July 6, 2011

Top 10 metals and minerals projects in Canada total $57.3bn

The Top 10 Metals & Minerals Industry projects in Canada are dominated by large-scale oil sands and metal mining projects. What was once considered a large project is being dwarfed…

July 6, 2011

Ferrexpo: Analysts positive on iron ore producer’s production figures

Brokers Collins Stewart and Evolution Securities were upbeat about iron ore producer Ferrexpo (LON:FXPO), which released production figures today. The firm reported numbers for the second quarter of 2011 revealing…

July 6, 2011

CAT in major autonomous truck milestone with Fortescue while Rio doubles its Komatsu driverless fleet

Caterpillar has made a key announcement on the progress of its autonomous truck program. Together with Australian dealer WesTrac, CAT has signed a Memorandum of Understanding (MOU) with Fortescue Metals…

July 5, 2011

Australian iron ore production and export to surge by 2012

Reuters reported that iron ore production in Australia, the world largest exporter of the steelmaking raw material is rising rapidly to keep pace with projected increases in China led demand.

July 5, 2011

Iron Ore-Shanghai rebar hits near 3-week top, gains seen capped

Shanghai steel futures rose more than 1 percent to their highest in nearly three weeks on Monday, chasing gains in Chinese equities, even as the outlook for steel demand remained…

July 5, 2011

Iron ore mine safety assured with 3D laser mapping

A state of the art laser scanning system supplied by 3D Laser Mapping has been used to improve safety of iron ore extraction in South Africa. The Riegl laser scanner…

July 5, 2011

Britain’s richest man to build giant Arctic iron ore mine

The Guardian reports the billionaire chief of ArcelorMittal Lakshmi Mittal is planning a giant new opencast mine 300 miles inside the Arctic Circle in a bid to extract a potential…

July 4, 2011

Proto Resources receives mining lease in Tasmania

Proto Resources & Investments has received a mining lease from the Tasmanian Government for the firm's Barnes Hill project near Beaconsfield, Tasmania, for an initial period of 15 years.

July 4, 2011

Murchison risks being run off the rails

Business Spectator reports the scale of the challenge confronting new Murchison Metals chairman, and former AGL chief executive, Greg Martin has been made clear by Monday’s presentation on the proposed…

July 4, 2011

IMX Resources reaches 500,000t shipped ore milestone from Cairn Hill in just 7 months

Economies of scale are now being reached at Cairn Hill, as unit costs per tonne are falling as production is being ramped up. Phase one ore at the operation is…