July 27, 2011

First Point Minerals is making rapid headway in Canada with its work on naturally occurring nickel-iron alloys

What, pray, is a nickel-iron alloy ore? That’s a question that holds no mystery to the management and shareholders of First Point Minerals, which has just identified its first drill-ready…

July 27, 2011

Fear beginning to replace greed as mining boom gets long in the tooth

Despite a flurry of mergers and acquisitions and a robust IPO market reports out on Wednesday suggest that fear is slowly replacing greed in the mining finance business. The Financial…

July 27, 2011

Amsa still assessing new iron ore project

ArcelorMittal South Africa (Amsa) is on target to complete the due diligence being carried out on a potential new iron ore mine in the Northern Cape by September. Amsa CEO…

July 27, 2011

Afferro Mining Inc. – shareholding update – Capital Research And Management Company

Afferro Mining Inc. ("Afferro" or the "Company"), the TSX-V / AIM (AFF) listed exploration and development company with iron ore projects in Cameroon and Liberia, was notified that on July…

July 27, 2011

India to be 2nd largest steel producer by 2013

Shri Beni Prasad Verma, Union Minister for Steel, said that India will become the world's second largest producer of steel by 2013.

July 26, 2011

New $1.5 billion nickel mine can start dumping waste in PNG ocean

Australia's Highlands Pacific and China Metallurgical Group can now power on their $1.5 billion Ramu nickel project in Papua New Guinea after a judge threw out the environmental challenge to…

July 26, 2011

Indian iron ore mining mess – Drop three ministers over illegal mining

An NGO waging a battle against illegal mining asked Karnataka chief minister Mr BS Yeddyurappa to drop three ministers of Bellary including tourism minister Mr G Janardhana Reddy from the…

July 26, 2011

China target to break Big 3 grip on iron ore

China Daily cited an industry official said China the world largest steelmaker and iron ore consumer has set a target of dramatically increasing ore imports from Chinese invested resources in…

July 26, 2011

Can Goldman, Morgan Stanley recover commodities moxie?

At the once-feared commodity trading arms of Goldman Sachs and Morgan Stanley, the pressure to do better in the second half of this year has never been more intense.

July 26, 2011

Union power in Pilbara boosted by ruling

A landmark victory in the Federal Court looks set to give unions more power to bargain on behalf of workers at Rio Tinto and BHP Billiton iron ore operations in…