July 29, 2011

Vale to invest more than USD 6 billion on port and rail expansion

Iron ore miner Vale announced plans to invest more than USD 6 billion in expanding its port, railway and potash production capacity to keep up with booming demand for raw…

July 29, 2011

Anglo American CEO interviewed on half-year results

Anglo American, one of the world's largest miners, today reported strong first half growth with operating profit ahead 40% to $6bn. Chief Executive Cynthia Carroll said that investments made during…

July 29, 2011

Scandinavian reports big iron ore jump

Perth-based Scandinavian Resources has announced a dramatic jump in its Swedish iron ore resource from 200-250 million tonnes to 412.1 million tonnes.The company's shares shot up by four cents on…

July 29, 2011

Fortescue looks to court over MRRT

Emerging miners and even some states could launch legal action to fight the Mineral Resource Rent Tax, Fortescue Metals Group executive director Andrew Forrest says.The West Australian iron ore miner…

July 29, 2011

Murchison posts better iron ore production

After a horror few months for Murchison Metals, the Pilbara iron ore miner has at least posted positive production and shipping results. Murchison was forced to admit last month it…

July 29, 2011

CP: Palladon says mining partner CML completes $45-million loan for Utah mine

Palladon Ventures (TSXV:PLL) says mining partner CML Holdings has closed the second tranche of its $45-million loan to advance efforts to extract iron ore from the Iron Mountain project in…

July 29, 2011

Rev up for resources boom in China

Last week I sat down with Laura Mandaro from Marketwatch to discuss what’s currently driving commodity markets. One of the key drivers today is the robust economic activity and commodity…

July 29, 2011

NMDC to open new iron ore mine in Chhattisgarh

NMDC Ltd, India's largest iron ore producer and exporter in the public sector, said on Thursday it plans to open a new iron ore mine in Chhattisgarh.

July 28, 2011

Brazil Q2 Vale iron output rises 6 pct yr/yr

Brazilian mining giant Vale (VALE5.SA) said on Thursday iron ore output rose 6 percent from the year before as the company boosted production at most of its mines in Brazil.

July 28, 2011

African Iron Limited appoints new Chief Executive Officer

Simon Youds appointed as Chief Executive Officer.Mr Youds is currently Managing Director Australia of unlisted, manganese and chromite producer, Consolidated Minerals Limited.