iron Mining News

Scientists discover why world’s richest ore deposits were formed

Scientists have discovered why some of the richest ore deposits on the planet, such as copper, zinc, silver and uranium, were formed in the middle period of Earth’s history.

South Africa’s mining industry continues to face tough times — PwC report

Companies had no choice but to cut back on new developments, re-focus on profitable production rather than maximum production and to save costs.

INFOGRAPHIC: The extraordinary metals in an iPhone 6s

Today, we open up one of the world's most popular mobile handsets - the iPhone - to see what metals and materials make it all possible!

Global vision for ‘green steel’

The vision for a cleaner, greener and more productive steel industry, moved a step closer with the recent signing of an agreement with a company in China to scale-up CSIRO’s dry slag granulation (DSG) technology.

BHP Billiton production report for the half year ended December 2012

The release highlights iron, copper, petroleum and coal production.

Cardero announces maiden inferred resource estimate for Sheini Hills iron project, Ghana

SRK reports 1.3 billion tonnes grading 33.8% iron including 1.05 billion tonnes primary ironstone and hardcap at 35.2% iron and 0.27 billion tonnes detrital iron at 28.2% iron.

CIBC's Matt Gibson sees upside in iron in 2013

Investors who want to play in the iron and copper space should look to small-cap producers for attractive valuations and lower risk, says Matt Gibson, institutional research analyst with CIBC World Markets.

Chinese stocks looking like a bargain

With negative sentiment toward China reaching an extreme in recent months, patient investors have been rewarded with recent news of improving data from the Asian giant.

Augyva announces receiving notice of completion from Century Iron Mines corporation of its $14 million earn-in for the Duncan Lake iron property

Augyva announces receiving notice of completion from Century Iron Mines corporation of its $14 million earn-in for the Duncan Lake iron property

Century Iron announces formation of Attikamagen joint venture and completion of initial $20 million investment by WISCO

The company announced the formation of the Attikamagen joint venture and completion of initial $20 million investment by WISCO.

Infographic: Iron, the core of the developing world

Did you know that 95% of all the metal produced per year is Iron? You do now and thanks to the brilliant infographics of Visual Capitalist.

Panama Canal expansion to change dynamics of commodity trade

When the third lane opens the canal's capacity will more than double. The largest ships will carry as many as 13,200 containers -- at least double the dry weight of bulk cargo that can pass through today.

Indian miners accuse government of causing artifical iron ore shortage

India's merchant miners have accused the Indian government of creating an 'artificial' shortage of iron ore via the imposition of high export duties and freight charges. The Federation of Indian Mineral Industries (FIMI), India's leading […]

Atlas Iron on track to double production by end of 2013

Western Austalia's Atlas Iron Limited (ASX:AGO) increased shipments by 25% in the second quarter and is well on its way to doubling production by the end of 2012.

Rinehart would pass government test for media ownership

Mining magnate Gina Rinehart would pass a proposed public interest test for ownership of media outlets according to the Australia government's Communications Minister Stephen Conroy.

Northern Iron surges as Indians fatten offer

Shares in Australia's Northern Iron (ASX:NFE) surged by around 38% in Tuesday trading, on news that India's Aditya Birla Group had increased its takeover offer by 4%, bringing the bid to USD$532 Million.

Calls for fundamental reform of Australian mining tax

One of Australia's leading intellectuals and a former adviser to the country's incumbent Labor Party has called for far-reaching reforms to the resource giant's mining tax and GST.

Australia's former China ambassador concedes errors in Rio Tinto's actions

Geoff Raby, Australia's former ambassador to China, has conceded that mining giant Rio Tinto (NYSE:RIO) committed errors in the lead up to a Chinese bribery scandal several years ago that strained relations between the two countries.

Jupiter Mines announces $125 million capital raising to support manganese and iron ore ops.

Jupiter Mines, headed by former BHP Billiton chief Brian Gilbertson, has announced plans to raise AUD$125 million for the expansion of South African and Western Australian resource projects.

Fortescue Metals posts record iron ore output amidst surging debt

Fortescue Metals (ASX:FMG) has posted a record-breaking 17.8 million tonnes of output for the June quarter, representing a rise of 42%, while its debt volume has also surged, swelling by a billion dollars to hit the USD9 billion mark.

BHP Billiton logs record performances for past fiscal year

BHP Billiton (ASE:BHP) has logged a remarkable performance over the past twelve months, with the release of its production report for the year ended 30 June 2012 indicating that the diversified mining giant achieved record results across a broad gamut of operations, and maintained its record-breaking run in iron ore output.

Cardero maintains it followed best business practices regarding acquisition of the Sheini Hills iron ore project, Ghana

Cardero works with RCMP and begins private investigation after allegations that it used improper business practices to secure iron ore concessions in Ghana.

Rio Tinto gets the early go-ahead for Richards Bay purchase

A Competition Tribunal is set to rule this Tuesday on Rio Tinto's hopeful acquisition of Richards Bay Mining from BHP Biliton.

Myanmar: what investors need to know

American based sanctions removed, over $2 billion invested and host to the South Asian Games.

Millrock and Vale enter option agreement concerning the AUDN copper-gold Porphyry project, Alaska

Vale is providing funding to Millrock for research and exploration along the Alaska Peninsula porphyry belts. Vale may earn 65% interest by expending US$3.5 million for exploration on the project over a three-year period.