May 25, 2011 With slim pickings elsewhere bankers start targeting mines All the money sloshing around in the financial system has to be poured into something. The latest study of mergers and acquisitions in the resource sector show that two of…
May 25, 2011 SMH: Iron ore queen Gina Reinhart tops billionaires club The boom in resource industry wealth flowing from iron ore and coal exports to China and India has created a record number of billionaires in Australia, reports the Sydney Morning…
May 25, 2011 Resourcehouse’s fourth crack at Hong Kong listing delayed as commodity prices slump Hot on the heels of a lacklustre listing by Swiss commodities and mining behemoth Glencore, news comes of another multi-billion dollar natural resources IPO going awry. Resourcehouse planned to raise…
May 25, 2011 Iron ore deals contribute nearly 40% of global metals M&A during 1Q–PwC With stronger balance sheets, improved credit availability and stabilizing metal prices, PwC Tuesday forecast the recovery in global metals M&A is expected to continue for the balance of this year.…
May 24, 2011 Traders cautious on iron ore; spot prices remain unchanged Iron ore prices on the Chinese spot market were largely unchanged on Tuesday, with traders still unwilling to risk making purchases as they try to determine underlying demand in the…
May 24, 2011 Baosteel positive about getting approval for Zhanjiang project from government China's Baoshan Iron & Steel Co Ltd expects to receive regulatory approval for its coastal Zhanjiang project this year, Chairman He Wenbo said on Tuesday, despite government resolve to extend…
May 23, 2011 Bloomberg: Exxaro bids A$123 million for Territory in iron ore strategy South African coal miner Exxaro Resources has agreed to pay AUD$123 million for Territory Resources with the goal of producing 10 million metric tonnes of iron ore a year, Bloomberg…
May 20, 2011 ArcelorMittal launches CAN$2.1 billion dollar investment and the creation of 8000 jobs The investment will allow ArcelorMittal Mines Canada to increase its annual production of iron ore concentrate from 14 million tons to 24 million tons by 2013. AMMC is also evaluating…
May 20, 2011 Reports: Chinese steel giant says iron ore market is in a ‘bubble’ "Everyone who has money is rushing to invest in iron ore," Baosteel Group chairman, Xu Lejiang said on Friday, warning that supply may outstrip demand “sooner than expected” pushing prices…
May 20, 2011 Canadian Press: Chinese invest $73m in Quebec iron ore explorer Two Chinese state-owned companies have invested over $73m for a roughly 30% interest in privately-owned Century Iron's plans to export iron ore extracted at several properties in Quebec and Newfoundland…
Iamgold’s Lemelin thanks mentor for Africa option Bruno Lemelin recalls his first Iamgold boss urging him to join Essakane in Burkina Faso as regional politics began to unravel. December 26, 2025 | 05:00 am
