January 17, 2012
Commodities face twin macro risks in Europe, China, Morgan Stanley says
Commodity markets face the “twin macro risks” of a European recession and a hard landing in China this year, according to Morgan Stanley.
January 17, 2012
Commodity markets face the “twin macro risks” of a European recession and a hard landing in China this year, according to Morgan Stanley.
January 17, 2012
Miner Fortescue Metals shipped a record 14.77 million tonnes of iron ore in the December quarter.
January 17, 2012
The Porto Sudeste tunnel project in Brazil features a 20.5 m wide tunnel and will accommodate four conveyor lines to become one of the widest tunnels of its type globally.
January 16, 2012
The market for iron ore is likely to soften this year but industry leaders Rio Tinto and BHP Billiton are not pulling in production, betting that the slowdown in steelmaking…
January 16, 2012
Alderon Iron Ore Corp. (TSX:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce that it has closed a C$40 million strategic investment from Liberty Metals & Mining Holdings, LLC ("LMM"), a subsidiary of…
January 16, 2012
The country hopes the new platform will help strengthen its pricing power and wrest control from Vale, BHP Billiton and Rio Tinto, which between them control three quarters of global…
January 15, 2012
Brazilian iron ore producer Vale SA (VALE) will likely wait until the end of the Lunar New Year to sell a massive cargo of iron ore that was delivered into…
January 14, 2012
Baoshan Iron & Steel Co Ltd, China's biggest listed steelmaker, said on Saturday its 2011 net profit fell 43.4 percent to 7.3 billion yuan ($1.2 billion).
January 13, 2012
The Australian reports the Queensland government is going after speculative prospecting by what the state treasurer termed two-dollar shell mining companies, slapping the industry with $375 million in additional fees.…
January 13, 2012
The Zimbabwe Mining Development Corporation has discovered gold and massive iron ore deposits at its emerald and tantalite Sandawana Mine in Mberengwa District.
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