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.

January 12, 2012

Iron ore prices: Vale’s force majeure, cyclone Heidi vs China slowdown

Reuters reports spot iron ore was trading close to seven-week highs after a cyclone closed down the world's largest export terminal in Australia and heavy rains in three Brazilian states…

January 12, 2012

Exxaro bid puts Republic of Congo on iron-ore map

South Africa’s black-controlled diversified mining company Exxaro Resources is putting the Republic of Congo (RoC) on the map as a new African iron-ore development frontier with its R3-billion (A$338-million) cash…

January 12, 2012

Iron ore-spot hovers near 7-week high, Vale halts shipments

Iron ore steadied near seven-week highs, helped by supply disruptions in top exporters Australia and Brazil although lean Chinese demand is limiting the impact of fewer available fresh cargoes.

January 11, 2012

Heidi closes world’s biggest iron ore export terminal

Tropical cyclone Heidi hit the west Australian coast early on Thursday packing winds up to 120 kilometres per hour, forcing seaside residents to flee rising tidewaters and closing the world's…

January 11, 2012

Corruption commission investigating BHP’s FIFO camp

The WA Corruption and Crime Commission is investigating allegations of misconduct over BHP Billiton’s plans to add 6,000 extra fly-in-fly-out workers to Port Hedland.