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Mining Weekly 12/06/2019 08:18
Indian miner NMDC’s iron-ore assets at Dantewada in the central state of Chhattisgarh came under attack from ultra-left-wing extremists on Sunday. According to reports available from the district, the ultra-left extremists, popularly known as naxalites, stormed into the iron-ore mining facility at Dantewada and set fire to trucks and dumpers before fleeing into the adjacent dense forests.
Mining Weekly 12/06/2019 08:18
Bargain hunters have helped molybdenum recover after prices crashed to two-year lows, but ample supplies of the metal used to make stainless steel mean further significant gains for now are unlikely, analysts say. Prices of the metal, valued for its anti-corrosive and strengthening properties in the oil and gas and automotive industries, fell towards $8/lb two weeks ago.
Mining Weekly 12/06/2019 08:17
India’s Coal Ministry has directed State-run miners Coal India Limited and Singareni Collieries Company Limited to hold special auctions for coal supply to power projects categorised as nonperforming assets as a result of a lack of fuel supplies. As per a directive issued by the Ministry, the two coal companies are to start holding the special coal supply auctions for stressed thermal power projects from February next year.
Mining Weekly 12/06/2019 08:16
India’s second largest oil and gas exploration and production company, State-run Oil India Limited (OIL), will pick up a majority stake in standalone oil refinery, Numaligarh Refineries Limited (NRL). The consolidation of operations of OIL and State-run NRL comes close on the heels of the latter entering into the oil and gas exploration business vertical having acquired participatory interest in two blocks in the north-eastern state of Assam.
Mining Weekly 12/06/2019 08:16
Low inventories across the copper supply chain mean that any resolution to the US–China trade war could trigger a snap rally in prices as consumers rush to restock, market participants said on Tuesday. Combined stocks of on-warrant copper in London Metal Exchange and Shanghai exchange warehouses have declined 50.5% since mid-August metal buyers have slowed replenishment rates.
Packt Hub 12/06/2019 08:16
On Wednesday, security researchers from the University of New Mexico disclosed a vulnerability impacting most Linux distributions and Unix-like operating systems including FreeBSD, OpenBSD, macOS, iOS, and Android. This Linux vulnerability can be exploited by an attacker to determine if a user is connected to a VPN and to hijack VPN connections. The researchers shared […]. .
StorageNewsletter 12/06/2019 08:16
(in $ million) 3Q19 3Q20 9 mo. 19 9 mo. 20 Revenue 119.0 198.3 335.4 582.5 Growth 67% 74% Net income (loss) (25.9) (82.1) (107.1) (272.3) Cloudera, Inc. reported results for its 3FQ20, ended October 31, 2019. Total revenue for the quarter was $198.3 million, and subscription revenue was $166.9 million. Annualized recurring revenue […]. .
Mining Weekly 12/06/2019 08:16
Technology company Apple has bought the first-ever commercial batch of carbon-free aluminium from a joint venture (JV) between two aluminum suppliers. The metal is being made by Elysis, the Montreal-based JV of Alcoa and Rio Tinto. The JV was established last year, with $144-million in funding provided by the two companies, Apple, as well as the governments of Canada and Quebec.
GlobeNewswire 12/06/2019 08:15
MISSISSAUGA, Ontario, Dec. 06, 2019 (GLOBE NEWSWIRE) -- goeasy Ltd. (TSX: GSY), a leading full-service provider of goods and alternative financial services, has announced it has earned a spot on the 2020 Greater Toronto Area (GTA) Top Employer list. goeasy has earned five awards in 2019 including recognition for its exceptional culture, continued business growth and its purpose to help everyday Canadians on a path to a better financial future.

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