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Latest Iron ore Stories

2014-09-10 08:23:37

CLEVELAND, Sept. 10, 2014 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that it has successfully negotiated an amendment with the banking group party to its revolving credit facility to allow for the Company to proceed at its discretion with the previously announced share buyback program. Lourenco Goncalves, Cliffs Chairman, President and CEO, stated, "We are very pleased that our banking partners have worked with us so that we now have the flexibility...

2014-09-09 16:22:24

CLEVELAND, Sept. 9, 2014 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today announced that it has appointed John T. Baldwin to its Board of Directors, effective immediately. Lourenco Goncalves, Chairman, President and Chief Executive Officer of Cliffs stated, "John is a highly experienced and respected executive who represents an outstanding addition to our Board of Directors. He brings decades of operational experience, deep strategic capabilities, and overall...

2014-09-09 00:20:58

Monthly Index Totaled 45.88, Down 1.09 Points from August's Reading of 46.97 BEIJING, Sept. 8, 2014 /PRNewswire/ -- The health of China's steel sector may be poised for a less than robust immediate future, according to the latest Platts China Steel Sentiment Index (Platts CSSI), which showed a September reading of 45.88 out of a possible 100 points. This is down 1.09 points from an August reading of 46.97 and is the third consecutive month the index has remained below 50, indicating...

2014-08-20 20:21:03

RnRMarketResearch.com adds "Iron Ore Mining in South Africa to 2020" to its store. The report contains an overview of South Africa's iron ore mining industry together with the key growth factors and restraints affecting the industry. DALLAS, Aug. 20, 2014 /PRNewswire-iReach/ -- The 'Iron Ore Mining in South Africa to 2020 report comprehensively covers the country's historical and forecast data on iron ore production by form, reserves, consumption and trade to 2020. The trade section provides...

2014-08-03 20:20:31

The Steel Index (TSI)-Based Coking Coal Futures and Swaps Launched Today SINGAPORE, Aug. 3, 2014 /PRNewswire/ -- The Singapore Exchange (SGX) is utilizing The Steel Index (TSI)'s daily coking coal price indices published by Platts, a leading global provider of energy, metals and commodities information, as the settlement basis for its metallurgical coal futures and swaps contracts launched today. "The steelmaking industry and the marketplace benefit from more information and we're pleased to...

2014-07-24 12:23:45

MUMBAI, India, July 24, 2014 /PRNewswire/ -- Sesa Sterlite Limited, India's largest diversified natural resources company, will announce its results for the First Quarter ended 30 June 2014 on Tuesday, 29 July 2014. (Logo: http://photos.prnewswire.com/prnh/20140117/663814 ) Following the announcement, there will be a conference call at 6:00 PM (IST) on Tuesday, 29 July 2014, where senior management will discuss the company's results and performance. The...

2014-07-24 08:26:51

GRAND RAPIDS, Minn., July 24, 2014 /PRNewswire/ -- Magnetation LLC ("Magnetation") announced that it will hold a conference call on Wednesday, August 13, 2014, at 10:00 a.m. Central Time to discuss financial results for the three months ended June 30, 2014. The second quarter financial results will be available on https://magnetation.com/financial_reporting/ no later than August 8, 2014. To access the financial results and login information for the conference call, a party must...

2014-07-17 08:23:58

GRAND RAPIDS, Minn., July 17, 2014 /PRNewswire/ -- Magnetation LLC (Magnetation) announced today that it has successfully completed a $100 million senior secured notes tack-on offering. The proceeds from the offering will be used to complete its iron ore expansion projects ahead of schedule and finance the increased production capacity of its new iron ore concentrate plant. "We are very pleased with the execution on these projects by our Magnetation team members as well as our...

2014-07-02 08:22:44

Monthly Index Totaled 45.90, down 6.03 Points from June's Reading of 51.93 BEIJING, July 2, 2014 /PRNewswire/ -- The health of China's steel sector appears to have ebbed slightly, with the industry largely anticipating a slowdown in new steel orders in July, according to the latest Platts China Steel Sentiment Index (Platts CSSI), which showed a reading of 45.90 out of a possible 100 points and marked a six-month low. The July reading is down 6.03 points from 51.93 in June and the...

2014-06-26 16:20:30

LONDON, June 26, 2014 /PRNewswire/ -- Expanding its portfolio of products dedicated to shipping, Platts, a leading global provider of energy, petrochemicals, metals and agriculture information, has launched Platts Dry Freight Wire, a daily report that consolidates all of Platts' prices, news and market commentary related to dry commodity shipping. The new market report, which debuted on June 25, complements three longstanding Platts publications that provide similar coverage of crude...


Latest Iron ore Reference Libraries

28_2e75b7b4202fc44cb88f662db2bba1fc
2005-05-26 09:37:09

Limonite Limonite is a ferric hydrate of varying composition, the generic formula is frequently written as FeO(OH)·nH2O, although this is not entirely accurate as Limonite often contains a varying amount of oxide compared to hydroxide. Together with hematite, it is mined as ore for the production of iron. Limonite is heavy and yellowish-brown. It is not a true mineral, however, but a mixture of similar hydrated iron oxide minerals, mostly Goethite. Limonite forms mostly in or near...

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Word of the Day
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'