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  • Brazil's CSN Reports Profit Rise of 38%
    News - 5 May 2011
    State run Brazilian steel maker CSN has announced first quarter profits as Net Income rose by 617.5 million Brazilian reais, a bit short of estimates of 677 million reais profits as expected by...
  • Rio Tinto Now Owns 72% of Riversdale Mining
    News - 25 Apr 2011
    Rio Tinto finally managed to get its hands on Riversdale Mining after Brazil’s CSN gave up its stake to them. On Wednesday Companhia Siderurgica Nacional or CSN announced that it had sold its...
  • Anglo American Offloads More Assets
    News - 15 Nov 2010
    Anglo American has made £589 million from the sale of two steel processing plants. This is part of a series of sales that it is initiating to reduce businesses which are not essential to its...
  • Rio Tinto Formalises Bid for Riversdale
    News - 21 Dec 2010
    Rio Tinto has formalised a bid for Australia based Riversdale Mining at what is believed to be pitched around $16 a share. Riversdale, which will make an announcement by December 23, said earlier...
  • Alpha Natural Resources Announces Increase in Profits
    News - 4 May 2011
    U.S. coal producer Alpha Natural Resources has been in the news after it announced the deal to buy Massey Energy in January for $7.1 billion. The company recently announced a large increase in...
  • ArcelorMittal and Indiabulls to Form JV for Coal and Iron Ore
    News - 7 Sep 2010
    ArcelorMittal and Indiabulls will form a joint venture for coal and iron ore mining. Indiabulls Real Estate has power plants while ArcelorMittal is the world’s largest steelmaker. It currently...
  • First Point Minerals Reports Positive Results for Decar Awaruite Concentrates
    News - 23 Apr 2014
    First Point Minerals Corp. ("First Point" or the "Company") is pleased to announce the positive results from an initial market test of awaruite (nickel-iron alloy) concentrates...
  • Fortescue Metals Records Records Jump in Profits
    News - 21 Aug 2011
    Andrew Twiggy Forrest of the Fortescue Metals Group has a lot to smile about. The company has recorded a jump of 76% in profits in the full year net profit this year. The Fortescue Metals Group...
  • Aquila Resources and Vale Granted Coal Mining Lease in Queensland
    News - 21 Aug 2011
    By Joel Scanlon Aquila Resources and Vale SA have been granted a mining lease by the government of Queensland for their Eagle Downs coal mine. The Eagle Downs coal project is located in the Bowen...
  • Riversdale Board Recommends Rio Tinto Takeover
    News - 24 Jan 2011
    Riversdale Mining's board of directors has all recommended the $3.8 billion takeover by Rio Tinto. The coking coal miner's last director to agree to the proposal was Tata Steel’s...

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