Iron Mountain Inc. declared that its first quarter net income attributable to the company was $28.80 million or $0.14 per share, down from $33.48 million or $0.16 per share in the year ago quarter. For full story, click here
Read the full article: "Iron Mountain first-quarter profit dipped"
Thursday, April 30, 2009
Delta Mining Consolidated Ltd., a company partly owned by South African investor Bernard Swanepoel, declared that Liberia will allow the company to bid for the Western Cluster iron ore deposits. For full story, click here
Read the full article: "Liberia will allow Delta to bid for Iron..."
Thursday, April 30, 2009
A new $664 million iron ore mine is coming up in Quebec-Labrador late this year and will swiftly hit the target annual output of eight million tonnes destined for Chinese and other Asian steel mills on long-term contract. For full story, click here
Read the full article: "Iron Mine to serve Asian demand"
Wednesday, April 29, 2009
Japanese ministry of finance declared that iron ore imports into the country were 5.858 million tonnes, an approximately 50% dip from the same period of 2008. For full story, click here
Read the full article: "Japan 2008 Iron Ore Imports dip by 50%"
Wednesday, April 29, 2009
Australia’s Fortescue Metals Group has cut its full-year sales forecast by 15 percent to 26 million tonnes on Wednesday, following heavy rains in the March quarter, the second iron ore miner to signal lower output this week. For full story, click here
Read the full article: "Australia’s Fortescue has cut iron ore..."
Wednesday, April 29, 2009
As per industry group, China may cut imports of iron ore by about 21% this year as demand from mills dropped. For full story, click here
Read the full article: "China will cut iron ore imports by 21%"
Tuesday, April 28, 2009
Champion Minerals Inc declared results from recently completed geophysical Magnetic Inversions, Magnetic Volumetric Estimates and Taconite Tonnage Potential Estimates at the Company’s wholly owned Attikamagen Iron Property located in western Labrador and north eastern Quebec, 15 kilometer northeast of Schefferville in Quebec. For full story, click here
Read the full article: "Champion Minerals provided updates on..."
Tuesday, April 28, 2009
The prices quoted by the suppliers are too high so that pig iron purchasers in Far East are still holding off from purchasing. For full story, click here
Read the full article: "Pig Iron purchasers in far east suspended..."
Tuesday, April 28, 2009
Cia. Vale do Rio Doce, the world’s leading iron-ore producer, declared that output fell 37 percent in the first quarter as it shut down mines because of lower demand. For full story, click here
Read the full article: "Vale Rio’s Quarterly Iron-Ore Output..."
Monday, April 27, 2009
Brockman Resources recently declared that the pre feasibility study for its Marillana iron ore project, in the Pilbara region of Western Australia was likely to be complete by July this year. For full story, click here
Read the full article: "Brockman reported pre-feasibilty of Iron ore..."
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Thursday, April 30, 2009