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
Many a firm has taken a hit as demand beat a hasty retreat ever since the international financial slump washed up at Indian shores in September 2008. The accompanying credit crunch meant that those with cash reserves can now go cherry-picking with a slew of firms available at a relatively lower valuation. For full story, [...]
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
Sunflag Iron & Steel Company Ltd has declared that the Company shall opt to approve and publish the Audited Financial Results for the Quarter / Year ended March 31, 2009 within the prescribed time period. For full story, click here
The directors of Crusader Resources Limited announced submition of the financial report of Crusader Resources Limited and its subsidiaries for the half-year ended 31 December 2008. The company’s chief development opportunity is the Posse Iron Project in the south eastern Brazilian state of Minas Gerais. For full story, click here
Labrador Iron Mines Holdings Limited said that it has filed its unaudited Interim Consolidated Financial Statements and Management’s Discussion and Analysis for the half-year ended September 30, 2008, For full story, click here
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