) - Cement producers have called on the Ministry of Industries, Mining and Trade to increase cement prices by 17%, arguing that the move would not lead to a surge in construction costs.Secretary of the Cement Industry Employers Association, Abdolreza Sheikhan announced the news, adding that the ...

Iranian cement producers call for 17% price hike
 
3 Jul 2015 11:54

BMI forecasts growth in Iran’s steel sector

(Minews) - Iran's steel sector is expected to grow over the next few years, as the government targets self-sufficiency in its metals sector. The country is the largest steel producer in the Middle East and its Comprehensive Steel Plan, announced in 2013, plans to raise steelmaking capacity from 20 million ...

BMI forecasts growth in Iran’s steel sector
 
3 Jul 2015 11:51

Rio Tinto CEO fires back at talk of overproduction

(Minews) - The war of words between mining executives over the ill-fated iron-ore market took another twist Wednesday when Rio Tinto PLC Chief Executive Sam Walsh lashed out against critics who have attacked his company and others for overproducing the steelmaking ingredient.Mr. Walsh, as he has in ...

Rio Tinto CEO fires back at talk of overproduction
 
3 Jul 2015 11:48

Iran repatriates 13 tons of frozen gold

(Minews) - Iran has secured the release of 13 metric tons of its gold assets blocked in South Africa under US-led sanctions, central bank Governor Valiollah Seif has said. The repatriation came thanks to the Iranian negotiating team’s follow-up of the matter in the ongoing nuclear talks in Vienna,...

Iran repatriates 13 tons of frozen gold
 
1 Jul 2015 20:20

Thousands of children rescued from dangerous work in Tanzania gold mines

(Minews) - More than 12,000 children have been rescued in the past three years from gold mines in northern Tanzania, according to children's rights groups who fear thousands more youngsters are being forced to work in hazardous conditions for a pittance.Plan International said the children from Geita ...

Thousands of children rescued from dangerous work in Tanzania gold mines
 
30 Jun 2015 22:35

Iran top ME mineral producer sans fuels

(Minews) - According to the latest report Iran is the best miner in the Middle East regardless of fuel mining.In a recently published report on the world mining status, the World Mining Data 2015, Iran has garnered rank 8th in the world in terms of minerals production value while Saudi Arabia standing ...

Iran top ME mineral producer sans fuels