Iron Ore Company
MINING SAFETY
Rio Tinto arm faces safety violation charges after fatality
Newfoundland and Labrador has charged Rio Tinto unit Iron Ore Company of Canada with five violations of safety regulations in the death of a worker and the serious injury of another in March 2010, the government said on Thursday. Eldon Perry died...By: Matthew Hill
24th February 2012
Rio Tinto
Company Announcement: Rio Tinto Investor Seminar
Rio Tinto is holding an investor seminar in Sydney today with an in-depth look at its Iron Ore and Aluminium product groups.
28th November 2011
URANIUM
Rio Tinto tells Hathor owners to tender shares
Rio Tinto on Wednesday reiterated its call to shareholders of Hathor Exploration to tender their shares in the uranium junior to its friendly C$578-million offer. The diversified mining titan last month bid C$.15 a share for the TSX-listed...By: Matthew Hill
2nd November 2011
DIVERSIFIED MINER
Rio Tinto operates at full capacity as fundamentals ‘hold up well’
Diversified miner Rio Tinto has set new quarterly records for iron-ore sales and coking coal production for the quarter ended September, as its operations recovered from severe weather conditions in Australia earlier this year.
“While we are...
13th October 2011
IRON ORE
Labrador Iron ships first ore to China
TSX-listed Labrador Iron Mines (LIM) announced this week the ship carrying its first ore to China had set sail. Chairperson and CEO John Kearney called the event a “momentous” day for the company, which started producing ore from its James...By: Matthew Hill
4th October 2011
IRON-ORE
LIM to double iron-ore output to 4-5Mt/y by 2014
TSX-listed Labrador Iron Mines on Friday said it’s considering building a second plant near Schefferville, which could double the company’s capacity to produce the steelmaking ingredient to four-to-five-million tons yearly from 2013. The...By: Matthew Hill
19th August 2011
CORPORATE DISPUTE
State to lay charges against Kumba for subverting of Act, manipulating officials
The Department of Mineral Resources (DMR) is likely to lay charges against Kumba Iron Ore next week following revelations by Advocate Willie Vermeulen in the North Gauteng High Court on Wednesday that such charges were being prepared.
Details...
By: Terence Creamer
17th August 2011
IRON ORE
Rio Tinto to decide by 2013 on doubling Canadian iron-ore output
Multinational miner Rio Tinto will decide in 2013 on a project to double the production at its Canadian iron-ore operations from 23-million to 50-million tons yearly by around 2015, a spokesperson said Tuesday.
While the company is still...
By: Matthew Hill
16th August 2011
DIVERSIFIED MINER
Rio Tinto’s Australian operations recover from floods
Diversified mining group Rio Tinto’s Australian operations have largely recovered from the floods, which hampered production earlier this year, with the miner on Thursday reporting higher second-quarter iron-ore and coal output.
“Operations...
14th July 2011
IRON-ORE
New Millennium eyes top Canadian iron miner title
Companies in Canada’s Labrador Trough could be producing 100-million tons to 150-million tons of iron-ore yearly in the next 10 to 15 years if they carry out their plans, New Millennium Iron CEO Dean Journeaux said on Tuesday.
To put that in...
By: Matthew Hill
13th July 2011
IRON-ORE
Alderon names new CEO, Morabito appointed chair
Alderon Resources, developing the Kami iron-ore deposit in western Labrador, on Wednesday announced that former Iron Ore Company of Canada (IOC) VP Tayfun Eldem will replace Mark Morabito as CEO in September.
Morabito, in turn, will take over the...
By: Matthew Hill
6th July 2011
IRON ORE
Labrador Iron signs another rail agreement
Canadian junior Labrador Iron Mines (LIM) has inked a pact with NYSE-listed Genesee & Wyoming’s local unit to run the rail line linking its Silver Yards iron-ore processing plant near Schefferville to the main tracks leading to the Sept-Iles...By: Matthew Hill
28th April 2011
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