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Ferrous Metals
 
IRON-ORE

Rio Tinto opens 22Mt/y iron-ore mine in Pilbara

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Diversified miner Rio Tinto on Thursday officially opened its Brockman 4 iron-ore mine, in the Pilbara region of Western Australia. The $1,5-billion mine would initially produce 22-million tons a year of high-grade iron-ore, with the opportunity...
2nd September 2010
 
 
IRON ORE

Brazil state says makes big iron ore find

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Brazil's Mato Grosso state government said on Wednesday it had registered a major mineral deposit discovery with an estimated 11,5-billion tons of iron ore of a 41 percent Fe grade. If confirmed it would be bigger than the country's massive...
1st September 2010
 
 
ELECTRICITY

Ruukki studies 250-MW plant to supply Mogale Alloys

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Finnish company Ruukki plans to start a feasibility study for a proposed 250-MW power plant to provide its Mogale Alloys venture in South Africa with reliable electricity supply, by the fourth quarter of this year. Ruukki, which bought the Mogale...
1st September 2010
 
 
IRON ORE

Baffinland Iron seeks partner for Nunavut project

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TSX-listed Baffinland Iron Mines is hoping to secure a strategic partner for its $4,1-billion Mary River iron ore project within the next two to three months, chairperson and acting CEO Richard McCloskey said on Tuesday. Baffinland is looking to...
31st August 2010
 
 
IRON-ORE

Bellzone made 'real progress' in past six months – CEO

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West Africa-focused Bellzone Mining was looking forward to the next 12 months as it continues with the development of its flagship Kalia iron-ore mine, in Guinea. Commenting in an interim report to shareholders, CEO Nik Zuks said that the company...
31st August 2010
 
 
IRON-ORE

Grange Resources posts 50% drop in FY profit

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Australia’s largest magnetite producer, Grange Resources, reported full-year output of 2,4-million tons of iron-ore pellets, but lower prices hit the company’s profit. Grange, which produces pellets from an operation in Tasmania, on Tuesday...
31st August 2010
 
 
IRON-ORE

Centaurus boosts Passabem iron-ore resource to 39Mt

0 COMMENTS
Iron-ore-miner Centaurus Metals on Tuesday reported a fifteenfold increase in the Joint Ore Reserves Committee resource at its Passabem iron-ore project. Centaurus said in a statement that the Brazilian project is now estimated to host 39-million...
31st August 2010
 
 
IRON-ORE

Baosteel says still in talks on Q4 ore price

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Leading Chinese steel maker Baosteel is still negotiating with global miners on the price of iron-ore in the fourth quarter, the company's chief financial officer said on Monday. Brazil's Vale, the world's biggest iron-ore producer, said it would...
30th August 2010
 
 
 
 
 
 
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