Negotiations stumbled on monetary issues.
Iron Ore Company of Canada Mining News
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.
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).
Quebec judge wouldn't dismiss $900 million lawsuit.
China's Minmetals finds IOC too pricey at $3.5 billion according to a new report.
Zoë Yujnovich replaces former-Xstrata Nickel CEO, Ian Pearce.
The country's commodities forecasting agency expects average price to fall to $90 a tonne over the next five years.
The steelmaking commodity hit a 2½-month low Monday as Chinese steelmakers resist restocking frightened by weakening economic data.
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.
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.
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 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) […]
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 […]
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 […]