Noranda Inc. announced that it will not be proceeding with its bid to acquire the outstanding shares of Rio Algom Limited. For full story, click here
Read the full article: "Noranda Inc. Not To acquire Rio Algom"
Tuesday, December 30, 2008
Posco, the world’s No 4 steelmaker, may cut output next year if market conditions deteriorate further and a weaker won currency depresses earnings in the coming months, the company said. For full story, click here
Read the full article: "POSCO says may cut steel output if market..."
Monday, December 29, 2008
Consolidated Thompson Iron Mines Limited and Quinto Mining Corp. announced that and Quinto has obtained Final Court approval in respect of the arrangement with Consolidated Thompson, and the parties have now completed the arrangement initially announced on April 21, 2008. For full story, click here
Read the full article: "Consolidated Thompson Iron Mines Limited..."
Friday, December 26, 2008
Prices of ore fines would fall by about Rs 500 per tonne. NMDC sells calibrated iron ore between Rs 4,000-5,500 per tonne and fines at around Rs 3,000 per tonne. For full story, click here
Read the full article: "Prices of ore fines would fall by about Rs..."
Thursday, December 25, 2008
Consolidated Thompson Iron Mines Limited and Quinto Mining Corp. announced that and Quinto has obtained Final Court approval in respect of the arrangement with Consolidated Thompson, and the parties have now completed the arrangement initially announced on April 21, 2008. For full story, click here
Read the full article: "Consolidated Thompson Iron Mines Limited..."
Wednesday, December 24, 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..."
Monday, December 22, 2008
Prices of ore fines would fall by about Rs 500 per tonne. NMDC sells calibrated iron ore between Rs 4,000-5,500 per tonne and fines at around Rs 3,000 per tonne. For full story, click here
Read the full article: "Prices of ore fines would fall by about Rs..."
Thursday, December 18, 2008
Iron ore industry has welcomed the government’s decision to cut export duty on raw material. For full story, click here
Read the full article: "Mining firms expect duty cuts will help..."
Thursday, December 18, 2008
ArcelorMittal, the world’s largest steelmaker, will pay up to 1.48 billion yuan ($217 million) to subscribe for shares in Hunan Valin Steel Tube & Wire Co. For full story, click here
Read the full article: "ArcelorMittal to pay $217 mn for Valin..."
Wednesday, December 17, 2008
Prices of iron ore lumps would go down by Rs 1,000-2,000 per tonne depending on quality. Prices of ore fines would fall by about Rs 500 per tonne. For full story, click here
Read the full article: "Iron ore prices slashed"
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.
Wednesday, December 31, 2008