November 11, 2011

Brazilian Metals Group delivers maiden 459 million tonne iron JORC Resource in Brazil

Brazilian Metals Group ( ASX: BMG ) is progressing the company goal of developing a substantial mining enterprise in northern Minas Gerais, Brazil, and has now delivered a milestone in…

November 11, 2011

Foreign powers eyeing $3 trillion Afghan resource spoils

While peace in Afghanistan still looks to be a utopian dream, AFP reports that developing nations like China and India are eager to make resource deals in the troubled country…

November 10, 2011

Salmon River increases previously announced private placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 10, 2011) - Salmon River Resources Ltd. ("Salmon River" or the "Company") (TSX VENTURE:SAL) is pleased to announce that the part and parcel private placement…

November 10, 2011

Australian iron ore magnate Forrest returns to nickel

Reuters Africa reports a company chaired by Australian iron ore magnate Andrew "Twiggy" Forrest wants to reopen a nickel mine in Western Australia shut more than 15 years ago. A…

November 10, 2011

Iron ore miners pay the price of $30B expansion through higher royalties

Mega-miners BHP Billiton and Rio Tinto on Thursday learned the price of their planned expansions in the Australian Pilbara: increased iron ore royalties to the West Australian government. Sydney Morning…

November 9, 2011

Heavyweights shrug off October iron ore price crash, it’s all part of their strategy

Iron ore prices have turned around after crashing 30% in October, but longer term the outlook is not rosy for smaller players thanks in large part to the aggressive go-to-market…

November 9, 2011

Iron ore transport deal between Grängesberg Iron and the Swedish Transport Administration

Mining company Grängesberg Iron AB and the Swedish Transport Administration have signed a co-operation agreement on investigations regarding future ore train traffic between the iron ore mine in Grängesberg and…

November 8, 2011

Vale on iron ore price: after hitting 2-year low, the only way is up

Bloomberg reports Rio de Janeiro-based Vale SA, the world’s largest iron-ore producer, said prices for the raw material have stabilized and are recovering from “rock bottom” levels as a result…

November 8, 2011

Ridgemont intercepts 43% iron over 49 metres at Redford

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 8, 2011) - Ridgemont Iron Ore Corp. (TSX VENTURE:RDG)(OTCQX:RIOOF)(PINK SHEETS:RIOOF) ("Ridgemont") is pleased to announce additional assay results from the ongoing drill program on the…

November 7, 2011

Fly-in, fly-out ‘coal girls’ find rich pickings in Australia’s remote mining towns

The CourierMail reports fly-in, fly-out "working girls" travelling from as far away as New Zealand to the remote mining regions of Queensland and Western Australia are making as much as…