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Ores

BHP Sacks 500 Iron Ore Workers

The world's largest miner, BHP Billiton, has cut 500 Australian jobs out of its iron ore business.

Monday, June 30, 2014

Bank of China Goes Tough on Iron Ore Credits

Bank of China- the largest provider of import credits for iron ore in the country has issued fresh set of guidelines, making life miserable for ore importers in the country. This follows the tough government regulations on imports of iron ore as collateral for...

Wednesday, June 11, 2014

SA Urged to Explore for More Iron-ore Resources

The bulk of South Africa’s existing iron-ore resources in the Northern Cape would be depleted in the next 30 years and the country would have to find new sources, VMI Investment Company exploration manager Dr Luke Longridge said during the fourth Africa Iron ...

Friday, June 6, 2014

India's TATA Steel and SAIL to Restart Iron Ore Mines

[Ferro-Alloys.com] It is reported that India’s Tata Steel and Steel Authority of India Ltd. (SAIL) have restarted most of their iron ore mines in eastern Odisha state after getting new permits from the state government.

Thursday, June 5, 2014

Nippon Steel puts iron ore, coal on $1 bln fund's investment radar for captive mines

Japan's Nippon Steel & Sumitomo Metal Corp may consider investing in iron ore or coking coal mines from its nearly $1 billion warchest for overseas investments but won't bid for the U.S. plants of Russia's Severstal, an executive said.

Thursday, May 29, 2014

Indian Iron Ore Production Expected to Reach 284 MT by 2020

[Ferro-Alloys.com] Indian iron ore production are expected to reach 284 million tons (MT) by 2020 with an annual growth rate of about 7.4% a year.

Wednesday, May 28, 2014

Rio to Develop Guinea Iron Ore Project

[Ferro-Alloys.com] Rio Tinto has struck a deal with Guinea's government to push ahead with plans to develop a $US20 billion iron ore project.

Tuesday, May 27, 2014

Stavely Minerals Exploring Copper Deposits in Victoria

[Ferro-Alloys.com] The Herald Sun reported today that while the state of Victoria in Australia has been explored extensively for gold, there has been little deeper exploration for copper.

Tuesday, May 27, 2014