Articles Tagged "Project"

Atlas Iron Ltd. has updated on Wodigna Dso Project

Atlas Iron Limited declared that the interim findings of its Feasibility Study assessing the proposed development of its Wodgina DSO Project, located approximately 100 kilometers south of the port of Port Hedland in the Pilbara region of Western Australia. For full story, click here

Macarthur increases resource to 341 million tonnes

Macarthur Minerals (CVE:MMS) reported today that the resource estimate at the Lake Giles project in Western Australia by 73 per cent to 341 million tonnes. The iron ore resource is only in the inferred category and averages 26.1% iron. The company’s press release states that more drilling will start this month and is designed with [...]

Baffinland announces deal with Inuit at Mary River

Baffinland Iron Mines (TSE:BIM) announced today that they have signed a memorandum of understanding with the Qikiqtani Inuit Association.  This is an early step in negotiating a Inuit Impact and Benefits Agreement covering employment, training, education, contracting, workplace conditions and other issues concerning the Inuit community in the area of the Mary River Project. Gordon McCreary, [...]

Gindalbie to use $162m to fund Karara iron project

Gindalbie Metals Limited announced to have received the overwhelming support of its shareholders for the $162 million share placement to its joint venture partner, Chinese steelmaker Ansteel. Gindalbie Metals reported that $146 million of the money would be used to fund the second stage of development of its Karara Iron Ore project. For full story, [...]

Uptick From China Bolsters Hope for Iron

By Kishori Krishnan Exclusive To Iron Investing News Ahead of contract talks, iron-ore miners are seeking a price rise. On the horizon is a firmer demand in China, which has ensured that despite concerns about the length and depth of the global recession, iron ore miners are pushing for as much as a 5 per [...]

Advanced Exploration Message from the President

Advanced Explorations Inc. today sent a message from John Gingerich, the President and CEO. The message listed iron ore results from recent news releases including the intersect of 218.5 metres of 32.21% iron. In the letter Gingerich says: The Company has been appreciative of the patience and support of our shareholders.  We will be at [...]

Baffinland Updates on Drilling, Bulk Sample

Baffinland Iron Mines Corp today udpated investors on 2009 drilling plans and a general corporate update, including an update on the bulk sample sent to European customers. Gordon McCreary, President and CEO is quoted saying: As we emerge from January as a leaner organization with an approved and fully funded budget for 2009, we remain [...]