News - 27 Aug 2003
Australian-based WMC Resources have signed a AUD$1 billion nickel supply deal with China’s Jinchuan Group Ltd. The agreement strengthens their 15 year relationship and WMC’s position in...
News - 25 Jun 2003
Kobe Steel announced today that their Mesabi Nugget ITmk3 demonstration plant has begun continuous production of iron nuggets.
The plant located in Minnesota, USA, underwent its first trial run on...
News - 14 Apr 2003
In the ongoing battle to acquire the assets of bankrupt National Steel, US Steel have upped their bid by $25 million to $775 million. Their bid is still short of AK Steel’s offer of $925...
News - 3 Feb 2003
National Steel have announced that they have signed an agreement to sell all of their steel making and finishing assets to AK Steel for $1.125 billion. This sale price includes $925 million in cash...
News - 17 Sep 2002
Golden Star Resources have just completed their acquisition of a 90% beneficial interest in the Wassa gold mine in Ghana.
Golden Star have already sent their people over to Ghana to test existing...
News - 18 Jul 2002
An agreement has been reached by the Boards of Corus Group and Brazilian steel producer CSN, for the merger of the two companies. The merged company will combine the strengths of one of Europe’s...
News - 29 May 2002
Metals can help in achieving globally sustainable development, two leading Australian researchers claimed today.
Metals are not biodegradable, have a virtually unlimited lifespan, and can be...
News - 29 Apr 2002
Nucor are looking to establish a commercial scale iron ore processing plant at Kwinana, Western Australia. Other joint venture partners in the project include Rio Tinto Group (60%), Mitsubishi Corp...
News - 28 Mar 2002
It was announced today that Nissho Iwai would acquire the petroleum and carbon products as well the coal and iron ore branches of Nichimen Corporation.
The acquisitions are part of a medium term...
News - 15 Mar 2002
It was announced today that Pasminco today announced it had entered into an agreement to sell its mining operations and tenements at Broken Hill to Perilya Limited for A$90 million. The deal sees A$35...