Tag Archives: iron
Hasbro earnings boosted by online contest
Trading in an iron for a cat looks to have been a good move for Hasbro, which is crediting a recent surge in revenue to the introduction of a new Monopoly piece. Continue reading
Fortescue CEO Sees China’s Growth Still Supporting Iron Ore Prices
The chief executive of Fortescue Metals Group Ltd. (FSUGY, FMG.AU), one of the world’s largest producers of iron ore, has brushed aside concerns over the pace of economic growth in China and continues to forecast a strong price for the steelmaking raw ingredient Continue reading
BHP Billiton Maintains Production Guidance
BHP Billiton (BHP) held to production guidance for its biggest businesses as it continues to ramp-up operations spanning remote iron ore deposits in Western Australia and shale oil fields in the southern U.S. Continue reading
Australian Miner Halts Hanlong Deal
Australian iron-ore explorer Sundance Resources Ltd. has terminated an agreement to be acquired by China’s Sichuan Hanlong Group in a deal valued at 1.38 billion Australian dollars (US$1.43 billion), ending weeks of uncertainty after Hanlong’s chairman was detained by Chinese police and the company missed deadlines to finance the deal. Continue reading
Sundance Deal at Risk as Hanlong to Miss Key Deadline
Africa-focused iron ore miner Sundance Resources Ltd. (SDL.AU) Tuesday said China’s Sichuan Hanlong Group will miss a key deadline to show it can finance a 1.4 billion Australian dollar (US$1.46 billion) takeover, raising risks the deal could collapse. Continue reading
BHP Billiton to Pay Fines, Costs for Worker Death
BHP Billiton Ltd. (BHP), the world’s largest mining company by market value, has been fined over the death of a worker at its Port Hedland iron ore operations in Western Australia state nearly five years ago. Continue reading
Clive Burr: Ex-Iron Maiden Drummer Dies Aged 56
The London-born drummer, who died at home on Tuesday, was described as a “major ingredient” to Iron Maiden’s sound. Continue reading
Australian Ports, Energy Facilities Reopen After Cyclone Rusty
Australian iron ore ports and energy facilities were starting to resume normal operations Thursday after the passage of Cyclone Rusty, which battered some isolated towns but caused only superficial damage to Port Hedland. Continue reading
