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Iron-ore
 
IRON-ORE

Fortescue opens new berth in Port Hedland

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Iron-ore miner Fortescue Metals on Friday officially opened its new iron-ore berth in Port Hedland. The berth was the first of two to be constructed at the Herb Elliott port, which would achieve a 120-million ton a year capacity by 2013.
By: Esmarie Swanepoel
25th May 2012
 
 
IRON-ORE

Jambreiro moves closer to development - Centaurus

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Brazilian iron-ore developer Centaurus Metals has received government approval for the final exploration reports on the three key tenements of its Jambreiro iron-ore project. The National Department of Mineral Production’s approval paved the...
By: Esmarie Swanepoel
25th May 2012
 
 
IRON-ORE

Bungalow resource increases by 230%

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Iron-ore developer Centrex Metals on Friday reported a 230% mineral resource increase at its Bungalow magnetite project, in Southern Australia’s Eyre Peninsula. The project is now estimated to host some 338-million tons of resource, with the...
By: Esmarie Swanepoel
25th May 2012
 
 
CORPORATE ACTIVITY

TNG finalises Chinese investments

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ASX-listed TNG has completed the final stage of it’s A$13.4-million transaction with two Chinese firms, boosting its cash reserves to over A$11-million. The resources company said on Friday that the overall transaction resulted in the...
By: Esmarie Swanepoel
25th May 2012
 
 
DIVERSIFIED MINERS

$200bn capex ambition of mining majors under spotlight

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The great China-led economic supercycle that has been boosting global economies for a decade is falling below its expected trajectory, which is giving rise to questions supercycle slippage and demise.
By: Martin Creamer
25th May 2012
 
 
Iron-ore

Brazil’s Vale invests to get around Chinese megaship ban

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Brazilian diversified mining major Vale, the world’s number two mining group in terms of market capitalisation, Has announced that it is to establish a second floating iron ore transfer station, in Subic Bay in the Philippines. This station will...
By: Keith Campbell
25th May 2012
 
 
Iron-ore

Europe’s biggest blast furnace produces 70-millionth ton of steel

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Blast furnace Schwelgern 2, owned by diversified industrial group ThyssenKrupp Steel Europe, produced its seventy-millionth ton of hot metal, in February.
By: Chantelle Kotzé
25th May 2012
 
 
IRON-ORE

Rio upbeat about Pilbara’s iron-ore future

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Diversified miner Rio Tinto has moved to allay fears that it was close to depleting its iron-ore deposits in the Pilbara, with iron-ore CEO Sam Walsh saying that the company was expecting growth in output. “Our mine plan presently extends to...
By: Esmarie Swanepoel
24th May 2012
 
 
 
 
 
 
 
Iron-ore Multimedia
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More iron-ore supply than demand – Kumba Video
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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
 
 
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