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Latest Iron mining Stories

2011-06-29 11:16:00

Symbol:-TSXV.NAA VANCOUVER, June 29, 2011 /PRNewswire/ - Sierra Iron Ore Corp (the "Company") is pleased to announce that it has successfully negotiated an amendment to the El Creston Agreement respecting the El Creston property. As previously announced, the Company acquired an option to earn a 50% interest in the El Creston property in Sinaloa, Mexico from Minera Copper Canyon de Mexico S.A. de C.V.(the "Owner"). The El Creston Agreement will pay the Owner a combination of cash and...

2011-04-06 07:30:00

SANTIAGO, Chile, April 6, 2011 /PRNewswire/ -- Fauve Intertrade Corporation, a global commodities private-equity company, announced today the emergence of their iron ore operations in Chile. Fauve Intertrade has formed equity partnerships and acquired mining rights with several mines, for the production and distribution of iron ore. Additionally, Fauve has negotiated to acquire and develop several ports in Central and Northern Chile. Fauve plans to capitalize on the global demand of iron...

2011-01-06 08:25:00

MINNEAPOLIS, Jan. 6, 2011 /PRNewswire/ -- Cargill today announced that it had reached an agreement with Magnetation, Inc. of Nashwauk, Minn. under which the companies will explore opportunities to develop and utilize Magnetation's proprietary mineral processing technology. According to Magnetation, the patent-pending Rev 3(TM) Separator technology allows mining operators to recover a marketable, high-grade iron ore concentrate from low-grade hematite iron deposits, including material left...

2010-09-29 00:07:00

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...

2010-09-15 07:30:00

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...

2009-07-27 18:25:11

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 --...


Word of the Day
attercop
  • A spider.
  • Figuratively, a peevish, testy, ill-natured person.
'Attercop' comes from the Old English 'atorcoppe,' where 'atter' means 'poison, venom' and‎ 'cop' means 'spider.' 'Coppa' is a derivative of 'cop,' top, summit, round head, or 'copp,' cup, vessel, which refers to 'the supposed venomous properties of spiders,' says the OED. 'Copp' is still found in the word 'cobweb.'
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