Additional channel sample results with respect to the St. Anthony’s Gold project has been announced by Pacific Iron Ore Corporation (TSX.V: POC). The project has the potential to host gold resources. These results confirm historic grades from the St. Anthony mine area and demonstrate widespread gold mineralization over a large area. In light of the [...]
Continue reading "Pacific Iron Ore provides update"
Friday, June 26, 2009
Baoshan Iron & Steel Co. declared that it plans to sell $731.7 million worth of three-year notes on the interbank market Tuesday. For full story, click here
Continue reading "Baoshan Iron and Steel will sell CNY5 bln 3 year notes"
Tuesday, June 16, 2009
Adriana Resources Inc. declared that it has granted incentive stock options to an officer of the Company to purchase up to 2,000,000 common shares in the capital stock of the Company pursuant to a Share Option Plan approved by shareholders. For full story, click here
Continue reading "Adriana Resources has granted incentive stock options"
Monday, March 30, 2009
By Kishori Krishnan Exclusive To Iron Investing News It was bound to happen. Brazilian stocks dropped for the first time in three days, paring their best monthly gain in a year, on concern that the rebound in commodity prices may not be sustainable as the global economic slowdown deepens. Cia Vale do Rio Doce, (NYSE:RIO) [...]
Continue reading "Iron Price Faces Volatility"
Tuesday, February 17, 2009
Market is still not sure how and when the US economic stimulus plan would stir up the weakening demand. For full story, click here
Continue reading "Will US economic stimulus plan help raise demand?"
Monday, February 16, 2009
The $787 billion fiscal stimulus plan inched its way through the legislative process and will be ready for presidential sign-off this week but it has already been eclipsed by concern as to what the U.S. government is going to do to recapitalise its banks. For full story, click here
Continue reading "Stimulus plan already been eclipsed by concern"
Tuesday, January 27, 2009
Rio Tinto has all but halted its $2.5 billion expansion of the Kitimat smelter. For full story, click here
Continue reading "Rio suspends its smelter expansion plans"
Tuesday, January 27, 2009
Rio Tinto said has shelved a plan to extend its Northparkes mine in Australia as it slashes capital spending. For full story, click here
Continue reading "Rio Tinto said has shelved a plan to extend its Northparkes mine"
Thursday, November 27, 2008
Layoffs were aimed at achieving the company’s aim of reducing selling, general and administrative costs by $1 bn. For full story, click here
Continue reading "ArcelorMittal unveils 9,000 job cuts plan"
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Tuesday, September 29, 2009