Cleveland-Cliffs to merge with Alpha Natural Resources
After Cleveland-Cliffs (CLF-N) and Alpha Natural Resources (ANR-N) wrap up their merger, the new entity will own ni…
Iron Ore
Iron ore market to stay firm in 2009: forecasts
The Iron Ore Trust Fund of Geneva-based UNCTAD (United Nations Conference on Trade and Development) has published i…
Aura set to update Arapiraca resource
VANCOUVER–After a long delay at the lab, the final set of assay results before a resource calculation for Aura Minerals’ (ORA-T, ORAUF-O) Arapiraca project are in and look likely to bolster the size …
Vale has big money to spend
Almir Rezende has a problem that most of us would love to have: How to spend US$1 billion a month over the next five years.
Desert drilling returns strong iron grades for Anaconda
VANCOUVER — Promising drill results and an available drill rig prompted Anaconda Mining (ANX-T, ANXGF-O) to tack on an extra 4,200 metres to the drill program at its San Gabriel project in Chile, and…
Next M&A deal could be an Anglo American takeover by either Vale or Xstrata, Citigroup says
Just months after Vale (RIO-N) declared that the deal to buy Swiss-based rival Xstrata (XTA-L, XSRAF-O) was dead,…
Aura set to redo Arapiraca resource
Vancouver – After a long delay at the lab, the final set of assay results before a resource calculation for Aura Mi…
Vale has big money to spend on mining equipment and supplies and it’s sourcing it now
Almir Rezende has a problem that most of us would love to have: How to spend US$1 billion a month over the next fiv…
WSR drilling hits promising hole
VANCOUVER — WSR Gold (WSR-V, WSROF-O) got a healthy boost following news that the sixth drill hole into its Ring of Fire joint venture, in the James Bay lowlands, hit a significant width of volcanic-…
Iron in the desert for Anaconda
Vancouver – Promising drill results and an available drill rig prompted Anaconda Mining (ANX-V) to tack on an extra…
Investor group takes 30% stake in Lake Giles iron ore project
Australian junior Macarthur Minerals (MMS-V) is capitalizing on Asian steel companies seeking to set up long-term…
Champion expands iron property in Labrador
Champion Minerals (CHM-V) is buying up yet more land next door to its wholly owned Attikamagen Lake iron property in Labrador.