Reuters UK reported Anglo American (LSE:AAL) is considering selling its stake in the Ampapa iron ore operation in Brazil.
Financial Post reported Anglo American (LSE:AAL) and ArcelorMittal (NYSE:MT) won the rights to mine one of South Africa's largest iron ore deposits.
Bloomberg reported Anglo (LSE:AAL) and ArcelorMittal (NYSE:MT) are awaiting a ruling from the South African court regarding a mining permit.
Mining Weekly reported Anglo American (LON:AAL) will join the Earaheedy iron-ore joint venture and could earn a 75% interest in the project.
Bloomberg.com reports that Anglo American has received an important permit from Brazil, which will allow them to proceed with building the Minas Rio iron ore complex.
By Melissa Pistilli – Exclusive to IronInvestingNews.com Economic woes in the U.S. and Western Europe may be stalling growth in the construction sector and lessening demand for materials like iron ore, aluminum, and copper; however, “prospects for the iron ore market remain positive,” says Chris Griffith, CEO of Kumba Iron Ore. One of the main [...]
Monday, December 19, 2011