AMG comments on the impact of the current global slowdow

Tue, 06 Jan 2009 02:13:00 GMT
AMG Advanced Metallurgical Group N.V. (AMG, EURONEXT AMSTERDAM: AMG) expects lower than previously forecasted 2008 earnings due to the severe downturn of global economic activity and resulting lowe...
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Peru sees big drop in income from mining companies

Tue, 06 Jan 2009 01:47:00 GMT
LIMA - Peru, a leading global exporter of minerals, expects income taxes paid by mining companies to fall sharply this year because of lower prices, the mines and energy minister said Monday. In 2...
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India Cancelled the Policy of Zero Custom Duty on Ferroalloy

Mon, 05 Jan 2009 02:57:00 GMT
India announced the second economic stimulus package on Jan.2,2009, in which India plants to recollect special custom duty on cement and partial steel products, including ferroalloy.
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Indian Mines Ministry Refers Tata Steel and DeBeers' Diamond Mining Proposals to Andhra Pradesh Gove

Mon, 05 Jan 2009 01:54:00 GMT
Proposals for mineral concessions by private sector Indian steel major Tata Steel and the global diamond exploration company De Beers have been referred to the Andhra Pradesh government for further...
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Mines ministry returns Tata Steel, DeBeers' proposals to AP government news

Sun, 04 Jan 2009 01:51:00 GMT
The centre has returned the proposals for mineral concessions by private sector steel major Tata Steel and global diamond supplier De Beers to the Andhra Pradesh government for further action, data...
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Duty waiver on metals may narrow price gap

Sun, 04 Jan 2009 01:51:00 GMT
INDIA: The fresh stimulus announced by the government today for commodities like steel, cement, zinc and ferro alloys is likely to spur demand to some extent. However, industry leaders feel more ne...
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Centre notifies changes in customs duty

Sun, 04 Jan 2009 01:50:00 GMT
As part of the stimulus package, the government on Friday notified the changes in customs and additional customs duty rates as also the rates for duty drawback. According to an official statement h...
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Norsk inks 50:50 JV with AMG for new technology

Tue, 30 Dec 2008 01:43:00 GMT
Platts reported that Norsk Hydro and AMG Advanced Metallurgical Group of the Netherlands have entered into an agreement to develop new technology for the production of silica and magnesium. As per ...
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Nava Bharat Ventures board approves buy-back plan

Mon, 15 Dec 2008 02:14:00 GMT
Nava Bharat Ventures announced a buy-back plan of its shares from the open market through stock exchanges. The board has approved a buy back at a price not exceeding Rs 170 a share payable in cash ...
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Sandvik sees tough mining market in '09, '10

Wed, 10 Dec 2008 01:45:00 GMT
Specialty steel and tool maker Sandvik said it is braced for tough market conditions in its mining and construction business in the coming years, and said more job cuts were likely. The head of San...
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