Century Iron Announces Positive PEA for Joyce Lake Project
Iron – Century Iron Mines Corporation (TSX:FER) announced the positive results of its Preliminary Economic Assessment of the Joyce Lake DSO Project prepared by Cima+ in Quebec.
Iron – Century Iron Mines Corporation (TSX:FER) announced the positive results of its Preliminary Economic Assessment of the Joyce Lake DSO Project prepared by Cima+ in Quebec.
Iron – Mining Weekly reported that troubled iron ore producer Northland Resources has sent off its maiden shipment from the Kaunisvaara mine, which is located in Sweden, to end-customer Tata Steel UK.
Iron – Northland Resources SA (TSX:NAU, OSLO:NAUR, FRANKFURT:NPK), iron ore concentrate producer, announced that it has received notice from the Toronto Stock Exchange, which states that TSX will de-list the company’s common shares effective March 18th, 2013 if it fails to meet the TSX requirements.
Iron – Micron Enviro Systems, Inc. (PINKSHEETS:MSVS) announced that the merger with Britannia Mining, a mining developer which focuses on high grade iron, has been ratified. The company is currently preparing the company’s documents and filings to finalize the shareholder ratification.
Iron – Reuters reported that Australian shares rose 0.4% on Friday as mining stocks gained from a jump on the prices of iron ore. Major mining companies Rio Tinto and BHP Billiton climbed 0.8%.
Iron – Bloomberg reported that Anglo American Plc said iron ore production in its Kumba Iron Ore unit went down in the fourth quarter due to strikes.
Iron – Reuters reported that BHP Billiton (NYSE:BHP), the world’s largest miner, has chosen newcomer B&A as its preferred bidder for its iron ore deposits in Mount Nimba.
Iron – Reuters reported that mega miners such as Japan’s Mitsubishi Corp have put projects on ice due to the falling prices of iron ore, thereby stalling the completion of Australia’s key port, which could pave the way for a large iron ore belt export to the Asian market.
Iron – Reuters reported that the Singapore Exchange wants to set up iron ore futures in January in an effort to keep and attract clients from the U.S. who are dealing with stringent rules in trading OTC derivatives.
Iron – Sydney Morning Herald reported that the Bureau of Resources and Energy Economics (BREE) has increased its prediction of the price of iron ore Wednesday, from $US101 to $US106 per tonne.
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