Current Job News

LME aluminium to peak around USD 2129 per tonne - SteelGuru


LME aluminium to peak around USD 2129 per tonne
SteelGuru
Reuters reported that LME aluminium is expected to peak around resistance at USD 2,129, as a wave C from the May 21 low of USD 1,754.75 seems to be ending. The resistance is at the 161.8% Fibonacci projection level of wave C, which consists of five ...

Nalco aims to procure INR 300 crore worth goods from MSEs - SteelGuru


Nalco aims to procure INR 300 crore worth goods from MSEs
SteelGuru
Business Standard reported that the public sector National Aluminium Company targets to procure goods and services worth INR 300 crore from the micro and small enterprises in 2014 to 2015. A company official said that the total value of goods and ...

Indian copper rises by 0.3pct on global cues - SteelGuru


Indian copper rises by 0.3pct on global cues
SteelGuru
Press Trust of India reported that Indian copper prices moved up by 0.26% to INR 428.50 per kilogram in futures trade as speculators created fresh positions in tandem with a firming global trend. At the Multi Commodity Exchange, copper for delivery in ...

and more »

Shanghai copper to approach CNY 50250 per tonne - SteelGuru


Shanghai copper to approach CNY 50250 per tonne
SteelGuru
Reuters reported that Shanghai copper may approach resistance at CNY 50,250 per tonne again as its rebound from the August 29 low of CNY 49,480 seems to have extended. The rebound consists of three waves, with the third wave labelled c travelling ...

Gold falls to near 1 week low on dollar strength - SteelGuru


Gold falls to near 1 week low on dollar strength
SteelGuru
Reuters reported that gold fell to its lowest level in nearly a week as a stronger dollar outweighed any safe haven demand from lower equities and heightened tensions over Ukraine. Palladium hovered near a 13-1/2 year high on fears that possible ...

and more »

Newmont to resume copper exports this week - Indonesia govt official - SteelGuru


Newmont to resume copper exports this week - Indonesia govt official
SteelGuru
Reuters reported that Newmont Mining Corporation will resume copper concentrate exports this week one week after withdrawing its international arbitration filing against the government. An Indonesian mining ministry official said that US based Newmont ...

and more »

ICVL initiates recruitment for Mozambique operations - SteelGuru


ICVL initiates recruitment for Mozambique operations
SteelGuru
International Coal Ventures Limited, a JV of state owned PSUs, has invited applications from Indian nationals for seven positions in Mozambique. This follows the acquisition of Rio Tinto's coal mines in the African country last month. ICVL is planning ...

and more »

PMO seeks explanation on impact of coal e-auction cut - Mr Goyal - SteelGuru


PMO seeks explanation on impact of coal e-auction cut - Mr Goyal
SteelGuru
Mr Piyush Goyal, Coal minister decision to halve the quantity of coal that Coal India sells through e-auction is in a bind as PM Mr Narendra Modi's office wants the ministry to first assess the revenue loss and redistribution dilemma it would bring to ...

and more »

Freeport halts Candelaria mine sale negotiation over Chilean tax uncertainty - SteelGuru


Freeport halts Candelaria mine sale negotiation over Chilean tax uncertainty
SteelGuru
Freeport McMoRan Copper & Gold has halted negotiations with Canada's Lundin Mining over the proposed sale of its Candelaria copper mine in Chile for more than USD 2 billion after the country made changes to its tax regime. The company has also ...

UC Rusal swings to Q1 profit - SteelGuru


UC Rusal swings to Q1 profit
SteelGuru
UC Rusal the company returned to Q1 profit for the past five quarter due to the rebound of aluminum prices. Rusal is expected to produce 1.8 million tonnes of copper in the second half of this year. The company said that with the driving of automotive ...

Get Jobs by Email

Be the first to get job alerts