The Australian reported that Korab Resources has ended 2012 on a high, its stock more than doubling yesterday after selling its Winchester magnetite deposit in the Northern Territory for USD 33.2 million. Korab will receive a USD 16.6 ...
Tags: Korab Resources, magnetite deposit, Australia, stock
Strike Resources associate Cuervo Resources has intersected massive magnetite mineralization over at least 1,400 meter of strike at the Bob 1 target zone in the Cerro Ccopane iron ore project, Peru. Strike said that the mineralization ...
Tags: Cuervo Resources, magnetite mineralization, strike, iron ore project
OTTAWA, ONTARIO–(Marketwire – March 13, 2012) - Focus Metals Inc. ("Focus" or the "Corporation") (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) and partner SOQUEM Inc. ("SOQUEM") are pleased to report the results of the fall 2011 ...
Tags: Canada, Exploration, Quebec, Rare Earth
Royal Resources has signed an agreement to sell its Fields Find iron and gold tenement package in Western Australia to Mount Gibson Iron for a cash payment of USD 500,000. In addition, Royal may receive two mutually exclusive milestone ...
Tags: Royal Resources, iron, gold, iron ore
Fortescue Metals Group has kicked off the federal government approval process for an ambitious multi billion dollar magnetite iron ore operation south of Port Hedland that it says can produce 15 million tonnes of product a year for 45 ...
Tags: Fortescue Metals Group, iron ore, magnetite project, project
Afferro Mining said that the quality of the direct shipping ore found on its Nkout deposit in Cameroon further enhances its viability. Culled from 5 tonnes of direct shipping ore material, underlines why potential suitors are interested ...
Tags: Iron Ore Mining, Mining Jobs, Mining Gold, Coal Mining News
China Vanadium Titano-Magnetite Mining Co the largest non-state owned iron ore producer in Sichuan province said that its parent made a buyout offer of as much as HKD 2.06 billion (USD 266 million). According to a Hong Kong stock ...
Tags: China, Vanadium, iron ore producer, parent
Minerals has discovered a new high grade iron ore prospect at its Curnamona direct shipping ore project in South Australia. The company, which has a JV with Sinosteel on the project, identified the new prospect The Plumbago via ...
Tags: Minerals, iron ore, ore project, magnetite mineralization
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 ...
IMX Resources has marked another milestone for the Cairn Hill Mining Operation with the loading of its 3 million tonne of ore from Port Adelaide. The ship, with 76,400 tonnes of cargo, is scheduled to set sail for China on 20th December ...
Tags: ore, positive cash flow, rotating container system, capital estimate
South American Iron & Steel Corporation has been placed in pre open pending capital raising details. The company has projects in both Ecuador and Chile. The halt will last until the earlier of an announcement being made to the market, ...
Tags: Iron&Steel, magnetite iron ore, Metallurgy
Proactive Investors reported that Reedy Lagoon and its JV partners have being joined by Nippon Steel and Sumitomo Metal Corporation and Sojitz Corporation to explore the Bullamine iron ore project in Western Australia. Both the Japanese ...
Bloomberg reported that Hebei Iron & Steel Group led a group including Industrial Development Corp of South Africa Ltd in agreeing to buy Rio Tinto Group's Palabora Mining Co Rio will sell the companies a 57.7% stake for USD 373 million. ...
Proactive Investors reported that Charter Pacific Corporation has delivered results of Davis Tube Recovery tests on surface rock chip samples from the Kaoua El Khadra Iron Ore project that show the potential for concentrate grades of up to ...
Tags: metal industry, iron ore exploration, resources industry
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 ...