BHP Forecasts Record Iron Ore Production
Reuters reported BHP Billiton (NYSE:BHP) predicted record iron ore production this year after quarterly output jumped by a fifth.
Continue reading "BHP Forecasts Record Iron Ore Production"
Reuters reported BHP Billiton (NYSE:BHP) predicted record iron ore production this year after quarterly output jumped by a fifth.
Continue reading "BHP Forecasts Record Iron Ore Production"
Monday, January 16, 2012
Mineweb reported China launched a new physical iron ore trading platformwill help strengthen its pricing power and wrest control from global ore suppliers.
Continue reading "China Launches Physical Iron Ore Trading"
Friday, January 6, 2012
Platts reported BHP Billiton (NYSE:BHP) has offered Chinese steelmakers an iron ore lump premium of $0.11-0.13/dry metic ton for the first quarter.
Continue reading "BHP Offers Lump Iron Ore to China"
Wednesday, November 23, 2011
The price of iron ore has made a 26 percent gain over since hitting a low in late October. However many are cautious that the gains will be short lived because of the soft demand for steel.
Continue reading "Steel Demand Boosts Iron Prices, Caution Remains"
Friday, November 18, 2011
International Business Times reported BHP Billiton (NYSE:BHP) has stepped on the gas for the realisation its expansion projects in Western Australia.
Continue reading "BHP Billiton Greens Light Multi-Million Projects in Pilbara"
Friday, November 18, 2011
Reuters reported China Steel (TPE:2002) plans to ask miners BHP Billiton (NYSE:BHP) and Rio Tinto (NYSE:RIO) to delay iron ore.
Continue reading "Taiwan’s China Steel to Ask for Iron Ore Delivery Delays"
Thursday, November 17, 2011
Platts reported BHP Billiton (NYSE:BHP,ASX:BHP,LSE:BLT) has approved an $822 million investment for the development of its Orebody 24 iron ore mine.
Thursday, October 27, 2011
Nigeria is looking to diversify its minerals and mining sector to reduce the dependence on oil as a source of national revenue. The West African country is looking to produce 2 million tonnes of iron ore in 2012 through the state owned National Iron Ore mining Co. Ltd.
Continue reading "Nigeria’s Iron Production"
Wednesday, October 19, 2011
SMH reported doubts about the ability of iron ore prices to hold on to bumper levels put a lid on BHP Billiton's (NYSE:BHP,ASX:BHP) share price yesterday.
Continue reading "BHP Losing Iron Grip"
Wednesday, September 28, 2011
By 2015 iron ore production is set to grow by 53 percent. This has worried investors that falling prices will hurt the bottom line of some of the world’s largest mining firms. Recent movements in share prices have reflected these concerns. Yet the heads of the BHP, Vale, and Rio Tinto remain confident.
Continue reading "Expanding Iron Ore Supply Weighs on Price"
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Tuesday, January 17, 2012