Business standard reported that with 6 out of 8 lessees moving the revision authority under Union mines ministry against the Odisha government in case of violation of Rule 37 under Mineral Concession Rules 1960, the state government is ...
Tags: iron ore price news, government of india, india business news, mining
Ferro Iron Ore Corporation announced that it intends to complete a non brokered private placement financing for gross proceeds of up to USD 1,000,000. In connection with the private placement, Ferro will sell up to 4,000,000 common shares ...
The West Australian reported that the most senior Chinese official to visit the barren Oakajee port site since the USD 6 billion venture hit a funding brick wall says the Middle Kingdom is frustrated that its many iron ore mines in the Mid ...
Tags: barren Oakajee port site, brick wall, iron ore, Oakajee project
Of late, there are allegations that the nation's largest iron ore producer, government owned NMDC, is exporting it to Japan at a much lower price than what the domestic steel industry pays. Also, with Mr CS Verma being the chairman of ...
Tags: ore producer, NMDC, sponge iron
The West Australian cited Mr Chris Ellison MD of Mineral Resources as saying that the company plans a spin out of its iron ore assets within the next 2 years. According to the company, over the past 3 years MinRes has quietly built a ...