December 18, 2012

Completion of sale of 25% interest in Nullagine Iron Ore JV – FORTESCUE METALS GROUP LIMITED and BC IRON LIMITED

Fortescue Metals Group Ltd. has closed its capital raising of AUD190,000,000.00.

December 17, 2012

Iron ore surge continues – now up 51% from September lows

Stockpiles at Chinese ports have shrunk more than 26%.

December 16, 2012

INFOGRAPHIC: Stunning growth in the developing world’s new millionaires

Brazil and China lead the pack

December 15, 2012

Aussie iron ore exports gained 10% in 2012, forecast to rise by 13% next year

Iron ore prices expected to average around USD$106/mt in 2013

December 14, 2012

Fantastic mining facts for the festive season

Mining IQ has published its 4th edition of the Weird and Wonderful World of Mining just in time for Christmas

December 13, 2012

Vale to pay Brazil $674 million in mining taxes

Mining giant Vale (NYSE:VALE) has started paying the Brazilian government $674 million ($1.4 billion real) in a dispute over mining royalties.

December 12, 2012

Aussie mining boom is far from bust – shift to operational stage will see better spreading of benefits

Spoils of the country's resources bounty will be better distributed as the mining sector enters an operational phase

December 11, 2012

$27 billion injected into Amazonia mining by 2016

Vale's Carajas iron ore mine is the biggest but some 60 gold explorers are also active in the Brazilian region.

December 11, 2012

Iron ore price highest since July as China cranks out 16% more steel and stockpiles hit 2-year low

Port ore stockpiles are down 25% since February peak and imports are up 17%.

December 10, 2012

Zamin Ferrous to start exporting 18 million tons of iron in 2016

Mining company Zamin Ferrous is waiting on authorizations to initiate the extraction of iron in Valentines, Uruguay.