July 7, 2011

TurkPower to acquire majority interest in Kuluncak iron ore mine

TurkPower Corporation announced the purchase of 50.09% working interest in Maksor Madencilik Sanayi Ve Ticaret Anonim Sirketi the 100% private owner of the Kuluncak iron ore project in Turkey.

July 7, 2011

PM urged to protect steel industry

A union leader has called on David Cameron to take long term measures to help the steel industry, after jobs in Lincolnshire and Teesside were cut.

July 7, 2011

Renewal of Long Term Agreements for supply of iron ore to Japan and South Korea through MMITC Limited

The Cabinet in its meeting held on 30th March, 2006 had authorised MMTC to engage in fresh Long Term Agreements (LTAs) with Japanese Steel Mills (JSMs), POSCO of South Korea…

July 7, 2011

India renews contract to supply iron ore to international firms

New Delhi, July 7 (IANS) The Indian government Thursday renewed long-term agreements to supply iron ore to international steel majors like Japanese Steel Mills (JSMs) and South Korean firm POSCO.…

July 7, 2011

Vale sees iron ore prices above $150 per tonne for the next 5 years – report

Brazil's Vale , the world's top iron ore miner, expects prices of the steelmaking raw material to remain above $150 a tonne for at least the next five years on…

July 7, 2011

Vale sees iron ore above $150/t next five years

SINGAPORE - Brazil's Vale , the world's top iron-ore miner, expects prices of the steelmaking raw material to remain above $150/t for at least the next five years on tight…

July 6, 2011

Mineworkers around the globe unite for higher wages

Unrest and strikes in Indonesia, Chile, Australia and Africa, a shortage of skilled workers in North America and rising labour costs all over the globe are quickly becoming the most…

July 6, 2011

Mongolia herder on mission to tackle mining firms

The destruction of Mongolia's grasslands to access a wealth of mineral riches has sparked an anti-mining movement led by a nomadic herder who says force can be used to bring…

July 6, 2011

Champion Minerals announces up to 139 metres of 52.8% total iron from the Attikamagen project

Champion Minerals announce assay results from the Attikamagen Project, which is wholly-owned by Champion and under option to Century Iron Mines Corp. ("Century Iron") and is located in north-eastern Quebec…

July 6, 2011

Indian iron ore giant homes in on Winmar Resources

Winmar Resources, a company backed by Fortescue Metals chairman Andrew Forrest, is expected to announce today a deal with an Indian iron ore giant that could lead to could lead…