S. African Billionaire Motsepe Eyes Iron Ore Industry in Guinea
Iron – Mining Weekly reported that African Rainbow Minerals’ executive chairperson and South African mining magnate, Patrice Motsepe wants to invest in Guinea’s iron ore.
Articles Tagged "iron-ore"
Could South Africa’s Vanadium Loss be South America’s Gain?
Vanadium – The vanadium industry needs new frontiers — deposits in Brazil and Chile may have just what the sector is looking for.
Karara Iron Ore Project Opens In Western Australia
Iron – Mining Australia announced today the opening of Gindalbie Metals' Karara iron ore project in Western Australia. The opening of the project was met with over 150 dignitaries on site for the official ceremony.
Port Hedland’s China Iron Ore Shipments Increase 22% in March
Iron – Mining Weekly reported that Australia’s Port Hedland shipped 22% more iron ore to China in March compared to the previous month, a strong indicator of positive Chinese industrial activity.
Bellzone Shares Fall After Forecariah Iron Ore Output Downgrade
Iron – Bellzone shares fell at least 40% on Wednesday after it cut its Forecariah iron ore production forecast to less than a quarter of what it originally planned.
IMX Announces Significant Discoveries at Tomahawk North and Axehead
Iron – IMX Resources Limited (TSX:IXR, ASX:IXR) announced that new discoveries have been found at the Axehead and Tomahawk North prospects increasing iron magnetite targets to 1.5-1.8 billion tons for its Mt Woods Project.
London Mining Talks to Find Sierra Leone Partner Continue—CEO
Iron – Bloomberg reported that London Mining Plc, which is Sierra Leone’s second biggest iron ore producer, is still continuing talks to find a partner that will help finance its planned expansion of the Marampa mine.
Iron Ore Falls Lowest in 2013 on Slow Demand
Iron – The Sydney Morning Herald reported that iron ore prices fell to its lowest since December 2012 as China’s demand for steel decreased.
Iron Ore Suffers Biggest Decline in 7 Weeks on Increased Cargoes
Iron – Bloomberg reported that iron fell the most since January 16 after a storm caused little damage in Australia and resulted in increased cargoes.
Deutsche Bank Says Iron Ore is Slumping 24% on Expanding Supply
Iron – Bloomberg reported that iron ore could slump 24% by the end of 2013 according to Deutsche Bank AG, on expanding production and slowing Chinese restocking demand.
