February 17, 2012

Longest slump in iron ore since Oct on Chinese stockpiles

Iron ore dropped for a seventh day, the longest losing run in more than three months, as the biggest consumer China may slow buying because of increased stockpiles.

February 16, 2012

Sundance shares plummet on further takeover delays

Sundance Resources said Thursday approvals for its Mbalam project are only likely to come in 2 months, further delaying a $1.4bn bid by Hanlong.

February 16, 2012

Cliffs Q4 profit down but annual profit up 59%

Despite a drop in net income in the fourth quarter, Cliffs Natural Resources (NYSE:CLF) is reporting a record profit of $1.6 billion, or $11.48 a share - a 59% increase…

February 16, 2012

Vale profits fall 21% after bending to Chinese steelmakers

Vale is the world's largest producer of iron ore and a top nickel miner, reported a quarterly net profit of $4.67 billion, compared to $5.9 billion in the same quarter…

February 15, 2012

Everyone wants a piece of Northland

The company, advancing iron ore projects in Sweden and Finland, decided to increase the size of the equity offering announced earlier in February due to "high demand" . Together with…

February 15, 2012

Conditional approval for Cloudbreak Iron Ore Mine expansion in WA

The Environmental Protection Authority (EPA) of WA has recommended strict conditional environmental approval for Fortescue Metals Group to expand their Cloudbreak Iron Ore Mine.

February 14, 2012

Alderon Iron Ore Corp.: Federal Government Announces Investment in New Multi-User Deep Water Dock at the Port of Sept-Iles

Alderon Iron Ore Corp. CA:ADV +1.55% (otcqx:ALDFF) ("Alderon" or the "Company") is pleased to announce that the Honourable Denis Lebel, Minister of Transport, Infrastructure and Communities, along with the Honourable…

February 14, 2012

LIM Signs 2012 Iron Ore Sales Agreement With IOC

Labrador Iron Mines Holdings Limited (TSX:LIM) is pleased to report that it has entered into an agreement with the Iron Ore Company of Canada ("IOC") for the sale of all…

February 14, 2012

Teck buy-in rumour has Fortescue shares jumping 5%

Fortescue Metals was up 5% Monday on rumours that Canadian coal and copper/zinc miner Teck Resources is making a play for the third-largest iron ore producer in Australia.

February 13, 2012

Iran sanctions: Trade with number 6 iron ore exporter heading to zero

Although some Asian firms have found creative ways of doing business with Iran, European iron ore traders and shipping companies are shying away completely from transacting with the country as…