VTB Buys Metalloinvest Stake
Reuters reported Russia’s VTB Bank has bought a 20% stake in Metalloinvest.
Archive for December, 2011
MMX Rises to Three Week High on New Iron Agreement
Bloomberg reported MMX Mineracao & Metalicos SA (PINK:MMXMY) rose to a three-week high after signing a $5 billion shipment agreement.
Iron Ore Inches Up
Reuters reported iron ore inched up in trading on Thursday as investors remained cautious.
Legacy Iron Ore Acquires 60% of Hawthorn
IBTimes reported Legacy Iron Ore (ASX:LCY) is poised to acquire a 60 per cent control in Hawthorn Resources (ASX:HAW).
Vale Docks First Giant Iron Ore Ship in China
Reuters reported Vale (SAO:VALE5) has docked one of its giant iron ore vessels in China for the first time.
India Consortium Seeking State Funding for Afghan Iron Ore Project
IBTimes reported the consortium of seven Indian companies that won mining rights to develop an Afghan iron ore deposit has requested government help.
Vale’s Mega Iron Ore Carrier En Route to Philippines
Reuters reported one of Vale’s (SAO:VALE5) mega iron ore carriers is expected to arrive in the Philippines this week with its maiden cargo of iron ore.
Iron Ore Prices Remain Unchanged Tuesday
Reuters reported spot iron ore prices remain unchanged on Tuesday.
India’s GDP Declines: Iron Ore Mining to Blame?
Mineweb reported India has experienced a steep decline in its GDP because of sudden and severe hurdles in the iron mining industry.
Kumba Iron Ore Mining Rights
FM reported South Africa’s top legal minds will try to find a way around Judge Raymond Zondo’s ruling regarding Sishen Iron Ore Co.
