The Singapore Mercantile Exchange plans to launch an iron ore futures contract in the second quarter, its chief executive said on Wednesday, as it moves to tap a growing need for a more transparent pricing of the steelmaking ingredient.
Posts Tagged ‘Ore.’
Singapore’s SMX says plans to launch iron ore futures in Q2
January 26th, 2011 |
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The Singapore Mercantile Exchange is expecting to launch an iron ore futures contract in the second quarter, its chief executive said on Wednesday.
State-owned Chinese steel mills mull ore swaps: SGX
October 28th, 2010 |
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The Singapore Exchange (SGX) said on Wednesday it is only a matter of time before state-owned steel mills in China start using its iron ore swaps contracts to hedge risk.
SGX, whose iron ore swap volumes reached a record 5.3 million tonnes in the second quarter as traditional pricing arrangements in China collapsed, added that it expected its business to expand strongly.
Singapore bourse clears about 90% of global iron ore swap trade
September 29th, 2010 |
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Singapore Exchange, operator of the city’s securities and derivatives markets, represents as much as 90% of global over-the-counter clearing of iron ore swaps, said the chief executive of its commodity unit.
More than 200 counterparties, which are producers, users and traders of the steel-making ingredient, are using the service, Chief Executive Officer Jeremy Ang of the Singapore Commodity Exchange said in an interview today.
Frightened Rabbit:Live Video & Tour Dates
August 27th, 2010 |
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THE WINTER OF MIXED DRINKS OUT NOW
On their most recent U.S. tour, Internet television network, Revision3, caught up with Frightened Rabbit to film a jam-
packed, sold-out performance at San Francisco’s Rickshaw Stop. Check out the video for their 15-song set here or below, along with dates for their month-long October tour below.
FRIGHTENED RABBIT TOUR DATES
October 7 – Seattle, Wash. @ Showbox at the Market
October 8 – Vancouver, B.C. @ Vogue Theatre
October 9 – Portland, Ore. @ Wonder Ballroom
October 10 – San Francisco, Calif. @ The Fillmore
October 13 – Los Angeles, Calif. @ Mayan Theatre
October 14 – San Diego, Calif. @ House of Blues
October 15 – Anaheim, Calif. @ House of Blues
October 16 – Las Vegas, Nev. @ Beauty Bar
October 17 – Tempe, Ariz. @ The Clubhouse
October 19 – Dallas, Texas @ Loft @ Palladium Showroom
October 20 – Austin, Texas @ Stubbs BBQ
October 21 – Houston, Texas @ Walters
October 22 – New Orleans, La. @ Tipitina’s
October 23 – Gainesville, Fla. @ Common Grounds
October 24 – Orlando, Fla. @ The Social
October 26 – Athens, Ga. @ 40 Watt Club
October 27 – Charlotte, N.C. @ Neighborhood Theatre
October 28 – Philadelphia, Pa. @ Starlight Ballroom
October 29 – Boston, Mass. @ Paradise
October 30 – New York, N.Y. @ Terminal 5
November 1 – Washington, D.C. @ 930 Club
November 2 – Pittsburgh, Pa. @ Diesel
November 3 – Detroit, Mich. @ Magic Stick
Frightened Rabbit
Tour Dates
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Abterra acquires 23% stake in Shanxi iron ore miner for $78m
August 7th, 2010 |
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Abterra, the supply chain manager of resources and minerals in Asia Pacific, says it has completed the acquisition of a 22.8% stake in Zuoquan Xinrui Metallurgy Mine Co. from Shenzhen Manfu Industrial Company for RMB390.5 million ($77.6 million).
Noble 1Q profit rises 28% on coal, ore: Update
May 6th, 2010 |
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Noble Group, the commodities supplier part-owned by China Investment Corp., said first quarter profit rose 28% as demand and prices of coal, iron ore and aluminum improved with the economic recovery.
Net income increased to US$115 million ($160 million), or 2.86 cents a share, for the three months ended March 31, from US$90.2 million, or 2.77 cents, in the year-earlier period, Hong Kong-based Noble said in a statement to the Singapore Exchange. Sales surged 87% to a quarterly record of US$11.4 billion.
Courage Marine launches newly-acquired 130,000 dwt vessel MV Cape Ore
March 18th, 2010 |
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Courage Marine Group, the dry-bulk shipper, has successfully launched its newly acquired pre-owned 130,000 dwt vessel.
This new vessel, MV Cape Ore (ex-MV Constantinoupolis), joined the fleet yesterday in servicing the Asia region, mainly delivering coal, iron ore and bauxite. With its larger capacity, this vessel will bring greater cost efficiency to the group, says Courage Marine.
Conan O’Brien Kicks Off 30-City Theater Tour
March 11th, 2010 |
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Conan’s going on tour! Former Tonight Show host Conan O’Brien has announced that he’s embarking on a 30-city theater tour sponsored by American Express.
“It was either a massive 30-city tour or start helping out around the house,” Conan joked in a statement announcing the move on Thursday.
Sidekick Andy Richter and the former Tonight Show [...]
Facebook Building Data Center in Oregon
January 22nd, 2010 |
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Popular social networking site Facebook announces plans to build an environmentally-friendly data center, its first, in Oregon.
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Social networking behemoth Facebook announced it has broken
ground on for a data center in Prineville, Ore. Facebook’s vice president of
technical operations Jonathan Heiliger said the company is upscaling their technical
infrastructure to meet the demands of their users, which nu…
SGX iron ore swaps volume at record in November as demand gains
December 3rd, 2009 |
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Singapore Exchange’s iron ore swaps volumes jumped to a record last month on increased demand from steel mills, traders and shipping companies in Asia.
