India Buries Iron Ore Mining Windfall Tax Proposal
Iron – Mining Weekly reported that the government of India has officially buried its iron ore mining windfall tax proposal despite the need for it in some of the country’s provinces.
Articles Tagged "iron ore mining"
Macarthur Minerals Announces Iron Ore Project Update
Iron – Macarthur Minerals Limited (TSX:MMS,OTCQX:MMSDF) announced an update on its iron ore projects.
Russia’s Severstal to Focus on Raising Iron Ore Output
Iron – Platt's reported Severstal (MCX:CHMF) plans to raise output of coking coal and expects iron ore projects to come online as early as 2017.
Expanding Iron Ore Supply Weighs on Price
Iron – By 2015 iron ore production is set to grow by 53 percent. This has worried investors that falling prices will hurt the bottom line of some of the world’s largest mining firms. Recent movements in share prices have reflected these concerns. Yet the heads of the BHP, Vale, and Rio Tinto remain confident.
Western Australia Mines Record $175 Billion Worth of Resources Exports
Iron – SMH reported increased production at Western Australian mines led the way to a record $175 billion worth of resources and energy exports from Australia.
Mittal Expects to Make N Cape Iron-Ore Mine Call by End Aug
Iron – Mining Weekly reports ArcelorMittal (NYSE:MT,AMS:MT,JNB:ACL) will complete its due diligence of an iron-ore prospect in the Northern Cape by the end of August.
Sundance says to spend $600 mln on Congo iron ore mine
Iron – Reuters Africa reports Australian mining company Sundance Resources (ASX:SDL) will spend $600 million to develop its iron ore mine in the Congo Republic.
Australian junior picks up Swedish iron-magnetite projects from Rio, Anglo American
Iron – Mineweb.com reports that Scandinavian Resources (ASX:SCR) announced itself as a Iron Ore player in Sweden by acquiring the Rakkuri project
Alturas Signs Mining Agreement
Copper – Alturas Minerals Corp (CVE:ALT) announces that its subsidiary Alturas Minerals S.A. has entered into an agreement with the Origen Group S.A.C
India’s Iron Fist Thumps In Canada
In a bid to ensure adequate supply to Corus’ European plants, India’s Tata Steel has signed an C$ 300 million agreement with New Millennium Capital Corp of Canada. Another $5 billion is to be invested in Vietnam. The world’s eighth-largest steel maker, India’s Tata Steel Ltd (TISC.BO), has said it expects its European unit [...]
