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 [...]
Continue reading "Uptick From China Bolsters Hope for Iron"
Thursday, January 29, 2009
Baffinland Iron Mines Corp today udpated investors on 2009 drilling plans and a general corporate update, including an update on the bulk sample sent to European customers. Gordon McCreary, President and CEO is quoted saying: As we emerge from January as a leaner organization with an approved and fully funded budget for 2009, we remain [...]
Continue reading "Baffinland Updates on Drilling, Bulk Sample"
Tuesday, December 16, 2008
By Melissa Pistilli-Exclusive to Iron Investing News The Baltic Dry Index (BDI), what has been referred to as the “canary in the coal mine” for global trade health, rose 7.5 per cent on Friday. This latest development has injected a dose of optimism into the iron ore market. “Indications are that miners have been [...]
Continue reading "Baltic dry index: Iron market revival"
Tuesday, October 21, 2008
By Melissa Pistilli-Exclusive to Iron Investing News As China’s economic growth began to slow into the third quarter this year, many pointed a finger at factory closures during the Olympics. But now there is little doubt that the spreading global economic crisis is taking a toll on Asia’s largest boom economy. And it’s becoming quite [...]
Continue reading "Waning chinese growth affects iron prices"
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Thursday, February 26, 2009