Petra expecting boost output to over 1mln carats a year by 2010

Thursday , 03 Jul 2008
Petra Diamonds is expecting to increase diamond production five-fold to over a million carats a year by 2010.

BHP expected to request Japanese anti-trust approval

Thursday , 03 Jul 2008
BHP Billiton is expected to seek approval for its Rio Tinto bid from Japanese anti-trust authorities soon. However, with few BHP or Rio assets in Japan, the watchdog has little power to take any action.

Ezz Steel's net profit jumps 56% in Q1

Thursday , 03 Jul 2008
Ezz Steel, the largest steel firm in Egypt by sales, has reported a 56% jump in net profits for the first quarter due to higher global steel prices.

Steelmakers securing raw materials for the future

Wednesday , 02 Jul 2008
Steelmakers are securing raw materials for the future by acquiring mines and mining companies in order to achieve self-sufficiency.

Global stainless steel Q1 output falls 6.5 %

Wednesday , 02 Jul 2008
The International Stainless Steel Forum says global stainless steel production for the first quarter fell 6.5% when compared to the same period last year.

EU investigates long-term impact of BHP’s bid for Rio

Wednesday , 02 Jul 2008
The European Commission is investigating the possible effects of a takeover by BHP Billiton of Rio Tinto, ahead into 2015.