Latest Iron mining Stories

TSX.V: AWS VANCOUVER, Sept. 17, 2012 /PRNewswire/ - Robert L. Card, President of Arrowstar Resources Ltd., (TSXV: AWS), (the "Company") reports that the Company is planning to diamond core drill the Snettisham magnetite iron ore deposit located near Juneau, Alaska this fall.  The Company recently completed a ground magnetic survey of the property and preliminary results have been reviewed by Phillip Thomas, the Company's Vice President of Exploration.  Complete results and...

Revenue for the Global Iron Ore Mining industry has been growing at double-digit rates over the past five years. Strong growth in iron ore demand until 2009 caused producers to scramble to lift output, both by expanding existing mines and committing to new mine developments. As a result, steel producers, faced with rising iron ore prices over the past few years, are taking a renewed interest in acquiring iron ore assets. Trends in steel production and the supply and demand position for...

CLEVELAND, Aug. 31, 2012 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today a short-term extension of its labor contract with the United Steelworkers (USW) since both parties have not reached a new agreement. The parties have agreed that the Union will not strike and the Company will not lock out until 48 hours after providing written notice to the other party of their intent to be released from this no strike/no lockout commitment. (Logo:...

Highlights: -- Three large magnetite outcrops, the largest measuring 500 metres by 600metres were identified in the west of the 128 claims located about 40km northwest of Kangirsuk and 1,647 kilometres north of Montreal, Quebec. -- 25 samples were taken and values were recorded on the "Magnetite" Scale of a KT-10 Plus magnetitic susceptibility meter. -- The samples will be assayed and a ground...

Highlights: -- Ten grab samples were tested for magnetic separation using a Davis Tube Test: Sample 9 achieved 86.7% that contained 57% Fe, and Sample 4 achieved 57.2% that contained 40.8% Fe. This was very encouraging and further work will be undertaken. -- A bulk sampling program will be undertaken in the next few weeks to concentrate the sampling in these two areas to determine the extent of each...

TSX.V: AWS VANCOUVER, June 28, 2012 /PRNewswire/ - Arrowstar Resources Ltd. ("Arrowstar" or the "Company") (TSXV: AWS), is preparing its exploration program on the Company's Rannie Lake project in Labrador, Canada.  Desk top research of the available data has been concluded. The property covers some 4,300 hectares and it is noted that outcrop is sparse and undergrowth is prolific.  A detailed ground based geophysics and sampling study is being considered in July 2012 subject...

New market study “Iron Ore Mining Market in Europe to 2020 - Abundant Reserves and Global Demand for Steel Likely to Drive Production” prepared by GBI Research has been recently published by Market Publishers Ltd. According to the report, recent developments in the global iron ore market, driven primarily by the rapid industrialization of China, mark the beginning of deep changes in the structure and dynamics of the market and are putting steelmakers’ profitability at risk. London,...

DALLAS, May 10, 2012 /PRNewswire/ -- ReportsnReports.com adds new market research reports on the Iron Ore Mining Industry: - Iron Ore Mining Market in Asia-Pacific to 2020 - Interplay Between Regional Demand for Steel and Iron Production Shapes the Competitive Landscape...

CLEVELAND, Jan. 26, 2012 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today provided an update on its 2011 expected results by business segment, along with its business segment outlook for 2012. Cliffs will report its complete fourth-quarter and full-year results on Feb. 15, 2012, and hold a conference call with the investment community at 10 a.m. on Feb. 16, 2012 (additional conference call information below). (Logo:...

PHOENIX, Dec. 21, 2011 /PRNewswire/ -- Zentric, Inc. (OTCBB: ZNTR) (OTCQB: ZNTR) William Tien, President of Zentric, Inc. is pleased to announce Zentric (HK) Limited, a wholly owned subsidiary of Zentric, Inc. has signed a Letter of Intent to acquire a 90% of CV. SEMBILAN BANGUN LAKSANA, a mine management company in Indonesia. CV. SEMBILAN BANGUN LAKSANA controls a lead ore mine in Indonesia as well as a very valuable Export License for Lead Ore. Assay results has determined that...