June 15, 2011 Japanese iron ore demand to surge in Q4 – Vale Brazilian miner Vale (VALE5.SA:Quote) expects iron ore demand in Japan to reach 90 percent of pre-crisis levels in the fourth quarter, the company's global marketing director Pedro Gutemberg said. "Japan…
June 14, 2011 Fortune Oil increases investment in Armenian iron ore mines Fortune Oil has increased its investment in Armenian iron ore mines after amending an option agreement. In January, Fortune took a 35% equity interest in Bounty Resource Armenia, a company…
June 14, 2011 WPG Resources receives go-ahead to mine Peculiar Knob WPG Resources announced on Tuesday it has reached a major milestone for the development of its flagship Peculiar Knob (pictured) iron ore mine south east of Coober Pedy in South…
June 14, 2011 Iron Road reports positive prefeasibility study results for Central Eyre iron project Iron Road Limited (ASX:IRD) is pleased to announce the results of a Prefeasibility Study (PFS) conducted over the Murphy South and Boo-Loo deposits at the flagship Central Eyre Iron Project…
June 14, 2011 HK limo company closer to $931m takeover of two Australian iron ore juniors Perth-based iron ore junior FerrAus is set to accept Hong Kong limousine and investment company Wah Nam International's $170m takeover offer after the HK company gained a controlling stake in…
June 14, 2011 Xstrata to begin iron ore shipments from Australia Xstrata Plc will start exporting iron ore concentrate to Asian buyers from Australia on Wednesday as part of a A$589 million redesign of its Ernest Henry copper and gold mine,…
June 14, 2011 China’s asset managers rushing to launch resource investment funds Chinese asset managers are rushing to launch funds that invest in natural resources and precious metals overseas, responding to feverish domestic demand for inflation-hedging tools.
June 14, 2011 Gowda family involved in iron ore exports: BJP Former prime minister and Janata Dal-Secular leader H.D. Deve Gowda's family exported over 150,000 tonnes of iron ore soon after his son became chief minister of Karnataka in 2006, the…
June 14, 2011 Glencore shares dip on results, bid denial Commodities trader Glencore (GLEN.L: Quote) is not considering a bid for embattled miner ENRC, its chief executive said, dismissing reports of a takeover after it disappointed the market with its…
June 14, 2011 Immigration surges as Australia’s mining boom resonates in Europe About 100 men in their 20s and 30s, filled a conference room at a Dublin hotel last week to hear a migration agent describe the personal fortunes waiting to be…
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