Kumba Iron Ore(Kumba)announces with regret that talks with a group of illegal strikers occupying the Company's Sishen Mine,to get them to leave the mine,have not been successful. As a result,they will now be notified to attend ...
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
Cam Iron the Cameroon subsidiary of the Australian based Sundance Resources Limited that carried out exploration of iron ore deposits in the country's east region has been awarded a mining agreement prior to the final stage in the mining of ...
Tags: iron ore, Cam Iron, deep water iron ore export terminal
Business Standard reported that Jindal Steel and Power will invest around USD 500 million in Cameroon to build a power plant, a railway line and an iron ore processing plant. The 500 MW thermal power station will be built in the ...
Tags: Jindal Steel and Power, ore, Cameroon, power plant
Reuters reported that Brazil's Vale SA is in no rush to sell its stake in Norwegian aluminum group Norsk Hydro ASA. Mr Murilo Ferreira CEO of Vale said that the company which is scaling back investments and focusing more on core iron ore ...
Tags: core iron ore operations, oil and gas exploration, stake
Bloomberg reported that Chinese leaders have signaled they will continue to support investment in iron ore in Western Australia despite the recent slump in demand for the bulk commodity. Beijing's most powerful economic planning agency ...
Australia's current account deficit widened in the 3 months through September as exports of coal and iron ore plunged amid falling commodity prices. The Australian Bureau of Statistics said that the shortfall in goods, services and ...
Tags: iron ore price news, mining australia, australia economy, iron
Baobab Resources Plc the iron ore base and precious metals explorer with a portfolio of exploration projects in Mozambique announced that the results of the resource estimation at the Ruoni Flats block of the Tenge/Ruoni prospect, 1 of six ...
Tags: steel scrap buyers, stainless steel, buy steel pipe, iron ore price news
Beowulf Mining revealed results yielding significant iron ore grades from the Kallak North deposit in Sweden. This year Beowulf drilled 23 holes for a total of 5,549 meter, at Kallak North. Assays released from the last four holes ...
Tags: iron ore, iron ore mining, mining, copper mining news
Reuters reported that Brazil's Vale SA expects a huge derivatives market in iron ore to eventually take shape as players seek hedging instruments to minimize risk from increasingly volatile prices. Mr Jose Carlos Martins who runs the iron ...
Tags: iron ore price news, iron fx, derivatives market, steel scrap price
Metals have been an integral part of our daily activity from time immemorial.They are available in a wide range of forms and have acquired great significance in both our personal and professional lives.Since the beginning of ...
Cam Iron, the Cameroon chapter of the Australian based Sundance Resources Limited that carried out exploration of iron ore deposits in the East Region has been given a mining convention, the second to the last stage in the mining of the ...
Tags: iron ore price news, iron, jobs in mining, mining
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
Business News Americas reported that Brazilian mining giant Vale's efforts to regain domestic market share include the strengthening of partnerships, such as the one with Korean steelmaker POSCO at the USD 4.34 billion Companhia ...
Business Line reported that Mr SK Mohapatra CEO of Dhamra Port Company Ltd, the TATA Steel-L&T JV that runs a port at Dhamra in Odisha, has welcomed the Indian Railways’ new initiative to attract private investments in rail projects ...
Tags: rail projects, investment, port rail project