February 18, 2011

AMEC awarded major Chilean iron ore EPCM contract

Compañía Minera del Pacífico has awarded the EPCM contract or its Cerro Negro Norte iron ore mining projects to international engineering firm AMEC International engineering and project management company, AMEC,…

February 18, 2011

Ruling on misleading information by Fortescue overturned

Andrew "Twiggy" Forrest may face directorship ban following the overturning of an earlier court case by the Australian Federal Court Today proved to be a day of champagne followed by…

February 17, 2011

Cliffs shares jump 10% on better-than-expected profit

Cliffs Natural Resources CEO says the growth in profits came on the back of the group’s move to increase exposure to global […]

February 14, 2011

Iron-ore junior Alderon sees interest in Canadian project

Mining Weekly reports that iron-ore junior Alderon Resources, which has a project on the Labrador-Quebec border, has already been seeing interest from […]

February 11, 2011

Rio Tinto net earnings up 194% over last year

Rio Tinto announced net earnings of US$14.324 billion in 2010, up from US$4.872 billion in 2009. The company also announced a $5 […]

February 10, 2011

Coveted Chiria deposit will be mined by Steel Authority

Steel Authority of India Ltd. announced on Thursday that it had received government approval to mine Chiria deposits located in Jharkhand, India. […]

February 9, 2011

Rio Tinto to spend US$1.2 billion in Canada, Australia

Australia Business Reviews reports: Rio Tinto’s quest for world domination in the mining industry continues with its latest US$1.2 billion investments in […]

February 9, 2011

IOC to expand iron ore production

Rio Tinto has green-lighted an expansion of the Iron Ore Company of Canada (IOC)  facility in Labrador City, Canada. The second of […]

February 4, 2011

Iron ore prices remain stable while China slumbers

With China out of the picture for the Lunar New Year holiday, spot iron ore prices show minimal variation.

February 3, 2011

Mining magnates top Forbes list of richest Australians

Georgina Rinehart is Australia’s wealthiest individual with an estimated net worth of $9 billion, according to Forbes list of Australia’s 40 Richest […]