Asia Pacific
Aboriginal businesses win contracts with Fortescue
Fortescue Metals Group (Fortescue) has awarded contracts valued at over A$6 million to two West Australian Aboriginal businesses, as part of the Companyโs pioneering Billion Opportunities program. Fortescue Chief Financial Officer Ian Wells said the contracts signified the Companyโs...
Asia Pacific
ALROSA to auction large diamonds in Hong Kong and Vladivostok in June
ALROSA, the worldโs largest diamond mining company, will hold the auctions for the sale of special size rough diamonds (weighing over 10.8 carats) in Hong Kong and Vladivostok this June. The auction in Hong Kong will take place on...
Asia Pacific
Congo seeks to soothe miners while holding course on changes
The Democratic Republic of Congo tried to strike a more conciliatory tone Wednesday after a week of increasingly heated exchanges between Africaโs top copper producer and some of its largest foreign investors. Mining companies are furiously lobbying the government...
Asia Pacific
Zijin helps Xiamen in its new chapter of International Gold Industry
The signing ceremony of Cross-strait Gold and Jewelry Industrial Park project was held in Xiamen recently. As one of the leading companies of this project, Zijin Mining, together with Jinzhou Cihang Group, and Xiamen Haicang Investment Group, will carry...
Asia Pacific
Tata Motors becomes the first OEM in India to deploy Electronic Stability Control (ESC) for Medium and Heavy Commercial Vehicles
Tata Motors Limited, a leading Global Automobile Manufacturer showcased the new safety technology โ Electronic Stability Control (ESCsmartโข) for the range of PRIMA and SIGNA trucks at an event in Chennai today. In addition to this, it also offers...
Asia Pacific
Rio Tintoโs US$338 million Silvergrass iron ore mine officially open
Rio Tinto officially opened its Silvergrass iron ore mine in Western Australia.The US$338 million project is the 16th mine at Rio Tintoโs world-class iron ore operations and will produce low-phosphorous ore crucial to maintaining Rio Tintoโs premium Pilbara Blend...
Asia Pacific
Dubaiโs hardware and tools trade valued at AED5.07 billion in 2016 โ Dubai Customs
Dubaiโs hardware and tools trade was valued at AED5.07 billion in 2016, with the USA, China, Italy, Germany, and India, the Emirateโs top five trading partner countries of construction-related equipment and machinery for the year. According to figures released...
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