General Steel Holdings, Inc., one of China’s leading non- state owned steel products producers today announced that the Company will attend the 13th Annual JPMorgan Asia Pacific and Emerging Markets Equity Conference at the New York Marriott Marquis in New York City. Ross Warner, Director of IR, is scheduled to present at 11:00 a.m. Eastern Time (ET) on Wednesday, September 3, 2008. Participation...
Entree Gold Inc. announces a new coal discovery on its 100% owned Togoot license, which forms the western portion of its Lookout Hill Property in Mongolia. Exploration in 2008 is focused on a number of geological targets on the Togoot license including the new coal discovery, Nomkhon Bohr. Entree is evaluating a coal target known as Nomkhon Bohr, located in the northwest corner of the license, approximately...
Trade Winds Ventures Inc. announce the commencement of the 2008 exploration program on the Tuole Gold project, Xinyuan County, Xinjiang Uygur Autonomous Region, P. R. China. Xinjiang Entercor Mining Corp. (“Xinjiang Entercor”), a Joint-Venture Company between Western China Mining Corp. (80%), a Trade Winds subsidiary, and Xinjiang Dadi Mining Technology & Development Corp. (20%) is...
China Fire & Security Group, Inc., a leading industrial fire protection product and solution provider in China, announced today that the Company has signed a new total solution contract with Xinyu Iron and Steel Co., Ltd. (“Xinyu Iron and Steel”), valued at approximately $4.7 million. Xinyu Iron and Steel, headquartered in Xinyu City, Jiangxi Province, is the 23rd largest iron and...
China is finding it harder than expected to clear out iron ore stocks that are overwhelming its ports, a senior official said on Wednesday, as stocks creep up past 80 million tonnes. Severe congestion at northern Chinese ports is contributing to a rise in freight rates, which hit all-time highs last week. That in turn has weakened Chinese steel mills’ bargaining position as they try to limit...
A group of Chinese importers have agreed to temporarily boycott iron ore from India to protest a near 10-percent price hike from March 1, Chinese state media said Wednesday. More than 100 domestic importers gathered in an urgent meeting on Tuesday and reached consensus to reject new offers with too high prices, the China Business News reported. A newly-imposed export tariff of 300 rupees (6.8 dollars)...
Shares of mining equipment makers rose Monday after a leading manufacturer of above-ground equipment bought a German company for $731 million and another turned in results that easily beat Wall Street expectations. Bucyrus International Inc.’s shares jumped $5.75, or 13.5 percent, to close at $48.48 on the Nasdaq, one day after the South Milwaukee-based company announced it would acquire DBT...
The Chinese company Bosai Minerals Group Co., Ltd is the preferred bidder for the Omai Bauxite Mining Company Limited (OBMI) at Linden, according to sources. Bosai, a privately-owned Group has interests covering industrial minerals manufacturing and international trading. Its main products are metal-grade Alumina, Brown Fused Alumina, Calcined Bauxite, Coke and Ferro-Alloys, according to its website. At...
The Chinese company Bosai Minerals Group Co., Ltd is the preferred bidder for the Omai Bauxite Mining Company Limited (OBMI) at Linden, according to sources. Bosai, a privately-owned Group has interests covering industrial minerals manufacturing and international trading. Its main products are metal-grade Alumina, Brown Fused Alumina, Calcined Bauxite, Coke and Ferro-Alloys, according to its website. At...
New York Global Group (NYGG), a global investment banking and strategic consulting firm with almost a decade of experience in bridging the cultural and regulatory gaps between the U.S. and Chinese capital markets, today announced that NYGG President Benjamin Wey was named a Distinguished Visiting Professor by the China University of Petroleum, Beijing. Mr. Wey commented, “It is a great pleasure...