January to July this year saw the prices of most metals touch new highs, with iron ore being no exception. Among the most widely used raw materials in the world, iron ore saw an unprecedented surge in demand in the run-up to...
A company planning to mine for iron ore in northwestern Labrador hopes to start production late next year, despite the global financial crisis. Labrador Iron Mines has rights to deposits near the Labrador-Quebec border that...
Round one of a rumble in the Sierra Leone jungle over $200 million iron ore rights goes to Frank Timis and his African Minerals. Its shares gained 4p to 22p after rival London Mining withdrew its application for a court order...
CALGARY, ALBERTA - NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES New Millennium Capital Corp. ("NML" or the "Company") (TSX VENTURE:NML) is pleased to announce its financial results for the...
en India's Tata industrial group paid $13 billion (Dh47.75 billion) for Corus last year Ratan Tata, the company's chairman, said the purchase of the British steelmaker was part of a long-term plan to become much more global.
Shares in Fortescue Metals Group jumped more than 15 per cent at market open after the burgeoning iron ore miner announced an increase in exports. At 1021 AEDT on Friday, Fortescue shares had gained 20.5 cents, or 15.5 per cent...
A group of major Chinese steel mills has ended talks on buying Chilean iron ore company as ore supplies considered ample. Posted: Friday , 21 Nov 2008 Shandong Iron and Steel Group and other big Chinese steel mills are no...
By Christian Oliver and Song Jung-a in Seoul and Rebecca,Bream in London South Korea plans to lend up to $1bn to Vale, the Brazilian mining company, in an effort to secure a stable supply of iron ore for the country's heavy...