In the following interview excerpt, iron ore expert Matt Simpson, co-founder and CEO of junior Black Iron (TSX: BKI; US-OTC: BKIRF), explains the new landscape for iron ore markets worldwide…
The Dow Jones Industrial Average fell 1.34% to finish the trading week at 25,502.32, and the S&P 500 Index lost 0.77% to end the week at 2,800.71. Spot gold rose…
Shares of Macarthur Minerals rose 100% to 10¢. The company signed a life-of-mine offtake agreement to sell Glencore International iron ore that could be produced from Macarthur’s Lake Giles iron…
Global iron ore markets are under great stress in the wake of Vale’s horrific tailings-dam disaster near Brumadinho in Brazil, which has resulted in 10% of the world’s iron ore…
BMO Capital Markets has cut Vale’s (NYSE: VALE) iron ore production estimate this year by a further 30 million tonnes due to the continued suspension of the miner’s Brucutu mine,…
The Dow Jones Industrial Average rose 0.57% to 26,031.81, while the S&P 500 Index increased 0.62% to 2,792.67. Spot gold finished the week at US$1,337.80 per oz., up US$16.40 per…
Black Iron (TSX: BKI; US-OTC: BKIRF) and Glencore (LON: GLEN) are in talks to finance construction of the junior’s Shymanivske iron ore project in Ukraine, and have signed a non-binding…
All of those supply and demand, and price forecasts carefully assembled in late 2018 for iron ore have become obsolete in the wake of Vale’s devastating Corrego do Feijao tailings…
The Dow Jones Industrial Average posted a marginal 0.17% gain to 25,106.33, while the S&P 500 Index ended 0.05% higher at 2,707.88. Despite a rising dollar, spot gold held above…
Vale (NYSE: VALE) is evacuating 500 people from an area below the Sul Superior dam, an upstream tailings dam that used to support production from the company’s Gongo Soco mine,…
Vale (NYSE: VALE) has declared force majeure on a series of iron ore and pellets sales contracts after a Brazilian state court ordered it to suspend production from its Brucutu…
Potential liabilities from the collapse of a tailings dam at Vale’s Feijao iron ore mine in Brazil that has left at least 99 people dead and another 250 people missing…
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