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27 Feb 2013 15:15

UPDATE 1-Glencore buys stake in Brazil iron ore miner Ferrous

LONDON, Feb 27 (Reuters) - Commodities trader Glencore has bought an unspecified stake in unlisted Brazilian iron ore exporter Ferrous - its first equity stake in a producer of the steelmaking commodity. The Swiss-based trader and miner has also agreed to buy 20 million tonnes of iron ore

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27 Feb 2013 14:12

Glencore takes stake in Brazilian iron ore miner Ferrous

LONDON, Feb 27 (Reuters) - Commodities trader Glencore has taken an unspecified holding in Brazilian iron ore exporter Ferrous Resources - its first equity stake in a producer of the steelmaking commodity - as part of a supply deal. Under the deal, signed earlier this week and confirmed by

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4 Feb 2013 22:51

UPDATE 1-Guinea says mining review to include all producers

CAPE TOWN, Feb 4 (Reuters) - Guinea's review of all mining contracts will include an effort to integrate a 2011 settlement struck with global miner Rio Tinto with an original agreement signed with the company, Mines Minister Mohamed Lamine Fofana said on Monday. Rio Tinto, the world's secon

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4 Feb 2013 20:04

Guinea says review of mine contracts to include Rio Tinto deal

CAPE TOWN, Feb 4 (Reuters) - Guinea will review all of its mining contracts including a 2011 settlement agreement with global miner Rio Tinto, as it conducts an audit of its mining registry, Mines Minister Mohamed Lamine Fofana said on Monday. Guinean President Alpha Conde came to power in

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30 Jan 2013 15:19

Sector movers: Ferrexpo leads metal stocks lower, US GDP weighs on sentiment

A poorly-received set of results from iron ore pellet producer Ferrexpo and a surprise contraction in the world's largest economy saw the industrial metals and mining sector slump into the red on Wednesday. Ferrexpo was 5.59% lower at 256.7p in afternoon trade after seeing profits slump in the firs

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29 Jan 2013 09:57

Bellzone Mining shares fall following Forecariah JV update

Shares in AIM-listed exploration and resource development company Bellzone Mining fell sharply on Tuesday following the publication of an update on the company's joint venture in West Africa. The company stated that three types of ore had been classified at its 50:50 Forecariah Joint Venture in the

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3 Jan 2013 11:43

STOCKS NEWS EUROPE-UK small caps turn flat by midday

The FTSE Small Caps index is flat approaching midday, lagging gains by the FTSE 250 index, up 0.3 percent, but outperforming a 0.1 percent decline by the FTSE 100 index, which takes a breather after strong gains in the previous session. Entertainment One adds 5.5 percent on news that Canadian Compet

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