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...

Word of the Day
  • The hard inner (usually woody) layer of the pericarp of some fruits (as peaches or plums or cherries or olives) that contains the seed.
This word comes from the Greek 'endon,' in, within, plus the Greek 'kardia,' heart.