Australia-based miner Mineral Resources has announced that it has acquired a 12.78 percent stake in Australia's Aquila Resources Limited, buying more than 52 million shares in the company. Mineral Resources stated that it has the financial ...
Tags: Mineral Resources, miner
Australia's Atlas Iron in May made its first iron ore sale for delivery into India and is looking to add other Asian and European destinations, it said in a presentation Tuesday. China has been Atlas' traditional offtake market, with the ...
Tags: Iron Ore, Iron ore prices
China's steel production has plateaued and mills are focusing on complying with tougher anti-pollution measures instead of expanding capacity, a senior official at the China Iron and Steel Association (CISA) said on Wednesday. The fight ...
Tags: Steel Production, Iron, Steel
Australia-based Aquila Resources Limited has announced that it has received a A$1.42 million takeover offer from Baosteel Resources Australia Pty Ltd (Baosteel) and Australian rail and logistics company Aurizon Operations Limited (Aurizon) ...
Tags: Baosteel, Aurizon, Aquila Resources
Australia's Aquila Resources said Thursday its major shareholder China's Baosteel has increased its ownership to 20% after purchasing an additional 4.6% stake of the Perth-based miner. Baosteel acquired 15% of Aquila in 2009. Aquila ...
Australia-based Aquila Resources Limited announced that Sumisho Coal Australia Pty Limited, a wholly owned subsidiary of Sumitomo Corporation, has decided to pull out of a coal exploration partnership with Aquila. In April 2012, Aquila ...
Tags: Sumitomo, Coal Exploration
Australia-based Aquila Resources Limited has announced that it has decided to maintain its A$7.4 billion West Pilbara iron ore project on minimum expenditure for the remaining of the financial year 2012-13. In December 2012, Aquila stated ...
Tags: iron ore project, iron ore, steel
Australian shares rose slightly yesterday as global equity markets remained supported by tentative signs of improvement in China's economy. Fund managers tipped continued yield-based demand for Australian equities in particular, although ...
Tags: China, shares, global equity markets, economy
The West Australian reported that Aquila Resources will have to wait until at least March to resolve its funding dispute with West Pilbara iron ore partner AMCI, saying that an arbitration hearing will not be held until February 2013. The ...
Tags: iron ore, Aquila Resources, iron ore partner, iron, ore
Aquila Resources Limited refers to its previous announcements in which it advised that the Company and its JV in the West Pilbara Iron Ore Project, AMCI Pty Ltd, have not reached agreement on a proposed budget for the 2012-13 financial ...
Tags: iron ore projec, iron ore, budget, Iron, Ore
AAP reported that shares in Aquila Resources fell more than 3% on November 30th after the company said it could reduce its costs by USD 2.4 billion. The minerals explorer said that there was potential to reduce capital costs from USD 7.4 ...
Tags: Aquila Resources, West Pilbara, iron ore