Australian miner Fortescue has announced that in December 2012 it loaded 8.5 million mt of iron ore at its Herb Elliott port facility at Port Hedland, Western Australia, achieving a record 100 million mt annualized run rate. Fortescue ...
Australian miner Atlas Iron Limited has announced that production has commenced at its third Pilbara iron ore mine, Mt Dove, representing a key stepping stone towards achieving its near-term production target of 12 million mt per year. ...
Tags: Atlas Iron, production, Pilbara iron ore mine, Mt Dove
The Australian cited Mr Jim Beyer CEO of Mt Gibson Iron as saying that Mount Gibson Iron is set to step up its acquisition efforts this year as the group looks to challenge the perception that it offers little earnings growth. Mr ...
Tags: Mt Gibson Iron, acquisition, earnings, mining
The much-anticipated Tesla Model S, which started production last week, uses a lot of aluminum, and that has industry groups pleased as punch. Alcoa and the Aluminum Association released laudatory statements abut the Tesla Model S, a ...
Tags: Tesla Model S, aluminum, Aluminum Association, car
Shares of rare earth miner Molycorp Inc. (NYSE:MCP) were falling Thursday morning as the company’s president and chief executive, Mark Smith, left without explanation and the company revealed it was under investigation from the United ...
Tags: rare earth, Molycorp Inc, company news, mining
AAP reported that failed former Pilbara iron ore miner Murchison Metals has asked investors to support its buy back of shares before the company is wound up, but its largest shareholder won't be involved. Mercantile Investment, the ...
Tags: iron ore, Murchison Metals, mining, company news
Bloomberg reported that China, buyer of 65% of the world’s iron ore cargoes, expanded the destinations it got the commodity from this year with the first reported spot shipments from Oman, the Philippines and Sierra Leone. According ...
Tags: China, iron ore cargoes, destinations, Oman
Economic Times reported that just days after the state auditor faulted it for not having a specific strategy to acquire mines abroad, India's largest iron ore producer NMDC, which is sitting on a big cash hoard, it is not in any rush to buy ...
Tags: mining, India, NMDC, iron ore, foreign mineral assets
moneycontrol.com reported that Indian iron ore miner NMDC has reduced the price of iron ore lumps by 5.9% or INR 320 Per tonne for the current month mainly to align rates with the landed cost of the imported raw material. At a Board ...
Tags: India, iron ore, NMDC, raw material
Australian miner Sundance Resources has announced that it has been granted a mining permit by the Ministerial Council for the Republic of Congo to develop and mine the high grade Nabeba iron ore deposit. According to Sundance's statement, ...
Tags: Australia, Sundance Resources, mining permit, Nabeba iron ore deposit
According to the statistics provided by Brazil's National Union of the Industry of Extraction of Iron and Base Metals in October this year Brazil's iron ore exports amounted to 26.9 million metric tonne,rising by 22.5%YoY and up three ...
Business Line reported that NMDC is likely to hike prices of iron ore for January, as global ore prices rallied strongly this month in the wake of a demand revival from China. Sources said that the iron ore miner, which currently fixes ...
Tags: NMDC, iron ore, global ore prices, ore market
Business Standard reported that state controlled miner Odisha Mining Corporation will submit a fresh application for mining lease of Karlapat bauxite deposits after completing due verification of forest and non-forest land and quantum of ...
Tags: OMC, Karlapat bauxite, Kalahandi
Scheduled to be sent to the Brazilian congress in April 2011,the country's new mining regulatory framework is still waiting for the government to draw up three bills to regulate the sector. Local miners are not surprised by the continued ...
2012 has been a banner year for the Meyer Sound MINA line array loudspeaker, the smallest and youngest member of the MILO family line array loudspeakers, the company reports. Dozens of new installations in small- to medium- sized theatres ...
Tags: 2012, Meyer Sound MINA, loudspeaker, MILO family line