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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.

From Troy Resources NL 19 Nov 2010

OneSteel to Open Iron Ore Mine at Whyalla, South Australia

The South Australian Government has already given the company approval to begin operations. The Iron Chieftain Mine is located 40 km west of Whyalla.

From OneSteel Ltd 18 Nov 2010

Atlas Iron Close to Gaining Access to Pilbara Rail

Atlas Iron, an Australian iron ore producer, with a number of key projects located within 150 km of the port of Port Hedland in Western Australia is closing in on consolidating a deal which would allow it to use one of BHP Billiton's Pilbara railway lines.

From BHP Billiton Plc 18 Nov 2010

Open Pit Iron Ore Mine Planned for North Wisconsin

Mining company Gogebic Taconite wants to develop an open pit mine for iron ore in north Wisconsin. The project would cost about $1 billion and the company has bought an option to lease the mineral rights on 22,000 acres in Ashland and Iron counties.

18 Nov 2010

Adhunik Metaliks Commences Operations in Orissa

Indian steelmaker Adhunik Metaliks said that it had commenced operations at three mines in the Indian state of Orissa despite not having received all regulatory approvals to begin the development of the iron ore deposits in the state. The three mines in question are Tentulidihi, Sanpatholi and Kusunidihi.

17 Nov 2010

Brockman Resources Knocks Back Chinese Offer

Brockman Resources has decided to reject the offer made by the Chinese company Wah Nam International. The iron ore producing company chairman Barry Cusack said that the board of directors would be calling unanimously for share holders to refuse the $930 million offer from the Hong Kong listed company.

From Brockman Mining Limited 17 Nov 2010

Champion Minerals Reports Extended Drilling Results of Hole FL10-21 from Fermont Iron Property

CHAMPION MINERALS INC. (TSX:CHM)(FRANKFURT:P02) has announced new assay results from the extension of diamond drill hole FL10-21 on the Fire Lake North Claim Block from the Company's Fermont Iron Property in northeastern Quebec.

17 Nov 2010

Eagle Plains Resources Completes Six Diamond Drill Holes at Iron Range Project

Eagle Plains Resources Ltd. (EPL:TSX-V) and Providence Capital Corp. (TSX-V:PV) have now completed six diamond drill holes for a total footage of 2368.0m.

From Eagle Plains Resources Ltd. 17 Nov 2010

Xstrata to Invest $6 Billion for Mauritania Iron Ore Projects

Mining giant Xstrata is all set to invest $6 billion in three iron ore projects located in Mauritania. The investment of the Zug, Switzerland based mining giant will be made through Sphere Minerals Ltd. The investment will help Mauritania to produce 50 million metric tons of the steel making ingredients annually.

15 Nov 2010

Anglo American Offloads More Assets

Anglo American has made £589 million from the sale of two steel processing plants. This is part of a series of sales that it is initiating to reduce businesses which are not essential to its growth. The two steel plants sold to the Australian company One Steel are located in Chile and Canada.

15 Nov 2010