September 13, 2011

Ignace likely home for iron ore processing

The privately-held, First Nation family-owned company wants to develop an open pit mine which will create 700 construction jobs within two years and 300 permanent mine and processing jobs.

September 13, 2011

Aluminum threatens to overtake steel in auto manufacture

Industry Week reports that according to the Aluminum Association, the use of aluminum in automobiles has the potential to reach record highs by 2012. Steelmakers have led the way to…

September 12, 2011

LIM Added to S&P/TSX SmallCap Index

TORONTO, ONTARIO--(Marketwire - Sept. 12, 2011) - Labrador Iron Mines Holdings Limited (TSX:LIM) 2011 is pleased to announce that Labrador Iron Mines Holdings Ltd. has been added to the S&P/TSX…

September 12, 2011

Auryx Gold Corp discovers massive iron oxides at the Otjikoto Gold project, Namibia

TORONTO, ONTARIO--(Marketwire - Sept. 8, 2011) - Auryx Gold Corp. ("Auryx" or the "Company") (TSX:AYX)(NSX:AYX) is pleased to announce the discovery of two distinct zones of massive iron-oxides ("Fe-oxides") overlying…

September 11, 2011

China’s August iron ore imports gain 8 pct from July on demand

China, the world’s biggest buyer of iron ore, boosted purchases 8.3 percent in August to the highest in five months as demand and prices rose. Imports totaled 59.09 million metric…

September 11, 2011

Afghanistans Hajigak iron ore deposit draws bids from India, Iran, Canada

Bloomberg09/07/2011By - Afghanistans richest iron-ore deposit drew bids from an Indian government-backed group, two Iranian contenders and Canadas Kilo Goldmines Ltd. (KGL), an Afghan official said. Hajigak Iron Ore in…

September 11, 2011

Chonggang increases iron ore import linkages

According to the news released by Chonggang, Chonggang will complete stock transaction delivery with Australian Iron ore project based on the approvals by Sino Australia authorities. It is learned that…

September 11, 2011

Tianjin Pipe and Chonggang to build base in Changshou

It is reported that Chonggang Group and Tianjin Steel Pipe Group signed investment agreement recently in Chongqing City. According to the agreement, the two sides will jointly invest CNY 1.3…

September 11, 2011

Chonggang mining output to exceed 5 million tonnes

According to Mr Liu Jiacai GM of Chonggang, it is making efforts to achieve 5 million tonnes of self mining to shake off the import. Mr Liu said that they…

September 11, 2011

Benxi Steel to expand stainless output capacity by 2015

Liaoning Province based Chinese steel producer Benxi Iron and Steel Corporation has announced that it plans to expand its stainless steel production capacity to 800,000 tonnes by 2015. Benxi Steel…