New Millenium Announces 2011 Financial Results
New Millennium Iron Corp. (TSX:NML) announced its financial results for the fourth quarter and year ended Dec. 31, 2011.
New Millennium Iron Corp. (TSX:NML) announced its financial results for the fourth quarter and year ended Dec. 31, 2011.
Reuters reported Vitol has made its first major move into iron ore, with an offtake agreement with London Mining (LSE:LOND).
Altius Minerals Corporation (TSX:ALS) reported net earnings of $2,461,000 or $0.08 per share for the three months ended January 31, 2012.
Reuters reported that although iron ore prices remained steady on Friday the outlook is shaky for the steel making ingredient.
Reuters reported spot iron ore rose again on Tuesday marking the sixth day of gains for the steel making ingredient.
Globe and Mail reported on the recent upswing of diversified miners and commodities like iron ore noting the increased prices are dependent on growth in China.
Metal Investment News reported iron ore prices in future swaps are rising as investors anticipate Chinese steel mills need to replenish stocks.
Platts reported Cliffs Natural Resources (NYSE:CLF) is expecting sales to drop in Canada and Asia through 2012.
Reuters reported prices of iron ore forward swaps rose on Thursday as investors bet China spot iron prices will recover.
Reuters reported spot iron ore prices fell to a two-week low as trading thinned in China.
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