Bloomberg reported Rio Tinto Group (ASX:RIO) and partners approved a $3.4 billion expansion of its iron ore operations in Western Australia.
Century Iron Mines Corporation (TSX:FER) has earned 51% interest in the Attikamagen iron ore property from Champion Minerals.
Mining Weekly reported ArcelorMittal (JSE:MIT) is seeking government approval before moving to buy an unnamed iron ore resource.
India Globalization Capital, Inc. (NYSE:IGC) announced it has expanded its production capacity by 50% and added 1.8 million tons of iron ore to its reserves.
Anglo Pacific Group plc (TSX:APY,LSE:APF) announced it has agreed to a proposal with Red Rock Resources plc (LSE:RRR) to acquire 50% of Mount Ida.
Pöyry's Water & Environment group reported it will prepare a social and environmental impact for MPD Congo on its Zanaga iron ore mining project.
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.
Cerro Resources NL (ASX:CJO,TSXV:CJO) announced an updated resources estimate on its Mt. Philp haematite iron project.
Bloomberg reported Gabon is close to handing over control of its largest iron ore mine to BHP Billiton Ltd. (NYSE:BHP,ASX:BHP).
Mining Weekly reported Kilo (TSXV:KGL) shares are 13% higher after announcing promising iron ore results from its joint-venture project.
Wednesday, February 8, 2012