RECENT NEWS
The Times of India  7 hrs ago  Comment 
The government has again delayed a decision on permitting Posco to mine iron ore, seeking more clarifications from Odisha where the South Korean company has waited nine years to set up a $12 billion steel plant.
TheStreet.com  Oct 17  Comment 
NEW YORK (TheStreet) -- Shares of Cliffs Natural Resources Inc aare down 6.42% to $8.89 on Friday after the largest U.S. iron ore production company said itaexpects to record a non-cash impairment of about $6 billionaon its seaborne iron ore and...
SeekingAlpha  Oct 17  Comment 
By The Investment Doctor: A positive surprise from Down Under as major iron ore miner Fortescue Metals (OTCPK:FSUMF) has announced its production rate for the first quarter of financial year 2015 (which is the third quarter of calendar year 2014)....
SeekingAlpha  Oct 17  Comment 
By Vladimir Zernov: Rio Tinto (NYSE: RIO) has recently issued its third quarter operations review. Not surprisingly, the company increased its iron ore production once again. Iron ore production rose 5% compared to the second quarter of 2014, and...
TheStreet.com  Oct 17  Comment 
Claims that slumping iron ore prices will lead to a shakeout of producers gained credence this week after London Mining plc appointed administrators a day after a Brazilian producer filed for bankruptcy protection. London Mining on Thursday, Oct....
The Australian  Oct 17  Comment 
A WAR of words has broken out between Rio Tinto iron ore boss Andrew Harding and Fortescue Metals chief Nev Power.
The Australian  Oct 17  Comment 
BHP says the majors will keep flooding the over­supplied iron ore market with new supply until returns are inadequate.
The Australian  Oct 17  Comment 
AT Mount Whaleback, BHP Billiton’s oldest WA iron ore mine, the effects of a cost-cutting, two-year-old productivity drive are clear to see.
Wall Street Journal  Oct 17  Comment 
Cliffs Natural Resources said it expects to take a $6 billion write-down on its seaborne iron ore and coal assets in its September quarter, as the mining company continues to struggle with falling iron-ore prices.




 
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