June 13, 2012

Port Snettisham iron ore property exploration program locates Pyroxenite with strong magnetite presence

Robert L. Card, President, Arrowstar Resources Ltd., (TSXV: AWS), is pleased to report on the Company's recent site visit to Port Snettisham, 60 kilometres from Juneau, Alaska.

June 13, 2012

Mining companies should chase more M&As – JPMorgan

Asset manager at JPMorgan, Neil Gregson, says mining companies should pursue more takeovers as escalating costs prompt them to slow spending on expansions.

June 13, 2012

Infrastructure, permitting issues hinder Brazilian iron ore expansions

As Brazil rushes to meet global iron ore demand, domestic iron ore companies find their production projects facing delays, particularly in project permitting, S&P observed in a recent report.

June 12, 2012

That carton of milk will cost you $15.19: grocery shopping in Nunavut

A humourous look at grocery shopping in Canada's far north

June 12, 2012

Dr Kloppers took home $15 million last year. How is the sypercycle turning out for you?

The 49-year-old boss of the world's largest mining company took home £9.8 million ($15.2 million) last year including bonuses, pension contributions and stock options.

June 11, 2012

Guinea begins production at first iron ore mine

Reuters reported Guinea, in partnership with Bellzone (LSE:BZM) and the China International Fund, has begun operations at its first iron ore mine.

June 11, 2012

Millrock and Vale enter option agreement concerning the AUDN copper-gold Porphyry project, Alaska

Vale is providing funding to Millrock for research and exploration along the Alaska Peninsula porphyry belts. Vale may earn 65% interest by expending US$3.5 million for exploration on the project…

June 10, 2012

Guest worker upset begets job board so Australians see positions first

The Australian government launched a Resources Sector Jobs Board so employers can prove they made the job widely available to citizens before they apply for guest workers.

June 8, 2012

Fortescue raises $490M for Pilbara iron ore expansion plans

Fortescue has secured $490 million in corporate senior debt facilities to top up funding for its iron ore expansion plans in the Pilbara region of Australia.

June 8, 2012

Minerals Council of Australia accuses unions of racism

The Minerals Council of Australia (MCA) has condemned unions, saying they are running a nonsensical "race-based" campaign.