June 9, 2011

Metinvest-backed united coal plans $350 million investment to expand coal mining in Eastern U.S.

United Coal Company (Blountville, Tennessee), a subsidiary of Ukrainian integrated mining and steel holding company Metinvest Holding LLC (Donetsk, Ukraine), is developing $350 million in coal mine projects in the…

June 9, 2011

Today in Commodities: USDA big news today

No curve balls from the USDA but as for food prices look for prices to stay elevated. Crude will settle approximately 1% […]

June 9, 2011

Alderon targets 800 million to 1 billion tonne resource at 28 to 32% iron with 2011 drill program launch

Alderon Resource announced that its summer/fall 2011 drill program has commenced at the 100% owned Kamistiatusset Iron Ore Project in western Labrador. The CDN $11 million program will consist of…

June 9, 2011

LIM Signs Impact Benefits Agreement With Innu Matimekush-Lac John

Labrador Iron Mines Holdings announced that it has signed a landmark Impact Benefits Agreement with the Nation Innu Matimekush-Lac John of Schefferville, Quebec, with regard to LIM's Schefferville Area direct…

June 9, 2011

Northland and Kiruna Wagon to design a prototype for new railcars

Northland is a development-stage mining company with a portfolio of iron ore projects in northern Sweden and Finland. The Company's Kaunisvaara Project will exploit magnetite iron ore deposits, feeding a…

June 9, 2011

Big Australian search for major new iron ore deposits

Australian prospectors are scouring remote outback locations for new sources of iron ore to rival the big western lodes dominated by Rio Tinto and BHP Billiton , spurred on by…

June 9, 2011

Commodity prices should snap higher in H2, dollar unlikely to recover until 2012 – Morgan Stanley

Ron Leven of Morgan Stanley has recently delivered a presentation under the auspice of ETF Securities Ltd. in which he outlined his […]

June 9, 2011

Queensland budget rests on getting mines to full production after floods

The credibility of the coal royalties estimates in next week’s state Budget will rest on the Queensland Government’s resolve to do more to allow the removal of flood waters from…

June 8, 2011

Spot iron ore prices recover as Chinese steel mills restock

Spot iron ore prices rose on Wednesday, as Chinese steelmakers replenished inventories that have run low after a record pace of steel […]

June 8, 2011

Extending the life of Australia’s iron ore industry

Adding just one year to the life of Australia’s iron ore industry could earn the nation a bonus A$56 billion according to an article published in the June 2011 issue…