Latest Iron mining Stories

2011-12-17 08:00:00

Over the next five years, the Iron and Steel Casting industry in China is forecast to experience revenue growth by an average annual rate of 9.7%, to reach $137.6 billion in 2016. Growth will be lower than it was over the past five years due to the following: expected appreciation of the RMB; Europe's volatile economic situation, which will negatively affect Chinese exports; and overall slower growth in market demand. In addition, the prices of raw materials, especially iron ore, are forecast...

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...

Word of the Day
  • A murmuring sound; a rushing or whistling sound, like that of the wind; a deep sigh.
  • A gentle breeze; a waft; a breath.
  • Any rumor that engages general attention.
  • A cant or whining mode of speaking, especially in preaching or praying; the chant or recitative characteristic of the old Presbyterians in Scotland.
  • To make a rushing, whistling, or sighing sound; emit a hollow murmur; murmur or sigh like the wind.
  • To breathe in or as in sleep.
  • To utter in a whining or monotonous tone.
According to the OED, from the 16th century, this word is 'almost exclusively Scots and northern dialect until adopted in general literary use in the 19th.'