Bloomberg reported Rio Tinto Group (ASX:RIO) and partners approved a $3.4 billion expansion of its iron ore operations in Western Australia.
Continue reading "Rio Tinto Approves $3.4 Billion Iron Ore Expansion"
Wednesday, February 8, 2012
Century Iron Mines Corporation (TSX:FER) has earned 51% interest in the Attikamagen iron ore property from Champion Minerals.
Continue reading "Century Iron Earned 51% of Attikamagen"
Tuesday, February 7, 2012
Mining Weekly reported ArcelorMittal (JSE:MIT) is seeking government approval before moving to buy an unnamed iron ore resource.
Continue reading "Mittal Iron Ore Deal Imminent"
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.
Tuesday, February 7, 2012
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.
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.
Continue reading "Spot Iron Ore Ticks Higher"
Monday, February 6, 2012
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.
Continue reading "Anglo Pacific Group Plans to Acquire 50% of Ida Iron Ore Property"
Friday, February 3, 2012
Reuters Africa reported spot iron ore prices in China reached a two-month high on Friday.
Continue reading "Spot Iron Ore Reaches Two-Month High"
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.
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.
Continue reading "What Possible Glencore, Xstrata Merger Means for Iron Ore"
The Iron Ore Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
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Wednesday, February 8, 2012