October 29, 2012

Chinese iron ore mining is already out of whack and now 500 million tonnes of new capacity is coming

In September Chinese mines already churned out a whopping 20% more ore compared to last year. There are also 66 new mines producing 490 million tonnes in development. That at…

October 29, 2012

Xstrata shareholders caught in ‘prisoner’s dilemma’ Could Anglo or Vale free them?

Even shareholders choking on $200 million of management bonuses, may have to okay the compensation if they want the deal to go ahead. But Xstrata may have other options beside…

October 29, 2012

Sesa Goa expects some mining restrictions in Goa to be lifted in November 2012

State of Goa expected to lift a number of iron ore mining restrictions by end of month

October 29, 2012

Sishen iron ore supply uncertainty to weigh on ArcelorMittal SA’s 3Q results

Market observers expect uncertainty to weigh on results

October 27, 2012

Iron ore concentrate plant inaugurated in southeast Iran

Iran inaugurated on Saturday an iron ore concentrate plant, with the production capacity of two million tons per annum, in the city of Zarand, southeastern Kerman Province, ILNA reported.

October 26, 2012

Mean reversion: Kloppers says iron ore is back to being a volume game, get used to it

The opportunities that lie ahead will be volumetric as opposed to price-based

October 26, 2012

BHP confident iron ore prices will stabilize

BHP Billiton CEO Marius Kloppers said during the company's annual general meeting yesterday that the record high iron prices witnessed over the past decade will not be repeated.

October 26, 2012

Cynthia Carroll yields to pressure and leaves Anglo

Where there is smoke… After several reports of Anglo American’s (LON:AAL) shareholders disappointment at both the company’s overall performance and her CEO, Cynthia Carroll, she has finally left the company.

October 25, 2012

To all China bears: Iron ore has just scaled $120

Iron ore's bounce comes as signs appear that the Chinese government may have succeeded in orchestrating a soft landing for the world's second largest economy.

October 25, 2012

China to undergo U-shaped recovery

A leading analyst says growth in China is set to gradually recuperate as the Middle Kingdom's economy experiences a short, sharp U-shaped convalescence.