RECENT NEWS
Business Standard  2 hrs ago  Comment 
Sical Logistics Ltd has received Letter of Acceptance (LOA) from the New Mangalore Port Trust for setting up an iron ore handling facility at the deep draft multi purpose berth on BOT basis at New Mangalore Port. The Concession Agreement was...
Shocked Investor  5 hrs ago  Comment 
Considered the last great frontier of exploration for potash in the world, the region where the Madeira and Amazon rivers meet will be reactivated later this month with the start of drilling of Potassio do Brasil, a company that operates with...
Business Standard  Nov 7  Comment 
Iron ore exports jumped 13 per cent in the first half of the current financial year due to a sudden spurt in Chinese offtake as steel mills build their inventory.
Reuters  Nov 7  Comment 
The Orissa government will inspect several iron ore mines, a government official said, in a crackdown on firms involved in illegal mining or violating environment rules.
Business Standard  Nov 6  Comment 
The state-owned KIOCL Ltd (formerly, Kudremukh Iron Ore Company Ltd) is trying to extend its life further after its captive mine was shut down from January 2006 following a Supreme Court order. With its proposed merger with NMDC falling through,...
Metal Bulletin  Nov 6  Comment 
Brazil’s iron ore giant Vale has signed a 900 million Reals ($522 million) contract with Usiminas under which it will transport 10.1 million tonnes per year of inputs and finished steel products for the local steelmaker
Mining Weekly  Nov 6  Comment 
Indian iron ore exports jumped an annual 88% in September as Chinese demand picked up, and partly reflected a statistical effect caused by a slump in the same month last year in the wake of the world economic crisis. Exports climbed to...
Metal Bulletin  Nov 6  Comment 
Spot iron ore prices are expected to continue to rise next week with the benchmark negotiations underway, although gains will be capped by cautious buying from mills, said market sources.
WA Business News  Nov 6  Comment 
Cazaly Resources has re-named its Hamersley project in the Pilbara after a feisty AFL footballer to distance the junior iron ore explorer from any association with its sparring partner Rio Tinto.
The Australian  Nov 6  Comment 
FLINDERS Mines has flagged spinning off the company’s non iron ore assets into a new company to list on the ASX.
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