Iron Ore Mining News

Enerpac Strand Lift safely hoists massive iron ore mills from China

An Enerpac (A Division of Actuant Corp) Strand Lift system capable of safely positioning huge loads to accuracies within fractions of a millimeter is being employed by VDM Group in constructing Australia’s largest-ever magnetite mining and […]

Small Australian iron ore miners face some big challenges

Some analysts are concerned that many of these producers are too reliant on Chinese demand, especially as China begins to build its own mines.

LKAB gets the go-ahead for new iron ore mine in Sweden

LKAB has been granted an environmental permit for the new open-pit mine at Gruvberget, near the village of Svappavaara in Kiruna, Sweden. “We are very pleased, now we can open LKAB’s first iron ore mine in 50 years,” says President, Lars-Eric Aaro.  The plan is to gradually increase production at the new mine up to [...]

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) […]

Vale: finding King Solomon's mines?

Brazil's Companhia Vale do Rio Doce (Vale), the dominant name in seaborne iron ore, has seemingly found Guinea's iron ore potential irresistible, following the announcement that it has agreed to pay USD 2.5bn for a […]

Fortescue says quarterly iron ore shipments up 53 pct

The world's fifth largest iron ore producer said it expects to maintain its current production rate over the next year. Read the full story at http://www.mineweb.com/mineweb/view/mineweb/en/page39?oid=102955&sn=Detail

CiDRA successfully monitoring long distance iron slurry pipeline

CiDRA Minerals Processing has successfully installed and commissioned SONARtrac® process monitoring systems at Minera Hierro Atacama, in Copiapó Province, Third Region, Chile. Minera Hierro Atacama is owned by CAP Minería, a mainly Chilean company engaged […]

Jindal proposing $65M for Nucor project

Gov. Bobby Jindal says he's proposing the state set aside $65 million in its annual construction budget for a possible $2 billion pig iron plant in southeast Louisiana by steelmaker Nucor Corp.

Arsenic management in sulphide concentrates

Flowsheet design and processing for a sulphide ore are driven by sulphur, iron and impurity management. As high grade feedstocks become depleted, arsenic bearing concentrates will become a more predominant feedstock. For existing copper producers, arsenic management is a key aspect of business management as arsenic impurity levels rise. Xstrata Process Support (XPS) employs an integrated [...]

FINANCING: LIM raises $35 million for Schefferville area project

Canadian Mining Journal reports that LABRADOR – Labrador Iron Mines Holding (LIM) of Toronto has completed a $35 million bought deal financing with which to advance its Schefferville iron ore project along the Labrador-Quebec border…..more […]

Steelmakers fight back

SHANGHAI: Steelmakers are fighting back over attempts by the US$200 billion iron ore mining industry to raise the cost of their main raw material, calling for regulators to investigate an "oligopoly" that inflates prices.

Urgent need for global competition investigation into iron ore market – World Steel Association

The steel association believes that imposed iron ore contracts will have a negative impact on the global economic recovery

New Premium Supplier on SupplyMine – Wabi Iron & Steel Corp.

Wabi provides custom machining, general fabrication and assembly services to a variety of industries. Producing mining systems with a proven track record for dependable performance, Wabi offers in steel, stainless steel or aluminum…Check out their […]

Scotiabank's Mohr expects ‘huge price gains' for iron ore this year

As commodity markets rallied on the news of the eurozone/IMF solution to the Greek debt issue, Scotiabank economist Pat Mohr said strengthening industrial recovery in the G7 should continue the momentum.

South Africa to review Sishen prospecting right decision

The announcement comes after Kumba iron ore appealed against the decision last week

Treating acid mine drainage from past coal mining activities

Skelly and Loy has designed and permitted the first acid mine drainage (AMD) treatment system in the Blacklegs Creek Watershed in southern Indiana County. It is designed to reduce iron and acidity loading of the Kolb discharges and consists of a wet seal to capture the underground mine discharge, piping network, innovative aeration system and [...]

Rio Tinto says India will match China's demand for key commodities soon

Australian News.Net Tuesday 16th March, 2010 Global miner Rio Tinto has predicted that while China's demand for iron ore, copper, coal and aluminium will grow during the next 15 years, India will soon take the lead for further demand.

The fortunes of iron ore and its many good bedmates

The broad, heavy, heave continues towards integrated steelmakers, and upstream to iron ore, coking coal, manganese, nickel, and even molybdenum and cobalt.

Crushing and infrastructure expertise helps Khumani iron ore expansion project

Situated 600 km away from Johannesburg in the Northern Cape Province of South Africa, the King Crusher project and Parsons plant expansion, which forms part of the Khumani expansion project (KEP), has challenged the logistical planning skills of Concor Civils. The company is responsible for the construction of the primary and secondary crusher and associated [...]

Production begins at Rio Tinto's $901m iron ore mine

The mine, located in the Robe Valley, will have initial production of 20m tones per annum

Sharp iron ore price rise expected in 2010/11 – Fortescue

The group says it is running its mines at higher production rates

Allmineral Technology Selected for Iron Ore Beneficiation.

Attached please find a press release on: MSP Engineering (formerly known as McSweeney Partners) is pleased to announce that they have acquired the Australian and New Zealand agencies for allmineral Processing Equipment.

Rio iron ore output soars, ups ante for prices

Rio Tinto , the world's second-biggest iron ore miner, beat its forecast for iron ore output, reflecting surging demand from Chinese steelmakers and setting the stage for tough contract price talks.

Time for America to Wake Up to Brazil

When it comes to the BRICs, Brazil is sometimes an afterthought. China and India are burgeoning global powerhouses with more than 1 billion people each. Russia is a former military superpower looking to transition into an economic one.