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 ...
Serge Miller, the chief executive of ArcelorMittal Mines Canada chief executive, stands down and completes the 36 years in the iron ore company. Steve Wood, ArcelorMittal’s vice-president of iron ore operations for the Americas region ...
Tags: Mines, ArcelorMittal, CEO
Toronto-listed miner Northland Resources has announced that its first iron ore shipment left the Port of Narvik, Stockholm, Sweden on February 25. Northland's first shipment of approximately 55,000 mt of high grade iron ore concentrate ...
Deerfield Beach, Florida-based CD International Enterprises, Inc. announced Monday that it has entered into a framework agreement with Minera MAPSA S.A., a Peruvian mining and exploration company, to establish a joint venture to explore ...
Tags: iron ore venture, iron ore, iron, ore
Australian iron ore miner Atlas Iron Limited has announced its financial results for the first six months ended on December 31 of the financial year 2012-13. According to the financial results, in the given period Atlas recorded a net ...
Tags: Iron Ore Prices, Iron Ore, Iron, Ore
Asian steel markets keep soaring as the import prices of hot rolled coil in South East Asia have hiked to US$670~690/ton in early February, up by nearly US$70/ton from the beginning of 2013 due to price up in Iron ore and production cut by ...
According to report, China’s Magang Mining Co., the subsidiary of Ma’anshan Iron & Steel Group (Magang), said it will start mining at Heshangqiao iron ore mine in Auhui province in June. The annual capacity is expected of 5 ...
Tags: Magang Mining, mining, iron ore mine
The sharemarket rose yesterday as defensive and high-yield stocks had broad-based gains after stronger-than-expected German business confidence data brightened the eurozone economic outlook and US earnings reports beat expectations. The ...
Tags: earnings, stocks, sharemarket
Panamax coal freight rates on established routes from South Africa's Richards Bay and Indonesia to India ended the week higher on Friday as grain cargoes in the Atlantic basin absorbed tonnages from both hemispheres, sources said. ...
Tags: coal freight, coal, Panamax freight
British mineral exploration and development company Afferro Mining Inc. has announced that it has signed a non-binding memorandum of understanding (MoU) with POSCO Africa (Pty) Ltd., a wholly-owned subsidiary of South Korean steel producer ...
Tags: iron ore projects, iron, ore
According to the provisional data released by the Japanese Ministry of Finance, in January this year Japan's iron and steel product exports came to 3.6 million metric tons, decreasing by 5.5 percent month on month and up 24.4 percent as ...
Tags: Steel Exports, Steel, steel product
Australia's three major iron ore ports were shut down on Monday, February 25, as the tropical cyclone Rusty was closing in on the coast of Western Australia, according to media reports. With rough sea conditions forcing suspension of ship ...
Tags: iron ore ports, iron ore, iron, ore
Australia-based iron ore explorer Baobab Resources has announced that it has completed the pre-feasibility study for its Tete iron ore project in Mozambique. The estimated resources in the project have increased to 725 million mt, up 60 ...
Australian iron ore miner Fortescue Metals Group has announced its financial results for the half year ended on December 31 of the 2012-13 financial year. In the given period, Fortescue's net profit decreased by 40 percent year on year to ...
Tags: net profit, iron ore prices, iron ore miner
The sharemarket has closed at a fresh four-year high as gains by financial stocks offset falls by the big miners. At close today, the benchmark S&P/ASX 200 index had risen 16.8 points, or 0.33 per cent, to 5098.7 points, while the broader ...
Tags: sharemarket, financial stocks, big miners