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Iron Ore Price Caves But Miners Remain Hugely Profitable For Now

BHPs timing with its big new mine has been impeccable with the goahead given three years ago when iron ore was fetching less than 70/t. First production occurred in week when the price was

Rio Tinto pays 9.1 billion dividend as profit

Rio Tinto Group the worlds biggest iron ore miner reported its highestever interim profit and will pay 9.1 billion in dividends as the company and its global rivals cash in on this years

Steelworkers profit from iron ore steel industry success

Iron ore miners on Minnesota 39s Iron Range pocketed large profit sharing checks as United States Steel Corp. achieved strong second quarter financial performance. It was a good one Steve Bonach United Steelworkers Local 1938 president at U.S. Steel 39s Minntac Mine in Mountain Iron said of the checks.

These 10 mines have the world 39s most valuable ore Mining

Another of Camecos underground mines McArthur River is the worlds largest and second highestgrade uranium operation. With one tonne of ore reserves worth USD5523 McArthur River mine

Iron mining in the United States Wikipedia

Iron ore was the thirdhighestvalue metal mined in the United States after gold and copper. Iron ore was mined from nine active mines and three reclamation operations in Michigan Minnesota and Utah. Most of the iron ore was mined in northern Minnesota 39s Mesabi Range. Net exports exports minus imports were 3.9 million tons.

Iron ore miners profits bigger than resources boom

Shaw and Partners analyst Peter OConnor said iron ore miners profit margins were now much greater than during that boom because a range of costs including the cost of paying wages in

Best Mining Stocks to Buy in 2021 The Motley Fool

2. BHP Billiton. BHP Group is a diversified resources company. The company operates fully integrated mining assets that extract and process ore with a focus on copper iron ore coal nickel

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