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
Australia-based iron ore miner Mount Gibson Iron has announced its financial results for the first six months ended December 31 of the financial year 2012-13. In the given period, the company's net profit declined by 71.4 percent year on ...
Tags: iron ore prices, iron ore, iron ore miner
Swiss-headquartered iron ore miner Ferrexpo, whose main interests are in Ukrainian iron ore assets, has announced its financial results for the first nine months ended September 30, 2012. In the given period, Ferrexpo's net profit ...
Tags: iron ore miner, iron ore, miner
Australian iron ore miner Atlas Iron has announced it shipped a record 1.74 million wet metric tons of iron ore in the quarter ended on December 31, up 25.9 percent compared to the same quarter of 2011. Atlas stated that iron ore prices ...
Tags: iron ore, iron ore miner, iron ore prices
Angang Group Hong Kong, a subsidiary of Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Group Co. (Ansteel), has received approval from Australia’s Foreign Investment Review Board (FIRB) for the purchase of ...
Tags: Angang Group HK, FIRB, steelmaker, Ansteel, Gindalbie
AAP reported that Atlas Iron is on track to produce up to 7.7 million tonnes of iron ore in 2012-13. It is on track to produce up to 7.7 million tonnes of iron ore in 2012 -13 after bringing its third Pilbara iron ore mine into production. ...
Tags: iron ore, iron ore mine, iron ore miner, mines
PTI quoted CAG as saying that delays in awarding contracts have nearly trebled iron ore miner NMDC’s cost for developing two deposits to INR 15.06 billion. NMDC, which has around 16% share of the country’s total iron ore ...
Tags: NMDC, iron ore miner, iron ore, miner, iron ore production
AAP reported that Fortescue Metals Group shares are heading towards a 6 month high after breaking through USD 5 amid global optimism and an increase in the iron ore price. The Pilbara focused iron ore miner closed 2.4% higher at USD ...
Tags: Fortescue Metals Group, shares, iron ore price, company news
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
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
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
A report tabled by the Comptroller and Auditor General suggests, iron ore miner National Mineral Development Corporation has suffered revenue loss of INR 745.94 crore during 2007-10 for not revising the domestic prices of the steel making ...
Tags: Iron ore pricing, Iron ore, iron ore miner, steel output
and iron ore miner Arrium has shipped iron ore from its northern South Australian mines out of a newly expanded Whyalla Port for the first time. The move is the next stage in the company's ambition to become Australia's fourth largest ...
Tags: New Port, Steelmaker, company's ambition
Reuters reported that a new deepwater port on Australia's Indian Ocean Coast was supposed to be the showpiece of the country's decade long mining boom and open up a huge new iron ore belt to export to Asian markets. But twice in the past ...
Tags: Iron Ore Mining, Mining Jobs, Coal Mining News, Mining