April 3, 2012

ABB wins $32 million mine hoist upgrade order in Sweden

ABB, the leading power and automation technology group, has won a $32 million order to revamp four mine hoists for LKAB’s new main haulage level in its Kiruna iron ore…

April 2, 2012

Fortescue chief sees iron ore price down 25% from current levels. Says it’s a ‘good thing’

Fortescue chief executive Neville Power also told The Australian newspaper that Chinese steel production growth will be lower over the next five years at about 4% – 5%, from 7%…

April 2, 2012

DTI ‘blindsides’ ArcelorMittal South Africa

South Africa's Department of Trade and Industry has decided to exclude steel from its preferential procurement plans. AMSA's shares fall over 5%

April 2, 2012

Paladin Energy forced to get new CFO as Korte moves to push world-class iron project

Uranium company Paladin Energy Ltd (TSX:PDN)(ASX:PDN) announced it named Alan Rule as its new Chief Financial Officer effective July 23, 2012. He would be replacing the current CFO, Garry Korte,…

April 1, 2012

Protest against iron ore operation of Vale in Malaysia

About 100 members of Jaringan Aktivis Alam Sekitar Perak JAASP, an environmental non governmental organization, staged a demonstration against the operation of an iron ore processing company, Vale SA, in…

March 30, 2012

Rio Tinto follows Vale and joins Chinese iron ore trading platform

The move will allow the London-listed miner to sell non-contracted iron ore directly into China through the electronic trading platform.

March 30, 2012

BHP iron ore chief quits

Ian Ashby, BHP Billiton's Iron Ore President, is stepping aside after 25 years with the world's biggest miner.

March 29, 2012

Aussie mining boom is ‘first taste of Asia’s rise’

Australia's mining boom is just the "first taste" of Asia's ascendancy, Treasurer Wayne Swan said yesterday, with the region's new prosperity expected to transform the global economy.

March 29, 2012

World’s largest money manager losing confidence in BHP Billiton

"They need to clearly indicate to the market what their strategy around Olympic Dam is, around shale gas, all of these things, to return confidence that they're not spending huge…

March 29, 2012

LIM receives environmental approval for Stage 2 Houston Project

Labrador Iron Mines Holdings Limited (TSX: LIM) is pleased to announce that it has received environmental approval and project release from the Government of Newfoundland and Labrador for its Houston…