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Friday
3 September 2010

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IRON ORE STORIES

[ 3447 Results - Showing Results 1 to 30 ]

FMG shareholder files for damages
(Thursday, 2 September 2010)

THE third-largest shareholder of Fortescue Metals Group, Leucadia National Corp, has filed a summons against the iron ore producer and its chief executive Andrew Forrest, for damages over “misleading and deceptive conduct”.
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Atlas unveils $178M capital cost for Turner River
(Thursday, 2 September 2010)

PILBARA iron ore miner Atlas Iron has released preliminary capital estimates for its Turner River Hub project of $A178 million, with payback expected in less than 24 months.
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Iron ore miners triumph at Golden Geckos
(Thursday, 2 September 2010)

IRON ore players Crosslands Resources and Pluton Resources have been awarded Golden Gekko Awards for environmental excellence at a ceremony in Perth last night.
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Maiden shipment remains on track
(Thursday, 2 September 2010)

WITH the changing tax regime creating uncertainty throughout the industry BC Iron remains resolute in shipping first ore from its Nullagine project in December this year. By Tim Treadgold - RESOURCESTOCKS*
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Atlas paves the way for future growth
(Wednesday, 1 September 2010)

SHARES in Atlas Iron have gained ground in morning trade after the iron ore miner reported a 50% jump in reserves for its northern Pilbara projects, paving the way for production of 12 million tonnes per annum by the end of 2012.
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Botticelli’s beauty on the rise
(Wednesday, 1 September 2010)

IT’S not hard to find an ASX-listed junior with good geology and a lot of blue sky in their projects – you’d be hard pressed to find one that doesn’t make that claim. By Nick Evans - RESOURCESTOCKS*
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Emergent agrees to bigger CMIC slice
(Tuesday, 31 August 2010)

THE Beijing China Metallurgical Investment Company will end up controlling 17.5% of Emergent Resources shares when the company finally closes its capital injection from the Chinese major, after the two again varied their subscription agreement this week.
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Worth the wait for IMX
Exclusively for Premium Subscribers
(Tuesday, 31 August 2010)

IT’S been a long, hard slog for IMX Resources at its Cairn Hill magnetite project, so the company had much to celebrate when it officially opened the South Australian mine last Thursday. Kristie Batten attended the opening.
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Rio and BHP’s Plan B
Exclusively for Premium Subscribers
(Tuesday, 31 August 2010)

WITH the Pilbara iron ore joint venture apparently in its death throes, Rio Tinto and BHP Billiton are edging closer to a deal with the WA government that would enable a sensible Plan B. The Metal Detective by Stephen Bell.
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Huge boost for Passabem iron ore
(Tuesday, 31 August 2010)

CENTAURUS Metals has unveiled a hefty increase in iron ore resources at its Passabem project in Brazil following successful drilling campaigns.
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Grange blames depressed market for profit dive
(Tuesday, 31 August 2010)

GRANGE Resources’ annual profit dived last financial year, more than halving to $A42.2 million for the year on the back of reduced prices for its iron ore pellets.
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Rio to invest $1.78B in Pilbara
(Monday, 30 August 2010)

WITH the unveiling today of a $US1.6 billion ($A1.78 billion) investment by Rio Tinto to develop the Hope Downs 4 iron ore project, the Pilbara powerhouse has flagged a construction start for early next year.
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Rio recognised at awards
(Monday, 30 August 2010)

RIO Tinto Iron Ore picked up the award for Best Training Initiative at Friday night’s WA Training Awards, beating three other finalists.
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Atlas targets lower costs as production builds
(Friday, 27 August 2010)

POSTING a net loss for the full year of $A42.1 million, Atlas Iron is targeting costs of up to $43 a tonne for the second half as it builds production to 6 million tonnes per annum from its Pilbara operations.
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Fast track to iron ore production
(Friday, 27 August 2010)

FAIRSTAR Resources is making rapid progress towards adding its name to the list of successful junior Western Australian iron ore plays. By Bob Smith - RESOURCESTOCKS*
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Christmas Creek on track for 2011: FMG
(Thursday, 26 August 2010)

