July 25, 2012
Northern Iron surges as Indians fatten offer
Shares in Australia's Northern Iron (ASX:NFE) surged by around 38% in Tuesday trading, on news that India's Aditya Birla Group had increased its takeover offer by 4%, bringing the bid…
July 25, 2012
Shares in Australia's Northern Iron (ASX:NFE) surged by around 38% in Tuesday trading, on news that India's Aditya Birla Group had increased its takeover offer by 4%, bringing the bid…
July 24, 2012
Australia's drilling industry is in the doldrums following a large-scale exodus of companies to Africa in pursuit of surveying projects.
July 23, 2012
"Mining companies are making it clear the current spike in investment is due to decisions taken a while back, whereas we are getting few new mining mega-projects across the line."
July 23, 2012
Iron ore mines slated for development in Tasmania's Tarkine region could imperil the survival of the only robust Tasmanian devil population still left in the wild.
July 21, 2012
Two employees of India’s Jindal Steel and Power were arrested on Friday and equipment confiscated in Bolivia, after the company abandoned its $2.1 billion El-Mutun iron ore project five days…
July 21, 2012
There is no end on sight to the mining boom in Australia, a country which mineral resources sector value is expected to reach $122.6 billion by 2016, growing at an…
July 21, 2012
The cost of building China's CITIC Pacific’s first iron ore mine in Australia, Beijing’s largest investment in the Aussie mining sector, has increased to a shocking $8 billion.
July 19, 2012
Look no further than rail traffic totals to see that the US is ditching coal and embracing natural gas.
July 19, 2012
Chinese import prices are now the lowest since November 8 2011, when the steelmaking ingredient was recovering from a crash in October. During that month iron ore shed $60 a…
July 19, 2012
Credit Suisse announced Wednesday it recruited David Hammond, the well-known mining banker from Morgan Stanley, to head up the mining and metals efforts of the Swiss bank worldwide.
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