Iron Ore

Lac Lamêlée off to a good start

Source: Daily News | 2013-05-03
Fancamp Exploration’s (FNC-V) first resource estimate on its Lac Lamêlée South iron project in the Fermont mining district of Quebec has outlined 520 million tonnes grading 39.5% iron at a 22% iron cut-off grade—about...

Hanlong reneges on Sundance deal 

Source: Print Archives | 2013-04-24
VANCOUVER — Mining companies and resource investors are going to have a tough time believing Hanlong Group if it tables another takeover offer. Twice the huge Chinese energy and resource company has offered to take over junior miners, but...

Iron ore outlooks turn gloomy 

Source: Print Archives | 2013-04-10
VANCOUVER — Goldman Sachs has cut its iron ore price forecasts and downgraded its Rio Tinto (RIO-N, RIO-L) recommendation from “neutral” to “sell.” The reason? More than 90% of the company’s 2012 earnings...

Century Iron Mines lays out two mine plans 

Source: Print Archives | 2013-04-03
VANCOUVER — Century Iron Mines (FER-T) has a portfolio full of projects, a fair pile of cash, backing from not one but two Chinese partners and a plan to become a mid-sized iron ore producer within the next few years.

TSX slips during March 25-29

Source: Daily News | 2013-04-01
Toronto stocks edged down during the holiday shortened March 25–29 trading week.  

Labrador Iron Mines to get $30M from Tata subsidiary  

Source: Print Archives | 2013-03-27
Labrador Iron Mines (LIM-T) is expecting to receive $30 million from a subsidiary of India’s Tata Steel, as part of an alliance it recently entered to create cost synergies in the Labrador Trough region, where the two companies operate...

Century Iron Mines lays out two mine plans

Source: Daily News | 2013-03-26
VANCOUVER – Century Iron Mines (FER-T) has a portfolio full of projects, a fair pile of cash, backing from not one but two Chinese partners, and a plan to become a mid-sized iron ore producer within the next few years.

Iron ore outlooks turn gloomy

Source: Daily News | 2013-03-21
VANCOUVER – Goldman Sachs has cut its iron ore price forecasts and downgraded its Rio Tinto (RTP-N, RIO-L) recommendation from Neutral to Sell. The reason? More than 90% of the company's 2012 earnings came from iron ore, a sector...

A better year ahead for iron ore, commodities: CRU's Newman  

Source: Print Archives | 2013-03-20
Phil Newman, CEO of metals consultants CRU Strategies in London, kicked off the “commodities and market outlook” technical session that launched the Prospectors & Developers Association of Canada convention with a relatively...

TSX slips during March 11-15

Source: Daily News | 2013-03-19
The TSX Composite Index was down nearly 6 points to end the March 11-15 week at 12,830.03 points, thanks to a 1% or 134-point decline on March 13.

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