Iron Ore Up For Seventh Day
Reuters reported iron ore rose for a seventh straight day making for the longest gain since November as China’s steel mills rebuild stockpiles for the expected construction season.
Archive for February, 2012
Rogue Iron Commissions SGS Lakefield for Radio Hill
Rogue Iron Ore Corp. (TSXV:RRS) announced it has commissioned SGS Lakefield to conduct metallurgical testing on its Radio Hill iron ore project.
Alderon Iron Ore’s Environmental Impact Guidelines Released
Alderon Iron Ore Corp. (TSX:ADV,OTCQX:ALDFF) announced draft environmental impact statement guidelines have been issued by the local government for public review.
Iron Ore Miners Say Market Will Remain Tight
Reuters reported the global iron ore market will remain tight until later in the decade because increased capital costs could delay some new projects.
Spot Iron Ore Rises for Sixth Consecutive Day
Reuters reported spot iron ore rose again on Tuesday marking the sixth day of gains for the steel making ingredient.
Vale Extends Payment on Iron Ore Royalties to Brazil
Bloomberg reported Vale (SAO:VALE5) has extended its royalty payments on iron ore to the Brazilian government by 60 days as negotiations continue.
Iron Ore Rises $1 a Tonne
Reuters reported iron ore and rebar rose on hopes China’s steel demand will increase coming into the construction season.
Altius Seeking Partners, Advances Drilling on Iron Ore Properties
Altius Minerals Corporation (TSX:ALS) announced drilling results from its iron ore properties in Canada.
Miners and Commodities Staging a Comeback
Globe and Mail reported on the recent upswing of diversified miners and commodities like iron ore noting the increased prices are dependent on growth in China.
MMX Rises 8% on Increase in Iron Ore
Bloomberg reported MMX Mineracao & Metalicos SA (SAO:MMXM3) reached an eight month high has iron ore prices increased.
