BHP Billiton Purchase Iron Ore Junior United Minerals, $220 million

BHP Billiton is believed to be in talks to buy iron ore junior United Minerals for about $220 million.
In a [...]

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Centennial Coal accepts $2.4bn takeover offer from Thailand’s Banpu

Centennial Coal has accepted a cash offer with a 40 per cent premium from Thailand’s Banpu, valuing the NSW coal [...]

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Jiangxi Copper Hopeful Of Reaching Output Target

Bloomberg reported that Jiangxi Copper Company is hopeful of reaching this year’s output target after availability of scrap improved.
Mr Gan [...]

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Coal Mine Producer Walter Energy Starts Coal Production

Walter Energy starts producing coal that’s part of $175M expansion
Coal producer Walter Energy said Tuesday it has started production at [...]

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India Steel Industry : Tata Steel Turns To Loss On Lower Prices

The country’s biggest producer, Tata Steel Ltd, turned to a bigger than expected second quarter loss because of lower prices [...]

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