Anglo American plc announced the sale of its 70%interest in the Amapáiron ore operation in Brazil to Zamin Ferrous Ltd. The terms of the transaction are confidential and the transaction is subject to state regulatory approval. ...
Tags: Interest, Amapáiron, regulatory approval
Bellzone Mining announced that the first shipment of iron ore was dispatched from its Forecariah joint venture with China International Fund in the Republic of Guinea,West Africa. The company in a statement said that the shipment was made ...
Tags: Bellzone Mining, Forecariah, iron ore, Republic of Guinea
Almost every house in the vicinity of an iron ore mine in Goa's Sanguem, Sattari and Bicholim talukas is likely to have a 10 tonne tipper truck parked in its backyard. Some have 2, 3 or even 4 trucks parked. In all, there were about 25,000 ...
Tags: iron ore mine, Goa, Sanguem, India
Resource developers, especially in the rare earths space, are suffering from the market's obsession with immediate results, says Byron King, writer and editor for Agora Financial's Outstanding Investmentsand Energy & Scarcity Investor ...
Tags: Metallurgy, Mineral Energy, Rare Earth
Mount Gibson Iron Limited advises it has reached agreement with Royal Resources Ltd to acquire a substantial exploration landholding at Field's Find, 60 kilometer north of Mount Gibson's Extension Hill iron ore mine. The proposed ...
Tags: Mount Gibson Iron Limited, Royal Resources Ltd, acquisition
Metallurgical Corporation of China has decided to shelve an AUD 3 billion iron ore project in Western Australia as well as shut its Perth headquarters and withdraw all but five of its staff. The Australian said that that the state owned ...
Tags: Metallurgical Corporation, iron ore project, iron ore mine, iron ore
African Minerals Limited recently disclosed in a regulation filing that it now prefers to expand its existing rail and port infrastructure in Pepel, rather than develop a new port at Tagrin Point. This revised expansion is expected to ...
Tags: AML, African Minerals Limited, regulation, rail, port infrastructure
AFP reported that perched on a hill by the iron ore mine it was once built around, the sleepy northerly Swedish town of Kiruna is in the process of reinventing itself. It has to: in 4 years, it will have moved somewhere else. At the turn ...
Tags: Kiruna, iron ore mine, iron, ore mine
Reuters reported that African Minerals Ltd will expand its existing rail and port infrastructure rather than build a new port to serve its flagship iron ore mine in Sierra Leone,a move,will save it about USD 1 billion. African ...
Tags: rail, port infrastructure, expansion, iron ore mine
African Minerals continues to ramp up production at the Tonkolili iron ore mine in Sierra Leone. But, due to the impact of the extended wet season, it is likely that shipped production for the full year will fall below previous guidance. ...
Tags: African Minerals, iron ore mine, wet season, Guidance
Ahead of the first tranche of 9.59% disinvestment of government ownership of 99.59% of Hindustan Copper Limited, India’s only vertically integrated producer of the red metal, the company’s share traded in small lots at up to INR ...
Tags: India, red metal, copper, metal industry, copper price
It’s not India but China and Iran that Steel Authority of India Ltd might be serving initially from the iron ore mine at Hajigak in Afghanistan for which negotiations are at a final stage and signing of the project likely to happen in ...
Tags: iron ore mine, steel, iron ore, ore
Indian Express reported that the Indian steel companies' consortium that won the bid for the Hajigak iron ore mine in Afghanistan will have to finance the INR 40,000 crore to explore the mine and set up a steel plant from their own pocket ...
Tags: steel, project, finance ministry
Koreajoongangdaily reported that POSCO has been selected as a preferred bidder for a KRW 1 trillion (USD 922 million) deal to acquire a 15% stake in ArcelorMittal Mines Canada Industry sources with direct knowledge of the matter said that ...
Tags: iron ore price news, steel scrap buyers, steel suppliers
Reuters reported that Canada hoping to spur economic development of its far north has approved the construction of a massive iron ore mine in the Arctic territory of Nunavut that could help top steelmaker ArcelorMittal reduce its dependence ...
Tags: iron ore price news, jobs in mining, mining, gold mining game