June 23, 2011

Commodities fall most in seven weeks

Bloomberg reports that commodities dropped the most in seven weeks after the International Energy Agency announced plans to release emergency oil supplies.Gold for August delivery fell 2.4 percent to $1,516.60…

June 23, 2011

China sticks to ban on favourable power tariffs for energy-intensive sectors

China's top economic planner on Thursday reiterated a ban on favourable power tariffs for power-intensive sectors as the world's second-largest electricity consumer struggles to deal with its worst power crisis…

June 23, 2011

Cap-Ex Ventures: airborne identifies high priority DSO targets at Lac Connelly

Cap-Ex Ventures announced it has received and interpreted the preliminary data from the recently completed Airborne FALCON Gravity Gradiometer and High Sensitivity Magnetometer survey, conducted by Fugro Airborne Surveys Corp.…

June 22, 2011

Iron Road Limited (ASX:IRD) Raises A$21M to Advance Central Eyre

Iron Road Limited (ASX:IRD) is pleased to announce it has successfully raised A$21.6 million to further advance the Central Eyre Iron Project following the recently completed positive prefeasibility study. "The…

June 22, 2011

Central Iron Ore Limited: AUD$15 Million Perinvale North Iron Ore Hub Farm in and Joint Venture

Central Iron Ore Ltd. (the "Company" or "CIO") is pleased to announce that it has, through its subsidiary Central West Resources Pty Ltd, entered into a farm in and joint…

June 22, 2011

Iron ore mine plans on hold in northern Wisconsin

The company looking to build a $1.5 billion iron ore mine in northern Wisconsin has stopped the project until state lawmakers agree […]

June 22, 2011

Vale reroutes world’s biggest dry-bulk carrier bound for China to Italy

Brazilian mining giant Vale said on Tuesday it rerouted 391,000 tonnes of iron ore, its first cargo aboard a new class of giant bulk carriers, to Italy from its original…

June 21, 2011

Flinders Mines drilling moves Pilbara Iron Ore Project closer to Measured Resource

Flinders Mines is making strong progress with its drilling program at the Pilbara Iron Ore Project in Western Australia, with over 50 kilometres of drilling completed since the previous resource…

June 21, 2011

Iron ore miner battles with Brazil project amid takeover talk

Dow Jones reports a Khazakhstan mining and metals group says it's forging ahead with plans to build a $2 billion iron ore mine in northeast Brazil despite major logistical and…

June 21, 2011

Australia trims outlook for iron-ore exports

Marketwatch reports Australia's government commodities forecaster Tuesday trimmed its projections for iron ore and coking coal exports over the coming financial year, and forecast prices for both raw steelmaking ingredients…