October 18, 2011

Central Steel nixes $264M offer: banker

KEYWORDS: Central Steel & Wire , Samuel Son , purchase offer , Edelman & Co Canadian metals distributor and metal products manufacturer Samuel, Son & Co. Ltd. has withdrawn a…

October 18, 2011

BHP Billiton approves USD 1.2 Billion for First Phase of Olympic Dam Project

BHP Billiton has approved USD 1.2 billion in pre-commitment capital for the first phase of the Olympic Dam Project to develop an open pit mine in South Australia. The funding…

October 18, 2011

Bosnia Railway Strike May Halt Arcelormittal SA Production In Serb Republic-Reuters

October 17, 2011

Ecometals Limited Announces Closing of a Share Placing and Loan Financing as Well as an Extension to the Closing of Sale of Serra Do Navio Manganese Project

Ecometals Limited (the "Company") (TSX VENTURE:EC)(FRANKFURT:GDQ)(BERLIN:GDQ) is announcing today the closing of a private placement (the "Offering") raising gross proceeds of CDN$130,000 whereby 650,000 units of securities of the Company…

October 17, 2011

Rockex Airborne Survey Identifies Iron Formations at Its Lake St. Joseph Properties

Rockex Mining Corporation ("Rockex" or the "Company") (TSX:RXM) is pleased to announce the results of an airborne high-resolution aeromagnetic survey flown over its Western Lake St. Joseph, Doran Lake and…

October 17, 2011

Gindalbie Metals September 2011 Quarterly Report

To date a total of $1.6 billion has been spent on the development of the Karara Project. Australian content currently makes up more than 90% of the construction cost including…

October 17, 2011

South Australian government approves Ironclad’s Mining Licence Proposal (MLP)

The emergence of Australia's newest iron ore mine took a significant step forward today with the South Australian Government approving IronClad Mining's (ASX: IFE) comprehensive Mining Licence Proposal (MLP) for…

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…