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 […]

August 2, 2012

Outer Harbour outta here! When BHP gives up on iron ore growth then you know the mining boom is over

The mining giant is also scaling back or postponing other expensive expansion projects but the pullback in iron ore – by far the Melbourne-based company's most profitable division – is…

August 2, 2012

Rogue Iron Ore intersects 482 meters of 40% total iron at flagship Radio Hill iron ore property

The company has intersected 482 meters of banded iron formation returning 39.9% total iron at the Radio Hill project.

August 1, 2012

Miners will head to Newfoundland or Ontario if Quebec increases royalty rates: KPMG

A study of Quebec's royalty rates for miners, which was hurried out before the provincial election, warned the government not to dip its hand any deeper into resource company pockets.

August 1, 2012

BHP’s performance on the ground fails to lift shares off 3-year lows

The stock hit a high of $50 in May 2008 and came close again in April 2011, but at $170 billion, the Melbourne-based company is now valued at some $80…

August 1, 2012

China’s lower manufacturing reading masks ‘notable rebound’

After adjusting for seasonality, the reading shows that the manufacturing sector is actually improving, thanks to the slew of stimulus measures implemented by the Chinese government.