Iron Ore Roundup: Fortnight to 30 Apr’12 TAGS: Iron ore Highlights: The spot iron ore price backed off US$2/t during the last fortnight to US$148/t. This appears to be in line with a similar downward move in the US HRC …Continue reading →

Iron Ore Roundup: April 13th, 2012 TAGS: Iron ore Highlights: The spot iron ore price has reached US$150/t once again. It is however still 20% lower YoY. In local currency terms, prices have improved 17% since the Oct’11 low. …Continue reading →

Iron Ore Roundup: March 30th TAGS: Iron ore   Highlights: ·         While the spot iron ore price continues to mark time, in local currency terms the trend is upwards. Another 2% increase over the last fortnight and 5% …Continue reading →

Iron Ore Roundup: March 16th TAGS: Iron ore Highlights: The spot iron ore price continues to mark time as it cycles through 16% YoY declines. However, in local currency terms the current price has been trending higher since …Continue reading →

Fortescue Metals Group Dec’11 Quarterly Report TAGS: FMG | Fortescue Metals Group | Iron ore | Quarterly Report Fortescue Metals Group (ASX:FMG) December 2011 quarter highlights were:   Shipped a record 14.4mt, up 45% YoY and 19% QoQ. That’s an annualised run rate of 58mtpa and included the …Continue reading →

Sheffield Resources Ltd (ASX:SFX) – drilling results at Three Pools TAGS: Iron ore | Minerals exploration | SFX | Sheffield Resources Ltd | talc | tungsten | zircon and titanium. First results from a 25 hole RC drilling program at Three Pools are encouraging. The key points are:  Best results reported at the Top Forge Prospect, where mineralisation was up …Continue reading →

Iron Ore Roundup: Fortnight to Nov 18th, 2011 TAGS: Iron ore Highlights:   Iron ore spot prices recovered ~6% during the last fortnight in US$ terms and ~10% in local dollar terms. Nevertheless the current AUD price is down 16% YoY. …Continue reading →

Flinders Mines Ltd (FMS) Exploration Target of 100-160mt TAGS: ASX | Exploration Target | Flinders Mines | FMS | Iron ore | Pilbara FMS have announced an Exploration Target at its 100% owned Pilbara Iron Ore Project (PIOP). Following an substantial drilling and mapping season, FMS has offered an ET of 100mt to …Continue reading →

Vale 3Q11 results TAGS: 3Q11 | Brazil | Europe | Iron ore | RIO | Vale Vale’s 3Q11 results were another record breaking quarter in an operational and financial sense. The key take-outs for iron ore were: Sales of iron ore & pellets reached 77.5mt, flat …Continue reading →

Morning Market Brief: Oct 18 TAGS: Carabella Resources | Chi-X | David Liu | euro-zone | FMG | German Finance Minister | Grosvenor West | Iron ore | Wolfgang Schaeuble Headlines: Gold for December delivery fell 0.4% to US$1676.60 Silver for December delivery fell 1.6% to US$31.64 WTI crude for November delivery fell 0.4% to US$86.55 German Finance Minister Wolfgang …Continue reading →