Articles Tagged "inventory"

Iron Market: Heading For A Glut?

By Kishori Krishnan Exclusive To Iron Investing News The alarm bells have started ringing. On the sidelines of a mining conference, Rio Tinto said iron ore prices are certain to fall in 2009, the first decline in seven years, but not by the 50 per cent suggested by some steel makers. On the spot market, [...]

BC Iron Limited declared an updated 50.7 million tonnes

BC Iron Limited declared an updated resource inventory for its 100% owned Nullagine Iron Ore Project, located in Western Australia’s East Pilbara, following completion of a maiden resource estimate for the Bonnie East deposit. Mr Mike Young MD of BC Iron stated: We are very pleased to report a maiden resource estimate for Bonnie East, [...]