Shares in Atlas Iron surged on news it had lowered its cash costs in July by $ 11 per wet metric tonne,
with the iron ore miner flagging more cash flow in August.
Not exact matches
News of Brazil - focused
miner Crusader Resources achieving its first
iron ore sales has excited the market
with its share price jumping more than 16 per cent today.
Even those
with only a passing interest in the resources sector would recognise there's something unusual about an
iron ore miner talking up a natural gas project and an oilman talking it down.
Troubled
iron ore miner Pluton Resources has been restricted from issuing a reduced content prospectus until next year because it failed to comply
with reporting and disclosure obligations, the Australian Securities and Investments Commission says.
Pilbara
iron ore miner BC Iron has flagged lower production and haulage rates from its Nullagine joint venture operation with Fortescue Metals Group while initiatives are put in place to more efficiently process iron ore from the s
iron ore miner BC
Iron has flagged lower production and haulage rates from its Nullagine joint venture operation with Fortescue Metals Group while initiatives are put in place to more efficiently process iron ore from the s
Iron has flagged lower production and haulage rates from its Nullagine joint venture operation
with Fortescue Metals Group while initiatives are put in place to more efficiently process
iron ore from the s
iron ore from the site.
As
miners deal
with the reality of a prolonged slump in the
iron ore price, Fortescue Metals Group is quietly going about the business of building the state's third magnetite mine and processing plant.
Pluton Resources is in the midst of a battle between creditors,
with major shareholder General Nice Resources and secured creditor Rizhao Port Group Logistics fighting over who gets to appoint receivers to the
iron ore miner.
Iron ore miner BC
Iron has fallen into the red
with a net loss of $ 158.5 million for the financial year, on the back of impairments and falling commodity prices, and has declared no dividend payout.
Watpac Civil & Mining says it will resume limited works at Pluton Resources» Cockatoo Island
iron ore project following discussions
with the troubled
miner's receivers, KordaMentha.
The creditors of Atlas
Iron have voted in favour of the iron ore miner's proposed debt - for - equity swap, with the fate of the scheme, and the company, now in the hands of shareholders who will vote next w
Iron have voted in favour of the
iron ore miner's proposed debt - for - equity swap, with the fate of the scheme, and the company, now in the hands of shareholders who will vote next w
iron ore miner's proposed debt - for - equity swap,
with the fate of the scheme, and the company, now in the hands of shareholders who will vote next week.
The legal battle between BC
Iron and Watpac Civil & Mining has intensified with the mining services company serving a counterclaim to the iron ore miner and its joint venture partner, now seeking about $ 52.8 mill
Iron and Watpac Civil & Mining has intensified
with the mining services company serving a counterclaim to the
iron ore miner and its joint venture partner, now seeking about $ 52.8 mill
iron ore miner and its joint venture partner, now seeking about $ 52.8 million.
Mid-tier
iron ore miner Mineral Resources has increased its full - year net profit by 28 per cent to $ 231 million,
with the help of a 93 per cent increase in
iron ore export volumes.
Shares in embattled
iron ore miner Gindalbie Metals plummeted this morning after the company said attempts to clarify funding arrangements
with its joint venture partner had been met
with silence.
Troubled
iron ore miner BC Iron has sold its majority stake in the Nullagine joint venture to Fortescue Metals Group for just $ 1, along with some royalty payme
iron ore miner BC
Iron has sold its majority stake in the Nullagine joint venture to Fortescue Metals Group for just $ 1, along with some royalty payme
Iron has sold its majority stake in the Nullagine joint venture to Fortescue Metals Group for just $ 1, along
with some royalty payments.
As smaller
iron ore miners scramble to cut costs to deal
with falling prices, another hurdle looms — customers» preference for quality.
Australian Aboriginal Mining Corporation chairman Daniel Tucker is confident the company will become the first Aboriginal - owned and operated
iron ore miner this year, after signing a mine gate sales deal
with Fortescue Metals Group.
(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.