Champion Iron positions for organic growth at Bloom Lake
After a milestone-rich year in which Champion Iron (TSX: CIA; ASX: CIA) restarted the Bloom Lake iron ore mine in Quebec’s portion of the Labrador…
Iron Ore
US markets mixed, April 29-May 3: Pretium, Cleveland Cliffs
The Dow Jones Industrial Average fell 0.15% to 26,504.95 and the S&P 500 Index rose 0.20% to 2,945.64. Spot gold lost US$7.40 per oz., or…
Macquarie Research assesses global iron ore market
Spot iron ore prices rose from US$75 per tonne to US$95 per tonne in the weeks following the Brumadinho dam disaster at Vale’s (NYSE: VALE)…
TSX rises, April 1-5: Kirkland Lake, Labrador Iron Ore, North American Palladium
The S&P/TSX Composite Index rose 1.83% to 16,396.15. Spot gold finished the week at US$1,291.40 per oz., down 60¢ from the previous week. The S&P/TSX…
Interview: Iron ore markets won’t quickly recover from Vale disaster, says Black Iron’s Simpson
In the following interview excerpt, iron ore expert Matt Simpson, co-founder and CEO of junior Black Iron (TSX: BKI; US-OTC: BKIRF), explains the new landscape…
US markets down, March 18-22: Vale, Wheaton Precious Metals and Franco-Nevada
The Dow Jones Industrial Average fell 1.34% to finish the trading week at 25,502.32, and the S&P 500 Index lost 0.77% to end the week…
TSX Venture rises, March 18-22: Macarthur, Luminex and Mirasol
Shares of Macarthur Minerals rose 100% to 10¢. The company signed a life-of-mine offtake agreement to sell Glencore International iron ore that could be produced…
The Northern Miner Podcast – episode 134: Iron ore markets post-Vale disaster, Ukraine update ft Black Iron’s Matt Simpson
Global iron ore markets are under great stress in the wake of Vale’s horrific tailings-dam disaster near Brumadinho in Brazil, which has resulted in 10%…
BMO cuts Vale production estimates after additional mine closure
BMO Capital Markets has cut Vale’s (NYSE: VALE) iron ore production estimate this year by a further 30 million tonnes due to the continued suspension…
US markets post slight gain, Feb. 18-22: Newmont, Rio Tinto
The Dow Jones Industrial Average rose 0.57% to 26,031.81, while the S&P 500 Index increased 0.62% to 2,792.67. Spot gold finished the week at US$1,337.80…
Black Iron, Glencore discuss offtake for Shymanivske in Ukraine
Black Iron (TSX: BKI; US-OTC: BKIRF) and Glencore (LON: GLEN) are in talks to finance construction of the junior’s Shymanivske iron ore project in Ukraine,…
Editorial: Iron ore prices surge higher on Vale disaster
All of those supply and demand, and price forecasts carefully assembled in late 2018 for iron ore have become obsolete in the wake of Vale’s…