Andes Iron and Chilean ME enter conciliation process over $2.5-billion project

Danny Williams, the colourful ex-premier of Newfoundland, will serve as special advisor to the chairman of iron ore junior Alderon Iron Ore Corp. (CSV:ADV).

Al Jazeera reports that metal theft in England is widespread, and a British railway authority says that metal theft has cost them milllions.

2011 will go down as the year when the wind fell out of the sails of economic recovery and serious storm clouds gathered on the horizon.

If 2010 was the year of rising commodity prices, 2011 was the year of The Deal.

Western Australia invited China to invest in a A$5.94 billion (US$6 billion) port and rail project that aims to open up a new iron ore province in the state's Mid West after Wednesday stripping a Mitsubishi Corp.-led venture of exclusive development rights.

The Atlantic profiles Christmas light recyclers, a job that moved to China when the environmental restrictions in the U.S. became too onerous.

Shares in the Thai steelmaker fell sharply on Wednesday after ArcelorMittal pulled out of a deal to buy a 40% stake in it.

Anglo American (LON:AAL) has increased the capital expenditure budget for its largest project in development, the Minas-Rio iron ore mine in Brazil, by 15%, the London-listed major miner announced on Tuesday. That takes the capex for the project up to US$5.78 billion.

Tenova, a worldwide supplier of advanced technologies and equipment for the iron & steel and mining industries, announces today the acquisition of Bateman Engineering N.V., a leading equipment supplier and engineering house for the mining industry. The transaction is subject to the approval of the antitrust authorities.