Latest Iron ore Stories

SAN MATEO, Calif., Dec. 18, 2012 /PRNewswire/ -- China Armco Metals, Inc. (NYSE MKT: CNAM) ("China Armco" or the "Company"), a distributor of imported metal ore and metal recycler with a new state-of-the-art scrap metal recycling facility in China, today announced that on November 13, 2012 Armco Metals International Limited, the Company's wholly owned subsidiary, signed a third amendment to the Facility Letter dated March 25(th), 2009 (the "Amendment") with RB International Finance...

TSX.V: AWS VANCOUVER, Dec. 11, 2012 /PRNewswire/ - Robert L. Card, President of Arrowstar Resources Ltd., (TSXV: AWS), (the "Company") reports that the Company has  commissioned Inspectorate in Vancouver to complete an analysis of 105 rock samples (that included non-magnetite samples) that were categorized into two batches, the Piling group that is closely located to the ground magnetic survey high identified near claim 14 of the property and the Beach group located near Claim...

SOREL-TRACY, QC, Dec. 6, 2012 /PRNewswire/ - Rio Tinto, Fer et Titane (RTFT), a wholly-owned subsidiary of the Rio Tinto Group will initiate two major environmental improvement projects at its metallurgical complex in Sorel-Tracy in Quebec, Canada. The two projects are expected to require an investment of CAD$107 million. Dominique Bouchard, president of Rio Tinto, Fer et Titane, said: "These two major projects will allow us to improve our environmental performance by lowering...

LONDON, Dec. 3, 2012 /PRNewswire/ -- Britannia Mining Plc, a UK based mining development company [recently merged with U.S. based Micron Enviro Systems (Symbol: MSVS) - pending shareholder ratification] announced today, that on the heels of the Malawi Economic Recovery Plan (MERP) being championed by Her Excellency, President Mrs. Joyce Banda - which has encouraged governments, donors and private firms to financially support the effort, the mineral sector will receive a substantial...

GRAND RAPIDS, Minn., Nov. 27, 2012 /PRNewswire/ -- Magnetation LLC (Magnetation) announced today that it has selected Reynolds, Indiana as the site to build its new iron ore pellet plant. The new facility will produce high-quality iron ore pellets, a critical raw material in the steelmaking process. Magnetation currently anticipates breaking ground during the first quarter of 2013. The plant is expected to become operational in late 2014 or early 2015 and employ approximately...

NEW YORK, Nov. 26, 2012 /PRNewswire/ -- Micron Enviro Systems, Inc. (MSVS.PK), (soon to be known as Britannia Mining, Inc.), announced today the significance of the proposed merger with Britannia Mining, plc. "We believe Micron shareholders are beginning to understand the magnitude of the relationship with Britannia, however we wish to keep the investment community as informed as possible," stated Kenneth Roberts CEO of Britannia Mining and Micron Enviro Systems. "The strategic...

CLEVELAND, Nov. 19, 2012 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today a decision to delay portions of its Bloom Lake Mine Phase II expansion in Quebec and idle a portion of its production at two of its U.S. iron ore operations, Northshore Mining in Minnesota and Empire Mine in Michigan. The Company is adjusting its 2013 operating plans for its North American iron ore businesses to align with expected sales volumes. These production decreases...

LONDON, November 14, 2012 /PRNewswire/ -- With the disruption of supplies from India, concerns over slowing economic growth in China, and the effects of large stockpiles forcing the price of iron ore through a series of supposed "price floors", the iron ore industry has faced a turbulent time during 2011 and 2012. While the price of iron ore appears set to make a partial recovery, Roskill's new report offers a deeper level of insight into the dynamics driving the market, and...

CLEVELAND, Nov. 13, 2012 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today announced that its Board of Directors declared a quarterly cash dividend on the Company's common shares of $0.625 per share. The cash dividend will be payable on Dec. 3, 2012, to shareholders of record as of the close of business on Nov. 23, 2012. (Logo: http://photos.prnewswire.com/prnh/20101104/CLIFFSLOGO ) About Cliffs Natural Resources Inc. Cliffs Natural Resources Inc. is an...

WEST CHESTER, Ohio, Nov. 13, 2012 /PRNewswire/ -- AK Steel (NYSE: AKS) today provided an update to its outlook for the fourth quarter of 2012 contained in its Quarterly Report on Form 10-Q for the third quarter 2012 ("Third Quarter 2012 Form 10-Q"), including preliminary guidance on its fourth quarter financial results. AK Steel said today that it now expects shipments of approximately 1,375,000 to 1,400,000 tons in the fourth quarter of 2012 compared to shipments of 1,363,500...