Iron – Mining.com reported that top iron ore producer Vale SA (NYSE:VALE) will expand operations at its mine in Carajas, Brazil. The mine is currently the world's largest iron-ore complex.
Articles Tagged "Iron Company News"
Iron – Reuters reported that BHP Billiton plans to raise its production of iron ore this year in an attempt to acquire more of the Chinese market for the metal.
Iron – Bloomberg reported that Rio Tinto (NYSE:RIO) has announced record iron ore production for the first quarter of 2014. The increased outputs will add to a rising global surplus, according to Bloomberg.
Iron – The Wall Street Journal reported that BHP Billiton Ltd. (ASX:BHP) signaled it may pursue a new wave of asset sales in order to focus on commodities such as iron ore and petroleum, which make up the lion's share of its earnings.
Iron – Champion Iron Mines Ltd. (TSX:CHM) and Mamba Minerals Ltd. (ASX:MAB) announced the completion of an arrangement under which Mamba and subsidiary Champion Exchange will acquire all of Champion Iron Mines' outstanding common shares.
Iron – Alderon Iron Ore Corp. (TSX:ADV,NYSEMKT:AXX) announced that The Kami Mine Limited Partnership, an affiliate of Alderon, has signed a Grant-in-lieu of Municipal Taxes Agreement with the Town of Wabush with respect to the development of the Kami iron ore project, located in Western Labrador.
Iron – Carpentaria Exploration Ltd. (ASX:CAP) announced that the maiden indicated resource for its Hawsons iron project sits at 215 million tonnes at 16.2-percent mass recovery. It contains 35 million tonnes of premium-grade magnetite concentrate.
Iron – Sundance Resources Ltd. (ASX:SDL) announced that its subsidiaries, Cam Iron SA and Congo Iron SA, have signed a 10-year offtake agreement with Noble Resources International Pte Ltd., a global commodities trader.
Iron – Mineweb reported that the West Australia-based Roy Hill iron ore project has been given the largest funding package a land-based mining project has ever received.
Iron – Bloomberg reported that according to Charles Siwawa, CEO of the Botswana Chamber of Mines, Rio Tinto plc (ASX:RIO,LSE:RIO,NYSE:RIO) may have found "huge" iron ore deposits in the country.