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Iron-ore
 
IRON-ORE

Sundance secures A$40m investment, not worried about iron-ore pricing

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The dismally low iron-ore price was proving no hindrance to ASX-listed Sundance Resources’ Mbalam-Nabeba project, which crosses the border between the Republics of Cameroon and Congo. “I don’t really care what the iron-ore price is,” Sundance MD...
3rd September 2014
 
 
IRON-ORE

Indian iron-ore finds no takers, Goa auctions cancelled

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There were no takers for Indian iron-ore fines in the wake of weakening of international prices and high local tariff making exports unviable at current offer levels. Fearing a lack of response under such market conditions, the government of the...
3rd September 2014
 
 
IRON

Shougang's Peru unit declares force majeure on iron shipments

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Iron miner Shougang Hierro Peru, a unit of China's Shougang Group, declared force majeure on its shipments because of an ongoing strike that has curbed output, the company said on Tuesday. Shougang's country manager, Raul Vera, said the company...
3rd September 2014
 
 
IRON-ORE

Lacklustre Chinese demand drives iron-ore prices to 5-year low

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Benchmark iron-ore prices, which had fallen by more than one-third since the start of the year, last week breached the $90/t level and continued to spiral lower to 86.2/t on Monday, as a supply glut faces reduced demand growth from the commodity’s...
2nd September 2014
 
 
IRON-ORE

Tawana appoints companies to conduct Mofe Creek PFS

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Iron-ore developer Tawana Resources has appointed mining and minerals design and development groups Tenova Mining and Minerals and Engenium to manage and coordinate the major design and logistics components of a prefeasibility study (PFS) for its...
2nd September 2014
 
 
IRON-ORE

Tsodilo defines 441Mt resource estimate at Botswana iron-ore play

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Toronto-listed Tsodilo Resources has defined a large inferred mineral resource estimate of 441-million tons with an average grade of 29.4% iron in Block 1 of its flagship Xaudum iron project, in north-west Botswana. The company believed this...
2nd September 2014
 
 
IRON-ORE

Kumba Iron Ore bridges digital divide in black schools with sun’s help

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Smiling teacher Selby Nkwanyana with pupil Nontsikelelo Kalashe Anglo American company Kumba Iron Ore on Monday opened a sun-powered Internet school in Tembisa. The initiative, at Jiyana Secondary School, is the first of four such projects to better education, feed pupils and produce cooking gas from recycled...
1st September 2014
 
 
IRON-ORE

Centaurus adds to Candonga resource

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Metals developer Centaurus Metals has reported a 33% increase in the direct shipping ore (DSO) resource at its Candonga project, in Brazil. Following a recent drilling programme at Candonga, the project was now estimated to host a Joint Ore...
1st September 2014
 
 
 
 
 
 
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London Mining expects iron-ore prices... Audio
Ontario fast-tracks mining law revamp... Audio
Cleveland-Cliffs to buy coal-miner... Audio
Investment in South African mining... Audio