The Australian sharemarket closed marginally lower after investors decided to reap their profits later in the day. At the close today, the benchmark S&P/ASX 200 index was down 3.1 points, or 0.07 per cent at 4716.6, while the broader All ...
Tags: Australian sharemarket, investment, economy
Sweden-based mining and exploration company Dannemora Mineral has announced its operational results for 2012 and the outlook for 2013. In 2012,Dannemora produced 939,000 mt of crude iron ore,including 492,000 mt of crude iron ore in the ...
Tags: Dannemora Mineral, iron ore production to reach full capacity
Swedish-based iron ore producer LKAB has announced that in December it has received the permit to resume operations at Gruvberget open-pit mine in Svappavaara, marking an important step for the company's plan to reach an annual output ...
Tags: Sweden, iron ore producer, LKAB, mine
Swiss-headquartered resources company Ferrexpo, whose main interests are in Ukrainian iron ore assets, has announced that in 2012 its overall iron ore pellet production decreased by 1.2 percent year on year to 9.7 million mt. The company's ...
Tags: iron ore pellet output, iron ore pellet, iron ore, iron ore assets
Kumba final results for the year ended 31 December 2011.Record safety,exports,earnings and dividends. Commenting on the results,Kumba Iron Ore("Kumba")CEO Chris Griffith said:"Driven by export volume growth and a 26%increase in iron ...
Tags: Kumba final results, operating, saftey, marketoutlook
PTI quoted CAG as saying that delays in awarding contracts have nearly trebled iron ore miner NMDC’s cost for developing two deposits to INR 15.06 billion. NMDC, which has around 16% share of the country’s total iron ore ...
Tags: NMDC, iron ore miner, iron ore, miner, iron ore production
Swedish-based iron ore producer LKAB has announced that in 2012 it shipped a record level of 26.3 million mt of iron ore, 300,000 mt above the previous annual record registered in 2010, including 22 million mt of pellets in 2012, beating ...
Tags: iron ore producer, LKAB, 2012, iron ore
AP reported that Minnesota collected a record USD 51 million in mineral revenues in the 2012 fiscal year. The Department of Natural Resources said that that up 44% over last year's record of USD 35.5 million. Most of the money goes ...
Tags: Minnesota, mineral revenues, mining, company news
Economic Times reported that just days after the state auditor faulted it for not having a specific strategy to acquire mines abroad, India's largest iron ore producer NMDC, which is sitting on a big cash hoard, it is not in any rush to buy ...
Tags: mining, India, NMDC, iron ore, foreign mineral assets
On December 31st, Hubei Province-based major Chinese steel producer Wuhan Iron and Steel Group announced that its Quebec, Canada based iron ore mining JV, Bloom Lake Mine, achieved an annual profit of RMB 350 million in 2012. The Bloom ...
Tags: Wuhan Iron and Steel Group, iron ore, mining, company news
Star Tribune reported that Minnesota iron ore production rose slightly in 2012, a third consecutive annual increase and another sign of the industry's recovery from a recession induced downturn. According to state data, taconite output ...
Tags: Minnesota, iron ore, production, 2012
On December 31, Hubei Province-based major Chinese steel producer Wuhan Iron and Steel Group (WISCO) announced that its Quebec, Canada-based iron ore mining joint venture, Bloom Lake Mine, achieved an annual profit of RMB 350 million ($56 ...
Tags: WISCO, iron ore mining, joint venture, Bloom Lake Mine, annual profit, 2012
The sharemarket is set to enter the final trading day of the year on edge after worries that US politicians would not be able to avert the looming fiscal cliff sent US stocks on their biggest one-day fall in more than a month. Futures ...
Tags: sharemarket, US politicians, fiscal cliff, stocks
First Nickel Inc announced preliminary fourth quarter and full year payable metal production for the Lockerby Mine in Sudbury,Ontario. Payable nickel production from the Lockerby Mine is expected to be below the previously disclosed ...
Tags: Nickel, Lockerby Mine, Sudbury
First Nickel Inc announced preliminary fourth quarter and full year payable metal production for the Lockerby Mine in Sudbury,Ontario. Payable nickel production from the Lockerby Mine is expected to be below the previously disclosed ...
Tags: First Nickel, Lockerby Mine, Ontario