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Thursday, May 24, 2012

All Grade Mining Cites Global Increase in Demand for Iron Ore and Favorable Chilean Mining Regulations as Drivers for Growth

HASBROUCK HEIGHTS, N.J., May 24, 2012 (GLOBE NEWSWIRE) -- All Grade Mining (OTCBB:HYII), a development-stage company focused on the extraction of iron ore, cites a forecasted global increase in demand for iron ore in the developing world and favorable mining regulations in Chile where its current and prospective properties are located, as drivers for company growth. According to a March 19, 2012 report by Raw Materials Group (RMG), iron ore demand is set to double to around 3.5 billion tons per y...continued
 

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