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.
U.S. stock markets were closed for the Thanksgiving holiday on Nov. 22 and many Americans marked the occasion with an overnight shopping spree. According to the National Retail Federation, 89 million Americans shopped online and in stores on…
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.
Members of the Ontario Northland Transportation Commission (ONTC), a crown agency in charge of maintaining transportation and communications in Northern Ontario, voted unanimously in favour of a proposal by the General Chairperson’s…
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…
GDP growth in the U.S. increased at an annual rate of 2% in the third quarter, up from 1.3% in the second quarter, but earnings disappointments from a slew of U.S. multinational companies, including Apple, and worries about slowing…
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…
It’s not every day that a primary silver deposit is found at the side of a road.
Toronto-based Noront Resources (NOT-V) is banking on a newly published feasibility study at its advanced-stage Eagle’s Nest polymetallic nickel-sulphide deposit — which also includes copper, platinum, palladium and gold — to…
At a time when many juniors are feeling a cash crunch and throttling back spending, Vancouver-based Riverside Resources (RRI-V) is notably busy as a project generator and early stage explorer. Focused on Mexico, the company believes its…
In the grand scheme of things Canada isn’t known as a great power in the iron ore business, but a group of forward-thinking mining companies have come together with the Canadian National Railway (CNR-T, CNI-N) to explore igniting a true…
VANCOUVER — During a period when junior explorers are feeling a cash crunch and limiting expenditures, Vancouver-based Riverside Resources (RRI-V) is notably busy in its capacity as a project generator and early-stage explorer. With a…
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