Tuesday
,
01 Jul 2008
Chinese steelmakers said they support the deal between Baosteel and Rio Tinto, despite the larger price increase compared to Brazilian iron ore, but remain opposed to an iron ore price index
Tuesday
,
24 Jun 2008
No kidding, Rio Tinto’s 2008 iron ore contract settlements are like oil jumping to $270 a barrel, or gold hopping to $1 800 an ounce.
Monday
,
23 Jun 2008
The Fortis VM Group’s Asian Metals Monthly says negotiations on Australia’s iron ore contract price will become even tougher in future as the country’s imports is set to double again over the next five years.
Friday
,
20 Jun 2008
Rio Tinto has attacked a regulator’s proposals that other companies should be allowed to use its heavily utilised Pilbara rail lines to export iron ore.
Thursday
,
19 Jun 2008
Anglo Russian iron ore developer, Aricom – a spinoff from Peter Hambro Mining – has announced its first ore shipment from its Kuranakh mine from Russia’s far eastern Amur province.
Wednesday
,
18 Jun 2008
The cost of Rio Tinto’s latest plans to expand its Pilbara iron ore output to 320 million tonnes a year by 2012 has been approved.
Monday
,
16 Jun 2008
In a defensive speech against the BHP Billiton bid for the company, Rio Tinto’s Albanese says the company is confident about the huge Simandou iron ore project in Guinea.
Wednesday
,
11 Jun 2008
Rio Tinto is facing queries from the Guinean government over the validity of its mining concession for the US$6-billion Simandou iron ore project.
Wednesday
,
11 Jun 2008
The Chinese need for huge iron ore supplies from Australia has had a major impact on earnings in the remote Pilbara region of Western Australia.
Tuesday
,
10 Jun 2008
The junior end of the iron ore mine development plans in the Pilbara of Western Australia received a huge boost today when the State government said it would take submissions that may compel the dominant producers – BHP Billiton and Rio Tinto – to open up their railway lines to other users.
Monday
,
09 Jun 2008
An attack by Maoist rebels who blew up power lines could put India’s NMDC’s Bailadila iron ore mining complex pout of action for seven to ten days.
Sunday
,
08 Jun 2008
The Varanus Island gas explosion and subsequent loss of around 30 percent of the state's gas supplies is creating serious problems for the state's massive mining industry and will affect productivity and supply for months, rather than weeks.
Wednesday
,
04 Jun 2008
Junior company IMX appears to have beaten all the junior and mid tier iron ore companies in Western Australia aspiring to get into production this year or next by launching trial mining at its Cairn Hill project in the far north of South Australia.
Wednesday
,
04 Jun 2008
An explosion which has halted output at a major gas distribution plant in Western Australia has cut supplies to major users including a number of Australia’s mining operations.
Tuesday
,
03 Jun 2008
A magnetite-vanadium deposit in the big Pilbara iron ore province of Western Australia that was considered sub-economic for decades may now be providing bigger smiles for its owners and planned Chinese customers.
Tuesday
,
03 Jun 2008
New mining method promises doubling of reserves at its Canadian niobium mine, while Iamgold also making moves to cut costs at African gold operations by $40 an ounce.
Monday
,
02 Jun 2008
Locked in a high stakes poker game, Chinese steel makers and Australian iron ore miners look as though they are close to an agreement on new contract prices for iron ore deliveries for the next year.
Thursday
,
29 May 2008
Top Chinese steel company Baosteel says it is keen to increase co-operation with Fortescue Metals as it takes delivery of first iron ore from the Australian miner.
Wednesday
,
28 May 2008
As iron ore becomes one of the commodities of the moment, a tie-up between two developers in the Yilgarn iron ore province in Australia, raises questions on the likely reaction of China’s Sinosteel which has been in bid talks with one of the parties.
Friday
,
16 May 2008
Rio Tinto has already spent US$300 million on its Simandou iron ore project but the company still eyes investors from China to partner it as it moves to develop the 170 million tonne per annum mine.
Wednesday
,
14 May 2008
Brazil’s Vale, the world’s largest iron ore miner, will spend $44 billion on expanding output this year on the way to raising it by 50 percent by 2013 – and has 26 other projects which could expand output even further if strong demand from China continues to grow.
