Iron Ore Swaps Rise
Reuters reported iron ore swaps volumes rebounded in the first half of May, after dropping to their lowest this year in April on the back of low volatility, brokers said this week.
Archive for 2012
Vale Sees Iron Ore Output Rising
Reuters reported Vale (SAO:VALE5) says iron ore prices will rise in the second half of 2012.
Champion Minerals Acquires Fancamp
Champion Minerals Inc. (TSX:CHM,OTCQX:CPMNF,FWB:P02) announced it has acquired Fancamp’s 17.5% joint venture interest in the Fermont properties.
BHP Billiton Reconsiders Expansion
IBTimes reported BHP Billiton (NYSE:BHP) is rethinking its position on expansion as the company weighs what to do with $80 billion.
Iron Ore: Spot Iron Falls Near Three-Month Low
Reuters reported spot iron ore prices fell to their lowest in nearly three months on Thursday, knocked by limited buying interest from Chinese mills adjusting to weak steel demand.
Oceanic Iron Files Technical Report
Oceanic Iron Ore Corp. (TSXV:FEO,OTCQX:FEOVF) announced it has filed a National Instrument 43-101 Technical Report on the Hopes Advance project in Canada.
Iron Ore: Slowing China Economy Clouding Demand
Reuters reported a slowing Chinese economy clouding the demand outlook in the world’s top consumer and halting producers’ buying interest for iron ore.
Alderon Iron Ore Oversold
Forbes reported Alderon Iron Ore Corp (NYSE:AXX) entered into oversold territory, changing hands as low as $2.45 per share.
Short Sellers Targeting Fortescue
SMH reported Fortescue (ASX:FMG) is targeted by short sellers on speculation iron ore stocks are a poor buy with China demand falling.
West African Iron Ore Corporation – World-Class Iron Ore Assets in Guinea
West African Iron Ore Corporation (TSXV:WAI) is dedicated to the sustainable development of its mineral resources in the Forécariah and Kérouané provinces of the Republic of Guinea.
