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Resources Has Announced That It Has Undertaken a Number of Cost Reduction Measures

Dec 22, 2014

Australian miner Sundance Resources has announced that it has undertaken a number of cost reduction measures to ensure the management of its cash position while retaining the ability to move its Mbalam-Nabeba iron ore project into ...

Tags: cash position, Metallurgy

Anglo American Corporation's First Cargo of Iron Ore Left Export Terminal at Port of Au

Oct 28, 2014

UK-based mining giant Anglo American Corporation has announced that its first cargo of more than 80,000 mt of iron ore from its Minas-Rio iron ore project in Brazil has left the export terminal at the port of Au in Rio de Janeiro and is ...

Tags: Anglo American, Iron Ore, Energy

Ausenco Awarded The Contract to Deliver Engineering, Procurement and Construction Services

Sep 26, 2014

Australia-based Ausenco Limited has announced that its Brazilian subsidiary has been awarded the contract to deliver engineering, procurement and construction services for Brazilian miner Ferrous Resources' US$1.28 billion expansion of the ...

Tags: Ferrous Resources, Iron Ore

Vale's Plan to Carry out $4.59 Billion in Infrastructure Was Approved

Sep 13, 2014

Brazil's transport ministry approved Vale's plan to carry out $4.59 billion in railway infrastructure works, the ministry said. The project may facilitate the transport of iron ore from Vale's $ $17.1 billion Carajas Serra Sul iron ore ...

Tags: Metallurgy, Mineral, iron ore

SAFM Has Announced That It Has Entered Into a MoU

Aug 12, 2014

Australia-based South American Ferro Metals Limited (SAFM) has announced that it has entered into a memorandum of understanding (MoU) with the owners of the property adjacent to its Ponto Verde iron ore project in Brazil. The memorandum ...

Tags: Australia, Iron Ore, MoU, Metallurgy, Mineral

Rio Tinto Will Contribute to a Gradual Pick-up in Guinea's Mining Industry

Jun 13, 2014

In a statement released at the conclusion of its mission to Guinea, the International Monetary Fund (IMF) has said that the Simandou iron ore project of Australia-based miner Rio Tinto will contribute to a gradual pick-up in Guinea's mining ...

Tags: Mining Industry, miner

Mineral Resources Announced That It Acquired a 12.78 Percent Stake in Australia Resources

Jun 13, 2014

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

Iron Ore Prices Since It Is The World's Lowest-Cost Iron Ore Producer at $20/Mt

Jun 6, 2014

Australian miner Rio Tinto CEO Sam Walsh has talked to Bloomberg TV about the price volatility in the iron ore market, expressing confidence that Rio Tinto will be able to survive the decline in iron ore prices since it is the world's ...

Tags: Iron Ore, Rio Tinto

Cabral Resources Plans to Obtain All The Environmental Permits It Needs

May 29, 2014

Australia-based Cabral Resources plans to obtain all the environmental permits it needs for its Sincora iron ore project in the state of Bahia, Brazil, by September this year, the company announced this week. “Cabral is currently ...

Tags: Iron Ore, Cabral Resources

London Mining Is Seeking a Strategic Partner for Its Marampa Iron Ore Project

May 14, 2014

UK-based London Mining, a global diversified miner targeting the steel sector, has announced that it is seeking a strategic partner for its Marampa iron ore project located in Sierra Leone. In view of ongoing pricing volatility and the ...

Tags: London Mining, Marampa Project

Baffinland Received The Final Regulatory Approval to Begin The First Phase

May 7, 2014

Canada-based Baffinland Iron Mines Corporation (Baffinland) has announced that it has received the final regulatory approval to begin the first phase of extraction of iron ore in the Mary River project. Baffinland, 50 percent owned by ...

Tags: Iron Ore, Baffinland

Aquila Resources Limited Received a a$1.42 Million Takeover Offer

May 6, 2014

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

Rio Tinto Filed a Complaint in The US District Court for The Southern District of New York

May 4, 2014

Australia-based miner Rio Tinto has announced that it has filed a complaint in the US District Court for the Southern District of New York against Brazil-based miner Vale and BSG Resources Limited regarding mining concessions in Guinea. ...

Tags: Rio Tinto, mining license

Guinea Has Revoked The Mining Licenses for The Simandou and Zogota Iron Ore Projects

Apr 29, 2014

Brazilian miner Vale has announced that the Republic of Guinea has revoked the mining licenses for the Simandou and Zogota iron ore projects due to a technical committee report indicating that the mining licenses were obtained by Vale's ...

Tags: miner, Vale

Anglo American Corporation Has Announced Its Production Results for Q1 of The Current Year

Apr 25, 2014

UK-based mining giant Anglo American Corporation has announced its production results for the first quarter of the current year. In the given quarter, iron ore production from Kumba Iron Ore increased by 10 percent year on year to 11.3 ...

Tags: Iron Ore, mining giant

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