Middle East
Middle East
Gekko Systems lab gains accreditation
The Gekko Systems Assay Laboratory in Ballarat, Victoria, has received National Association of Testing Authorities (NATA) accreditation in the field of Chemical Testing. 11302015 Gekko LabNATA is one of the largest comprehensive laboratory accreditation bodies in the world and...
Middle East
Even iron ore lump prices are being crushed
The price of iron ore fell to within shouting distance of all-time lows on Thursday with even high-quality lump producers caught up in the bearishness. On Thursday the benchmark 62% Fe import price including freight and insurance at the...
Middle East
These two record-breaking diamonds were bought for $77 million, by the same person
These two record-breaking diamonds were bought for $77 million, by the same person, The Blue Moon, sold for $48.5 million, is now known as "The Blue Moon of Josephine.” Hong Kong billionaire Joseph Lau forked out $77 million at two...
Middle East
Molycorp restructure plan includes asset sales
Molycorp (OTC:MCPIQ), the beleaguered rare earths producer that was forced into bankruptcy in June, has announced a plan to restructure that may include the sale of its Mountain Pass mine in California. The plan filed with a U.S. bankruptcy...
Middle East
World coal consumption to drop up to 4% further by year-end
World coal consumption to drop up to 4% further by year-endIEEFA's report suggests consumption of coal for power is likely to have peaked in 2013 and is set to decline by between 2% and 4% in 2015. After peaking...
Middle East
Caterpillar: Supercycle China isn’t coming back
With revenues of $50 billion a year and operations at the ends of the earth, few companies are in a better position to take the pulse of the global economy and the resource sector in particular than Caterpillar. The...
Middle East
Copper price hits fresh six year low as Paris attacks continue to weigh in
Copper price hits fresh six year low as Paris attacks continue to weigh inSince May, the metal has lost around 25% of its value, due to the increasing strength of the US dollar and weaning demand in China. Copper...
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