Rio, BHP Drive Iron Ore Mines Harder in September Quarter
Reuters reported Rio Tinto (ASX:RIO,LSE:RIO) and BHP Billiton (ASX:BHP,LSE:BLT) had record quarterly iron ore shipments.
Articles Tagged "iron ore mines"
Sundance says to spend $600 mln on Congo iron ore mine
Reuters Africa reports Australian mining company Sundance Resources (ASX:SDL) will spend $600 million to develop its iron ore mine in the Congo Republic.
170 million tons of iron ore reserves found in Qinghai
Global Times.com reports that China's first Iron Ore mine has been discovered by Qinghai Provincial Bureau of Nonferrous Metal and Geological Exploration.
China To Plough Investments Into Iron
By Kishori Krishnan Exclusive to Iron Investing News China is set to accelerate investment in iron ore projects in Australia, the world’s biggest exporter, after the collapse of its deal to buy stakes in mines owned by the Rio Tinto Group (RIO:AU). Australia has A$26 billion (US$ 21 billion) of proposed new iron ore mines, [...]
Iron Market: Heading For A Glut?
By Kishori Krishnan Exclusive To Iron Investing News The alarm bells have started ringing. On the sidelines of a mining conference, Rio Tinto said iron ore prices are certain to fall in 2009, the first decline in seven years, but not by the 50 per cent suggested by some steel makers. On the spot market, [...]
