Tag: Iron Ore
Mount Gibson shareholders approve rescue package
Shareholders in iron ore miner Mount Gibson have approved a multi-million dollar rights issue aimed at raising money to develop the company's mid-west and Kimberley projects.[MORE]
Windimurra vanadium mine still on track
Windimurra Vanadium says, despite construction delays it is still on track to begin production at its Windimurra mine by mid-2009.[MORE]
Chinese company to invest $2.5b in Liberia
The Liberian Government says a Chinese company has promised to invest more than $2.5 billion in the African country.[MORE]
Eyre Peninsula to become 'mining hub'
Centrex Metals says SA's Eyre Peninsula will become a mining hub after a major deal with China's third largest steel group.[MORE]
US court action against FMG
The West Australian iron ore company, Fortescue Metals Group, is being sued for more than 100-million dollars by international shipping companies, angry over cancelled contracts.[MORE]
Chinese steel company to invest in SA
Centrex Metals has announced a major Chinese steel producer is to take a half share in its SA mining tenements.[MORE]
Community support claims puzzle mineral export opponents
A group opposed to mineral exports from Port Lincoln says it is baffled by suggestions community support could be swinging towards the development.[MORE]
Guinean govt threatens Rio Tinto project
Rio Tinto says the Guinean government is threatening to seize the northern half of its troubled Simandou iron ore project.[MORE]
Rio Tinto to slash 14,000 jobs
One of the world's biggest miners, Rio Tinto, will slash more than 14,000 jobs globally as part of an aggressive cost cutting exercise to reduce its debt.[MORE]
FMG pleads not guilty to cyclone death charges
Seven companies, including Fortescue Metals Group (FMG), have pleaded not guilty in the Perth Magistrates Court to charges relating to the deaths of two workers in a cyclone in the Pilbara. [MORE]
Miner considers exporting from Port Adelaide
A mining company in northern South Australia says it may consider exporting from Port Adelaide while a deep-sea port is being developed on the Eyre Peninsula.[MORE]
Fed Govt taking mining sector for granted: Rinehart
Australia's richest woman has warned the Federal Government not to take the mining sector for granted.[MORE]
Shipping dispute won't affect iron ore shipments: FMG
Fortescue Metals Group (FMG) has suspended a number of shipping contracts with Chinese agents after a dispute over pricing.[MORE]
Cazaly V Rio court case delayed
A legal battle between junior miner Cazaly Resources and mining giant Rio Tinto over the ownership of tenements at Rio's Rhodes Ridge deposit in the Pilbara has been put on hold at the last minute.[MORE]
Grange shareholders urged to back merger
Shareholders with Grange Resources, which wants to mine iron ore on Western Australia's south coast, are being urged to approve a merger with a Chinese-backed company.[MORE]
Iron ore sold at discount prices
The West Australian Midwest resources company Murchison Metals has been forced to sell its iron ore at heavily reduced rates after a number of Chinese ships arrived at Geraldton without letters of credit.[MORE]
FMG expands as share price plunges
Fortescue Metals Group (FMG) has bucked the trend and signed a deal to increase the amount of iron ore its selling to one of its Chinese steel mills.[MORE]
FMG dismisses shareholders concerns
More than 200 people have turned out to Fortescue Metals Group's(FMG) annual general meeting in Perth, many concerned about the outlook for the iron ore industry.[MORE]
BHP gets harbour dredging nod
The Environmental Protection Authority (EPA) has given BHP Billiton the green light to dredge Port Hedland harbour for its iron ore operations.[MORE]
NT resources sector not concerned about Japanese downfall
The Northern Territory Resources Council says a recession in Japan should not have a lasting impact on NT resource exports. [MORE]
Backflip on AWAs 'bad news' for mine workers
The union movement says the Federal Government's backflip on Australian Workplace Agreements (AWAs) is bad news for Western Australia's mining industry workers.[MORE]
No need to panic: FMG
The head of the Fortescue Metals Group (FMG), Andrew Forrest, says the drop in demand for Australian resources is no cause for alarm.[MORE]
Chamber up-beat despite iron ore demand drop
The Chamber of Minerals and Energy of Western Australia says there is a positive side to the drop in Chinese demand for iron ore.[MORE]
Shire hopes Mt Gibson spares local workers
The Shire of Mullewa says it is still too early to assess the impact of Mt Gibson's decision to axe jobs at its mid-west mine.[MORE]
Portman takeover nears completion
American company Cleveland Natural Resources has ended its takeover bid for Australian iron ore miner Portman Limited.[MORE]
