Iron ore stocks News

Analysts Raise Iron Ore Outlook In Response To Vale Disaster

February 03, 2019 / Iron ore fines mining news

Analysts Raise Iron Ore Outlook In Response To Vale Disaster

Labourers of closed mines launch stir

February 03, 2018 / Iron ore fines mining news

An official sources said more than 1,000 labourers lost their jobs after three mines - Balada iron ore mines of M/S Sirazuddin, Roida iron ore mines of M/S Mesco and Roida iron ore mines of Idcol - were closed after the mine owners failed to deposit the fines imposed on them by the December 31, 2017,

If you feel we are coercive, so be it: Odisha govt to erring miners

February 02, 2018 / Iron ore fines mining news

Of this, the government collected Rs 101.8 billion with 44 mining companies yet to pay their share of compensation. He was speaking at

Vale says alarms didn't go off on time in Brumadinho due to 'speed' of ...

February 01, 2019 / Iron ore fines mining news

Residents of Brumadinho, Brazil, where a mining dam ruptured last week

China steel mills back Fortescue's new iron ore blend

February 01, 2019 / Iron ore fines mining news

The higher iron content ore is a key plank of the mining giant's strategy,

As iron ore prices collapsed, so did waste dams

February 01, 2019 / Iron ore fines mining news

Towns like Brumadinho and Mariana are hostage to fluctuating global iron ore prices. When they are down, companies try to cut costs as much

Fortescue Metals Group prepares for iron ore sweet spot after Vale ...

February 01, 2019 / Iron ore fines mining news

Fortescue Metals Group prepares for iron ore sweet spot after Vale dam

Odisha mine closure creates shortage of iron ore - Icra

February 01, 2018 / Iron ore fines mining news

PTI reported that closure of six iron ore mines in Odisha has created a supply shortage of 5.5 million tonne, due to which the rates of lump ore have gone up

ArcelorMittal had $300 mil hedging loss in 2017 on iron ore pellets

February 01, 2018 / Iron ore fines mining news

Steel and mining group ArcelorMittal said Wednesday it booked a derivatives loss for 2017, related to hedging a long-term agreement for iron ore pellets

With rise in iron ore rates, steel companies hike prices after 4 months

Feb. 9, 2019 / Iron ore fines mining news

Globally, steel prices have risen on account of rise in iron ore prices-a

About Argus

Feb. 7, 2018 / Iron ore fines mining news

Singapore, 7 February (Argus) - India's Supreme Court has cancelled all iron ore mining leases in the coastal state of Goa, a major supplier of low-grade fines to China. The court had allowed mining to resume in Goa in 2015 after it was suspended in 2012 as a court-appointed committee probed

Brazil's Vale forced to halt 30mn t/yr Brucutu mine

Feb. 4, 2019 / Iron ore fines mining news

Brazilian mining firm Vale said that a court in Minas Gerais state has ordered it to

Higher metal prices allow Assore room to issue big dividend

Feb. 21, 2018 / Iron ore fines mining news

In the second half of last year, average iron-ore prices for 62% fines rose 5% to $68/tonne compared with those of the matching period in 2016, with higher

Mining scam - Karnataka earns daily INR 7 lakh from fines on illegal ...

Feb. 21, 2018 / Iron ore fines mining news

A majority of the cases relate to smuggling of minor minerals, sources in the mines and geology department revealed, and nearly 70% relate to sand, an official said. "Illegal iron ore mining has reduced considerably, and even though vehicles are seized, the scale at which the mafia operated at its peak was

NetworkNewsBreaks - Black Iron Inc. (BKI)BKIRF (gr:BIN) Reaffirms ...

Feb. 15, 2019 / Iron ore fines mining news

The shut-down of Vale's mines represents ~6% of global consumption

Indian mineral royalty rate revision on the cards

Feb. 15, 2018 / Iron ore fines mining news

For example, the Steel Ministry has pointed out that while the royalty for iron-ore fines, lumps and concentrates was fixed at 15% at the last revision, it averaged between 2% and 4% in Australia, depending on mine location, 0.5% to 7% in South Africa, 7% in Canada, and 2% in China and Brazil. The Steel

Iron ore prices rocket to multi-year highs

Feb. 11, 2019 / Iron ore fines mining news

Iron ore spot markets rocketed higher on Monday, powering to fresh multi-year highs. 58% fines jumped 10% to the highest level since September 2014.

HSBC explains why the iron ore rally is likely to fizzle

Feb. 11, 2019 / Iron ore fines mining news

According to Metal Bulletin, the price for 58% and 62% iron ore fines

Ind-Ra: Cancellation of Iron ore Mining Lease in Goa Credit Neutral ...

Feb. 11, 2018 / Iron ore fines mining news

Steady steel margins may also favour medium-to-high grade ore consumption over low grade. Indian miners may have to look for other countries to export low-grade iron ore. The Indian government removed the export duty on iron ore fines Fe<58% and iron ore lumps Fe<58% from 10% and 30%,

FEATURE: Market divided on iron ore price after hikes

Feb. 10, 2019 / Iron ore fines mining news

Iron ore market participants in and out of China are divided on the near-term