Tag Archive | "Iron Market News"

Mittal Iron Ore Deal Imminent

Tuesday, February 7, 2012

Mining Weekly reported ArcelorMittal (JSE:MIT) is seeking government approval before moving to buy an unnamed iron ore resource.

Cliffs Natural Resources is Cheapest Takeover Target in North America

Tuesday, February 7, 2012

Bloomberg reported Cliffs Natural Resources (NYSE:CLF) may be the next takeover target in the iron industry since it is currently the cheapest miner.

Magnitogorsk May Sell Iron Ore Project

Monday, February 6, 2012

Bloomberg reported a Russian steel company, Magnitogorsk (LSE:MMK) may sell its iron ore property.

Spot Iron Ore Ticks Higher

Monday, February 6, 2012

Reuters reported iron ore is expected to rise slightly this week as Chinese steel mills return to work and stock up on the metal.

Spot Iron Ore Reaches Two-Month High

Friday, February 3, 2012

Reuters Africa reported spot iron ore prices in China reached a two-month high on Friday.

Poyry and Xstrata Aim to Achieve Sustainable Iron Ore Mine in Congo

Friday, February 3, 2012

Pöyry's Water & Environment group reported it will prepare a social and environmental impact for MPD Congo on its Zanaga iron ore mining project.

What Possible Glencore, Xstrata Merger Means for Iron Ore

Friday, February 3, 2012

Reuters reported a merger between Glencore (LSE:GLEN) and Xstrata (LSE:XTA) will likely target iron ore as high margins tempt the potential mining behemoth.

Kilo to Complete Talks Over Iron Ore Mine in Afghanistan

Thursday, February 2, 2012

Mining Weekly reported Kilo Goldmines (TSXV:KLG) is the preferred bidder for an iron ore mine in Afghanistan.

Gina Rhinehart is Richest Woman in Asia Thanks to Iron Ore Mine

Thursday, February 2, 2012

Forbes reported on Asia's richest woman, Gina Rinehart, whose wealth measure some $18 billion after selling shares of an iron ore mine.

Spot Iron Ore Prices Rise on Signs of Increased Demand

Wednesday, February 1, 2012

Reuters Africa reported spot iron ore prices rose in China on Wednesday on signs of increased demand.

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