Iron Ore: Will Benchmark Pricing Go?
With the growth of spot pricing for iron ore, it looks as if the existing system, based on a benchmark price set by annual negotiations between miners and steelmakers, is coming under increasing press…
Iron Ore
Iron Ore’s Cautious Evolution
Iron ore was in the spotlight during the 19th trading week of the year, from esoteric new hedging opportunities to derailed grassroots iron ore deals.
UPDATE: Cardero sells Pampa de Pongo for half price
Vancouver – With a bleak outlook for iron ore markets Cardero Resource (CDU-T, CDY-X) president and CEO Henk van Al…
Chinese firm demands bargain on Cardero’s Pampa de Pongo
Vancouver – After missing a May 17 payment to Cardero Resources (CDU-T, CDY-X) for the Pampa de Pongo iron-ore pr…
Cliffs Idles Coal Plants
As the economic crisis continues to squash demand for steel, Cliffs Natural Resources (CLF-N) is idling some of its metallurgical coal production in West Virginia and Alabama.
Northland Confirms Historic Grades At Tapuli Satellite Target
VANCOUVER– Even as Northland Resources (NAU-T, NRSRF-O) moves along its Tapuli iron ore project in Sweden, the company continues to confirm good iron grades at the nearby Pellivuoma target.
Baffinland reports positive iron feed test from steelmakers
Baffinland Iron Mines (BIM-T) reported test results of a fine iron ore trial batch from large German steelmaker Thy…
Cons. Thompson Gets Chinese Partner
VANCOUVER — Consolidated Thompson Iron Mines (CLM-T) has found itself a partner to develop and run the Bloom Lake iron mine in eastern Quebec.
Consolidated Thompson gets US$240 million and Chinese partner for Bloom Lake
Vancouver – Consolidated Thompson Iron Mines (CLM-T) has found itself a partner to develop and run the Bloom Lake i…
Commodities Forecasted To Rebound In 2010
One of the most anticipated and well-attended sessions at the recent Prospectors and Developers Association of Canada convention in Toronto was a presentation on commodities and the market outlook. Af…
Iron grades strong at Northland satellite target
Vancouver – As Northland Resources (NAU-T, NRSRF-O) moves along its Tapuli iron ore project in Sweden the comp…
Adriana Resources says Lac Otelnuk is world-class iron deposit
Adriana Resources (ADI-V) says its Lac Otelnuk iron project in the Labrador Trough of northern Quebec ranks among t…