November 19, 2012

Vale gets green light for railway expansion

Brazil’s Vale (NYSE:VALE), the world's number one iron ore producer, was granted Monday an environmental permit to expand the Carajás railroad (EFC), a key part of its plans to increase…

November 19, 2012

Cliffs Natural Resources delays massive iron ore projects

Cliffs Natural Resources (NYSE:CLF), U.S.’ s largest producer of iron-ore pellets, said Monday it would delay mine expansion in Quebec as well as a portion of production at two of…

November 18, 2012

Rail traffic totals dragged down by miners

But petroleum products are up a whopping 44.1% from last year.

November 17, 2012

Biker gangs infiltrate Australian mines to run prostitution rings

It's too dangerous to go against them.

November 16, 2012

Black Iron releases feasibility study showing 45.9% IRR, 2.2 year payback and U.S. $3.5 billion NPV for Shymanivske project

The bankable feasability study outlines an operation producing 9.2 million tonnes per year of high-grade 68% iron ore concentrate, projecting a 45.9% internal rate of return and a U.S. $3.5…

November 16, 2012

Increased iron ore demand from china in the fourth quarter to help ease shipping industry’s oversupply

Shipping stocks have struggled as oversupply and global economic uncertainties have continued to plague the industry.

November 16, 2012

Fortescue Metals expands into oil and gas

Pure iron ore player diversifies its portfolio

November 16, 2012

Rolls Royce seeks clients for customized cars amongst cash-flush miners

Queensland and Western Australia to be major markets for bespoke luxury autos

November 16, 2012

Fortescue chief claims High Court tax challenge is about overcoming evil

"All it took for evil to win was for good people to do nothing" says Twiggy

November 15, 2012

Canadian Orebodies announces brokered private placement

Company to raise gross proceeds of up to $3,500,000 through the sale of flow-through units