August 22, 2011 WPG Resources gets rid of Peculiar Knob for $346 million OneSteel Ltd has bought iron ore assets in South Australia including Peculiar Knob from WPG Resources Ltd for AUD 346 million, as it focuses more on iron ore exports.
August 21, 2011 Anglo American’s fight for largest iron ore mine in Africa turns ugly South Africa’s Department of Mineral Resources, defending itself in court after awarding prospecting rights to a company linked to President Jacob Zuma’s son, will seek criminal charges against the plaintiff…
August 21, 2011 Iron ore price rise eclipses gold as China construction continues unabated Australia's Fortescue Metals, barely four year after starting commercial mining, said on Friday its year-on-year net profit surged 76% to just over $1 billion driven by resilient demand from China.…
August 20, 2011 SAIL plans to raise $87 million through bond sale Dow Jones reported that state run Steel Authority of India has raised INR 4 billion (USD 87.5 million) through a bond sale, three people familiar with the matter said. The…
August 20, 2011 Essar Steel Orissa charged with green violation Economic Times reports that Wildlife Society of Orissa has accused the Orissa government of not asking Essar Steel Orissa Ltd to stop dredging sand from the bed of River Mahanadi…
August 19, 2011 Labrador Iron Mines loses $4.7-million in Q1 2012 Labrador Iron Mines Holdings Ltd. has filed its unaudited financial statements and management's discussion and analysis for the first quarter of fiscal year ending March 31, 2012. The documents are…
August 19, 2011 Japan July crude steel output almost flat Japan's crude steel output was almost flat in July from the previous month, as the strong yen hurt steel exports while carmakers ramped up production following a post-quake slump. Crude…
August 19, 2011 Mining giant: Profit up 80 per cent Fortescue Metals Group has almost doubled its full year net profit to $US1.02 billion ($A984.7 million) and declared its maiden final dividend amid strong iron ore demand.
August 19, 2011 Global Economic woes weigh heavily on revival in European steel market Steel market has been expectant of a revival in European and MENA region after the summer and Ramadan holidays. Aspirations for the revival are based on absence of buying in…
August 18, 2011 In Sierra Leone youths riot over iron ore Police in Port Loko have confirmed that dozens of youths were arrested at the Sanda Magbolotor Port Loko district, including a Councillor and the driver of a Member of Parliament…
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