The recent economic slowdown in China, the world's largest steel producer, have seen prices for iron ore hit two and a half year lows. Prices for the commodity are approximately $50 - $60 per ton cheaper when compared to the same period last year. "Iron ore prices could go into free-fall until end-user demand for steel picks up in the autumn," said Rafael Halpin, China analyst with the UK consultancy MEPS. The Paragon [...]
Iron ore producers have struggled as a slowdown in the Chinese economy was expected to dampen demand for the commodity. Iron ore prices are set to rebound from six-month lows as China has recently approved approximately $23 billion in steel projects. The China Iron and Steel Association on May 29 stated that steel production in China could reach 700 million tons in 2012. The Paragon Report examines investing opportunities [...]
Iron ore producers have been preparing for a downturn in Chinese demand this year as a result of growing concerns of China's slowdown in economic growth. Iron ore prices dropped to multi-month lows Monday as Chinese consumers deferred or have defaulted on coal and iron ore shipments. The Paragon Report examines investing opportunities in Iron Ore Industry and provides equity research on BHP Billiton and Labrador Iron [...]
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HOUSTON, Aug. 17, 2011 /PRNewswire/ -- BHP Billiton
and Petrohawk Energy Corporation ('Petrohawk') announced today that on 17 August 2011, BHP Billiton and Petrohawk received notice from the Committee on Foreign Investment in the U.S. ('CFIUS') that CFIUS has concluded that there are no national security issues of concern in relation to the transactions contemplated by the merger agreement between BHP Billiton and [...]
Perth, Australia (ABN Newswire) - Coalspur Mines Limited (ASX:CPL) (TSE:CPT) is is pleased to announce that it has further strengthened its management team with the appointment of Mr Wayne Drier who will join the Company as Vice President, Commercial.
Sydney, Australia (ABN Newswire) - Last week in Broken Hill, an Australian mining town for the last 128 years, a band of dedicated miners and explorers got together for the inaugural Resources and Energy Symposium, a conference and seminar showcasing Australia's mining talent, new and old. As the demand for commodities ramps up, new mines and exploration projects are presented for a wide range of commodities including [...]
09:07 AEST Jan 18, 2011 ABN Newswire (C) 2004-2011 Asia Business News PL. All Rights Reserved. Sydney, Australia (ABN Newswire) - Iron ore exploration company, Dynasty Metals Australia Ltd. (ASX: DMA) (Dynasty), advises that Lewis Tay has ceased ...
13:30 AEST Sept 24, 2010 ABN Newswire (C) 2004-2010 Asia Business News PL. All Rights Reserved. Sydney, Australia (ABN Newswire) - YTC Resources Limited's (ASX: YTC) drill hole NMD001, the first of six planned diamond drill holes beneath the ...
13:15 AEST Sept 14, 2010 ABN Newswire (C) 2004-2010 Asia Business News PL. All Rights Reserved. Wellington, New Zealand (ABN Newswire) - Pike River Coal Limited (NZE: PRC) (PINK: PKRRF) is pleased to announce the appointment of Peter W Whittall as ...
Sydney, Australia (ABN Newswire) - The Australian shares opened firmer this morning after Wall Street rose on speculation that the Federal Reserve would provide more stimulus to the US economy. Mining sector delivered a strong gain in early trade, as BHP Billiton posted a report of record annual production.
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