FORTESCUE Metals Group is still on track to deliver ore from the expansion of Christmas Creek during the March quarter of 2011, with FMG chief financial officer Stephen Pearce telling analysts today the company expects to spend another $A430 million on the expansion over the next six months.
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Record year for FMG
(Thursday, 26 August 2010)

FORTESCUE Metals Group has delivered a healthy financial report card for 2010 thanks to a boost in production and iron ore prices.
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Cairn Hill opening marks a century milestone for SA
(Thursday, 26 August 2010)

SOUTH Australia has celebrated the first of its next wave of iron ore producers in more than a century after the official opening today of IMX Resources’ Cairn Hill mine by Premier Mike Rann.
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You little beauty
(Thursday, 26 August 2010)

FROM coffee to Cameroon: how a chance encounter in a cafe saw Legend Mining enter the Cameroonian mining industry. By Christine Feary - RESOURCESTOCKS*
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Mining Briefs: Integra, Bendigo, Hillgrove and more
(Wednesday, 25 August 2010)

EXPLORATION success for Integra Mining, Bendigo Mining and Hillgrove Resources, a new joint venture for Fox Resources, a reserve update for Norseman Gold and a court update for Highlands Pacific are the main leads in Mining Briefs today.
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Investors frown on Royal resource
(Wednesday, 25 August 2010)

WEEKS after being honoured at Diggers & Dealers,investors have frowned on Royal Resources maiden iron ore resource for its South Australian project.
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IOH boosts resources again
(Wednesday, 25 August 2010)

IRON Ore Holdings has upgraded resources at its Buckland Hills project, taking its total Pilbara iron ore inventory to nearly half a billion tonnes.
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Mining Briefs: IMX, Western Plains, Blackthorn and more
(Tuesday, 24 August 2010)

THE start of road haulage at IMX Resources’ Cairn Hill project in South Australia, drilling progress by three juniors, an updated resource for Western Plains, a joint venture between Blackthorn Resources and Glencore, and top honours for Minotaur Exploration’s executive director of exploration from the country’s geological body are the main items in Mining Briefs today.
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Contractors eye golden dividend
Exclusively for Premium Subscribers
(Tuesday, 24 August 2010)

IRON ore continues to be the staple for contract miners fattening their order books. But there are signs of life in the open cut gold sector, most notably in the planned revival of a grand old project in Western Australia’s Murchison. The Metal Detective by Stephen Bell
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Xstrata serves up $428M Sphere bid
(Tuesday, 24 August 2010)

INVESTORS have smiled on Sphere Minerals today after the explorer urged shareholders to get behind an all-cash $A428 million bid from Xstrata which will see the mining giant grab a suite of west African iron ore projects.
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Oakajee locks in customers
(Monday, 23 August 2010)

OAKAJEE Port & Rail has signed memorandums of understanding with three potential foundation customers to negotiate capacity allocation and tariff charges for its $A4.4 billion railway and deepwater port development.
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Macmahon picks up Karara rail contract
(Friday, 20 August 2010)

MACMAHON Holdings has been awarded an $A86 million contract to construct the rail line for Gindalbie Metals’ Karara iron ore project in Western Australia.
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BHP-Rio Pilbara JV dead and buried: source
(Friday, 20 August 2010)

SPECULATION continues to grow over the future of BHP Billiton and Rio Tinto’s proposed $US10 billion ($A11.2 billion) Pilbara iron ore joint venture, after a media report quoted a mining executive close to the deal as saying the deal has been dead for months.
Full Story...

Profit improvement for MinRes
(Thursday, 19 August 2010)

RECORDING nearly a 120% improvement in net profit after tax for 2009-2010 of $A97.2 million has placed contract crushing company Mineral Resources in good stead to pursue its growth strategy in the steelmaking commodities sector.
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Vale deal a key in Avanco’s game plan
(Thursday, 19 August 2010)

AUSTRALIAN junior Avanco Resources is looking to capitalise on its relationship with Brazilian iron ore major Vale in Brazil and progress other opportunities in the country.
Full Story...

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