By Melissa Pistilli-Exclusive to Iron Investing News The Baltic Dry Index (BDI), what has been referred to as the “canary in the coal mine” for global trade health, rose 7.5 per cent on Friday. This latest development has injected a dose of optimism into the iron ore market. “Indications are that miners have been [...]
Continue reading "Baltic dry index: Iron market revival"
Tuesday, December 2, 2008
By Melissa Pistilli-Exclusive to Iron Investing News BHP Billiton’s hostile takeover bid for rival Rio Tinto finally came to an end last week. On November 25, BHP announced it was dropping its $66 billion bid for Rio due to the current global economic crisis and Rio’s $42.1 billion in debt. The takeover process had begun [...]
Continue reading "BHP’s takeover of Rio dies"
Tuesday, November 4, 2008
By Melissa Pistilli-Exclusive to Iron Investing News EU objects to BHP takeover of Rio The European Commission (EU) has issued a statement of objections to BHP Billiton Ltd. concerning its hostile takeover of Rio Tinto Inc. The statement outlines the potential competition problems that may result from such a merger. EU anti-trust regulators have voiced concerns [...]
Continue reading "Iron ore industry highlights"
Tuesday, October 21, 2008
By Melissa Pistilli-Exclusive to Iron Investing News As China’s economic growth began to slow into the third quarter this year, many pointed a finger at factory closures during the Olympics. But now there is little doubt that the spreading global economic crisis is taking a toll on Asia’s largest boom economy. And it’s becoming quite [...]
Continue reading "Waning chinese growth affects iron prices"
Wednesday, September 10, 2008
By Melissa Pistilli – Exclusive to Iron Investing News The world’s largest iron-ore producer and exporter Companhia Vale do Rio Doce is now in the initial phase of negotiations with its Asian clients to raise prices. Vale has stressed that there was no guarantee that negotiations would conclude on a successful note. The proposed increase [...]
Continue reading "Vale looks to pump up iron prices"
Friday, August 8, 2008
BHP Billiton’s ongoing hostile takeover bid of of Rio Tinto may be over by the year-end. Four months ago, the $142 billion takeover was considered by most to be a sure bet. But now, all signs are pointing towards the bid running out of steam as the Chinese Ministry of Commerce and the European Commission seem [...]
Continue reading "Rio May Elude BHP’s Grasp"
For upcoming iron ore investing trade shows, see the following links: Cambridgehouse, IIC, Chicago Resource Expo
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.
IronInvestingNews.com maintains a focus on Iron exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
Tuesday, December 16, 2008