Kalinganagar Industries Association, the industry body representing 10 industrial units in the Kalinganagar area in Jajpur district has sought the immediate reduction of iron ore and chrome ore prices by the Orissa Mining Corporation to save these units from being closed down. For full story, click here
Read the full article: "KNIA asks OMC to reduce chrome and iron ore..."
Friday, November 28, 2008
Adriana Resources Inc. announced the completion of the 2008 exploration program at the Lac Otelnuk Iron Project located in Labrador Trough, Quebec, Canada. For full story, click here
Read the full article: "Adriana Completes 2008 Exploration Program..."
Thursday, November 27, 2008
The EU thought to favour benchmark pricing as the fairest way to set iron-ore prices for steelmakers. For full story, click here
Read the full article: "Benchmark pricing as fairest way to set..."
Thursday, November 27, 2008
Layoffs were aimed at achieving the company’s aim of reducing selling, general and administrative costs by $1 bn. For full story, click here
Read the full article: "ArcelorMittal unveils 9,000 job cuts plan"
Wednesday, November 26, 2008
IronClad Mining Limited has signed a MoU with Wuhan Iron & Steel Corporation of China to jointly fund and develop two iron ore projects in South Australia. For full story, click here
Read the full article: "IronClad Mining inks iron ore projects deal..."
Wednesday, November 26, 2008
BHP Billiton abandoned its year-long pursuit of Rio Tinto Group, blaming the rout in commodities prices and the credit-market squeeze for derailing the biggest hostile offer. For full story, click here
Read the full article: "BHP pulls out Rio bid as commodities crash"
Tuesday, November 25, 2008
State-run mining giant NMDC Ltd has successfully negotiated a 102 per cent hike in export prices of iron ore from Japanese and South Korean steel mills, notwithstanding the global financial downturn. For full story, click here
Read the full article: "NMDC gets 102 pc hike in export prices of..."
Tuesday, November 25, 2008
Tata Metaliks said that one of its blast furnaces at the Kharagpur plant will be shut from tomorrow for the next three weeks to undertake repair work. For full story, click here
Read the full article: "Tata Metaliks to shut a blast furnace at..."
Monday, November 24, 2008
Global mining major Anglo American Plc today said it is keen on roping in local players to forge joint ventures in India’s mining sector, where the UK-based firm intends to be a long-term player.The company is interested in iron ore mining in the country. For full story, click here
Read the full article: "Anglo American Plc keen on Indian tie-ups in..."
Friday, November 21, 2008
Aim-listed mineral exploration company African Minerals on Friday announced that iron-ore miner London Mining had withdrawn its application for an interim injunction against the company, in the Marampa exploration license dispute. For full story, click here
Read the full article: "London Mining withdraws Marampa injunction..."
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.
IronInvestingNews.com maintains a focus on Iron exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
Get our exclusive independent commentary on iron trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »
Simply fill in your name and email to make better investment decisions.
Friday, November 28, 2008