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Iran East Iron Ore Posts Strong Increase in Iron Ore Production


In the last Iranian month, Iranian miner Iran East Iron Ore exploited 167,000 mt of run-of-mine iron ore and produced about 155,000 mt of iron ore, representing increases of 105 percent and 94 percent respectively compared to the same month of the last Iranian year, according to the new figures issued by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).

Meanwhile, in the first eleven months of the current Iranian year, Iran East Iron Ore exploited about 1 million mt of run-of-mine iron ore and produced about 963,000 mt of iron ore, according to...

Gold and Copper Exploration Companies Poised to Shine in 2010


canadian gold copper mining companies shine 2010Shares of gold and copper exploration companies are the most likely to shine in the Canadian junior mining sector this...

Essar Group Purchase Coal Mine of Trinity Coal Corp


essar group overseas coal mine acquisitionEssar Group said its purchase of Trinity Coal Corp., the Indian company’s first overseas coal mine acquisition, will help lock in raw materials with...

Blackrock, Global Mining Investments Prefers Global Recovery Gold, Iron Ore and Copper Markets


global mining investment prefered global recovery marketsBlackRock-managed Global Mining Investments Ltd...

Kuwait Energy Company Announces New Oil Discovery in Burg El-Arab, Egyptian


kuwait energy company new oil discovery in Burg El-ArabKuwait Energy Company, one of the fastest growing independent oil and gas exploration...

Anglo’s Brazil Iron Ore Project Bit by Challenges


Investor’s eyes will be closely trained on Anglo American’s Minas Rio iron ore project following revelations by Cynthia Carroll, the company’s chief executive, on Friday that the project was experiencing challenges.

Carroll was delivering the company’s 2009 annual results presentation to an audience in London and via live video link to South Africa.

China Steel Company Leadership to Prepare Talks Contract Iron Ore Prices


china steelmaker prepare talks contract iron ore pricesChina steel company leadership prepared to have a meeting with the mining company’s largest iron ore supplier to determine the...

BHP Billiton Committed To Sell Iron Ore Using Spot Prices


bhp billiton using iron ore spot pricesAnalysis released by BHP Billiton said that the increase in iron ore spot prices due to increased iron ore demand from steel industry in China. Iron ore prices...