February 10, 2012

$30bn in new steel plant investments in jeopardy – Karnataka

A report submitted by a panel proposing that annual iron ore production in the southern state be capped at 30 million tonnes is expected to impact steel capacity investments the…

February 10, 2012

Century Iron Mines Corporation announces Duncan Lake iron ore project phase II drilling, update

TORONTO, ONTARIO--(Marketwire - Feb. 10, 2012) -

February 9, 2012

Iron ore, check; Indian companies now looking to bid on Afghan copper, gold deposits

After achieving a toe-hold in Afghanistan with the award of a major iron ore contract, Indian companies are turning their attention to the troubled country's copper and gold reserves.

February 9, 2012

Salmon River announces US$2 million loan

Salmon River Resources Ltd. ("Salmon River" or the "Company") (TSX VENTURE:SAL) is pleased to announce that it has entered into a loan agreement (the "Loan Agreement") with Rigdon Limited ("Rigdon"),…

February 9, 2012

Rio Tinto commissioned report highlights automation benefits

A BAEconomics report, commissioned by Rio Tinto to look into the benefits and costs of autonomous technology, has concluded that investment in mining technology and innovation should sustain long-term competitiveness…

February 8, 2012

Loose lips sink ship for the Xstrata boss

The Deutsche Bank and JPMorgan bankers must have been sweating in the London hotel room on Tuesday night where their client, the Xstrata boss Mick Davis, vented his frustration that…

February 8, 2012

Rio Tinto to invest a further US$3.4 billion in expansion of iron ore operations in Western Australia

Rio Tinto has committed a further US$3.4 billion (Rio Tinto share $2.9 billion) to the major expansion of its Pilbara iron ore operations in Western Australia.

February 8, 2012

Indian iron ore mining mess – Supreme Court panel moots market rates for Karnataka iron ore

Iron ore miners and consumers in Karnataka, including NMDC, the country's largest iron ore producer, and JSW, India's largest private sector steelmaker, will have to grapple with higher costs and…

February 8, 2012

Cliffs Natural To End Michigan Iron Nuggets Joint Venture

Cliffs Natural Resources Inc. (CLF) said it will dissolve its Michigan iron nuggets joint venture with Kobe Steel (KBSTY) as coal and iron-ore producer Cliffs looks to focus on its…

February 8, 2012

BHP closing in on A$3.5 billion Gabon iron ore deal – report

BHP Billiton Ltd. (BHP) is close to striking a A$3.5 billion deal with the government of Gabon over the Belinga iron ore project, which is said to contain about 4…