Richmond Mining (ASX: RHM) which logged the first hole between historical US Steel holes BV 35 and BV 40, has reported that an intersection of 130m of semi-massive and disseminated magnetite mineralisation took place at its Buena Vista iron ore project, 150km northeast of Reno, Nevada, USA. The article is quoted as saying: Seven of [...]
Due to a new pricing scheme for iron ore, the steel industry may be facing higher costs and will lose competitiveness in the market as compared with other materials according to the head of the World Steel Organisation said on Monday. Paolo Rocca, chairman of the steel body, “We will have no alternative but to [...]
A $US400 million project will be set up by RIO Tinto to expand the iron ore program in Canada, while the company reviews its Australian oeprations in the wake of the Rudd government’s resources super-profit tax. Sam Walsh, chief executive iron ore of Rio Tinto, mentioned that their plan to restart the program expansion is [...]
Iron ore demand is increasing among Chinese steel makers and the CISA lead boycott is simply not credible. Iron mining companies recognize this and will not relent from their position, which grows stronger every day that global demand recovers and ore prices rise.
Apella Resources Inc. (TSX VENTURE:APA)(FRANKFURT:NWN) provided its shareholders with the following corporate update on activities of the company.
Rare Earth Metals Inc (TSX VENTURE:RA) reported assay results from the 4 remaining drill holes on the Clay-Howells Prospect in northern Ontario.
CHAMPION MINERALS INC. (TSX VENTURE:CHM)(FRANKFURT:P02) reported that the company has engaged BBA Inc. to commence a Preliminary Assessment Study of the Bellechasse and Fire Lake North Iron Prospects from the Fermont Iron Property.
Jaguar Mining Enterprises, Inc. (PINKSHEETS: JAGR) reported that the recent change in management was necessitated by the need to have hands-on expertise at the mining locale, while maintaining administrative functions in the U.S.
Blackstone Ventures Inc. (TSX VENTURE:BLV) announced that the company has completed twelve short diamond drill holes totaling 1,650 metres at its Uma Cu-Zn-Au volcanogenic massive sulphide (VMS) project in northern Sweden.
Aura Minerals Inc.(TSX:ORA)reported first quarter gold production for the San Andres Mine in Honduras.
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