March 27, 2012

Carbon Friendly Solutions signs MOU with major iron and shell producer in China

Carbon Friendly Solutions Inc. (CNSX: CFQ) announced the company, through its wholly-owned subsidiary Microcoal International Inc. (“MCI”), has signed a Memorandum of Understanding (“MOU”) with Hebei Iron and Steel Group…

March 26, 2012

Metso to supply additional mining services to Northland Resources in Sweden

Metso has signed a major service contract with Northland Resources AB, consisting of a six-year service, maintenance and inspection program for the Kaunisvaara iron ore processing plant, located in northern…

March 26, 2012

Aquila and Vale take a break on coal sales dispute

A legal clash between Brazilian mining giant Vale (NYX:VALE) and Australia's Aquila Resources (ASX: AQA) has taken a step towards resolution this morning after the companies announced they’ve reached an…

March 23, 2012

China Development Bank has $1 trillion to lend: Its investment arm is ‘very actively seeking’ nickel assets

Chinese firms have been snapping up copper, uranium, iron ore and coking coal assets around the world, but have yet to make a big splash in nickel.

March 23, 2012

India wants to truck Afghan ore through Pakistan

India is hoping to bury the hatchet with its historical rival Pakistan, at least enough for both sides to benefit from a massive iron ore deposit in Afghanistan.

March 23, 2012

CN-Caisse rail project in Quebec faces clash with miners

A clash over infrastructure assets is shaping up in northern Quebec, pitting the interests of two corporate titans against a group of junior miners.

March 22, 2012

Australian explorer hunts for copper in Andes

The Herald Sun has an interesting feature piece on Chinalco Yunnan Copper Resources, an Australian company with Chinese backing that is partnering with Rio Tinto on three early-stage exploration projects…

March 22, 2012

Investors give miners another kicking after China manufacturing shrinks

None of mining's top companies escaped the carnage on Thursday after a survey of manufacturing in China showed activity slowed for a fifth straight month.

March 22, 2012

Big guns all on board for Beijing’s new spot iron ore trading platform

Beijing launched the new spot price platform in January in a bid to shift the balance of power in price negotiations away from the big three.

March 21, 2012

Aussie tax may have silver lining in higher coal, iron ore prices

The 30% tax on iron ore and coal producers passed by the Australian government may raise the prices of those commodities but will also shrink margins of steelmakers, analysts say.