Quebec Snapshot: Eight companies to watch
With a long and storied history of exploration and mine development, favourable mining policies, excellent infrastructure and a skilled workforce, Quebec is one of the world’s top mining jurisdictions for…
Iron Ore
Analysis: No reduction in tailings dam failures over the past two decades
A newly released assessment of global tailings management facilities (TMFs) data paints a jarring picture showing that relative to global mine production, there has been no improvement in the rate…
Moody’s cuts metals price calls amid slowing global growth
Credit rating firm Moody’s Investors Service has pared down its 12-month price outlook for a basket of metals and mining commodities, citing a global economic slowdown and softening demand. Essential…
Mining industry on track to meet decarbonization targets, say analysts
The availability of risk capital for miners is biased towards those with concrete plans for achieving net-zero emissions targets by 2030, says Keith Russell, global director for energy transition, purpose…
High Tide assays 28.23% iron over 124.9m at Labrador West
High Tide Resources (CSE: HTRC) has released assay results from two additional drill holes of the 2022 spring/summer drilling program at its flagship Labrador West iron project in Newfoundland. The…
Worsening economic outlook, weak metals prices marred mining in Q2, says S&P Global
Analysts at S&P Global Market Intelligence have pointed the finger at a worsening global economic outlook and softer metals prices for dragging down global mining activity in the three months…
Baffinland to terminate 1,100 workers at Mary River iron ore mine
Baffinland Iron Mines has sent termination notices to over 1,100 workers at Mary River iron ore mine, in Nunavut, as the company’s request to increase production to 6 million tonnes…
US markets rise over July 25-28 trading week
Over the July 25-28 trading period, the Dow Jones Industrial Average gained 855.09 points, or 2.7%, to 32,845.13, and the S&P 500 jumped 151.79 points or 3.8% to 4,118.63. Although…
Anglo American, Nippon Steel to work on low-carbon steelmaking
Anglo American (LSE: AAL) and Japan’s Nippon Steel have joined forces to develop solutions for lower-carbon steelmaking, a process responsible for up to 9% of global greenhouse emissions. The companies…
Weak steel demand puts pressure on iron ore prices, BofA says
Bank of America warns weak steel demand will mean “further room to the downside” for iron ore prices. “In our view, with our base case of annual crude steel production…
BHP loses appeal to multibillion lawsuit over Samarco disaster
BHP (ASX: BHP) said on Friday it had lost an appeal in a London court seeking to block an over £5 billion (US$6 billion-plus) lawsuit by 200,000 Brazilians over a…
Political changes boost risk for miners in Latin America
Demands for higher revenues from companies, tougher environmental rules and changes to laws have deepened risks across Latin America, index shows.