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…

July 3, 2011

CIS originated pig iron to Europe stable

It is reported that pig iron shipped from Commonwealth of the Independent States maintained stable in European market last week. Yet, rumors spreading through the market players warn that the…

July 3, 2011

Evraz Group plans to build new section rolling mill in southern Russia

It is reported that Russian mining and steel producing company Evraz Group is going to build a new section rolling mill in southern Russia. The production capacity of the mill…

July 3, 2011

Cherepovets Steel Mill installs new loading crane at its converter plant

It is reported that Cherepovets Steel Mill, a subsidiary of Russian steelmaker Severstal has started installation of a new loading crane No 8 at its converter plant worth RUB 800…

July 3, 2011

Gindalbie Metals joins cost blowouts list

It is reported that Gindalbie Metals has joined a growing list of West Australian miners confirming major cost blowouts on significant projects as it flags a 62% jump in operating…