December 21, 2011

Anglo American’s Kolomela iron ore mine delivers first ore

The miner said the $1 billion Kolomela iron ore mine in South Africa has exported its first shipment, putting the project ahead of schedule and on track to achieve full…

December 21, 2011

ArcelorMittal pulls out of Thai G Steel deal

Shares in the Thai steelmaker fell sharply on Wednesday after ArcelorMittal pulled out of a deal to buy a 40% stake in it.

December 21, 2011

China warns of Iranian iron ore import risks

In a spat similar to one the two countries had over crude that has seen Iranian oil shipments bound for country halve for January, China has warned local firms about…

December 21, 2011

Minas-Rio costs soar 15% to $5.78 billion

Anglo American (LON:AAL) has increased the capital expenditure budget for its largest project in development, the Minas-Rio iron ore mine in Brazil, by 15%, the London-listed major miner announced on…

December 20, 2011

Tenova acquires Bateman Engineering N.V.

Tenova, a worldwide supplier of advanced technologies and equipment for the iron & steel and mining industries, announces today the acquisition of Bateman Engineering N.V., a leading equipment supplier and…

December 20, 2011

Adriana signs joint venture with WISCO on C$13bn iron ore project

Adriana Resources makes progress on its Lac Otelnuk iron ore project in Quebec, inking a joint-venture agreement that sees Chinese steel-maker WISCO buy a 60 percent stake

December 20, 2011

JFE Steel sees slightly lower Q1 output than Q4

The Japanese steelmaker expects its crude steel production in the January-March to be flat or slightly down on than that of the October-December period.

December 20, 2011

Anglo American mulls sale of Amapa iron ore stake – sources

Several industry sources say the miner is considering selling its majority stake in the Amapa iron ore operation in Brazil to focus on its flagship Minas-Rio growth project.

December 19, 2011

London Mining delays first Marampa shipment

The miner has delayed the first shipment from its Marampa iron ore mine in Sierra Leone to January to allow it to use larger supramax sized vessels instead of handymax…

December 17, 2011

Jobs outlook strong in Australian mining sector – survey

Job seekers in the Australian mining and construction industry were likely to benefit from a favourable hiring climate in the first quarter of 2012, said recruitment solutions provider Manpower.