Kinross reports strong Q3 results
Kinross Gold (K-T, KGC-N) shares have fallen by 15% since the beginning of October, but strong third-quarter results portend a turnaround is in store, analysts say.
Iron Ore
Cliffs delays expanding Bloom Lake, curbs output for 2013
Cliffs Natural Resources (CLF-N) is hitting the brakes on its iron ore operations in North America, as fundamentals for the metal weaken with unstable prices and a drop in North American steelmaking.
Black Iron takes on Ukrainian iron ore
Low operating costs and proximity to steel mills in Europe and the Middle East make Black Iron’s (BKI-T) Shymanivske iron ore project in the Ukraine a compelling proposition, despite fluctuations in the iron ore price, the Toronto-based…
Cuervo jumps back into action in Peru
Iron ore explorer Cuervo Resources (FE-C) may be on to something big as it drills off the Bob 1 zone, one of the two large targets on its flagship Cerro Ccopane iron ore property in southern Peru.
Cliffs delays Bloom Lake expansion, cuts 2013 iron ore output
Cliffs Natural Resources (CLF-N) is applying the brakes on its iron ore operations in North America as fundamentals for the metal weakens, citing unstable prices and a drop in North American steelmaking.
Roskill: Turbulence in store for iron ore
London-based resource market analyst Roskill Information Services predicts continued volatility in the iron ore market to 2020, based on the findings of its recent report entitled: Iron Ore: Market Outlook to 2020 (7th ed.).
Cuervo jumps back into action in Peru
CUZCO, PERU — Iron ore explorer Cuervo Resources (FE-C) may be on to something big as it drills off the Bob 1 zone, one of the two large targets on its flagship Cerro Ccopane iron ore property in southern Peru.
Black Iron is in the black in the Ukraine
Low operating costs and close proximity to steel mills in Turkey, Europe and the Middle East make Black Iron’s (BKI-T) Shymanivske iron ore project in the Ukraine a compelling proposition despite fluctuations in the iron ore price, the…
More headaches for Anglo at Minas-Rio
Skyrocketing costs are eating into the pocketbooks of miners across the industry and Anglo American (AAL-L, AAUK-Q) is no exception.
Northland starts its engines
Northland Resources (NAU-T) has been given the green light to get the big trucks rolling, which could mean that Sweden’s next iron mine is only weeks away from entering production.
Teck wobbles in third quarter
Teck Resources (TCK-T, TCK-N) produced a record 99,000 tonnes of copper in the third quarter, up 29% year-on-year, but lower commodity prices and sale volumes for its steelmaking coal sent the miner’s adjusted net earnings down to $349…
Earnings miss for Cliffs Natural Resources
A severe 36% year-on-year drop in prices for seaborne iron ore during the third quarter torpedoed earnings for Cliffs Natural Resources (CLF-N). The iron ore and metallurgical coal producer’s consolidated revenues fell 26% to US$1.5…