Sibanye-Stillwater $108 million-move on DRDGold OK’d

The Japanese steelmaker expects its crude steel production in the January-March to be flat or slightly down on than that of the October-December period.

Several industry sources say the miner is considering selling its majority stake in the Amapa iron ore operation in Brazil to focus on its flagship Minas-Rio growth project.

The miner has delayed the first shipment from its Marampa iron ore mine in Sierra Leone to January to allow it to use larger supramax sized vessels instead of handymax sized vessels.

Job seekers in the Australian mining and construction industry were likely to benefit from a favourable hiring climate in the first quarter of 2012, said recruitment solutions provider Manpower.

A South African court has ruled that the Department of Mineral Resources wrongly awarded prospecting rights to the Sishen iron ore mine to Imperial Crown Trading 289 (ICT).

Hundreds piled into a public hearing Wednesday on a new bill affecting a huge iron ore mine in northern Wisconsin. "Many stood against the wall and dozens more stood outside the room in the hallway. Committee aides said about 130 people had registered to speak," Duluth News Tribune reported.

China Knowledge reports the Middle Kingdom could experience an escalation in the demand for iron ore according to the Ministry of Industry and Information Technology.

The head of India's biggest iron ore miner says Australia's reputation as a very favorable place to invest has not been dented by the combination of a carbon tax, mining tax and escalating labour costs as the $22 billion group prepares to establish a local mining arm.

Pressured by Asian and European steelmakers not wanting to be locked into expensive iron ore contracts, Vale SA has bent to a new system that would see lower quarterly prices.