February 2, 2012 Glenstrata: Not just mining’s biggest ever deal, a new kind of resource giant Glencore International is in talks with Xstrata to merge in a deal that would create a $80 billion rival to BHP Billiton, Vale, Rio Tinto and China's Shenhua. Here's a…
February 2, 2012 BHP splashing $917 million on new iron ore port BHP Billiton (NYSE:BHP) has approved close to a billion dollars to construct a new port facility in Western Australia.
February 2, 2012 thyssenkrupp to sell Inoxum to Outokumpu for $3.6B Germany's thyssenkrupp AG said Tuesday, Jan. 31, it will sell its stainless steel unit Inoxum to Outokumpu Oyj for €2.7 billion ($3.6 billion) in cash and shares after gaining clearance…
February 1, 2012 Iron ore billionaire Gina Rinehart is “gonna be the whole shooting match” after raiding media group The richest woman in the world, Gina Rinehart, on Wednesday dropped $200 million in "loose change" to more than double her stake in Australian newspaper group Fairfax to add to…
February 1, 2012 London Mining makes first shipment from Sierra Leone Junior miner London Mining’s stocks (LON:LOND) went up almost five per cent today as the company announced two major milestones: the first shipment of iron ore from its Marampa project…
February 1, 2012 Century Iron Intersects 45 Metres of 62.67% Total Fe at Lac La Fer in Hole LLFP3-11-004 Which Ended in Mineralization at 54 Metres CENTURY IRON MINES CORP. (TSX:FER) ("Century Iron" or the "Company") is pleased to announce new assay results which tested a Direct Shipping Ore ("DSO") target as part of the 2011…
January 31, 2012 Iron ore hits a wall After staging an impressive comeback from October's lows, the rally in iron ore prices seems to have run out of steam.
January 30, 2012 Australia dumps trucks: Nov-Dec mining machinery imports dropped 62%, suggesting no-one’s immune Australia's mining machinery imports fell 62% in November and December, the biggest fall since the global financial crisis, according to one of the country's largest freight forwarders of heavy equipment.
January 30, 2012 Warning on ore cargoes and liquefaction The Association refers to its previous warnings on the dangers of bulk cargo liquefaction problems, mainly arising from the carriage or mineral ore cargoes. The recent loss of two vessels,…
January 29, 2012 Snubbed by China, Vale diverts $100 million worth of iron ore cargoes to Philippines Vale SA is diverting iron ore shipments to the Philippines as a way of shipping its product to China, as the Asian economic powerhouse continues to resist super-sized vessels destined…
Iron ore logs annual gain in a dramatic recovery fuelled by steel exports Prices of the key steelmaking ingredient had come under pressure earlier this year on expectations of a supply glut and forecasts of faltering demand in China. December 31, 2025 | 09:27 am