Iron Ore

The camp that supports the Fire Lake North project. Source: Champion Iron Mines

Positive prefeasibility fails to stop Champion Iron’s slide

VANCOUVER – A preliminary feasibility study concluded the East and West deposits at Champion Iron Mines’ (CHM-T) Consolidated Fire Lake North project could produce 9.3 million tonnes of concentrate grading 66% iron for almost 20 years,…


The Bloom Lake iron mine in Quebec in 2010 which was purchased by Cliffs Natural resources in 2011. Source: Consolidated Thompson Iron Mines

Cliffs to take major hit in Q4

Two years ago when Cliffs Natural Resources (CLF-N) acquired Consolidated Thompson Iron Mines and its Bloom Lake mine for US$4.97 billion, many critics argued the Cleveland-based company had overpaid.


Cliffs to take major hit in Q4

Two years ago when Cliffs Natural Resources (CLF-N) acquired Consolidated Thompson Iron Mines for US$4.97 billion, many critics argued the Cleveland-based company had overpaid.


Commentary: Is iron ore rally overdone?

Spot prices for iron ore fines delivered to China touched a three-year low of US$87 per tonne in September 2012, before rebounding to US$119 per tonne in December and to the US$158- to US$160-per-tonne level of recent days. The question is:…


A core sample from Alderon Iron Ore's Kami project in western Labrador. Source: Alderon Iron Ore

Alderon on track for iron ore production at Kami

Vancouver-based Alderon Iron Ore (ADV-T, AXX-X) has passed another milestone in a quest to put its Kamistiatusset (Kami) iron ore project in western Labrador into production by the end of 2015. On Jan. 9, the company announced the results of a…



Workers at Alderon's Kamistiatusset (Kami) iron ore project. Source: Alderon Iron Ore

Alderon remains on track for iron ore production at Kami

VANCOUVER — Vancouver-based Alderon Iron Ore (ADV-T, AXX-X) has passed another major milestone in a quest to put its Kamistiatusset (Kami) iron ore project in western Labrador into production by the end of 2015. On Jan. 9, the company…



Zamin Ferrous founder Pramod Agarwal.

Anglo American, Cliffs exit Amapa

Miners shed more non-core assets in the new year to help free-up capital, with Anglo American (AAL-L, AAUKY-Q) and Cliffs Natural Resources (CLF-N) selling their stakes in the Amapa iron ore operation in northern Brazil.



Outcropping of banded iron formation found at Advanced Explorations' Tuktu 1 deposit. Source: Advanced Explorations

The tipping point for iron ore

Spot iron ore prices in September 2012 touched a three-year low of US$87 per tonne before rallying to US$120 per tonne in the closing months of the year. The question is where will prices move from here?


Consol Energy sells coal assets in Canada

Consol Energy (CNX-N) sold two non-producing coal assets in Western Canada last month for US$127 million, bringing its total asset sales in 2012 to more than US$350 million, the company reported today.


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