October 3, 2012 Australia slashes interest rate as mining woes feed fears In a move that caught more than one investor by surprise, Australia’s Reserve Bank (RBA) announced Tuesday it was cutting its interest rate, prompted by worries of a sluggish mining…
October 3, 2012 South African strikes spread to iron ore 75,000 miners, or 15% of the sector's workers in South Africa, are now on wildcat strikes.
October 3, 2012 West Melville completes 2012 exploration program at the Fraser Bay project, Nunavut The objectives of the program were to complete extensive channel sampling aimed at evaluating the direct ship ore potential of the project and to establish longer term project infrastructure.
October 2, 2012 The “boom” might be over but Kiwis still flock to Australia A record number of skilled New Zealanders involved in trade are leaving their country to take up higher paying jobs in Australia.
October 2, 2012 Fortescue wins eight year court case against corporate regulators The Australian High Court has ruled in favor of Fortescue Metals Group (ASX:FMG) in a case brought against the mining giant eight years ago by the Australian Securities and Investments…
October 1, 2012 Chinese backing in Labrador Trough softens impact of iron ore plunge "They all say that the Chinese firms believe the market volatility is temporary, and that pricing should return to $120 or $130 in the coming months."
October 1, 2012 Arrium Mining surges after spurning billion dollar bid Australian steelmaker and iron miner Arrium (ASX:ARI) has seen its shares surge after rejecting a $1 billion takeover bid for the company's mines and blast furnace.
September 28, 2012 CoAL takes financial director to court over breaches of duties Coal of Africa Limited (CoAL) CEO John Wallington said that the company has initiated proceedings to take former financial director Blair Sergeant to court over breaches of duties by Sergeant…
September 28, 2012 Shares of Sundance Resources pulled from trading pending announcement of Hanlong’s takeover bid Shares of Sundance Resources have been suspended from trading in anticipation of Hanlong Mining Investment's forthcoming USD 0.45-per-share bid for the company's stock. The offer was expected to be announced…
September 28, 2012 Rio Tinto-OMC $2 billion join venture to be shelved A 17-year-old agreement to develop about $2 billion worth in iron ore deposits between, mining giant Rio Tinto and state-own Odisha Mining Corporation , is about to be nothing but…
Iron ore price nears best close since November on year-end metal rally The steelmaking ingredient advanced for a third straight session in Singapore, climbing nearly 1.8% to as much as $106.55 a ton in intraday trading. December 29, 2025 | 07:51 am
