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Russia's En+ Forms Joint Venture with Korea Resources for Iron and Copper

En+ Group owned by Russian tycoon Oleg Deripaska declared via an e-mailed statement that it had formed a joint venture with Korea Resources Corp (KORES) to develop a Siberian copper and iron ore deposit in which the Koreans will invest at least $1 billion.

21 Dec 2010

Nunavut Iron Plans to Block Baffinland Hostile Takeover

Nunavut Iron Ore said on Sunday it would ask regulators for an urgent hearing to block a new shareholder rights plan announced by its hostile takeover target Baffinland Iron Mines.

From Baffinland Iron Mines Corporation 20 Dec 2010

Anna Bligh Takes Side of Miners on Royalties

According to the report, Queensland Premier Anna Bligh has taken the side of the mining industry in the debate with the federal government over royalties in the proposed mineral resource rent tax (MRRT.

20 Dec 2010

Cliffs Natural Resources Successfully Discloses Arbitration with Essar Steel Algoma

Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today announced that the Company was successful in its previously disclosed arbitration with Essar Steel Algoma, Inc.

From Cleveland-Cliffs Inc 20 Dec 2010

Nunavut Iron Ore Buys Common Shares of Baffinland Iron Mines

Nunavut Iron Ore Acquisition Inc. announced that it has today acquired ownership of 6,027,700 Common Shares of Baffinland Iron Mines Corporation through the facilities of the Toronto Stock Exchange, the Alpha Market and the Pure Trading Market, representing approximately 1.6% of the outstanding Common Shares.

17 Dec 2010

Kumba Iron Ore Chairman Resigns Over Conflict of Interest

Kumba Iron Ore Ltd., the unit of Anglo American Plc disputing South Africa’s award of prospecting rights over its Sishen deposit to another company, said Chairman Lazarus Zim resigned as a result of a conflict of interest.

From Anglo American South Africa 16 Dec 2010

IMX Resources Loads First Shipment of Cairn Hill Iron Ore Bound for China

The first ore from Cairn Hill mine has arrived in Port Adelaide for shipment. The iron ore from the northern South Australia mine is due to be sent to China. The consignment weighs 62,000 tonnes and has been loaded for its journey.

14 Dec 2010

Brazil's MMX to Expand Operations with $2.9 Billion Investment

Brazilian mining group MMX Mineracao e Metalicos S.A. (MMX) has decided to invest 5 billion Brazilian Reais (US$2.9 billion) to expand its operations. The company's board has approved the investment in two iron ore mining projects both of which are located in Brazil.

14 Dec 2010

Yale Resources Purchases Apache Property in Mexico

Yale Resources Ltd. (TSX VENTURE:YLL) (FWB:YAB) has announced the acquisition of a 100% interest in the 400 hectare Apache Property, located approximately 150 kilometres north of Hermosillo, Sonora State, Mexico.

14 Dec 2010

Nevado Resources Receives Assay Results from La Blache Iron-Titanium-Vanadium Property

NEVADO RESOURCES CORPORATION (TSX VENTURE:VDO)(FRANKFURT:NSV) has reported new Iron, Titanium and Vanadium assay results from recently discovered massive and disseminated magnetite-ilmenite lenses found during the summer-fall 2010 exploration program on the Company's wholly-owned La Blache Iron-Titanium-Vanadium Property.

13 Dec 2010