Cleared contract volumes rose to almost 1.5 million metric tons in November, SGX AsiaClear said yesterday in an e-mailed statement. The value of the contracts was a record US$140 million ($193 million), SGX told Bloomberg News in an e-mail today.
AusGroup awarded $127m BHP Billiton Iron Ore contract
November 23rd, 2009 |
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AusGroup says its unit AGC Industries won a A$100 million ($127 million) contract by BHP Billiton Iron Ore.
Under the deal, Australian subsidiary AGC Industries will construct an ore handling plant and the stockpile and conveyor systems.
HP, SGI, Cray and Dell Show Off New Systems at Supercomputing 2009
November 19th, 2009 |
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Industry-standard technology, GPUs and energy efficiency were among the key themes running throughout the Supercomputing 2009 show in Portland, Ore. At the show, which wraps up Nov. 20, a number of vendors, including Cray, Dell, HP and SGI showed off new and enhanced high-end systems, many of which are designed to enable businesses and HPC (high-performance computing) environments to ramp up performance and density while driving down operational, capital and power costs. In addition, Intel unveiled that it will offer a Nehalem EX Xeon processor optimized for supercomputing, while the chip maker boasted that 402 of the top 500 fastest supercomputers in the world are powered by its processors. Rival AMD took the number-one spot, with the Opteron-powered Jaguar computer from Cray knocking off IBM’s RoadRunner at the top of the list. Here are a few of the new systems OEMs showed off at the show.
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IBM Gets Closer to Computer that Acts Like a Human Brain
November 18th, 2009 |
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IBM researchers at the Supercomputing 2009 show are saying they and their university partners have hit two key milestones in their efforts to develop a computer that can monitor and act on data in ways similar to a human brain. The development of such a computer could help businesses more logically act on the rapidly growing streams of data that are generated.
– IBM researchers say they are making significant strides in creating a computer that can simulate the human brain.
At the Supercomputing 2009 show in Portland, Ore., Nov. 18, researchers working on the cognitive computing team are saying that theyve reached two major milestones in the project perfor…
Chip Shot: Intel and SGI Break Supercomputing Boundaries
November 16th, 2009 |
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Intel and SGI are scaling the extreme heights of supercomputing with a shared memory supercomputer called Altix UV. The system will lead the industry in maximizing bandwidth and minimizing latency on cluster and HPC applications. The system, which is being unveiled at Supercomputing 2009 in Portland, Ore., uses quad-, six-, or eight-core Nehalem-EX processors, and will deliver exceptional performance and scalability. Supercomputing 2009 attendees can see Altix UV in SGI’s booth, #1721.
Nvidia Unveils Fermi-Based Tesla GPUs
November 16th, 2009 |
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Nvidia is giving attendees at the Supercomputing 2009 show a look at the upcoming Tesla GPUs that will be based on the companys upcoming “Fermi” CUDA architecture. Nvidia is continuing to push GPUs into the general-purpose computing space, an effort begun two years ago when the company first introduced the CUDA architecture for massively parallel-processing workloads. Chip makers Intel and AMD are now working to integrate more graphics capabilities into their CPUs, and OEMs are beginning to build systems powered by GPUs.
– Nvidia is continuing its efforts to push GPUs deeper into mainstream computing with the unveiling of its upcoming line of graphics processors that will be built on its new “Fermi” architecture.
Nvidia officials announced the Tesla 20 series Nov. 16 at the Supercomputing 2009 show in Portland, Ore.
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Chip Shot: New HPC Optimized Intel Processor Planned
November 16th, 2009 |
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At Supercomputing 2009 in Portland, Ore., Intel unveiled a future High Performance Computing (HPC) optimized version of its forthcoming processor codenamed “Nehalem-EX.” The six-core chip will run at higher frequencies than eight-core versions of the Nehalem-EX processors and will offer advantages on some HPC workloads. Customers will benefit from greater memory bandwidth and capacity and will be able to build single computers or “nodes” with up to 256 such chips. More details can be found at Intel’s online Press Room.
Cray Jaguar Takes Top Supercomputer Spot from IBM Roadrunner
November 16th, 2009 |
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After more than a year as the worlds fastest supercomputer, IBMs Roadrunner system was knocked down to the second spot by Crays Jaguar. Crays XT5 system got a boost when the computer maker swapped out the quad-core AMD Opterons for the six-core “Istanbul” chips, ramping up the power to more than 224,000 processing cores. Sun and SGI also were represented in the top 10 of the Top500 list of the fastest systems.
– IBMs reign atop the list of the worlds fastest supercomputers is
over, with Crays “Jaguar” system knocking off Big Blues “Roadrunner”
after more than a year as number one.
The Top500 list of the most powerful systems kicks off the
Supercomputer 2009 show in Portland, Ore., which will run until N…
Intel Architecture Driving Future of Supercomputing
November 16th, 2009 |
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PORTLAND, Ore. Nov. 15, 2009 – More than four out of every five supercomputers on the TOP500 list are powered by Intel® processors.
Man Indicted in Cable Modem Hacking Scheme
November 3rd, 2009 |
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The FBI unsealed charges recently against Ryan Harris, 26, who they say developed hardware and software tools to enable people to configure their cable modems to give them free Internet access.
– Federal authorities unsealed charges in Boston
Nov. 2 against a man they allege developed tools to help people steal free
Internet access by modifying cable modems.
Charges against 26-year-old Ryan Harris, who has residences
in Redmond,
Ore., and San
Diego, were unveiled Nov. 2. According…