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Venezuela-based iron firm Ferrominera Orinoco has received a $900m loan from China, to increase its iron output capacity.   Ferrominera Orinoco will use half of the loan to build a second pellet plant to increase output by three million tons a year.   A total of $460m will be used for production and trade projects, ...

  Abcourt Mines has acquired the Vendome property, comprising 15 half claims, located in range ten of Fiedmont township and range one of Barraute township in Canada, from Xstrata subsidiary Xstrata Zinc.   The transaction includes 400,000 shares of the capital stock of Abcourt, 2% net smelter return royalty on any production originating from the ...