Mining Weekly reported that the government of India has officially buried its iron ore mining windfall tax proposal despite the need for it in some of the country’s provinces.
Articles Tagged "iron ore mining"
Macarthur Minerals Limited (TSX:MMS,OTCQX:MMSDF) announced an update on its iron ore projects.
Platt's reported Severstal (MCX:CHMF) plans to raise output of coking coal and expects iron ore projects to come online as early as 2017.
By 2015 iron ore production is set to grow by 53 percent. This has worried investors that falling prices will hurt the bottom line of some of the world’s largest mining firms. Recent movements in share prices have reflected these concerns. Yet the heads of the BHP, Vale, and Rio Tinto remain confident.
SMH reported increased production at Western Australian mines led the way to a record $175 billion worth of resources and energy exports from Australia.
Mining Weekly reports ArcelorMittal (NYSE:MT,AMS:MT,JNB:ACL) will complete its due diligence of an iron-ore prospect in the Northern Cape by the end of August.
Reuters Africa reports Australian mining company Sundance Resources (ASX:SDL) will spend $600 million to develop its iron ore mine in the Congo Republic.
Mineweb.com reports that Scandinavian Resources (ASX:SCR) announced itself as a Iron Ore player in Sweden by acquiring the Rakkuri project
By Kishori Krishnan Exclusive To Iron Investing News The world’s eighth-largest steel maker, India’s Tata Steel Ltd (TISC.BO), has said it expects its European unit Corus to be operating at full capacity by the end of the fiscal year in March. Corus, Europe’s second-largest steelmaker, operated at 80 per cent capacity in October. In a [...]