October 16, 2011 Rio Tinto Simandou payment helping rebuild Guinea infrastructure A significant amount of Rio Tinto's $700 million payment to settle its dispute over the huge Simandou iron ore will be used to help mend the country's dilapidated infrastructure. The…
October 16, 2011 Essar Steel Ltd. begins construction of Minnesota iron mine The picturesque little town of Nashwauk, Minnesota is going through some big changes. On Tuesday the first beams in what will be an Essar Steel Ltd. taconite mine and iron-ore…
October 16, 2011 BHP rumoured to be bidding $1.3B for Brazilian iron ore producer Mining M&A is heating up with more takeover rumours, says The Australian, quoting a report from UK-based newspaper The Sunday Times. The Times reported that BHP Billiton (NYSE: BHP), the…
October 15, 2011 Price of Indian iron ore falls 12% in China Despite bans on export of iron ore from India, the price of the steelmaking ingredient has fallen in China. Business Standard reports that the price of iron ore originating from…
October 14, 2011 With ‘Global Ore’ BHP enters new age of iron Fox Business reports global number one miner BHP Billiton plans to create a new, more transparent system for pricing iron ore called Global Ore by the end of the year…
October 13, 2011 Rio rocks: iron ore output now tops half a million tonnes a day Rio Tinto, the world’s second- largest mining company, said third-quarter iron ore output and coking coal production reached record highs after recovering from disruptions caused by flooding in Australia earlier…
October 12, 2011 Global Steel Demand Growth To Slow in 2012 -Worldsteel -- Global apparent steel demand to be driven by developing economic growth and slower developed economic growth -- Chinese apparent steel demand to grow 7.5% in 2011 and 6% in…
October 12, 2011 Talks continue over permanent closure of ArcelorMittal wire rod plant KEYWORDS: ArcelorMittal , wire rod , Fontaine , Belgium , closure Talks that started in late August between ArcelorMittal management and workers’ representatives over the permanent closure of the company’s…
October 12, 2011 Eldorado Gold achieves record production Eldorado Gold (TSE:ELD) announced that it hit record production in the third quarter. Its three mines, Kisladag, Jinfeng, Tanjianshan and White Mountain, produced 179,195 oz in Q3 at a cash…
October 12, 2011 Globex Intersects Wide Zones of Manganese and Iron at its Woodstock New Brunswick Property ROUYN-NORANDA, QUEBEC, CANADA--(Marketwire - Oct. 12, 2011) - GLOBEX MINING ENTERPRISES INC. (TSX:GMX)(FRANKFURT:G1M)(OTCQX:GLBXF) is pleased to provide shareholders with the assay results of two drill holes, undertaken on our manganese-ir...
Silver price suffers biggest loss since 2021, gold price falls from record Earlier, spot prices had soared to as high as $83.63 per ounce. December 29, 2025 | 08:54 am
