By Kishori Krishnan Exclusive To Iron Investing News Its open sesame for Western Labrador business owners who are celebrating the reopening Monday of the Labrador City iron ore mine. The Iron Ore Company of Canada (IOC) shut it down for five weeks this summer after iron ore prices plummeted. Many mine workers left the area [...]
Continue reading "Iron Ore Mine Re-opens"
Friday, August 8, 2008
BHP Billiton’s ongoing hostile takeover bid of of Rio Tinto may be over by the year-end. Four months ago, the $142 billion takeover was considered by most to be a sure bet. But now, all signs are pointing towards the bid running out of steam as the Chinese Ministry of Commerce and the European Commission seem [...]
Continue reading "Rio May Elude BHP’s Grasp"
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Wednesday, August 12, 2009