Cyclone Debbie disrupts $3.2bn of Australian coal exports

Consolidated Thompson's shares dropped two cents to close at $17.11 on Friday after the company announced its shareholders have approved the friendly takeover by Cliffs Natural Resources Inc. Under the deal, made public in mid-January, Cliffs Natural Resources acquired Consolidated Thompson for CDN$4.9 billion (US$4.6 billion) or C$17.27 in cash per common share. The transaction is expected to close in the second quarter.

Fortescue Metals Group has discovered more than one billion tonnes of iron ore in Western Australia's Pilbara and aims to develop it rapidly. Sydney Morning Herald reports: The new project, named Nyidinghu, is about 35 kilometers south of Fortescue's first mine, Cloudbreak, and contained an inferred resource of 1.032 billion tonnes of ore at a grade of 58 per cent iron, the company said.

Anglesey’s 41%-owned associate Labrador Iron Mines Holdings Limited (TSX: LIM) has signed an agreement with Tshiuetin Rail Transportation Inc. (“TSH”) for the […]

Vale was the most profitable mining company in 2010, says an earnings report released this week by the Brazilian diversified mining giant. […]

The Brazilian mining giant said iron ore production from the Zogota mine will have a capacity of 15m tonnes in 2012 before […]

Compañía Minera del Pacífico has awarded the EPCM contract or its Cerro Negro Norte iron ore mining projects to international engineering firm AMEC International engineering and project management company, AMEC, has been awarded an engineering,

Andrew "Twiggy" Forrest may face directorship ban following the overturning of an earlier court case by the Australian Federal Court Today proved to be a day of champagne followed by flat beer for the chief executive of Fortescue Metals Group Ltd (ASX:

Cliffs Natural Resources CEO says the growth in profits came on the back of the group’s move to increase exposure to global […]

Mining Weekly reports that iron-ore junior Alderon Resources, which has a project on the Labrador-Quebec border, has already been seeing interest from […]