Latest Iron mining Stories
TOWNSVILLE, Australia, Sept. 29 /PRNewswire/ -- Iron Glen Holdings Limited is pleased to announce that the drilling program for their highly prospective and extremely well located tenement 40 kilometers south west of Townsville has commenced. Based upon previous seismic surveys, soil sampling and analysis and fieldwork the company anticipated that this program would involve 6 drill holes drilled to a depth of approximately 100 meters. However, the recently completed Gravity Survey has...
WEST CHESTER, Ohio, Sept. 15 /PRNewswire-FirstCall/ -- AK Steel (NYSE: AKS) today said it is revising its outlook for the third quarter of 2010, which was originally issued with its second quarter 2010 earnings results on July 27, 2010. The company's revised third quarter outlook primarily reflects costs associated with the acceleration of planned maintenance work at its Ashland (KY) blast furnace, as well as higher raw material and operating costs than were expected at the time of its...
Workers in Minnesota's taconite industry are being asked to take part in a study to determine why so many of them are getting a rare cancer, researchers say. University of Minnesota scientists said letters began going out Monday to current and former employees of mining companies that extract the iron-bearing rock from the earth of northern Minnesota, the Minneapolis Star Tribune reported. The mystery is why higher-than-expected numbers of the workers have developed -- and succumbed to --...
BEIJING, May 6 /PRNewswire-Asia/ -- Himfr.com (http://www.frbiz.com/industrial-supply/ ), one of China's leading B2B search platforms with more than 30 B2B industry websites to its name, discusses the iron ore market. This year the demand for domestic iron ore is not optimistic and will be down from last year. China's iron ore imports this year will also be reduced. The global economic recession has seen a decline in steel demand. China's iron ore stocks were at 70 million...
BEIJING, Feb. 17 /PRNewswire-Asia/ -- Himfr.com ( http://www.himfr.com/ ), one of China's leading B2B search platforms with more than 30 B2B industry websites to its name, analyzes China's Mineral resources ( http://www.hardware-wholesale.com/ ). This year, under a sharp economic downturn, the overall demand for major mineral products ( http://www.hardware-wholesale.com/buy-mineral/ ) has been falling sharply, while production capacity remains at surplus levels. Mineral...
BEIJING, Dec. 11 /PRNewswire-Asia/ -- Himfr.com (http://www.himfr.com/ ), one of China's leading B2B search platforms with more than 30 B2B industry websites to its name, believes that steel (http://www.hardware-wholesale.com/ ) prices have reached the bottom. According to Himfr.com's analyst, with demand still catching up with the production surplus, steel (http://www.hardware-wholesale.com/buy-steel/ ) prices have remained low but the falling trend have been smaller. According...
Cliffs Natural Resources Inc. (NYSE: CLF) today reported that in anticipation of potentially necessary production curtailments, its North America business unit has initiated compliance with the U.S. Department of Labor's Worker Adjustment and Retraining Notification (WARN) Act, by notifying local officials and the United Steelworkers in four operating locations of the potential for production curtailments and employee reductions. WARN Act notification is required 60 days in advance under...
Altius (TSX: ALS) is pleased to announce drill core assay results have been received for the first four drill holes from its Kamistiatusset iron ore property located 10 km southwest of Wabush Mines in the heart of the iron ore mining district in western Labrador, Canada. A work program consisting of 24 drill holes totaling 6008 metres has been completed. Summarized assay results from the first four drill holes are provided in the table below. The highlights from these results are hole...
Researched by Industrial Info Resources (Sugar Land, Texas) -- Brazilian miner Vale (NYSE:RIO) (Rio de Janeiro), the world's largest iron ore producer, is awaiting environmental permits to develop the Serra Leste iron ore project, located near the city of Curionopolis in Brazil's Para state. With an investment of about $150 million, the company will construct an open-pit mine to produce 2 million tons per year of iron ore. For details, view the entire article by subscribing to Industrial...
China's Iron ore, steel prices may fall further: Ministry of Commerce BEIJING, Oct. 9 (Xinhua) -- China's Ministry of Commerce on Thursday said the prices of iron ore and steel products have further room for slide following recent retreat. Prices of domestic iron ore were at 1,200 yuan (176 U.S. dollars) per ton at the end of September, 12.4 percent lower than a month ago on slumping shipping rate, the ministry said. Prices of steel on average last month slid 5.9 percent month-on- month...
