October 1, 2011

BHP Billiton chairman buys up another $500,000 stake

JACQUES Nasser, for the second time in a month, has bought shares in BHP Billiton on the New York Stock Exchange. The chairman paid about $29.50 a share for scrip…

October 1, 2011

Punjab steel industry on 4-day strike

Chandigarh: Over 500 steel producers in Punjab today went on strike for four days to protest alleged harassment by officials of the Central Excise department. Earlier, the industry including induction…

October 1, 2011

African Minerals cuts iron ore sales forecast

Mining firm African Minerals Ltd cut its estimate of iron ore sales for 2011, as mine equipment at its Sierra Leone project was redeployed to build port and railway infrastrucure.

September 30, 2011

Indian cabinet passes new mine law; coal producers hit with 26% tax

A draft law approved by the Indian cabinet today directs miners to share their profits with people displaced by mining. The Wall Street Journal reports that the law, which has…

September 30, 2011

Century Iron Mines Corporation Announces Results of 2011 Annual General Meeting and Financial Results for the Three Months Ended June 30, 2011

TORONTO, ONTARIO--(Marketwire - Sept. 30, 2011) -

September 29, 2011

MINERAL PROCESSING: Outotec to deliver ferrochrome plant to China

ESPOO, Finland - Outotec Oyj will design, build and deliver a new ferrochrome plant to Baotou, in Inner Mongolia, China. The plant is to be operational in 2013 and produce…

September 29, 2011

Severstal planning higher production; bullish on coal, iron ore

Russian mining group Severstal plans to boost production of coking coal and expects iron ore mines in Liberia and Brazil to come online by 2017, the company said Thursday in…

September 29, 2011

ArcelorMittal formally commences iron ore production in Liberia

ArcelorMittal, the world's largest steel and mining company, recently commenced commercial iron ore production from its mining operations in Liberia. A launch event was held in Buchanan which was attended…

September 29, 2011

Australia’s Fortescue wins right to appeal disclosure case

Australian iron ore producer Fortescue Metals Group and its founder Andrew Forrest on Thursday won the right to appeal against a conviction for misleading investors in 2004, the company said…

September 29, 2011

ArcelorMittal starts iron ore production in Liberia

ArcelorMittal has begun commercial iron ore production from its mining operations in Liberia. By 2012, it aims to ship 4 mtpa of iron ore from Liberia. A first test shipment…