Stellar Resources has revealed that it has applied for an exploration license over an area approximately 40 km east of its Coolybring magnetite project within the Tarcoola iron ore district. For full story, click here
Revolution Technologies Inc. declared that a majority owned subsidiary Canada Iron Inc. has completed an option agreement to purchase a 100% interest in the Gunflint Iron deposit situated in Jean Township, 70 km southwest of the City of Thunder Bay, Ontario, Canada. Gary Handley, President, stated: We are very pleased to become a partner with [...]
Liaoning-based Dalian port has imported 1.37 million tonnes of iron ore in February, up by 26.2% MoM or 39.8%YoY. For full story, click here
Negotiations on the annual benchmark prices for iron ore imports in China are not likely to conclude before April 1, when a new annual agreement usually comes into effect, according to analysts. For full story, click here
Mining giant Rio Tinto Ltd/Plc announced that its proposed deal with Chinese state-owned Chinalco would not influence iron ore contract price negotiations for the year ahead. For full story, click here
UK-based iron ore and coal developer London Mining announced that it aims to boost its iron ore capacity to around 20 million tonnes in the next six years. For full story, click here
Wits Basin Precious Minerals Inc. declared that China Global Mining Resources Limited, its 50/50 joint venture company with London Mining Plc, has completed the acquisition of two companies, Maanshan Xiaonanshan Mining Co., Ltd and Nanjing Sudan Mining Co., Ltd, which own an iron ore mine and concentrator plant located in the Anhui and Jiangsu Provinces [...]
Iron Head Mining Corporation declared that the challenges of acquiring funds for the mining business in the current marketplace have resulted in the company evaluating its business models and developing a new model that is better suited for growth in the present environment. For full story, click here
Rio Tinto Group, the second-largest iron-ore producer announced the closure of a rail line at its Western Australian mines may extend into a fifth week. For full story, click here
Baffinland Iron Mines Corporation announced that it is eligible in principle for untied loan guarantees from the Federal Republic of Germany. For full story, click here
Get our independent commentary on iron trends and companies delivered to your inbox.
