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East Africa: EALA in Fresh Call for Harmonised Mineral Policies
Bujumbura :: Burundi | 1 month ago
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MP Isabelle Ndahayo [Burundi] tasked the Chairperson of the Council of Ministers, Shem Bagaine, to inform the House, among others, on "the steps so far taken to actualise these important measures with regard to the mining sector." Pursuant to the
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Exclusive: China seeks to lock iron ore importers into trading platform
Shanghai :: China | 1 month ago
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China will refuse to grant new licenses to iron ore importers unless they participate in a domestic trading platform , in a fresh move by the world's biggest iron ore consumer to wrestle pricing power away from global miners. China, which buys around
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Fortescue predicts $140 iron ore price
Shanghai :: China | 1 month ago
Credibility
Metals chief executive Nev Power predicts the iron price will hover between $139 and $140 per tonne in the short term because of low iron ore stocks. Australia's third largest iron ore miner says the commodity will then trade between $120 to $130 a
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Caterpillar dealers report decline in equipment sales
Shanghai :: China | 2 months ago
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When the world economy slows, heavy-equipment manufacturer Caterpillar Inc. feels the pinch. On Friday, the Peoria-based company said first-quarter dealer sales of its machines were down 11 percent worldwide. Analysts expect the company on Monday to
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Construction machinery firms facing a tough year
Shanghai :: China | 2 months ago
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Sales in the industry will see 13 percent growth this year compared with last year, provided the government meets its target of keeping GDP growth at 7.5 percent, said Su Zimeng, secretary-general of the China Construction Machinery Association. Su
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Zentouch, Locate Express join forces to help local businesses find mobile tech solutions
Boise :: ID :: USA | 2 months ago
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Locate Express uses the locating capabilities of smart phones to know when a service person is in the vicinity of a homeowner who needs help. If the service person is available, an instant local connection is made for the service call. ZenTouch
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Oil pipeline in Myanmar mutually beneficial
Beijing :: China | 2 months ago
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A Chinese oil pipeline project in Myanmar can boost the local economy, a Foreign Ministry spokeswoman said on Friday. "The oil pipeline project has undergone scientific study and strict examination and conforms with local regulations and laws,"
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METALS-Copper up on weaker dollar, U.S. housing data
London :: United Kingdom | 2 months ago
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Log in to keep reading. reuters.com Published Tuesday, Apr. 16, 2013 11:42AM EDT Last updated Tuesday, Apr. 16, 2013 11:42AM EDT * Copper rebounds, still 8 pct lower year-to-date * U.S. Copper edged up on Tuesday helped by a weaker dollar and as
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BHP boss slams unfair tax burden on sector
Melbourne :: Australia | 2 months ago
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Mr Nasser said the world's largest miner faced an effective tax rate of 45 per cent in Australia and the local resources sector paid $20 billion in tax and royalty payments last year...And just to make it clear, these taxes and royalties are prior to
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Govt backs energy, mining investment in Africa
Luanda :: Angola | 2 months ago
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Zhong Manying, director general of the Department of West Asian and African Affairs of the Ministry of Commerce, said on Wednesday that during the recent visit to the continent by President Xi Jinping, more than 20 economic and trade cooperation
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