September 28, 2011

China’s iron ore growth to be limited by quality-Baosteel

QINGDAO, Sept 28 (Reuters) - China's iron ore production growth will be limited due to a decline in quality and rising labour costs, a senior executive from Baosteel Group said…

September 27, 2011

Canadian stocks gain on metals and mining rally

SAN FRANCISCO (MarketWatch) -- Canadian stocks climbed 2.4% in midday trading on Tuesday, led by strength in metals and mining shares as world markets gained on optimism for more decisive…

September 27, 2011

ArcelorMittal formally commences iron ore production in Liberia

MONROVIA, Liberia Regulatory News: Important milestone in Liberia’s economic recovery achieved ArcelorMittal, the world’s largest steel and mining company, today commenced commercial iron ore production from its mining operations in…

September 26, 2011

Be Norwegian or Australian if you want a raise

Workers in Australia and Norway are getting pay raises, and they are getting paid for staying on the job, not greater productivity.

September 25, 2011

Wisconsin rewriting mining law to accommodate huge iron ore mine

The State of Wisconsin is being forced to weigh the age-old concerns over environmental protection versus economic development as it looks to rewrite its mine law to accomodate a huge…

September 25, 2011

32 of 54 iron ore mines in Goa illegal

Fresh revelations show that 32 of the 54 working iron ore mines in forest areas do not have the mandatory clearances under conservation laws.

September 24, 2011

Iron ore stock eating into fertile landmass in Goa

Long stretches of fertile paddy fields in villages of Navelim-Kudnem-Sankhalim in North Goa, have turned into big dusty grounds with piles of iron ore stocked on it. Locals here claim…

September 23, 2011

Mining jobs in Australia to more than double in next 20 years

Job growth in mining and mining-related work in Australia is expected to increase by over 100% by 2031, outpacing other sectors of the economy, The Courier-Mail is reporting. The website…

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,…