August 8, 2012 Iron ore slump turns into rout The latest downturn in the price comes as iron ore stockpiles at Chinese ports climb by more than 420,000 tonnes in a week to almost 100 million tonnes.
August 8, 2012 Rio Tinto banking on China rebound as profits drop 34% Giant miner Rio Tinto is closing down its Blair Athol coal mine in Australia as the company considers whether to limit spending on new projects next year.
August 8, 2012 West Melville commences summer exploration program on the Fraser Bay project, Nunavut The 2012 summer program, budgeted at $1.5 million, is scheduled to run until early-September. The program is to complete an extensive channel sampling campaign over the full strike length of…
August 8, 2012 Rio Tinto announces first half underlying earnings of $5.2 billion The company points to its iron ore division's record performance as reason for first half underlying earnings of $5.2 billion.
August 8, 2012 Tara Minerals begins diamond drilling program to support iron ore production plan Aerial topography and a diamond drilling work program are planned for the Champinon Iron Project. The work will enhance the mining and processing development plan and help to insure consistent…
August 8, 2012 Macarthur Minerals enters into further agreements to secure access at the Port of Esperance The company announced that it has entered into an agreement with Esperance Port Authority for access to the proposed expanded Port of Esperance, located in Western Australia.
August 8, 2012 Bayport International Holdings, Inc. announces acquisition of the Sir Tidwell mining claim Sir Tidwell is an iron ore mining claim located in Juab County, Utah. The claim was purchased from a group of private individuals for 40,000,000 restricted shares of common stock.
August 7, 2012 Xstrata to create world’s biggest zinc mine Xstrata has approved a $360 million expansion for its McArthur River mine in Australia’s Northern Territory which will make the project the largest producer of zinc in the world.
August 7, 2012 Drill program commences on past producing Griffith mine, Red Lake, Ontario Northern Iron Corp. has announced the start of definition drill holes for the 2012-2013 season at the past producing Griffith Iron Ore mine.
August 5, 2012 Steel firms in state plan to up capacity The recent decision of the Supreme Court capping iron ore production at 30 million tonnes per annum in Karnataka has not deterred […]
How a reclusive ex-Glencore trader became Indonesia’s nickel king Arif Kurniawan has gone from earning paychecks at Glencore to controlling approximately a third of his country’s domestic trade in nickel ore. December 28, 2025 | 03:25 pm
