Taking it to the streets. Stockhouse.com: Taking it to the street
Cline Mining Corporation  CMK go to snapshot add to favorites
reply post non-threaded view
print report abuse
iron ore profits to rise 3fold in 13
bond461
1/1/2013 11:42:14 PM | No Recommendation | 242 reads  | Post #31969755
 

http://www.bloomberg.com/news/2013-01-01/india-losing-iron-ore-market-as-courts-shut-mines-commodities.html

Iron ore profits are to rise three fold in 13 due to the Indian ore mine closures after the Indian courts ordered some ore mines to close for causing water pollution and instead of an iron ore export country India will be importing iron ore. China and Japan will have to import their iron ore from Australia and Brazil( see link above). This bodes well for the iron ore market and also for CMK that may be thinking of sale of the Madagascar iron ore deposit to the Indians or the Chinese.

 

 
 
reply post non-threaded view
add to favorites
 
Company Showcase
 
View Sectors
 
 
 
Today's Feature  
View Now
 
Pacific North West Capital Corp.
Pacific North West Capital Corp. (TSX: PFN; OTCQX: PAWEF; Frankfurt: P7J) is a mineral exploration company focused on the discovery, exploration and development of PGM and nickel-copper sulphide deposits in geologically prospective regions in North America, particularly Canada. The Company's key asset is its 100% owned River Valley PGM Project in the Sudbury region of northern Ontario. The River Valley Project is one of North America's most advanced primary PGM deposits...