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EFG Hermes concludes advisory on ORE’s $195.78m loanEFG Hermes’ investment banking division has successfully completed advisory for Orascom Development Egypt’s (ODE) subsidiary Orascom for Real Estate (ORE) for a syndicated ten-year loan of EGP6.0 billion ($195.78 million). The loan More… |
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EFG Hermes concludes advisory on ORE’s $195.78m loanEFG Hermes’ investment banking division has successfully completed advisory for Orascom Development Egypt’s (ODE) subsidiary Orascom for Real Estate (ORE) for a syndicated ten-year loan of EGP6.0 billion ($195.78 million). The loan More… |
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Moody's revises iron ore price-sensitivity ranges upMoody's Investors Service has revised its price-sensitivity ranges for iron ore upward on the back of tight supply, said the rating agency. Mine closures in Brazil and lower production in Australia have pushed the market into More… |
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Moody's revises iron ore price-sensitivity ranges upMoody's Investors Service has revised its price-sensitivity ranges for iron ore upward on the back of tight supply, said the rating agency. Mine closures in Brazil and lower production in Australia have pushed the market into More… |
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EGA receives first shipment of bauxite ore from GuineaEmirates Global Aluminium (EGA), a leading industrial company in the UAE, has received its first shipment of bauxite ore in preparation for the commissioning of its under-construction Al Taweelah alumina refinery. The 61,450-tonne More… |
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Iran firm produces 7m tonnes of iron ore concentrateIran-based Chadormalu Mining and Industrial Company (CMIC) produced over 7.1 million tonnes of iron ore concentrates during the nine months from March 20 to December 20, 2016, said a report. The CMIC reported figure indicates a gr More… |
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Iran iron ore exports 'may dry up on weak prices'Iran's iron ore exports may stop from 2019 due to low prices and as it consumes more of the raw material in its bid to more than triple steel production by 2025, said an industry executive from the country. More… |
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Iron ore in fresh crisis as forward prices crumbleIron ore is veering to a new crisis as prices for future delivery of the commodity slide 30 per cent in the space of a month, and its outlook is now more bearish than oil and more dire than ever for miners struggling to just stay in business. More… |
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Sabic in Mauritania iron ore ventureSaudi Basic Industries Corp (Sabic), a leading petrochemical group, is carrying out new iron ore exploration in northern Mauritania. The feasibility study and exploration at Atomai Mines in Zouerate is part of a joint venture agre More… |
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Iran importing missile-grade ore from EuropeExploiting a loophole in Western sanctions, Iran is importing a high grade of refined alumina ore from several European countries including Germany and France that Tehran could be using to make armour parts and missile components. More… |
