Investment bank Goldman Sachs late Wednesday lowered its iron ore price forecast for 2017 by $5/dmt to $35/dmt CFR China after a faster-than-expected softening in seaborne prices. "Iron ore prices have reached our $40/dmt forecast one ...
Tags: iron ore price, steel
BC Iron reported Monday a 9% increase in iron ore exports over January-March to 1.22 million mt from its Nullagine 75:25 joint venture with Fortescue Metals Group from 1.12 million mt a year earlier. The exports were, however, down 20% ...
Tags: Iron Ore, iron ore exports
Australian iron ore development company BC Iron has announced its fiscal results for the first half ending December 31 of the financial year 2013-14, posting a net profit of A$70.3 million, significantly increasing compared to A$7.7 million ...
Australian iron ore development company BC Iron Limited has announced that in the quarter ended on December 31 it produced 1.35 million mt of iron ore, up 25 percent compared to the same quarter of the previous year. Regarding the ...
Australian iron ore development company BC Iron has said that stronger iron ore prices and lack of decline in Chinese steel production, typically associated with the December quarter, supports a robust long-term iron ore outlook. ...
Tags: BC, iron, Chinese, fundamental, support, long-term, outlook
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 ...
Australian iron ore development company BC Iron Limited has announced that in the quarter ended on June 30 it produced 1.58 million mt of iron ore, up seven percent compared to the same quarter of the previous year, while its iron ore ...
Tags: Iron Ore Shipments, Mineral
Australian iron ore producer BC Iron Limited has announced that in the financial year 2012-13 ended June 30 it has reached a record iron ore output of 5,003,005 wet metric tons from its Nullagine iron ore joint venture in the Pilbara region ...
Australian iron ore development company BC Iron Limited has announced that in the quarter ended on March 31 it produced 1.20 million mt of iron ore, up 49 percent compared to the same quarter of the previous year, while its iron ore ...
Tags: BC Iron, Iron Ore Output
Australian iron ore development company BC Iron has announced its financial results for the first six months ended December 31 of the financial year 2012-13, posting a net profit of A$7.74 million, up 42 percent year on year. In the first ...
Australian iron ore development company BC Iron Limited has announced that in the quarter ended on December 31 it produced 1.08 million mt of iron ore, down one percent compared to the previous quarter, while its iron ore shipments in the ...
Tags: iron ore shipments, iron ore, iron, ore
Millennium Minerals has demonstrated the ability of the process plant at its Nullagine Gold Project in the East Pilbara to run at sustained rates of 220 tonnes per hour, 30 tonnes above design. Importantly, the performance supports the ...
Tags: Millennium Minerals, process plant, Nullagine Gold Project, mining
Regent Pacific Group Ltd, the investment company that made an unsuccessful bid for BC Iron Ltd. last year, said that it may sell its 20% stake in the Australian iron ore producer to buy stakes in other miners. According to a statement ...
Tags: Regent Pacific Group Ltd, BC Iron Ltd, iron ore producer, Iron
Iron ore producer BC Iron said that its USD 190 million deal with Fortescue Metals to boost output to 6 million tonnes will not be affected by any sale of Fortescue's infrastructure assets. Fortescue Metals Group said that it was in ...
Tags: iron ore, BC Iron, Fortescue Metals, infrastructure assets
Iron ore stocks on the ASX have been buoyed by the recent increase in the price of the commodity,which reached its highest level since July.The broader Australian market made small gains across the day as investor sentiment rose on ongoing ...