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...
By: Reuters
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...
By: Chanel de Bruyn
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...
By: Matthew Hill
31st August 2010
IRON-ORE
Bellzone made 'real progress' in past six months – CEO
0 COMMENTS
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...
By: Chanel de Bruyn
31st August 2010
IRON-ORE
Grange Resources posts 50% drop in FY profit
0 COMMENTS
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
0 COMMENTS
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...
By: Reuters
30th August 2010
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Ferrous Metals Multimedia
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