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Deveaux: More development of scrap metal industry – Nassau Guardian
Posted on March 31st, 2009 No commentsThe Minister of Environment is suggesting now would be an opportune time for Bahamians to develop this nationos;s scrap metal industry despite recent declines in prices in that market, arguing the environmental and economic reasons would be well …
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UPDATE 1-Chinaapos;s Wuhan Iron buys stake in Consolidated Thompson – Reuters
Posted on March 31st, 2009 No comments* Wuhan to invest $240 mln in Consolidated Thompson * Wuhan to gain 19.9 pct stake in Consolidated Thompson TORONTO, March 30 (Reuters) – Consolidated Thompson Iron Mines Ltd ( CLM.TO ) said on Monday that Chinese steel maker Wuhan Iron and Steel …
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Brazilian Stocks Fall on Economic Outlook; Bolsa Declines – Bloomberg
Posted on March 31st, 2009 No commentsMarch 30 (Bloomberg) — Brazilian stocks dropped, led by commodity producers, after the government cut its economic growth forecast and the U.S. said its banks may need more aid and bankruptcy may be an option for its automakers. Cia. Vale do Rio …
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Potash takeover rumours downplayed – Globe and Mail
Posted on March 31st, 2009 No commentsSpeculation on a BHP Billiton bid for Potash Corp. of Saskatchewan is getting next to no support from the analyst community. The Australian newspaper took a look at what BHP might be up to following $6-billion (U.S.) in bond financings last week by …
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Are BHP and Rio Tinto Courting Again? – Motley Fool
Posted on March 31st, 2009 No commentsThe weekend was hardly a time of rest and relaxation for Rio Tinto (NYSE: RTP ) , Aluminum Corp. of China (NYSE: ACH ) — better known as Chinalco — and Australian Treasurer Wayne Swan, among others. Mr. Swanos;s decision on a smaller Australian …
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Progress Section K – Mining Journal
Posted on March 31st, 2009 No commentsNEGAUNEE — In sports, a close loss can be tough to take but still encouraging, if it shows that there are signs of progress. Officials affiliated with the Iron Ore Heritage Trail have taken that attitude with the November election that narrowly …
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China pushes for 40% cut in iron ore prices – The Age
Posted on March 31st, 2009 No commentsChinese steelmakers, the worldos;s largest buyer of iron ore, have asked suppliers to temporarily cut prices by 40% until an annual contract price agreement is reached, the China Iron and Steel Association said. Some mining companies have agreed to the …
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Australia set to back Valin-Fortescue deal – report – Reuters
Posted on March 31st, 2009 No commentsSYDNEY, March 31 (Reuters) – Australia is likely to approve Chinese state-owned steelmaker Hunan Valin Iron and Steel Group buying 17 percent of iron ore miner Fortescue Metals Group ( FMG.AX ), the West Australian paper reported on Tuesday …
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Australia set to back Valin-Fortescue deal – report – Forbes
Posted on March 31st, 2009 No commentsSYDNEY, March 31 (Reuters) – Australia is likely to approve Chinese state-owned steelmaker Hunan Valin Iron and Steel Group buying 17 percent of iron ore miner Fortescue Metals Group , the West Australian paper reported on Tuesday. os;Although …
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Warwick Resources Limited (ASX:WRK) Further High Grade Iron Ore … – ABN Newswire
Posted on March 31st, 2009 No commentsPerth, Mar 31, 2009 (ABN Newswire) – Pilbara explorer, Warwick Resources Limited (ASX:WRK) today announced that it has outlined further high grade iron ore mineralisation on its 100% owned Woggaginna iron ore project near Newman. Woggaginna is …
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