Bloomberg reported Russia’s Metalloinvest said output rose 9 percent last year to 40.1 million metric tons.
Platts reported Cliffs Natural Resources (NYSE:CLF) is expecting sales to drop in Canada and Asia through 2012.
Platts reported new data from China shows imports of Indian iron ore fell 24% in 2011.
Reuters reported prices of iron ore forward swaps rose on Thursday as investors bet China spot iron prices will recover.
Cliffs Natural Resources Inc. (NYSE:CLF,EPA:CLF) reported its year-end results for 2011 and its outlook for 2012.
Mining Weekly reported Kilo (TSXV:KGL) shares are 13% higher after announcing promising iron ore results from its joint-venture project.
Macarthur Minerals Limited (TSX:MMS,OTCQX:MMSDF) announced it has received an exploration incentive grant from the Western Australia government.
Diamond drill hole ZR11-07 on the Zone Resources Inc. (TSXV:ZNR,FWB:7ZR) Moore-Ross Mountain property in the Labrador Trough of northern Québec intersected an average of 32.54% Fe over 167.10 metres.
Atlas Iron (ASX:AGO) reported it has cut its production targets for the financial year because of the impact of Tropical Cyclone Heidi.
Central Iron Ore Ltd. (TSXV:CIO) announced it has applied for six new exploration licences at its Perinvale South iron ore project.
Reuters reported spot iron ore prices are unlikely to change with China away on Lunar New Year holiday.
Mining Weekly reported BHP’s (NYSE:BHP,ASX:BHP) proposed iron ore mine expansion in Western Australia has been approved by the EPA.
Cardero Resource Corp. (TSX:CDU,NYSE:CDY,FWB:CR5) announced its Ghanaian joint venture partner, Emmaland, has received three prospecting licenses.
Reuters reported spot iron ore prices fell to a two-week low as trading thinned in China.
Resource Investing reported Amine Bouchentouf’s recommendations of iron ore companies to watch in 2012 including Vale (NYSE:VALE) and Cuervo Resources (CNSX:FE,FWB:CRR).
The Iron Ore Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
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Fri, Jan 27, 2012