Melissa West is an experienced writer and researcher. She graduated from Westminster College with a bachelor's degree in communication. As a freelance writer, Melissa specializes in finance and investing. She researches commodities like platinum, palladium, nickel, tungsten, tantalum, diamond, tin and iron on a daily basis for the Investing News Network. Melissa enjoys sharing information that will help her readers make educated investment decisions.
Reuters reported CITIC Pacific has filed a court injunction against Clive Palmer over disputed royalties at the $8 billion Sino iron project in Western Australia.
CNBC reported Cliffs Natural Resources (NYSE:CLF) says it will lay off about 625 people at a Michigan mine and cuts production at a Minnesota iron ore mine.
Black Iron Inc. (TSX:BKI,FWB:BIN) announced the bankable feasibility study results at its Shymanivske iron ore project in the Ukraine.
Mining Weekly reported a new Roskill report predicts that while its likely iron ore will remain volatile.
Labrador Iron Mines Holdings Limited (TSX:LIM) reported its operating and financial results for the quarter ended September 30, 2012.
Bloomberg reported Posco (NYSE:PKX) may buy a stake in ArcelorMittal Mines Canada Inc. (NYSE:MT) after canceling a bid for Arrium Ltd. (ASX:ARI).
Reuters reported BHP Billiton (NYSE:BHP) says it will expand its iron ore production by a fifth in the next year.
BusinessReport reported Anglo American (LSE:AAL) said it expects the Minas-Rio iron ore project to $8 billion from $5.8 billion.
Reuters reported Rio Tinto (ASX:RIO) says the mining industry in Australia is complacent and current attitude will lead to widespread cost cuts on lowered iron prices.
Bloomberg reported Anglo American Plc (LSE:AAL)’s Kumba iron ore unit said profit will drop at least 20 percent this year on lower prices and strikes in South Africa.
