UK-based mining giant Anglo American has announced that it has completed the sale of 100 percent of the Amapá iron ore operation in Brazil to Zamin Ferrous Ltd., a private international mining group that has been operating in Brazil, ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
UK-based London Mining, a global diversified miner targeting the steel sector, has announced that it has been granted an exclusive 30-year exploitation license for its wholly-owned Isua iron ore project in Greenland. The Isua project with a ...
Tags: Iron Ore Project, Mineral
Chalco Hong Kong Ltd, has agreed to sell its equity stake in Chalco Iron Ore Holding to Chinalco Overseas Holdings to ease funding pressure from the joint venture Simandou iron ore project in Guinea, Chalco said in a filing to the Hong Kong ...
Tags: Iron Ore Project, Chalco
British mineral exploration and development company Afferro Mining Inc. has announced that British Columbia Supreme Court has issued a final order approving the previously announced proposed acquisition of Afferro Mining by UK-based iron ...
Tags: Afferro Mining, iron ore
Oman’s Anvwar Asian Investments (AAI) has settled with Ferrum Crescent to buy a 35% stake in Ferrum Iron Ore. AAI will pay Ferrum Crescent US$10 million for the shareholding and also invest USD 3.5 million to the Moonlight iron ore ...
Tags: Ferrum Iron Ore
Australian iron ore development company BC Iron has announced its fiscal results for the financial year 2012-13 ended June 30, posting a net profit of A$48.8 million, down 3.5 percent year on year. In the given year, BC Iron's sales ...
It is learned that Tata Steel’s iron ore project in Canada will produce 1 million tons of iron ore in fiscal year 2014, which will boost the company's European operations. According to Tata Steel Minerals Canada, a 80% owned ...
Tags: Iron Ore Project
It is reported that the Taiwanese firm, Formosa Plastics Group has agreed to buy nearly a third of a new iron ore project in Australia. The FMG Iron Ore Bridge project in Western Australia is 88% owned by Fortescue and 12% by Baosteel. ...
Tags: Formosa Plastics, Iron Ore
It’s reported that China’s Hebei Steel has completed the project of buying PMC. Now it becomes the largest shareholder of South African miner Palabora Mining Co (PMC). It buys the 74.5% stake of PMC which was owned by Rio ...
Tags: Hebei Steel
Wuhan Iron and Steel Group (Wisco), a Hubei Province and reputable large state-owned integrated steel company has owned 60% shares and begins its biggest iron ore project in Liberia Africa, mainly to achieve nearly 1 million tons of iron ...
Tags: Iron Ore Project
On August 2, Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Co. (WISCO) announced that the first phase of the Bong mine iron ore project in Liberia was successfully commissioned on July 30. WISCO owns a 60 percent ...
Tags: Iron Ore
Brazil-based mining giant Vale has announced that it has obtained the installation environmental license (LI) for its Carajás S11D iron ore project, the highest grade and lowest cost world-class project in the industry. With the ...
Metallurgical Corp. of China Ltd. (MCC, SHSE: 601618 and SEHK: 1618) is said to sell a majority stake in west Australia-based Lamber iron ore project. People close to it disclosed in an interview recently that it was busy looking for ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
Australia-based iron ore company Centaurus Metals Limited has announced that it will commission its flagship Jambreiro iron ore project in Brazil in mid-2014 instead of at the end of 2013 as originally planned. Centaurus said that it has ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
Australia's Vortex Pipes Limited has announced that it has entered into option agreements to acquire up to 100 percent of the Snelgrove direct shipping iron ore project located in Newfoundland Labrador, Canada, from Canada-based Cap Ex Iron ...