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Showing posts with label IOC. Show all posts
Showing posts with label IOC. Show all posts
08 February 2011

Rio Tinto capex of US$277 million for Phase 2 expansion at Labrador mine

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From a Rio Tinto news release issued Tuesday: “Rio Tinto has given the go-ahead to a further US$277 million investment (Rio Tinto share U...
06 May 2010

IOC expansion back on

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Ironore Company of Canada is reactivating its half a billion dollar plan to expand production at its a facility in western Labrador. IOC ...
28 December 2009

The fly in the soup clinging to the hair

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Writing in the Globe on Christmas Eve, Fabrice Taylor noted the strong performance of Labrador iron ore in the market place, bouyed by in...
20 April 2009

IOC may shut operations from July to October

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Ironore Company of Canada (IOC) has advised the Newfoundland and Labrador labour minister that the company will close its mining operations ...
03 March 2009

Cuts, reductions, layoffs

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1.  Vale Inco will be cutting jobs from its Canadian operations, including an unspecified number in Newfoundland and Labrador. 2.  Kruge...
12 February 2009

IOC expansion on hold until markets improve

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Rio Tinto Group will be cutting its capital expenditure budget from US$9.0 billion to US$4.0 billion in 2009 in an effort to deal with the g...
01 January 2009

China squeezing iron ore prices

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China is starting out the New Year by limiting imports of iron ore .  That is likely to further depress ore prices or ensure they stay low. ...
17 December 2008

Déjà vue all over again

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Just when everything was settling down, the brute force expropriation of AbitibiBowater assets has stirred everything up again. Lord Haw ...
10 December 2008

True or false

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One of these statements is true. The other is not. The only question is which one is which. Natural resources minister Kathy Dunderdal...

And a week later everywhere else...

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IOCC ices expansion plans. December 2 at Bond Papers , thanks to Kathy Dunderdale's loose lips in the House. December 10 everywhere...
02 December 2008

Dunderdale reveals IOCC capex decision

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In the House of Assembly Tuesday , natural resources minister Kathy Dunderdale revealed that Ironore Company of Canada (IOCC) will be delayi...
28 November 2008

No one saw this coming.

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Yeah, right. From the Iron Ore  Company of Canada's news release: IOC responding to the steel industry slowdown (Canada)...
07 May 2007

Rio Tinto ripe for takeover

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Mining giant Rio Tinto may be ripe for a takeover bid according to an analyst for Citigroup . The de-rating of Rio Tinto for example, has op...