Latest Iron ore Stories

LONDON, February 17, 2012 /PRNewswire/ -- In an online video interview with MerchantCantos, Anglo American CEO Cynthia Carroll conceded that high commodity prices helped boost profits but insisted that the mining giant's focussed operations played their part. Interviewed on the group's full-year 2011 results she said: "No matter where we are in the cycle and where the prices are, we are delivering value on a sustainable basis." The mining boss noted the...

CLEVELAND, Feb. 15, 2012 /PRNewswire/ -- Full-Year Revenues Hit a Record $6.8 Billion, with Net Income Attributable to Cliffs' Shareholders Increasing 59% to a Record $1.6 Billion, or $11.48 Per Diluted Share 2011 Cash from Operations Reaches Record $2.3 BillionGlobal Iron Ore Sales Volume Reaches 40 Million TonsCliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today reported fourth-quarter and full-year results for the period ended Dec. 31, 2011. Record full-year revenues of $6.8...

SYDNEY, Feb. 14, 2012 /PRNewswire/ -- Australian investment events company, Symposium, is giving Americans the chance to learn more about the thriving Australian resource sector by holding a series of free roadshows. The Australian resource sector currently makes up around 40 percent of Australia's total exports. Thanks to abundant mineral resources and cutting-edge technology, Australia has long held a reputation as a reliable and competitive supplier of high-quality mineral and...

ADELAIDE, Australia, Feb. 9, 2012 /PRNewswire-Asia/ -- SolveIT Software Pty Ltd, a leading provider of enterprise software for supply & demand optimisation and predictive modelling, announced today that the 2012 Integrated Planning & Optimisation Summit (IPOS'12) will draw approximately 400 delegates on February 27th and 28th at the Adelaide Convention Centre: www.IPOS2012.com. The summit is hosted by SolveIT Software and Schneider Electric, and is the largest and most comprehensive...

TSX.V - GMG Highlights: -- Gulfside and Pacific Rim agreement for option to acquire 100% interest in Port Snettisham Magnetite Iron Ore Deposit, Alaska -- Aggregate consideration for 100% interest is $3,770,000 plus 2.5% NSR royalty -- Significant exploration including geophysics and 11 hole drill program, metallurgy and benefication work completed by previous explorers -- 64.5% Fe pellet...

CLEVELAND, Feb. 7, 2012 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today that it plans to dissolve its Michigan Iron Nuggets Joint Venture with Kobe Steel. The joint venture was originally formed in 2007 to explore the viability of constructing a commercial operation to produce a pig iron substitute using Kobe's ITmk3 technology and Cliffs' iron ore assets. This product was anticipated to be marketed as a feedstock to the electric arc...

LONDON, February 1, 2012 /PRNewswire/ -- Manganese: Global industry markets and outlook, 2012 (12th Edition) At the end of 2011, market conditions for manganese products were relatively weak, with a large stockpile of ore at Chinese ports, and poor demand for steel long products. Underlying these factors specific to manganese were low business confidence and economic uncertainty, particularly in Europe and the USA, arising in part from the Eurozone debt crisis....

CLEVELAND, Jan. 26, 2012 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today provided an update on its 2011 expected results by business segment, along with its business segment outlook for 2012. Cliffs will report its complete fourth-quarter and full-year results on Feb. 15, 2012, and hold a conference call with the investment community at 10 a.m. on Feb. 16, 2012 (additional conference call information below). (Logo:...

CLEVELAND, Jan. 19, 2012 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today announced projected full-year 2012 capital expenditures expectations. Cliffs plans to invest approximately $1 billion, comprised of approximately $300 million of sustaining capital and $700 million of growth and productivity-improvement capital. Cliffs' 2012 capital budget represents an expected 12% increase over the Company's 2011 capital expenditures of approximately $880...

VANCOUVER, Jan. 17, 2012 /PRNewswire/ - Northern Iron Corp. (TSXV: NFE) ("Northern Iron") (OTCQX: NHRIF) (Frankfurt: N8I) today released assay results for drill holes KA-11-20, 21 and 22 on the Karas property. The drill holes continue testing the true thickness of the magnetite mineralization in line with the previously released holes, testing the western part and down dip extension and plunge of the magnetite mineralized zone, which is still open at depth. "These results continue...