China’s investment addiction
The Financial Post reports there are signs that China’s stupendous debt-fueled boom is cooling, posing new risks for global growth and markets.
The Financial Post reports there are signs that China’s stupendous debt-fueled boom is cooling, posing new risks for global growth and markets.
Mining Weekly reports that a prefeasibility study of Aquila Resources’ (TSE:AQA) Hardey iron-ore project has confirmed the viability of a ten-million-ton-a-year project.
Mining Weekly reports that Cliffs Natural Resources (NYSE:CLF) has approval from the Chinese Ministry of Commerce for the C$4.9-billion buyout Consolidated Thompson (TSE:CLM).
Mining Weekly reports Mineral Resources Limited (ASX:MIN) has struck an agreement with Fremantle Ports Authority for the use of its Kwinana facility to export up to 4.4-million tons of iron-ore.
Mineweb reports that an innovative floating harbour has been proposed for South Australia as one means of preventing logjams in ports on Spencers Gulf.
Forbes reports that Brazilian mining company Vale (NYSE:VALE) approved of the $3 billion construction of a fourth iron ore pellet plant at the Samarco project.
Mining Weekly reports that Vancouver-based junior Zone Resources (CVE:ZNR) has received the green light from the TSX-V to buy a largely unexplored iron ore property in Northern Quebec.
Mining Weekly reports that Kumba Iron Ore (JNB:KIO) has opened access to their robotically controlled iron-ore sampling plant all iron-ore exporting miners.
Mineweb reports that Radar Iron Ltd (ASX:RAD) presents its quarterly activities report for the quarter ending 31 March 2011.
Forbes reports that Cliffs Natural Resources (NYSE:CLF) and ArcelorMittal (NYSE:MT) settled their year-long dispute regarding the pricing of iron ore pellets supplied in 2009 and 2010.
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