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…
January 15, 2012 Vale’s 350,000 Ton Cargo of Iron Ore to Be Auctioned to the Highest Bidder Brazilian iron ore producer Vale SA (VALE) will likely wait until the end of the Lunar New Year to sell a massive cargo of iron ore that was delivered into…
January 14, 2012 China’s largest steel company 2011 profits dive 43% Baoshan Iron & Steel Co Ltd, China's biggest listed steelmaker, said on Saturday its 2011 net profit fell 43.4 percent to 7.3 billion yuan ($1.2 billion).
January 13, 2012 Prospecting in Queensland just got much more expensive The Australian reports the Queensland government is going after speculative prospecting by what the state treasurer termed two-dollar shell mining companies, slapping the industry with $375 million in additional fees.…
January 13, 2012 Gold, iron ore found at Sandawana The Zimbabwe Mining Development Corporation has discovered gold and massive iron ore deposits at its emerald and tantalite Sandawana Mine in Mberengwa District.
January 13, 2012 Iron ore deficit looms this year in India The iron ore dynamics in India have reversed in the last one year. From a huge surplus until last year, the country has slipped into deficit, thanks to a stern…
January 13, 2012 Adriana Resources Inc. Announces Closing Of Joint Venture Agreement With WISCO Adriana Resources Inc. announced that it has successfully closed the transactions contemplated by the Joint Venture Agreement (the JV Agreement), as previously announced by Adriana on December 19, 2011, with…
January 12, 2012 Gindalbie launches skills search for Karara Metals developer Gindalbie Metals has launched a major new recruitment campaign for fly-in, fly-out workers to staff its A$2.57-billion Karara iron-ore project in Western Australia.
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
