West African Iron Ore Drills New Target

March 28, 2012 by metalinvestmentnews · Leave a Comment 

A recent Fundamental Research report on West African Iron Ore (WAI-TSX.V) stated: “a visit was made to the newly identified Wondima target”.  Directly beneath this was a photograph of an NITON XRF – a compact instrument that looks like pregnant tripod. The NITON XRF has become an important exploration field analysis tool.  Used extensively by [...]

Transportation Advantage Goes To West African Iron Ore

February 29, 2012 by metalinvestmentnews · Leave a Comment 

At $140 a tonne, iron ore is half the price of bulk potatoes by weight, 60 x cheaper than copper, 7,000 x cheaper than silver and 400,000 x cheaper than gold. Moving millions of tonnes of ore is expensive. Not surprisingly, the economics of an iron ore project will often hinge on the cost of [...]

WEST AFRICAN IRON ORE ON THE RISE

January 30, 2012 by metalinvestmentnews · Leave a Comment 

 Prices of iron ore forward swaps advanced to $146 this week as investors anticipate Chinese steel mills replenishing stockpiles after the Lunar New Year break. The markets are pricing in a China restocking boom.  Morgan Stanley estimates Chinese infrastructure spending for 2012 to be around $1 trillion.  By 2017 it will be $1.8 trillion – [...]