Zhu Hongren, spokesperson for the Ministry of Industry and Information Technology (MIIT) reported that China imported a total of 630 million tons of iron ore in 2009, up 41.6 percent year-on-year, and the iron ore import dependency ratio has increased from 44 percent in 2002 to 69 percent.
Read the full article: "China’s iron ore import dependency..."
Thursday, February 25, 2010
Eloro Resources Ltd. (TSX VENTURE:ELO) reported the appointment of Mr. Alexander S. Horvath, P. Eng. to the Board of Directors and as Technical Advisor to the President of Eloro.
Read the full article: "Eloro Resources Appoints Director and..."
Wednesday, February 24, 2010
PolyMet Mining Corp.(TSX:POM)(NYSE Amex:PLM) announced on the current status of the environmental review and permitting program at its Erie Plant and NorthMet mine project. The press release is quoted as saying: PolyMet Mining Corp. is a publicly-traded mine development company that controls 100% of the NorthMet copper-nickel-precious metals ore body through a long-term lease and [...]
Read the full article: "PolyMet Updates NorthMet Environmental..."
Tuesday, February 23, 2010
Niocan Inc. (CA:NIO 0.34, +0.04, +13.33%)reported that the company has received positive preliminary metallurgical testing results for its iron ore property. The press release is quoted as saying: Niocan’s mission is to become a ferroniobium producer as soon as possible, following the issuance of a Certificate of Authorization from the Ministry of Sustainable Development, Environment [...]
Read the full article: "Niocan:Conceptual Study of Great Whale Iron..."
Monday, February 22, 2010
Champion Minerals Inc. (TSX VENTURE:CHM)(FRANKFURT:P02) reported the completion of its previously announced non-brokered private placement , subject to final TSX Venture Exchange acceptance. The press release is quoted as saying: Champion is an exploration company focused on discovering and developing significant metal resources in eastern Canada, particularly in the provinces of Quebec and Newfoundland and [...]
Read the full article: "Champion Minerals completes private placement"
Friday, February 19, 2010
First Point Minerals Corp. (TSX VENTURE:FPX) reported the discovery of nickel-iron alloy on its 100%-owned Klow property. The press release is quoted as saying: The disseminated nickel-iron alloy grains and composites range from less than 50 to more than 900 microns in size based on petrographic microscope examination. The Klow property is located about 135 [...]
Read the full article: "First Point: new Nickel-Iron Alloy on the..."
Thursday, February 18, 2010
CHAMPION MINERALS INC. (TSX VENTURE:CHM)(FRANKFURT:P02) provided an update on the exploration program at the Company’s wholly-owned Attikamagen Iron Property following the completion in 2009 of a detailed mapping and sampling campaign and a 2008 airborne magnetic survey by Labec Century Iron Ore Inc. The press release is quoted as saying: Champion is an exploration Company [...]
Read the full article: "Champion Minerals Update From the..."
Tuesday, February 16, 2010
Alderon Resource Corp. (TSX VENTURE:ALD) reported that the company has closed the $10 million non-brokered private placement previously announced on January 15, 2010 through the issuance of 10 million subscription receipts, at a price of $1.00 per subscription receipt. The press release is quoted as saying: The Company and Privco are parties to an Option [...]
Read the full article: "Alderon Completes Private Placement"
Monday, February 15, 2010
Adriana Resources Inc. (TSX VENTURE:ADI) reported that Mr. Ronald P. Gagel has been appointed as a director of the Company effective immediately. The press release is quoted as saying: Mr. Gagel is a chartered accountant with more than 30 years of professional experience, predominantly in the natural resources sector. Mr. Gagel is currently the Senior [...]
Read the full article: "Adriana:Ronald P. Gagel-New Director"
Friday, February 12, 2010
The Seekingalpha.com reports China on the Prowl for Iron Ore: With steel demand rising steadily, China has its eye on acquisitions for iron ore and copper in 2010 after a record $32B overseas takeover in 2009. China will hunt particularly for iron ore in the new year according to Jing Ulrich, the chairwoman of China [...]
Read the full article: "China on the Prowl for Iron Ore"
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.
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Friday, February 26, 2010