Asia Resources declared that it has entered into a memorandum of understanding with the owner of a 1,195 hectares iron ore deposit in Indonesia, in which it intends to purchase a 55% stake. For full story, click here
Continue reading "Asia Resources Commenced Due Dilligence on Iron Ore Mine"
Tuesday, July 21, 2009
There are billions of dollars at stake, but China still has not agreed on a price with its major iron ore suppliers for the current year. For full story, click here
Continue reading "Iron Ore Deal is a Core Issue"
Tuesday, June 23, 2009
Brazilian iron ore miner MMX declared that it received a nonbinding offer from China’s Wuhan Iron And Steel Inc for a minority stake in it and its subsidiary MMX Sudeste Mineracao. For full story, click here
Continue reading "Brazilian Iron Ore Miner MMX has got offer from Wuhan"
Wednesday, June 10, 2009
State-owned NMDC Ltd declared that it will acquire a majority stake in Kudremukh Iron Ore Co Ltd. For full story, click here
Continue reading "NDMC will acquire stake in Kudremukh Iron Ore"
Monday, March 30, 2009
Consolidated Thompson Iron Mines Ltd announced that Chinese steel maker Wuhan Iron and Steel Corp has agreed to make a $240 million in the Canadian mining company in return for a 19.9 percent stake in the company. For full story, click here
Continue reading "China’s Wuhan iron purchase stake in consolidated thompson"
Sunday, August 17, 2008
India’s Dempo Group is may divest 40% in a company that will house its 100 million tonne iron ore reserve. Mr Shrinivas V Dempo, chairman of VS Dempo & Company, said: We are already in talks with 3 to 4 private equity players. We expect to finalize the deal by the end of December. For more information, [...]
Continue reading "Dempo group to sell stake in iron ore firm"
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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Sunday, August 2, 2009