A subsidiary of Canada Chrome Corporation, KWG Resources Inc (TSXV: KWG), has appointed a railroad engineering firm for a new railroad link. The firm has completed several projects with KWG’s principal shareholder Cliffs Natural Resources (NYSE: CLF). The North American business unit of Cliffs Natural is comprised of six iron ore mines owned or managed [...]
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 [...]
By Kishori Krishnan Exclusive To Iron Investing News Rio Tinto has completed the sale of its Corumba iron ore mine in Brazil to mining giant Vale SA for a cash consideration of $750 million. The Corumba sale, which was agreed in January, includes a potash project in Argentina and exploration assets in Canada. The Corumba [...]
Brumby Resources Limited declared that initial first pass drilling has commenced at it’s DSO iron ore exploration targets on its 100% owned Pardoo East Project in the Pilbara region of Western Australia. For full story, click here
India government may soon raise the royalty rates on extraction of minerals like copper, iron ore and zinc to enrich the exchequers of states possessing these resources. For full story, click here
Indonesia’s PT Earthstone Resources announced that it plans to produce 3 million tonnes of iron ore this year after starting output at one of its mines on Sumatra island. For full story, click here
Sundance Resources announced upgradation of a substantial portion of its mineral resource at the Mbalam iron-ore project, in Cameroon, from inferred to indicated. Sundance MD Don Lewis stated: This upgrade represents another important milestone for the Mbalam project, highlighting the size and quality of the iron-ore resource supporting our proposed development of a world-scale, long-life [...]
Atlas Iron Limited pursuant its option agreement with Haddington Resources Limited declared that on January 15th 2008, it has given Haddington notice of its intention to exercise its option to acquire the iron ore rights to 6 Pilbara tenements from Haddington. For full story, click here
Brockman Resources recently declared that the pre feasibility study for its Marillana iron ore project, in the Pilbara region of Western Australia was likely to be complete by July this year. For full story, click here
Stellar Resources has revealed that it has applied for an exploration license over an area approximately 40 km east of its Coolybring magnetite project within the Tarcoola iron ore district. For full story, click here
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