July 17, 2011 India mining bill: states to get to call bids The Hindustan Times reports India's new mining bill will empower state governments to hand out leases, take up prospecting and exploration activities before mines and call for bids for commercial…
July 17, 2011 Citic Pacific’s budget blown as WA ore project costs soar The Australian reports China-backed Citic Pacific's $US5.2 billion West Australian iron ore project has been hit with a $US900 million budget blowout in another sign of growing costs in the…
July 17, 2011 Karnataka iron ore exports delayed State government is putting in place RFID tags, smart cards to regulate movement of ore traffic.Exports of iron ore from Karnataka are likely to be delayed by over three months,…
July 16, 2011 Brazil’s Minerinvest plans iron ore venture with European steel firm Brazilian iron-ore company Minerinvest Mineracao Ltda. is negotiating a joint venture with a European steelmaker and a European bank to mine two iron-ore deposits in Brazil's Minas Gerais state, a…
July 15, 2011 Iron ore spot price extends gains on firm Chinese steel demand Spot iron ore prices extended gains on Friday, driving a key global index to near two-month peaks, as steel mills in top producer China continued to restock the raw material…
July 15, 2011 Australia’s WPG fast-tracks Buzzard to operate parallel to Peculiar Knob Australian iron ore developer WPG Resources said on Friday it will bring forward its Buzzard direct shipping ore project at Hawks Nest in South Australia. Drilling at the site has…
July 15, 2011 Glencore to stop reporting quarterly results Glencore has decided to stop reporting its results every quarter, in a move that is likely to soothe tensions with Xstrata, the mining company in which it owns a 34…
July 15, 2011 Ternium is among the companies in the steel industry with a relatively low EBITDA growth (TX, SCHN, MT, WOR, RS) Below are the five companies in the Steel industry with the lowest EBITDA Growth (next year estimate vs. LTM). EBITDA Growth can be valuable in predicting future cash flow generation…
July 15, 2011 BHP drags market lower Local shares have closed lower, dragged down by losses in Australian mining giant BHP Billiton.The market also had a weak lead from overseas markets, after Federal Reserve chairman Ben Bernanke…
July 15, 2011 Spending $2,400 a month to keep a truck running in a mine BBC's Jeremy Clarkson, a car enthusiast who hosts the show Top Gear, ran a documentary on an underground mine in Kalgoorlie, Australia, and learned about the exceptional wear-and-tear exacted on…
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
