Sentences with phrase «looking for iron ore»

The company was initially looking for iron ore but found a large graphite deposit.

Not exact matches

Mount Gibson Iron will look to its Extension Hill project for an answer to its $ 870 million first - half loss, which was the result of price falls and interruptions to work at its Koolan Island iron ore mine in the PilbIron will look to its Extension Hill project for an answer to its $ 870 million first - half loss, which was the result of price falls and interruptions to work at its Koolan Island iron ore mine in the Pilbiron ore mine in the Pilbara.

Demand for iron ore still looks positive in China as the world's second largest economy continues to develop, said Fortescue Metals CEO, Nev Power.

BHP is now looking at ways to fix the issue with the dumpers, but the problem took the gloss off a strong performance from the iron ore business, which accounts for about 40 per cent of BHP's profits.

As this mindset takes hold across other commodities like copper and iron ore, the «turn» so many of us are looking for will finally be upon us.

ACCC Chairman, Rod Sims, has indicated that the ACCC will be looking closely at Andrew Forrest's comments calling for iron producers to work together to cap iron ore production, noting that «any attempt by Australian businesses to encourage competitors to restrict outputs is a matter of grave concern to the ACCC».