mineral exploration project – commodity prices – mining stock- trade and market

The country’s biggest producer, Tata Steel Ltd, turned to a bigger than expected second quarter loss because of lower prices and production at its European unit Corus Group Ltd. The shares declined.The group’s net loss was Rs2,710 crore in the three months ended 30 September, compared with a profit of Rs4,770 crore a year earlier, the Mumbai-based company said on Thursday in a statement. Sales fell 43% to Rs25,270 crore.Corus, which provides more than two-thirds of Tata Steel’s output, cut production from the year-earlier period after orders from global automobile makers and...

Growth in China’s industrial sector is always getting the attention of mining companies, because the growth of industrial sector affects the growth of the global industrial sector.

Growth in demand for raw...