August 2, 2011

Australia push for third Pilbara line

Atlas Iron managing director David Flanagan says just 12 million tonnes of annual iron ore production is needed to underpin construction of a third Pilbara railway line running into Port…

August 2, 2011

Rio tipped for $7.3bn profit

Cashed-up Rio Tinto is expected to post a first-half net profit of more than $US8 billion, driven by prices of iron ore, aluminium and copper. The earnings season gets into…

August 2, 2011

Australia’s Beijing bind

Australia's Treasurer Wayne Swan may soon have another foreign investment headache on his hands, as a Chinese entrepreneur says he has Beijing's backing to step around Australian investment rules and…

August 1, 2011

African Minerals jumps 7% after $1.5 billion China injection

African Minerals Ltd., closed up 7.1% in London on Monday after completing an investment accord with Shandong Iron & Steel Group Co bringing the counter's gains for the year to…

August 1, 2011

Indian companies deny allegations in $3.6 billion iron ore scam report

Platts reports Monday three of the 40 companies named last week in a Rs160 billion ($3.56 billion) iron ore anti-corruption probe report in India have denied all allegations of wrongdoing.…

August 1, 2011

India state-owned NMDC says iron ore export target may fall by 50%

India's state-owned miner NMDC feels that iron ore export target will fall by around 50 per cent during this fianancial year, said a top official. The ministry of steel is…

August 1, 2011

Australia mining boom has two speeds

Call it the two-speed mining boom. On the one hand, there are all the active miners and explorers attending Diggers & Dealers in Kalgoorlie who - provided they have a…

August 1, 2011

Krishnapatnam Port comes under scrutiny in India iron ore scandal

Times of India reports the Santosh Hegde Lokayukta report on illegal iron ore mining says export of illegal iron ore took place from Krishnapatnam port.

August 1, 2011

India: Nearly 10,000 tonnes of iron ore seized

NDTV reports less than 48 hours after the Supreme Court ordered all mining and transportation of iron ore in Bellary to stop, nearly 10,000 tonnes was seized.

July 31, 2011

Metso to supply comminution services to Northland Resources in Sweden

Metso has signed a contract with Northland Resources for a five-year mill lining service and inspection program for the Kaunisvaara project in northern Sweden.