China using up Goa’s iron ore: Report
September 8th, 2012 - 2:31 pm ICT by IANS
Panaji, Sep 8 (IANS) China prominently features in a probe report on illegal iron ore mining in Goa, which warns that while the eastern neighbour is gobbling up India's iron ... Read more...
Posted in Uncategorized |
Jindal Steel to exit Bolivia’s largest mining project
June 11th, 2012 - 12:20 pm ICT by IANS
La Paz, June 11 (IANS/EFE) India's Jindal Steel & Power Ltd plans to pull out of a contract to develop a massive iron-ore deposit in eastern Bolivia, President Evo Morales' ... Read more...
Posted in Business |
Australian woman may become richest in world
June 28th, 2011 - 10:21 pm ICT by IANS
London, June 28 (IANS) Gina Rinehart, an Australian business woman who inherited a debt-ridden mining company from her father 20 years ago, is predicted to become the world's richest ... Read more...
Posted in World |
Arcelor, partner in virtual takeover of iron-ore giant
February 19th, 2011 - 2:34 pm ICT by IANS
By Gurmukh Singh
Toronto, Feb 19 (IANS) With their final offer of buying the remaining common shares expiring Thursday, ArcelorMittal and Nunavut Iron Ore Acquisition have almost acquired total control of Toronto-based ... Read more...
Posted in Business |
ArcelorMittal, partner nearing absolute control of Baffinland
February 8th, 2011 - 1:01 pm ICT by IANS
By Gurmukh Singh
Toronto, Feb 8 (IANS) ArcelorMittal and Nunavut Iron Ore Acquisition Inc., which jointly acquired Canada's iron ore-rich Baffinland Iron Mines Corporation last month, Monday announced further consolidation of their ... Read more...
Posted in Business |
ArcelorMittal, partner buy more Baffinland stock
February 2nd, 2011 - 3:02 pm ICT by IANS
By Gurmukh Singh
Toronto, Feb 2 (IANS) ArcelorMittal and Nunavut Iron Ore Acquisition Inc., which are now the joint owners of Canada's iron ore-rich Baffinland Iron Mines Corporation, Tuesday announced taking up ... Read more...
Posted in Business |
ArcelorMittal again gets nod from Canadian company for takeover
January 5th, 2011 - 12:42 pm ICT by IANS
By Gurmukh Singh
Toronto, Jan 5 (IANS) Backing ArcelorMittal once again, Toronto-based Baffinland Iron Mines Corporation has asked its shareholders to reject the higher offer by rival Nunavat Iron Ore Acquisition Inc ... Read more...
Posted in Business |
Rival betters ArcelorMittal’s offer for Toronto mining company
January 3rd, 2011 - 2:02 pm ICT by IANS
By Gurmukh Singh
Toronto, Jan 3 (IANS) The fight between ArcelorMittal and Nunavut Iron Ore Acquisition Inc. for control of Baffinland Iron Mines Corp is heating up as the latter has now ... Read more...
Posted in Business |
ArcelorMittal sticks to offer deadline as rival raises bid
December 30th, 2010 - 3:38 pm ICT by IANS
By Gurmukh Singh
Toronto, Dec 30 (ANS) Even as ArcelorMittal stuck to its Thursday night deadline of friendly takeover offer of $492 million to Canada's Baffinland Iron Mines Corporation, rival Nunavut Iron ... Read more...
Posted in Business |
Chhattisgarh iron ore mines security raised after Maoist strike(Lead)
October 26th, 2009 - 8:48 pm ICT by IANS
Raipur, Oct 26 (IANS) Security has been strengthened and patrolling intensified Monday at National Mineral Development Corp's (NMDC) iron ore mines in Chhattisgarh, a day after Maoists killed four security personnel guarding ... Read more...
Posted in Business |
National Mineral Development Corp continues work despite Maoist attack
October 26th, 2009 - 5:12 pm ICT by IANS
Raipur, Oct 26 (IANS) A day after a Maoist attack killed four security personnel who were guarding National Mineral Development Corp's (NMDC) facilities in Chhattisgarh's Dantewada district, the company Monday said mining ... Read more...
Posted in Business |
Asia’s largest iron ore deposit discovered in China
June 25th, 2009 - 3:53 pm ICT by ANI
New Delhi, June 25 (ANI): Geologists have discovered 'Asia's largest' iron ore deposit in northeast China's Liaoning province, with an estimated reserve of more than 3 billion tons.The newly-found deposit, mainly between ... Read more...
Posted in Business |