BHP, Rio Tinto set to pay mining tax in Australia as Gillard Clinches Deal

Tue, 07 Sep 2010 09:49:00 GMT
Rio Tinto and other iron ore and coal producers will pay A$10.5 billion ($9.6 billion) more in tax in the first two years of the 30 percent levy proposed by Gillard. BHP Billiton Ltd. and Rio Tinto...
Tags: Iron Ore

Metinvest’s iron ore concentrate output up 30% in Jan-Aug

Tue, 07 Sep 2010 09:01:00 GMT
The Ukrainian mining and steel producing company Metinvest Holding (Metinvest) has announced that in January-August this year its iron ore subsidiaries produced 24.207 million mt of iron ore concen...
Tags: Iron Ore

Riviera Resources to develop iron ore project in Brazil

Tue, 07 Sep 2010 05:37:00 GMT
Western Australian based Riviera Resources has announced South American Ferro Metals (SAFM) has received a Brazilian State Environmental Committee approval for ‘Installation and Operational&r...
Tags: Iron Ore

Indian steel industry opposes iron ore export

Tue, 07 Sep 2010 05:33:00 GMT
“Iron ore is an exhaustible resource and it is in the nation’s own interest that the government reconsiders its decision to export it, “ said J Mehra, Director, Essar Group. Mehra...
Tags: Iron Ore

Vale becomes market-maker amid Carajás pig iron 'crisis'

Tue, 07 Sep 2010 03:06:00 GMT
Vale said it is buying merchant pig iron from its own customers in northern Brazil to prop up the market while demand is weak. The purchasesare one of variousmeasures the miner has taken to regulat...
Tags: Iron Ore

Queensland closes on Gladstone shares

Tue, 07 Sep 2010 02:20:00 GMT
Gladstone Pacific Nickel has received a bidders’ statement from Clive Palmer’s Queensland Nickel Resources incorporating a cash offer for all ordinary shares of Gladstone that Queenslan...
Tags: Nickel

Southern Uranium finds high grade iron from rock chips at Jungle Dam

Tue, 07 Sep 2010 02:19:00 GMT
Southern Uranium has located new high-grade iron outcrops that further advance the iron ore prospects of the company’s Jungle Dam project on the Eyre Peninsula of South Australia. New prospec...
Tags: Iron Ore

Evraz's Canada subsidiary secures $290 million credit facility

Tue, 07 Sep 2010 02:10:00 GMT
The Evraz group’s Canadian subsidiary Evraz Inc NA Canada has secured a C$300 million ($290 million) four-year committed revolving credit facility, according to the parent company. The subsid...
Tags: Steel

South American Iron & Steel Corporation plans drilling at Quince in Chile

Tue, 07 Sep 2010 02:07:00 GMT
South American Iron Steel Corporation has commenced drilling at the Quince Iron Ore Project, Chile. The first stage of drilling at Quince will comprise five holes of 500 metres each, using an RC ri...
Tags: Iron Ore

Ed Nealon to develop a new iron mine in Limpopo

Tue, 07 Sep 2010 01:54:00 GMT
Business Report reported that Australian mining entrepreneur Ed Nealon would develop a new iron ore mine and pig iron plant in Limpopo, which would be listed on the JSE in April 2011.
Tags: Iron Ore