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Iron Ore Production Kicks Off at Spinifex Ridge

Moly Mines (TSX,ASX:MOL) owned Spinifex Ridge has commenced production. The mine is located 50 km north east of the Marble Bar in the Pilbara region of Western Australia. The crushing and screening processing plant has been completed and commercial iron ore production has now begun.

From Moly Mines Limited 1 Dec 2010

Moly Mines Begins Iron Ore Production at Spinifex Ridge Mine in Australia

Moly Mines Limited (TSX:MOL)(ASX:MOL) has announced that it has commenced iron ore production at Spinifex Ridge, 50km northeast of Marble Bar in the Pilbara of Western Australia.

From Moly Mines Limited 1 Dec 2010

Rio Tinto Encounters Strong Iron Ore Deposits at Pilbara Mineral Resources

Rio Tinto has enhanced its strong iron ore position, with new drilling results and ongoing assessment of assets in the Pilbara revealing a 2.0 billion tonne addition to the Mineral Resource base.

30 Nov 2010

Xstrata Extends Offer for Sphere

Xstrata has extended its AUD$515 million offer to Australian iron ore company Sphere by three weeks to the date December 17. The wholly owned subsidiary company of Xstrata known as Sidero already holds 73.1% of the shares in Sphere when the offer closed on November 24.

28 Nov 2010

South Africa Seeks Iron Ore Price Accord for Sishen Mine

In a bid to sort out the stalled sales at a disputed mine in South Africa, the government has asked for iron ore from the disputed portion of the Sishen mine to be sold at cost plus 3%. Disputed mining rights claims are commonplace in South Africa.

28 Nov 2010

Macarthur Minerals Announces 57% Increase in Inferred Resource Estimate for Lake Giles DSO Projects

Macarthur Minerals Limited (TSX VENTURE:MMS) has released a 57% increase in the Hematite-Goethite Inferred Mineral Resource estimate for its Lake Giles DSO projects located in Western Australia.

From Macarthur Minerals Limited 26 Nov 2010

FerrAus Knocks Back Wah Nam Offer

Australian mining company FerrAus has rejected the takeover bid from Hong Kong based Wah Nam International.

25 Nov 2010

Moly Mines Begins Drilling Operations at Spinifex Ridge

Moly Mines Limited (TSX:MOL)(ASX:MOL) has announced that it has commenced mining iron ore at Spinifex Ridge, 50km northeast of Marble Bar in the Pilbara of Western Australia.

From Moly Mines Limited 25 Nov 2010

Baffinland Makes New Iron Ore Discovery

Baffinland Iron Mines Corporation’s value has shot up again as the company claims fresh high grade deposits of iron ore in Nunavut. This new discovery is part of the company’s 2010 plan for regional exploration of its Mary River project. The find comes from No.9 deposit where surface sampling had an average of 70.3% iron in an east south easterly striking zone.

From Baffinland Iron Mines Corporation 24 Nov 2010