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
Continue reading "Atlas Iron Ltd. has updated on Wodigna Dso Project"
Monday, May 4, 2009
Tata Steel announced that it has shelved its plans of re-bidding for the USD 1.6 billion iron ore project in Liberia. For full story, click here
Monday, April 6, 2009
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 [...]
Continue reading "Macarthur increases resource to 341 million tonnes"
Tuesday, March 31, 2009
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, [...]
Continue reading "Baffinland announces deal with Inuit at Mary River"
Friday, March 20, 2009
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, [...]
Continue reading "Gindalbie to use $162m to fund Karara iron project"
Thursday, February 26, 2009
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 [...]
Continue reading "Uptick From China Bolsters Hope for Iron"
Tuesday, February 17, 2009
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 [...]
Continue reading "Advanced Exploration Message from the President"
Monday, February 16, 2009
Undaunted by plummeting ore prices and a faltering steel industry, several multimillion-dollar mining initiatives continue to march forward on Minnesota’s Iron Range. For full story, click here
Continue reading "Iron Range’s new mining projects stay on track"
Thursday, January 29, 2009
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 [...]
Continue reading "Baffinland Updates on Drilling, Bulk Sample"
Wednesday, November 26, 2008
IronClad Mining Limited has signed a MoU with Wuhan Iron & Steel Corporation of China to jointly fund and develop two iron ore projects in South Australia. For full story, click here
Continue reading "IronClad Mining inks iron ore projects deal with Wuhan Steel"
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Tuesday, June 2, 2009