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Steelmaker Japanese and Korean Agreed Iron Ore Prices With Brazilian Mining Companies, Vale


The Japanese and Korean steel company has agreed a contract price of iron ore sales for the year 2009. Iron ore price agreed decreased 28.2% compared to 2008. Iron ore prices agreed by Vale with Japanese and Korean steel companies.
The new price for iron-ore fines is 28,2% lower than that for 2008, while the price [...]

Australian Mining Sector Forecast Iron Ore and Copper Mine Production Increase To June 2010


Australia forecast a strong rise in iron ore production and a 10 percent jump in copper mine output in the year to June 2010, even after factoring in a more prolonged economic slump that has already triggered supply curbs.

Australian Mining Companies Forecast Strong Increase Iron Ore-Copper Mine Production


Australia forecast a strong rise in iron ore production and a 10 percent jump in copper mine output in the year to June 2010, even after factoring in a more prolonged economic slump that has already triggered supply curbs.

Severstal Resources, Rusian Steelmaker Mining Division Buys American Coal Miner for $1.3 Billion


Following in the footsteps of its bigger rival ArcelorMittal’s Brazilian acquisition earlier this week. Russian steelmaker OAO Severstal, through its mining division Severstal Resources, has agreed to buy American coal miner PBS Coals for about $1.3 billion in cash and also signalled its intention to acquire other assets in the continent.
Severstal will buy a combination [...]

Mining Exploration Result Price, Increase Price Of Iron Ore Mine Will Increase The Price Of Steel


Agreement big mining company, rio tinto and Asia consumer about increase of the iron ore price, enables the happening of indisposed emulation in sale of commerce process of mining products in world mining products market, especially iron ore mine proceeds sale.
Increase of the price iron ore mine will result the happening of increase the price [...]

Reached Record Levels Mining Industry Company Merger & Acquisition


Merger and acquisition (M&A) activity in the mining industry reached record levels last year and 2008 is set to be the year of super consolidation, with the global credit crunch having little effect, a new report says.
In 2007 the number of mergers and acquisitions soared by 69 per cent, from 1,732 deals in 2006, PriceWaterhouseCoopers [...]

Mindoro Resources Ltd.: Update From Agata Nickel Laterite Project


Mindoro Resources Ltd. is pleased to provide an update from the Agata nickel laterite project, where five coring drill rigs are in operation. Both limonite and saprolite horizons of the laterite are substantially thicker than anticipated, not only increasing tonnage potential, but also expanding market potential for the higher-value nickel material in the saprolite [...]

Gold Price Outlook a key topic of Wall Street Transcript Gold Issue


The Wall Street Transcript has just published its Gold issue, a report offering a timely review of the sector to serious investors and industry executives. This 88-page feature contains a roundtable panel and industry commentary through in-depth interviews with top management from 22 firms. This issue also contains an “Off the Record” Review of Management [...]

Mining giant expects emerging markets will continue to drive steel demand


The world’s largest diversified miner, BHP Billiton, has given its backing to the view that the steel industry, which faced a torrid period at the turn of the century with overcapacity and rising costs, will remain ’stronger for longer’ – the company is a leading iron-ore and manganese producer, selling into the carbon-steel sector globally.
This [...]