Sentences with phrase «based iron ore»
West Perth - based iron ore explorer Atlas Iron Ltd will pay $ 15 million in port facilities charges to the Port Hedland Port Authority as an up - front contribution for the planned $ 225 million upgrade of the Utah Point public access facility.
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Subiaco - based iron ore explorer Nemex Resources has announced plans to buy all the shares it doesn't already own in Wavefront Biometric Technologies.
West Perth - based iron ore miner Mount Gibson Iron has flagged an $ 850 million to $ 950 million impairment after the company put its Koolan Island mine on care and maintenance in December.
Perth - based iron ore miner Atlas Iron has beaten its full year profit guidance after shipping 3.1 million tonnes in the June quarter.
Not exact matches
MIKE Young sits at the head of one of Western Australia's fastest growing iron ore producers; he spends much of his time based in a Perth office and is considered one of the state's prominent business
Perth - based Volta Mining, headed by former DMC Mining founder and managing director David Sumich, is venturing into central West Africa with the acquisition of its first iron ore project.
Sundance Resources boss Giulio Casello has taken a big pay cut as the company seeks to cut costs, with the Perth - based explorer also locking in a $ 1.3 million investment to assist in the search for a partner for its Mbalam Nabeba iron ore project in Africa.
Perth - based Strike Resources has sold its Apurimac and Cusco iron ore projects in Peru for about $ 13.5 million, as the company shifts its focus to other commodities.
Perth - based explorer Centaurus Metals has entered into an exclusive mandate for a $ 6 million working capital facility with RMB Resources» Australian subsidiary to fund development of its Candonga iron ore project in Brazil.
IMX Resources has sold its iron ore operations in South Australia to Perth - based Cu - River Mining for $ 3.68 million, shifting its focus solely on its Tanzanian projects.
Shares in Adelaide - based Flinders Mines plummeted on the stock market today after it announced a $ 6.7 million capital raising to complete a feasibility study on its Pilbara iron ore project.
Perth - based mining developer Cape Lambert Resources has announced it is cutting 117 jobs and postponing a planned dividend payment, in response to the sharp downturn in the iron ore market.
China - based Citic Group has flagged a $ US1.4 billion to $ US1.8 billion impairment at its Sino Iron magnetite project in the Pilbara as a result of the falling value of iron Iron magnetite project in the Pilbara as a result of the falling value of iron iron ore.
FEATURE: Subdued iron ore and gold prices over the longer term could signal a lift in exploration for base metals.
The materials sector has risen by 16 per cent, boosted by continuing strength in base metals prices and expectations of substantial increases in contract prices for coal and iron ore.
On a percentage basis, the declines in iron ore, copper and platinum since mid-April are similar to oil.
Shareholders may be willing to support Rio if it moves to add a different commodity to its portfolio — mainly based around copper, iron - ore and aluminIum, according to a report from UBS Group.
«Given the multi generational nature of their asset base, mainly iron ore and aluminium, they can keep this up a long time.»
Much of the recent strength has come from a steep rise estimated for «other resource» prices, as sharply higher contract prices for iron ore and coal began to take effect from 1 April, and to a lesser extent, from rising base metals prices.
Rio Tinto is taking the next steps in its phased investment programme by committing US$ 4.2 billion (100 per cent basis US$ 6.2 billion) to develop its tier one iron ore business.
The investment covers US$ 3.7 billion (100 per cent basis US$ 5.2 billion) for expansion of the industry - leading Pilbara iron ore operations in Western Australia and US$ 501 million (100 per cent basis US$ 1.0 billion) for further infrastructure development at the Simandou iron ore project in Guinea.
• First half iron ore shipments of 110 million tonnes (100 per cent basis) from the Australian and Canadian operations were six million tonnes lower than 2010 first half following several cyclones, widespread flooding and a subsequent train derailment in the first quarter of 2011 in Western Australia.
• Global iron ore production of 49 million tonnes attributable (62 million tonnes on a 100 per cent basis) was up 12 per cent on the second quarter of 2010 and up 17 per cent on the first quarter of 2011.
ECCC also published proposed instruments for seven sectors, including: two codes of practice (for the potash sector and the pulp and paper sector), one pollution prevention planning notice for the steel sector; guidelines for new stationary combustion turbines and three performance agreements (for the aluminum sector, the iron ore pellets sector and five company - specific performance agreements for the base metals smelting sector).
(06/25/2009) Vale, the world's largest miner of iron ore, has signed a $ 500 million joint venture with Biopalma da Amazonia to produce 160,000 metric tons of palm oil - based biodiesel per year, reports Reuters.