Iron Ore

Workers underground at Vale's Taquari-Vassouras   potash mine in Brazil. Credit: Vale

Moody’s puts 55 miners on review for downgrade

Moody’s Investors Service has put the credit ratings of 55 mining companies under review due to poor market conditions, noting this downturn marks a “unprecedented shift” for the mining industry.


TSX rises on higher oil prices, Jan. 18-22

The Toronto stock market ended in positive territory, as oil prices strengthened and investors considered possible monetary easing by central banks in Europe and Japan. The S&P/TSX Composite Index rose 2.6% to close at 12,389.58. The…



A screen shot of the wreckage caused by a large-scale tailing dam breach at the Samarco iron-ore joint venture in Brazil's Minas Gerais State. Source: YouTube

Editorial: Top stories of 2015

Phew, was 2015 a tough year for miners! As we look back and tie a bow around the fourth year of the downturn in commodity prices and the mining sector, we see an industry in defensive mode, spending more time and energy reacting to harsh,…


US stocks slip, Dec. 11-17

U.S. equities closed lower, despite receiving a boost after the Federal Reserve raised interest rates. The Dow Jones Industrial Average fell 0.5% to 17,495.84, while the S&P 500 Index lost 0.5% to close at 2,041.89. The Nasdaq dipped 0.8%…


The concentrator building at the now-shuttered Bloom Lake iron ore mine, photographed in 2010 when it was in operation. Credit: Consolidated Thompson Iron Mines

Champion Iron buys Bloom Lake for $10.5M

Champion Iron (TSX: CIA; ASX: CIA) is taking advantage of the commodities crash to snatch the shuttered Bloom Lake iron ore mine in the Labrador Trough for a fraction of its previous purchase price.


Trevali Mining's Caribou zinc-lead-silver mine in New Brunswick, which is approaching commercial production. Photo by Salma Tarikh.

Scotiabank’s Pat Mohr on metal prices, China demand

Extremely challenging market conditions will persist for some time, but the resource sector can look forward to supply-side tightness in the medium-term, along with better metal prices, Pat Mohr, a vice-president and economics and commodity…


US stocks rise, Nov. 13-19

U.S. equities gained after the Federal Reserve signalled a possible December rate hike at its last policy meeting, suggesting the U.S. economy is getting stronger. The Dow Jones Industrial Average rose 1.6% to finish at 17,448.07, the S&P…


The headframe at St Andrew Goldfields' flagship Holt gold mine, 53 km east of Timmins, Ontario, which operates at a rate of 1,300 tonnes per day. Credit: St Andrew Goldfields

Cliffs shutters Northshore amid weak iron ore demand

Cliffs Natural Resources (NYSE: CLF), the largest U.S.-based iron ore producer, is temporarily closing its Northshore Mining operation in Minnesota by Dec. 1, to reduce its record-high iron ore inventory levels amid weaker iron ore demand in…



Caterpillar's Command for Hauling fully autonomous truck.  Credit: Caterpillar

Adventures in automation

Leaders in the mining industry are starting to recognize that automation is part of the answer to the sector’s productivity problems, says Michael Murphy, chief engineer, mining technology enabled solutions with leading mining sector…


Dirk Claessens

How analytics is transforming mining

After the excess investment and focus on production volume during the commodities supercycle, the new mantra of the mining sector is all about productivity.


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