Iron Ore Mining

Indian Globalization Capital Wins Chinese Iron Ore Contract Valued at $1.8 Million

India Globalization Capital, Inc., a company competing in the rapidly growing materials and infrastructure industry in India, today announced it was awarded an iron ore supply contract worth $1.8 million. The third in a recent series of contracts with Chinese companies, the order totals 40,000 metric tons (mT) of iron ore. “This third order will... 

Cliffs Natural Resources to Exercise Right of First Refusal and Acquire Partners 73.2% Interest in Wabush Mines

Cliffs Natural Resources Inc. announced that it plans to exercise its right of first refusal and acquire U.S. Steel Canada’s 44.6% interest and ArcelorMittal Dofasco’s 28.6% interest in the Wabush Mines joint venture. On Oct. 9, Consolidated Thompson Iron Mines Ltd. announced an agreement with Wabush Mines’ other two joint venture partners, U.S.... 

Commerce Resources Corp. Exploring Eldor for its Rare Earth Potential

Commerce Resources Corp. report that it has initiated its summer field work program at the Eldor Project, located in the Labrador Trough area of northern Quebec, Canada. The program will include mapping, prospecting, and rock and trench sampling and is designed to test some of the areas that were identified in 2008 with high values of rare earth elements,... 

London Investor Given Serious Consideration for Baja Iron Project

Cotton & Western Mining, Inc. announced that the company’s Hong Kong credit facility through IBC Strategic is still in place; however, Robert L. Cotton, President & C.E.O., stated that, “Chinese investors are sitting on the fence waiting and watching the market. It is imperative that the company opens production this year in Baja,... 

Mechel Announces New Welded Mesh Production Line in Moscow Region

Mechel OAO, one of the leading Russian mining and metals companies, announces the launch of welded mesh production by its Mechel Service OOO service and sales subsidiary in Moscow Region. In the beginning of May 2009, Mechel Service has commissioned an automated line to manufacture welded meshes in the Town of Vidnoye, Moscow Region. The production... 

Uranium Hunter Enters into Joint Venture on the Eagle Nest Mining Property

Uranium Hunter Corporation announced that it has entered into a Joint Venture Agreement to acquire 49% interest of the Eagle Nest Mining Property Claims located in La Paz County, Arizona from Sparrowtech Resources, Inc. Mr. Reno Calabrigo, President stated “This joint venture agreement represents a diversification to include the precious metal industry... 

Labrador Iron Mines Stock Symbol Change to LIM

Labrador Iron Mines Holdings Limited announces that the Company’s stock symbol on the Toronto Stock Exchange will be changed to “LIM” effective the start of trading on May 6, 2009. At the time of the Company’s initial public offering in December 2007, the “LIM” trading symbol was not available. This new symbol, as... 

MMX Announces LLX Obtains Environmental License for Port Sudeste

MMX Mineração e Metálicos S.A. informs its shareholders and the market in general that LLX Logística S.A., through its subsidiary LLX Sudeste Operações Portuárias Ltda., obtained preliminary environmental license for the construction of “Port Sudeste,” a port terminal with a capacity of 50 million tons of iron ore per year. Located... 

Northland Files Environmental Permit Application for Tapuli

Northland Resources Inc. has filed an environmental permit application with the Swedish Environmental Court, for its Tapuli iron ore mining project and related Kaunisvaara mill, located in northern Sweden. The granting of an environmental permit is the last step before mine construction can begin. Northland anticipates a ruling from the Environmental... 

Grove GMK7450 sold to mining company BHP Billiton

WATM, Manitowoc dealer for Western Australia, has delivered a Grove GMK7450 all-terrain crane to mining giant BHP Billiton Iron Ore. BHP put the crane to work immediately, with its first job the dismantling of the primary iron ore crusher at its main mining facility, the Mt. Whaleback Mine, in Newman, Western Australia. Stephen Lazenby, sales manager...