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Iron Ore Holdings Extends Bid for Baffinland Until December

Iron Ore Holdings had made a bid for Baffinland Iron Ore Mines offering 80 cents a share for Baffinland on September 22. The original deadline which was due to expire has been extended to December 2, 2010.

From Baffinland Iron Mines Corporation 23 Nov 2010

China Cuts Back on Indian Iron Ore

China seems to have reduced its iron ore imports from India over the last few months. The general trend has been emerging in the global markets but now facts have come to light with concrete data to support it.

23 Nov 2010

WPG Resources Raises $85 Million for Peculiar Knob

WPG Resources Ltd (ASX:WPG) announced that it had raised $85 million to develop the flagship project of the company, Peculiar Knob. The company formerly known as Western Plains Resources is also looking forward to raising an additional $75 million by placement of 110.3 million ordinary shares at 68 cents each.

23 Nov 2010

Iron Mining Group Completes Initial Acquisition of La Serena Iron Sands Mine

Iron Mining Group, Inc. (OTCBB:IRNN), a global iron ore mining and investment company, announced that its wholly-owned subsidiary, Chile Inversiones de Minerales, Ltda. has completed the initial acquisition of 50% of the La Serena Iron Sands Mine with which will automatically increase to 70% upon the repayment of $1,040,000 of pre-existing debts through the sales iron ore from the property.

23 Nov 2010

Far West Mining Buys 46,000 Hectares at Iron-Oxide-Copper-Gold Belt in Chile

Far West Mining Ltd. (TSX:FWM) has announced the acquisition of 46,000 hectares of prospective ground in the Iron-Oxide-Copper-Gold belt of Chile.

23 Nov 2010

Australia Moves into Biggest Ever Mining Boom

The federal treasurer Wayne Swan predicted that Australia would move into its biggest mining boom phase in October, possibly the largest since the 1850s.

21 Nov 2010

Growing Concern from Europe on Future Supply of Raw Materials

The European Union is seeing the shortage of raw materials as a major risk for the global economy as demand begins to exceed supply. European Union trade chief Karel De Gucht said that no country possessed all the raw materials that it needed.

21 Nov 2010

Gossan Resources Announces Completion of Field Program at Pipestone Vanadium Project in Manitoba

Gossan Resources Limited (TSX VENTURE:GSS)(FRANKFURT/FREIVERKEHR & XETRA:WKN 904435) has completed a field program at the 3584-hectare Pipestone Vanadium Project at Cross Lake, about 150km south of Thompson, Manitoba.

From Gossan Resources Limited 20 Nov 2010

NEVADO Reports Assay Results from La Blache Iron-Titanium-Vanadium Property

NEVADO RESOURCES CORPORATION (TSX VENTURE:VDO) (FRANKFURT:NSV) has announce Iron, Titanium and Vanadium assay results from recently discovered massive magnetite-ilmenite at the Hervieux East Extension and newly discovered Hervieux North Extension Occurrences found during the 2010 exploration program on the Company's wholly-owned 646 claims / 355 km2 La Blache Iron-Titanium-Vanadium Property (refer to the NEVADO news release dated November 10, 2010).

19 Nov 2010

Troy Resources Signs Agreement to Sell High Grade Iron Ore Obtained from Andorinhas Gold Mine

Troy Resources NL has announced it has signed the Definitive Agreement with Mineracao Floresta Do Araguaia for the sale of the high grade colluvial iron ore found on the Andorinhas Gold Mine leases.

19 Nov 2010