URS together with NRG Energy have signed a definitive agreement for the sale of German mining and power business, MIBRAG, to a joint venture comprised of CEZ and J&T Finance Group. CEZ is the largest electricity producer in the Czech Republic and holds a leading position in the Central European electricity market. J&T, which also […]

Fortescue Metals, an Australian mining company with a focus on iron ore, has signed a co-operation agreement with one of China’s leading steel mills, Hunan Valin Iron and Steel Group, to increase iron ore sales to Valin and to research new technologies to process lower grade iron ores. Fortescue and Valin have agreed to establish […]

Zinc inventories increased significantly in the first two months of 2009. LME zinc inventory increased from 253,475 t to 351,800 t as of February 24. During the same period Shanghai Warehouse inventories have remained relatively static at about 63,000 t. Selwyn Resources, the mining company who compiled these statistics, says it is evident that zinc […]

Alex Stewart, the international inspection, analysis and assaying group, has announced its full rebrand to Stewart Group. This change, according to the company, marks a major point in its strategic direction, and is a key indicator of the company’s objectives. The core activities of Alex Stewart include the inspection and analysis of metals, minerals, ores, […]

IMC Group Consulting (IMC) has acquired 51% of SRG Services and Consultancy Private Ltd (SRG). This is a growing geological, mining and environmental consultancy based in Kolkata, India. SRG is especially known for its capabilities in geological modelling, mine planning and resource valuation, and has established itself as a premier, independent, mining consulting organisation in India. […]

ABB, a power and automation technology group with a focus on mining, has signed a contract worth $62 million with Vale International Switzerland, a subsidiary of the multinational mining company, Vale, for the Oman Industrial Complex project. The contract, which came into force in the middle of January 2009, comprises the delivery of the complete […]