News Categories

Global bankers spurn Trump's pleas to keep making loans for coal

13 December 2018 - 08:04
The European Bank for Reconstruction and Development, established to help foster democracy-building projects in former communist countries, is poised to adopt a strategic plan that rules out financing coal plants and mines — despite opposition from the U.S., the bank’s single biggest shareholder.

Germany secures access to world's second-largest lithium deposit

13 December 2018 - 07:52
Germany and Bolivia today sealed a partnership for the industrial use of lithium , a key component in the batteries that power electric cars and cell phones.

Iamgold eyes growth in Burkina Faso, unveils resource estimate for Gossey

13 December 2018 - 07:40
Canada’s IAMGOLD Corp. (TSX IMG), (NYSE: IAG) is working on expanding its footprint in Burkina Faso, West Africa, where it already operates its Essakane mine, in production since 2010.

Iran Steel Industry Booming despite Sanctions

13 December 2018 - 07:28
Head of the Iranian Steel Producers Association (ISPA) Bahram Sobhani announced that Iran is capable of producing 25 million tons of steel in the current fiscal year (ends March 21, 2019) despite the US sanctions re-imposed against Tehran.

Indonesia after Further Expansion of Ties with Iran

13 December 2018 - 07:21
Indonesia is determined to bolster and broaden its all-out relations with Iran, especially in the fields of politics and economy, Jakarta’s Ambassador to Tehran Octaviano Alimuddin highlighted, referring to vast areas of commonalities between the two countries.

Iran, Oman Launch Direct Sea Route

13 December 2018 - 07:15
A senior provincial official announced that Iran and Oman have launched a direct sea route between their strategic ports which would facilitate trade exchanges between the two countries.

Iran Urges EU to Deliver on SPV Promise in Practice

13 December 2018 - 07:10
Advisor to the Iranian Parliament Speaker Hossein Amir Abdollahian said on Wednesday that the EU should undertake “practical measures” to deliver on its promises for establishing trade mechanism with non-dollar transactions.

German Exports to Iran Hit Record High in October

13 December 2018 - 07:04
German exports to Iran soared in October, a month before the United States reinstated a second wave of sanctions on the Islamic Republic to choke its oil and shipping industries, data seen by Reuters showed.

US Emerging as World’s Top Oil Producer

13 December 2018 - 06:56
US crude oil output growth was expected to slow slightly for this year compared with previous forecasts, the Energy Information Administration said on Wednesday, but at a record 10.88 million barrels per day, the nation will end 2018 as the world’s top producer.

WTI, Brent Prices Edge Higher

13 December 2018 - 06:50
Oil rose to about $61 a barrel on Wednesday, supported by an industry report showing a drop in US crude inventories, a cut in Libyan exports and an OPEC-led deal to trim output.
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