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    iron investing

    Iron Ore Miners Expanding In Canada

    Investing News Network
    Aug. 10, 2012 11:31AM PST
    Base Metals Investing

    Mining Weekly reported mining operators and developers in the Labrador Trough of Canada are confident of weathering the storm and continuing to expand.

    Mining Weekly reported mining operators and developers in the Labrador Trough of Canada are confident of weathering the storm and continuing to expand.

    As quoted in the market news:

    The bullish outlook is predicated on China’s desire to extend seaborne trade in iron-ore away from Rio Tinto, Vale and BHP Billiton. More significantly, the nature of the ore itself makes it an attractive drawcard to steelmakers, owing to its holding less contaminants when compared with material from Australia or Brazil.

    Click here to read the full Mining Weekly report.

    brazilchinairon investingaustraliacanadalabrador trough
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