Vale SA, the world’s biggest iron- ore producer, said second-quarter profit slipped 84 percent after the global economic crisis curbed demand and prices for the steelmaking raw material. For full story, click here
Continue reading "Vale Profit slipped 84% as Iron Ore Price Slumped"
Tuesday, June 23, 2009
Australia on Tuesday lifted its forecast for iron ore exports by 0.3 percent to 338.4 million tonnes in the 2009/10 financial year, but warned of weaker international demand from steelmakers hit by the financial slump. For full story, click here
Continue reading "Australia has lifted 09/10 Iron Ore Export Forecast"
Monday, May 4, 2009
Brazilian miner MMX declared on Monday that it would resume operations at the Corumba iron ore mine which were halted in December 2008 to slow output during the global financial slump. For full story, click here
Continue reading "Brazilian Miner MMX will reopen Corumba Iron Ore Mine"
The Iron Ore Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
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Thursday, July 30, 2009