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Latest Iron mining Stories

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 --...

2009-05-06 09:00:00

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 tons...

2009-02-17 09:00:00

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 products...

2008-12-11 09:00:00

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 to...

2008-11-06 18:00:14

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...

2008-10-29 09:00:23

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...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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