Iron ore price rises on pre-holiday restocking, China stimulus hopes
"Winter restocking of iron ore among steel mills is still underway, so we believe ore prices will find some support in the near term," analyst says.
In yet another deal involving a Canadian iron-ore firm, junior Adriana Resources announced on Monday evening that it has signed a binding framework agreement with China's Wisco International Resources Development & Investment for a partnership on Adriana's Lac Otelnuk project...
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