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Estrella Gold Updates on Pampa Poroma Project in Southern Peru

Estrella Gold Corporation (TSX VENTURE:EST) has provided an update on its Pampa Poroma iron oxide-copper-gold project, located 22 km south of Nazca, Peru, in the Department of Ica.

14 Oct 2010

Chile Puts Mining Royalties on the Agenda

In Chile the after effects of the miners rescue can be seen in a bill proposed by President Sebastian Pinera. The bill seeks to raise mining royalties from a range of 4 to 5% as currently paid to a range of 4 to 9% depending upon operating margins. This will eventually be raised to a range of 5 to 14% by the year 2018.

14 Oct 2010

Rio Tinto BHP Iron Ore JV Still Alive

The Rio Tinto and BHP Billiton iron ore joint venture in the Pilbara region is still a live issue despite recent claims that Rio Tinto is poised to abandon the project.

From BHP Billiton Plc 12 Oct 2010

Fortescue Metals Refinances for Expansion

Fortescue Metals Group (ASX:FMG) has managed to line up a $2.06 billion bank loan facility to help its expansion plans. Shares in the third largest iron ore miner in Australia closed at a high of $6.25, up 7.76% after the announcement on Monday.

From Fortescue Metals Group Ltd 11 Oct 2010

Sundance Resources Appoints New CEO

Australian-based international iron ore company Sundance Resources (ASX:SDL) is finally emerging from the shadow of the tragedy which wiped out its board of directors having appointed a new chief executive.

From Sundance Resources Limited 8 Oct 2010

Golden Chalice Announces Drill Plans for Radio Hill Iron-Ore Project

Golden Chalice Resources Inc. (TSX VENTURE:GCR) has announces drill plans for its wholly-owned Radio Hill Iron-Ore project, the western extension of the Company's Timmins West property.

From Golden Chalice Resources Limited 5 Oct 2010

Fortescue Metals Settles Shipping Dispute

A terminated shipping contract has cost Fortescue Metals Group US$ 3.7 million. The iron ore miner had cancelled a five year shipping contract with Armada in January 2009. The Singapore based Armada then brought arbitration proceedings against Fortescue seeking alleged damages worth US$70 million.

From Fortescue Metals Group Ltd 5 Oct 2010