December 19, 2012

Vale will pay $232 million in taxes to Switzerland

Brazilian miner Vale SA (NYSE:VALE) said Wednesday its fourth-quarter results would suffer after the company decided to settle a case of alleged tax evasion with Swiss authorities.

December 19, 2012

Goa iron ore leases to be scrapped as directed by supreme court panel

A panel appointed by the Supreme Court has recommended scrapping 42 iron ore mining leases in Goa until mining companies submit plans to deal with the environmental impact and legal…

December 18, 2012

Chinese ore imports fall on reduced demand

Import prices of iron ore continued to fall in the week ending December 3 due to stagnant demand

December 18, 2012

African Minerals cuts iron ore shipment forecast

The miner has cut its forecast from its mine in Sierra Leone yet again and is in advanced talks to secure the financing it needs to fund its working capital…

December 18, 2012

Northland’s iron ore concentrate has reached the Port of Narvik

The company's first concentrate has been transported by rail on the Malmbanan railway from Pitkäjärvi to the Port of Narvik

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