Mining Weekly reported Labrador Iron Mines (TSX:LIM) completed its first shipment of wet ore to China in its first year of production.
Reuters Africa reported iron ore prices steadies as demand slowed with the approach of Lunar New Year.
Reuters Africa reported offer prices for imported iron ore in China edged higher on Tuesday.
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.
SMH reported an iron ore mine in Australia owned by CITIC Pacific is going to cost $6 billion, about 2.5 billion more than originally estimated.
Mining Weekly reported iron ore prices have remained steady despite a grim outlook on growth in China.
Reuters reported spot iron ore prices mostly remained unchanged in China with no rush to return to trading.
Reuters reported Vale (SAO:VALE5) has docked one of its giant iron ore vessels in China for the first time.
Iron ore prices hit record highs in early 2011, only to fall in the second half of the year on reduced demand steel demand for China. Nonetheless, iron ore producers seized the opportunity to invest in the expansion of their current iron ore projects across the globe.
Reuters reported iron ore fell for the fifth day on lethargic demand from China.
Friday, January 13, 2012