January 17, 2012 POSCO to pay $1.6bn to raise stake in Roy Hill Holdings The company plans to spend $1.6 billion to expand its stake in Roy Hill Holdings, an Australian iron ore miner of which it already owns 3.75%.
January 17, 2012 Race for Australian mine assets heats up In what is likely to be upbeat year for Australian mining M&A, some large Asian and U.S. companies are ready to bet on the country's coal, iron ore and uranium…
January 17, 2012 thyssenkrupp nears sale of stainless steel unit – sources A thyssenkrupp source with knowledge of the process said Monday the debt-burdened steel group is close to selling its stainless steel unit, with a deal likely to come as early…
January 17, 2012 London Mining JV partner files $650m counterclaim Aim-listed London Mining on Monday slammed a $650-million lawsuit by joint venture partner Wits Basin Precious Minerals as a tactic to avoid repaying its loan.
January 17, 2012 Commodities face twin macro risks in Europe, China, Morgan Stanley says Commodity markets face the “twin macro risks” of a European recession and a hard landing in China this year, according to Morgan Stanley.
January 17, 2012 Fortescue smashes shipped ore record Miner Fortescue Metals shipped a record 14.77 million tonnes of iron ore in the December quarter.
January 17, 2012 Record breaking tunnel will open up access for iron ore to new port in Brazil The Porto Sudeste tunnel project in Brazil features a 20.5 m wide tunnel and will accommodate four conveyor lines to become one of the widest tunnels of its type globally.
January 16, 2012 Iron ore expected to fall in 2012 but majors keep cranking it out The market for iron ore is likely to soften this year but industry leaders Rio Tinto and BHP Billiton are not pulling in production, betting that the slowdown in steelmaking…
January 16, 2012 Alderon announces closing of $40 million strategic investment Alderon Iron Ore Corp. (TSX:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce that it has closed a C$40 million strategic investment from Liberty Metals & Mining Holdings, LLC ("LMM"), a subsidiary of…
January 16, 2012 China launches first physical iron ore trading platform The country hopes the new platform will help strengthen its pricing power and wrest control from Vale, BHP Billiton and Rio Tinto, which between them control three quarters of global…
China’s November net gold imports via Hong Kong more than doubled from October Spot gold prices have risen about 72% this year, hitting a record $4,549.71 an ounce on Friday, the biggest annual gain since 1979. December 29, 2025 | 07:35 am
