Baffinland Responds to Amended Offer
Baffinland Iron Mines (TSE:BIM) announced that it has received an amended offer from Nunavut Iron Ore Acquisition Inc.
Archive for 2010
Aluminum Corp. of China Plans to Sell Debt Securities
Bloomberg.com reports that Aluminum Corp of China intends to sell debt securities.
Indian iron ore mining mess – Seven mine mafias held in Orissa
Steel Guru.com reports that arrests have been made within the mining mafias in India, accused of illegally transporting iron
West Australian iron ore windfall lifts 2010-11 surplus
Steel Guru.com reports that the Western Australian government forecasts an increase in Iron surplus.
Fortescue Halts Pilbara Mining After Worker Killed
Bloomberg.com reports that Fortescue Metals Group Ltd (ASX:FMG) has suspeneded work at Cloudbreak operations in Western Australia, following the death of a miner.
Iron Ore Company announces restoration of railway activities
Steel Guru.com reports that the weather damaged railway line between Sept-Iles and Labrador city have been repaired, and that production can resume for the Iron Ore Company of Canada
Iron Ore, Coal Demand to Drive Capesize Fleet Expansion at Nippon Yusen
Bloomberg.com reports that shipping company Nippon Yusen KK plans to triple its’ fleet to meet demands for iron and coal for India.
Afghanistan has good response on tender for iron-ore deposit
Mining Weekly.com reports that the government of Afghanistan is moving towards finalizing a deal to access the Hajigak iron-ore deposit by 2012.
Steel Authority of India in Talks on South Africa Unit
Bloomberg.com reports that Steel Authority of India is in discussions with a South African Company to establish a plant there.
Private equity group looking to challenge Baffinland shareholder rights plan
The Winnipeg Free Press.com reports that Nunavut Iron Ore Acquisition Inc. is seeking to challenge Baffinland’s (TSE:BIM) shareholder rights plan
