By Kishori Krishnan Exclusive to Iron Investing News Rio Tinto Ltd. (LON:RIO) gave a gloomy assessment of global commodity markets Tuesday, saying there is unlikely to be much of a rebound this year and warning the downturn will continue to hit its profits. The downbeat outlook reinforces the company’s message that it needs to proceed [...]
By Kishori Krishnan Exclusive To Iron Investing News Ahead of contract talks, iron-ore miners are seeking a price rise. On the horizon is a firmer demand in China, which has ensured that despite concerns about the length and depth of the global recession, iron ore miners are pushing for as much as a 5 per [...]
Advanced Explorations announced this morning that Jim Excell has joined the company as a Special Advisor. Excell lead the construction and operation of the EKATI Diamond mine and has served as chairman of BHP Billiton Diamonds Inc. John Gingerich, president and CEO of AEI is quoted as saying: Having a person like Jim on the [...]
Advanced Explorations Inc. today sent a message from John Gingerich, the President and CEO. The message listed iron ore results from recent news releases including the intersect of 218.5 metres of 32.21% iron. In the letter Gingerich says: The Company has been appreciative of the patience and support of our shareholders. We will be at [...]
Advanced Explorations Inc. reported more significant results from their Roche Bay iron ore project in Nunavut, Canada. The company reported an intersection of 218.5 metres of 32.21% iron from what is the most significant results yet from the “C-Zone”. John Gingerich, AEI’s President and CEO is quoted saying: The results, such as those reported here, [...]
Advanced Explorations Inc. have announced significant results from their Roche Bay iron ore project in Nunavut, Canada. One drill hole included almost 100 meters of 27.31% iron and 34 meters of 32.37% iron. Advanced Exploration President and CEO John Gingerich is quoted saying: Previous resource and economic studies focused on the A and B Zones. [...]
Adriana Resources Inc. announced the completion of the 2008 exploration program at the Lac Otelnuk Iron Project located in Labrador Trough, Quebec, Canada. For full story, click here
Advanced Explorations Inc. provided further details on its planned, wholly-owned iron nugget operation associated with the Roche Bay Project in Nunavut,Canada. For full story, click here
Massive exploration & drilling activities within its Cobar and Euabalong prospects by Eastern Iron Ltd has rshown large tonnages of potentially mineable magnetic iron-rich gravels. Peter Buckley, MD of Eastern Iron Ltd, said: The scout drill program has continued through the quarter and is ongoing with 15 palaeochannel targets now drill tested at Cobar and a further [...]
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