Iron Ore Company of Canada Mining News

IOC green-lights new iron ore pit in Labrador

The Iron Ore Company of Canada (IOC) is taking advantage of rocketing iron ore prices by pushing forward with its Wabush 3 iron ore mine in Labrador, Canada.

Canadian court hands victory to First Nations in lawsuit against Rio Tinto

Quebec's highest court has refused to hear an appeal of a last year judgment that rejected a motion to dismiss the millionaire lawsuit against the miner's Iron Ore Co. of Canada (IOC).

Canadian court rules aboriginal lawsuit against Rio Tinto can go ahead

Quebec judge wouldn't dismiss $900 million lawsuit.

Another bidder walks away from Rio's Canada iron ore

China's Minmetals finds IOC too pricey at $3.5 billion according to a new report.

Mining Association of Canada elects first female chair

Zoë Yujnovich replaces former-Xstrata Nickel CEO, Ian Pearce.

Australia sees iron ore prices only getting worse

The country's commodities forecasting agency expects average price to fall to $90 a tonne over the next five years.

Iron ore fall strikes projects, miners and frightens investors

The steelmaking commodity hit a 2½-month low Monday as Chinese steelmakers resist restocking frightened by weakening economic data.

Rio Tinto unit charged in Canada for 2010 death

Representatives of Rio Tinto’s Iron Ore Company of Canada (IOC), the country’s biggest producer of the steel-making ingredient, appeared in court yesterday as it is facing five charges related to a fatal accident in 2010.

Rio Tinto to spend US$1.2 billion in Canada, Australia

Australia Business Reviews reports: Rio Tinto’s quest for world domination in the mining industry continues with its latest US$1.2 billion investments in mining projects in Canada and Australia.

IOC to expand iron ore production

Rio Tinto has green-lighted an expansion of the Iron Ore Company of Canada (IOC)  facility in Labrador City, Canada. The second of a three-stage Concentrator Expansion Program was halted in 2008 due to the financial […]

Rio Tinto restarts iron ore expansion programme in Canada with US$400 million investment

Rio Tinto has announced the re-commencement of its expansion programme in its Iron Ore Company of Canada (IOC) operations. The Board of IOC has approved new investment of US$401 million (Rio Tinto share US$235 million) […]

Iron Ore Company of Canada averts long layoffs

Rumors of a lengthy shutdown of Iron Ore of Canada have evaporated as the company announced it would limit its closure of its Labrador City operations to five weeks. Author: Dorothy Kosich Posted:  Monday , 18 […]

Iron Ore Company of Canada Further Integrates Modular Products

Modular Mining Systems, Inc., the world leader in powerful information management systems for maximizing mine productivity, announces that the Iron Ore Company of Canada (IOC), a Rio Tinto operation in Labrador City, has renewed their […]