Ukraine Iron Ore Mines Reduced Output in 7 months
Interfax-Ukraine declared that most Ukrainian mines reduced iron ore production significantly in January to July however the dip in the industry appears to be slowing. For full story, click here
Articles Tagged "industry"
Mining Industry remains a diamond in the Rough
The laboratory’s fittings and microscopes glisten almost as brilliantly as the diamonds themselves. Under the watchful instruction of expert foreign cutters, locals perfect stone after precious stone. For full story, click here
Mining Industry key growth driver for Volvo Trucks in India
Faced with increased demand in the iron ore mining sector, Volvo Trucks has opened its exclusive dealership in Goa, which has a sizable mining industry in The country. For full story, click here
Steel Ministry for higher duty on Iron Ore
The Steel Ministry declared that it is understood to be pushing for 15 per cent export duty on iron ore, besides a similar percentage of import duty on vital steel items to protect the interests of the domestic steel industry. For full story, click here
India Globalization Capital has inked iron ore export contract
India Globalization Capital Inc, a company competing in the rapidly growing materials and infrastructure industry in India, declared that it has secured a USD 2.6 million contract to supply a Chinese company with iron ore. Mr Ram Mukunda CEO of India Globalization Capital, Inc stated: This order will be filled out of our shipping hub [...]
Iron Market: Heading For A Glut?
By Kishori Krishnan Exclusive To Iron Investing News The alarm bells have started ringing. On the sidelines of a mining conference, Rio Tinto said iron ore prices are certain to fall in 2009, the first decline in seven years, but not by the 50 per cent suggested by some steel makers. On the spot market, [...]
EKATI Mine Exec Joins Advanced Explorations
Advanced Explorations announced this morning that Jim Excell has joined the company as a Special Advisor. Excell lead the construction and operation of the EKATI Diamond mine and has served as chairman of BHP Billiton Diamonds Inc. John Gingerich, president and CEO of AEI is quoted as saying: Having a person like Jim on the [...]
Stimulus plan already been eclipsed by concern
The $787 billion fiscal stimulus plan inched its way through the legislative process and will be ready for presidential sign-off this week but it has already been eclipsed by concern as to what the U.S. government is going to do to recapitalise its banks. For full story, click here
Mining firms expect duty cuts will help reduce losses only in sec
Iron ore industry has welcomed the government’s decision to cut export duty on raw material. For full story, click here
