Alderon Iron Ore Oversold
Forbes reported Alderon Iron Ore Corp (NYSE:AXX) entered into oversold territory, changing hands as low as $2.45 per share.
Articles Tagged "Iron Stocks"
Short Sellers Targeting Fortescue
SMH reported Fortescue (ASX:FMG) is targeted by short sellers on speculation iron ore stocks are a poor buy with China demand falling.
Champion Minerals Trading on the OTCQX
Champion Minerals Inc. (OTCQX:CPMNF,TSX:CHM) an iron ore exploration and development company, is now trading on the highest tier of the OTC market, OTCQX®.
Vale’s Quarterly Profits Decline
Bloomberg reported stock in Vale (SAO:VALE5) declined after the company announced a huge loss in quarterly profits.
Canadian Orebodies Restructures Non-Iron Ore Assets
Canadian Orebodies Inc. (TSXV:CO) announced it will restructure its assets by spinning out the non iron ore assets into a new company to be incorporated.
Atlas Iron Considers Port
Bloomberg reported Atlas Iron Ltd. (ASX:AGO) is considering selling space to load vessels at Australia's iron ore port.
Alderon Iron to Sell Stake to Hebei
Reuters reported Alderon Iron Ore Corp (TSX:ADV) will sell a stake in itself and in its Kami iron ore project to China's Hebei Iron & Steel Group, for $195.4 million.
BHP’s Iron Ore Executive Quits
Reuters reported BHP Billiton's (ASX:BHP,NYSE:BHP) iron ore chief, Ian Ashby, is leaving the miner in the midst of an $11 million iron ore expansion.
BC Iron Pays $66,000 Fine for Failure to Notify Public of Potential Takeover
SMH reported junior miner BC Iron (ASX:BCI) has paid a $66,000 fine after ASIC said the miner failed to inform the market of a potential takeover.
Iron Ore Extends Bull Market
Bloomberg reported iron ore is extending a bull market rally on slow expansion and restricted supplies after hitting a 22-month low in October.
