September 23, 2011 London Metal Exchange could sell out Bloomberg reports the London Metal Exchange which handles some 80% of global trade in industrial metals futures, told members it may get a takeover offer after multiple approaches from potential…
September 23, 2011 Did China break the iron ore cartel? Maybe not There is a good deal of doubt on the Iron Ore outlook over the next few years, most of it is predicated on an ongoing downturn in the global economy,…
September 23, 2011 China’s Sichuan Hongda signs $3bn Tanzania coal, iron deal China's Sichuan Hongda has signed a $3-billion deal with Tanzania to mine coal and iron-ore in the resource-rich east African country, local media said on Thursday.The investment involves construction of…
September 23, 2011 New pig iron technology demonstration plant now running in Brazil Brazilian diversified mining group Vale, the world’s second largest miner in terms of market capitalisation, has announced that it has started up a demonstration plant to test and further develop…
September 23, 2011 WA Premier won’t extend Oakajee deadline PERTH (miningweekly.com) - Western Australian Premier Colin Barnett reportedly refused to extend a December 31 deadline for a final decision on the development of the multi-billion-dollar Oakajee port and rail…
September 22, 2011 Big 3 profits threatened as iron ore to begin first price drop since 1982 Iron ore's 20-year price run is likely to come to an end in the next three years, according to new data from Bloomberg, with a surge in supply set to…
September 21, 2011 Global miner Rio Tinto says customers asking for commodities shipment delays Global mining giant Rio Tinto plc says some of its customers are asking the company to delay shipments of iron ore and other metals as the global economy slowdown is…
September 21, 2011 Macarthur Minerals increases its Snark and Drabble Downs direct shipping hematite mineral resource by 46% to 14 million tonnes Macarthur Minerals Limited (TSX VENTURE:MMS)(OTCQX:MMSDF) ("the Company") is pleased to advise of a 46% increase in the Hematite Goethite Mineral Resource estimate for its Snark & Drabble Downs potential DSO…
September 21, 2011 Indian iron ore corruption scandal spreads to Goa The Hindustan Times reports that Goa's mining minister, Digambar Kamat, is being accused by the BJP party and members of his own party for participating in illegal mining. The website…
September 21, 2011 BHP’s China sales jump, but weaker growth a risk China's position as the world's economic engine is being reinforced as expectations for growth in developed markets wane, but so is the risk a decline in its appetite for metals…
Iron ore price nears best close since November on year-end metal rally The steelmaking ingredient advanced for a third straight session in Singapore, climbing nearly 1.8% to as much as $106.55 a ton in intraday trading. December 29, 2025 | 07:51 am
