October 26, 2011 Fortescue secures $1.5bn for expansion The company said Wednesday it has raised $1.5 billion worth of senior unsecured notes which will pay 8.25% per annum, to help fund its infrastructure expansion. (Reuters) - Fortescue Metals…
October 26, 2011 Iron ore falls as China cuts steel production The price of iron ore in the spot market plummeted on Tuesday to the lowest level since July 2010, dropping a hefty 7.2%
October 26, 2011 China iron ore destocking could take months-Fortescue Global iron ore prices, down nearly 30 percent since early September, could take months to recover as Chinese steel mills work off inventories, Australian miner Fortescue Metals Group said on…
October 25, 2011 Canadian iron ore project advancing An iron ore project in northeastern Canada whose proponent is calling "the next Consolidated Thompson," has taken an important step forward. Alderon Iron Ore Corp. (TSE:ADV) announced today it has…
October 25, 2011 Significant Federal Government milestone achieved for Lincoln Minerals’ proposed Gum Flat iron ore mine on SA’s Eyre Peninsula Lincoln Minerals Limited (ASX Code: LML) is pleased to advise that it has recently received the decision from the Commonwealth Department of Sustainability, Environment, Water, Population and Communities that the…
October 25, 2011 Arcelor dumps dearer Macarthur on Peabody Reuters reports ArcelorMittal has pulled out of its joint $5 billion bid with US giant Peabody Energy for Australian coking coal miner Macarthur, just days after the target's top shareholder…
October 25, 2011 FairStar to spend $300 million to build mining operations at its Steeple Hill iron ore project FairStar Resources (ASX:FAS) will spend $300 million to build a a mining operation at its Steeple Hill iron ore project in Western Australia. The company, which made the announcement on…
October 25, 2011 BlackRock sees opportunities in “oversold” mining equities The asset manager sees big opportunities in oversold mining equities, as "valuations are at very low levels" and predicts the recent fall in iron ore prices could lead to drop…
October 24, 2011 Rio: Iron ore price drop accelerating move to shorter contracts As the price of iron ore continues to tumble, Chinese buyers of the crucial steelmaking ingredient are backing away from quarterly contracts in favour of cheaper monthly contracts or spot…
October 23, 2011 Cancer therapy using iron ore Helicon Group, an Australian medical company, will spend $3 million to develop a cancer therapy that relies on magnets and iron ore. Nanoparticles of iron ore are injected into a…
AI boom set to turbocharge uranium demand in 2026 Investor surveys and asset managers point to AI-driven power demand tightening uranium supply and supporting higher prices into 2026. December 26, 2025 | 03:55 am
