Crazy Horse Resources Inc. (TSX VENTURE:CZH) announces the completion of an exploration program on its Iron River Property. The press release is quoted as saying: The Iron River Iron-Copper Skarn property is located on east-central Vancouver Island, British Columbia approximately 180 kilometres northwest of Vancouver or about 15 kilometres southwest of Campbell River. The claims [...]
Macarthur Minerals Limited (TSX VENTURE:MMS) today reported that outcropping haematite mineralisation averaging 57.4% Fe (range 50% to 63.5% Fe) from surface rock chip samples has been identified at Red Hill, Banjo and Moonshine prospects at its Lake Giles Project. The press release is quoted as saying: The Fe assays were accompanied by low phosphorous levels [...]
On Saturday, Mining giants BHP Billiton (BHP.AX) and Rio Tinto (RIO.AX) signed a $116 billion iron ore joint venture agreement to combine their Western Australian iron ore operations. The news release is quoted as saying: The agreement brings together two of the world’s three largest iron ore producers, and has upset major customers in China. [...]
On thursday, it was reported that India’s iron ore exports in October more than doubled to 9.325 million tonnes from 4.26 million tonnes a year ago. The news release is quoted as saying: Iron ore exports in the first seven months of the current financial year to October were at 53.225 million tonnes, up from [...]
China Armco Metals, Inc. (OTCBB: CNAM), announced that Armco & Metawise, Ltd., the Company’s 100 % owned subsidiary, has completed delivery of iron ore to a China-based steel company pursuant to a contract that will generate sales of around $13.2 million in the fourth quarter of 2009. The press release is quoted as saying: The [...]
On Monday, Brazilian iron ore miner MMX (MMXM3.SA) reported that the company has reached a deal to sell 21.52 percent of its capital to China’s Wuhan Iron and Steel Co (600005.SS) for $400 million. The news release is quoted as saying: Rio de Janeiro-based MMX, controlled by one of Brazil’s richest men — Eike Batista, [...]
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