By Kishori Krishnan Exclusive To Iron Investing News Global commodity demand appears to be bouncing back. Miners, who had been savagely affected by the recession as customers slammed the brakes on spending and relied on the backlogs in their warehouses, are also reporting a pick-up. Steadily rising prices for key commodities such as copper and [...]
Continue reading "Demand Bouncing Back"
Friday, June 5, 2009
Global miners Rio Tinto and BHP Billiton are to combine their Australian iron ore operations, six months after BHP dipped a hostile takeover bid for Rio Tinto. John Sevior, head of Australian equities for Perpetual Investments, stated: I think it’s a very clever deal. For full story, click here
Continue reading "How does BHP-Rio Iron Ore stacked up for investors?"
Monday, May 4, 2009
Brazilian miner MMX declared on Monday that it would resume operations at the Corumba iron ore mine which were halted in December 2008 to slow output during the global financial slump. For full story, click here
Continue reading "Brazilian Miner MMX will reopen Corumba Iron Ore Mine"
Wednesday, April 15, 2009
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, [...]
Continue reading "Iron Market: Heading For A Glut?"
Wednesday, April 1, 2009
Cliffs Natural Resources Inc. announced its plans to boost production of iron ore pellets at its Michigan operations above previously announced levels. For full story, click here
Continue reading "Cliffs to boost Upper Penninsula iron ore production"
Thursday, November 13, 2008
Over 150 small sponge iron units have closed their operations and several small and mid-sized steel plants and rolling mills scattered across the eastern region are on the verge of shutting down manufacturing units temporarily. Chhattisgarh Sponge Iron Manufacturers’ Association president Anil Nachrani, said: Both sponge iron makers and small steel-making firms are struggling to make [...]
Continue reading "Demand meltdown dissolves 150 small sponge iron units"
Wednesday, November 12, 2008
Advanced Explorations Inc. provided further details on its planned, wholly-owned iron nugget operation associated with the Roche Bay Project in Nunavut,Canada. For full story, click here
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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Tuesday, July 28, 2009