Uncategorized Directory
Iron ore industry highlights
By Melissa Pistilli-Exclusive to Iron Investing News EU objects to BHP takeover of Rio The European Commission (EU) has issued a statement of objections to BHP Billiton Ltd. concerning its hostile takeover of Rio Tinto Inc. The statement outlines the potential competition problems that may result from such a merger. EU anti-trust regulators have voiced concerns [...]
Iron market pins hopes on China
By Melissa Pistilli-Exclusive to Iron Investing News Tuesday afternoon, crippled resource stocks gained relief from the Fed’s emergency interest rate cut. The resource market seemed to benefit the most. The S&P/ASX 200 materials index, with 43 stocks related to the resource market, bounced back 2.9 per cent. Metals prices have fallen dramatically from their bull [...]
China does not need Vale anyway
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Is Vale violating trade laws?
By Melissa Pistilli-Exclusive to Iron Investing News For nearly thirty years, the pricing mechanism for iron ore has involved annual price negotiations between the world’s three leading mining giants and major steel mills. This year’s negotiations led to 79.88 per cent to 96.5 per cent price hikes for Rio Tinto and BHP Billiton with a [...]
Dorex Minerals Inc.: Aggressive Exploration and Development
Overview Dorex Minerals Inc. is a base and precious metals exploration and development company listed on the TSX Venture Exchange under the symbol “DOX” and the Frankfurt Stock Exchange under the coding “A9L”. The Company’s objective is to aggressively explore and develop its 2,400 hectare (24 sq km) Carmelita Property, located within the Coastal Belt [...]
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