Early man made tools and weapons from the iron ore they extracted from the earth and refined. The grade of ore refers to the concentration of the desired material it contains. Detail information on Iron Ore mines found in different regions in India. Iron ore deposits are mostly found in rocks (sedimentary rocks), and iron ores constitute mainly of what is known as rocks minerals, from these mineral rocks the metallic iron deposits can be extracted. The mining belt of Goa covers a range of roughly 700 sq. From here you can easily locate a vein of iron ore to get you started. Iron ore price today The prices for iron ore varies yearly depending on the benchmark market for the commodity. Almost all (98%) iron ore is used in steelmaking. It was also easy to get hold of. It is therefore essential for the production of steel, which in turn is essential to maintain a strong industrial base. Iron ore is the source of primary iron for the world's iron and steel industries. Ore is natural rock or sediment that contains one or more valuable minerals, typically metals, that can be mined, treated and sold at a profit.Ore is extracted from the earth through mining and treated or refined, often via smelting, to extract the valuable metals or minerals. And is mostly concentrated in 4 talukas in particular Bicholim, Sattari, Sanguem and Quepem. Ironworking gradually spread westward, reaching Britain by 700 BCE. Map showing the location of Iron Ore Mines in India. The project received more than $3bn investment by the end of 2013 and is expected to produce up to 95 million tonnes per annum of iron ore per annum over the mine's projected life of at least 30 years. The earth's core is made up of iron ore. kms. Iron was harder than bronze, which had been used to make objects before. Iron was found in rocks called iron ore. Making iron from iron ore (smelting) needed very high temperatures. The Simandou iron ore operation will consist of open pit mines located at Pic de Fon and Oueleba, a railway, and a port. Only meteorites carry pure iron ore, and the deposits locked away within the Earth require mining and refining. Iron ore is mined in about 50 countries. How to Identify Iron Ore. Techniques for making iron were first developed in the Middle East, some time after 1550 BCE. Mining industry has been critical component in the financial history of Goa.