Alderon reaches deal with Labrador City
Alderon Iron Ore (TSX: ADV; NYSE-MKT: AXX) is further down the road in its quest to build the Kami iron mine in the Labrador Trough.
Iron Ore
Casablanca urges Cliffs to spin off international assets
Shares in Cleveland-based Cliffs Natural Resources (NYSE: CLF) have been trading heavily since activist hedge-fund Casablanca Capital urged the company to spin off its international assets and implement other changes to boost…
Black Iron advances Ukraine iron-ore project
January was a productive month for Black Iron (TSX: BKI; US-OTC: BKIRF), which updated its bankable feasibility study and signed a rail agreement using Ukraine’s rail network to move 20 million tonnes of iron ore per year from its…
Champion and Cartier complete Penguin Lake resource
Champion Iron Mines (TSX: CHM; US-OTC: CPMNF) has increased the historic resource at its Penguin Lake iron project tenfold in the southern portion of the Labrador Trough, 110 km southwest of the town of Fermont.
Macquarie reviews 2013 metal prices
Analysts at Macquarie Commodities Research in London and Beijing have totted-up the final numbers for 2013 and conclude in a research note published Jan. 2 that of all the precious and base metals, palladium posted the largest year-on-year…
Mamba Minerals tables offer for Champion Iron
Champion Iron Mines (TSX: CHM; US-OTC: CPMNF) brought its Consolidated Fire Lake North project in the Labrador Trough to the prefeasibility stage, and Mamba Minerals (ASX: MAB) believes it has what it takes to advance the iron-ore project all…
Capstone’s Pinto Valley ‘doing better than expected’
Capstone Mining (TSX: CS; US-OTC: CSFFF) shares got a boost after the Vancouver-based firm said its recently acquired Pinto Valley copper–molybdenum mine in Arizona could produce more than the targeted 22 million to 27 million lb. copper…
Rio Tinto charts path to cut spending and boost returns
VANCOUVER — At a shareholder meeting in Sydney, Rio Tinto’s (NYSE: RIO; LSE: RIO) executive team laid out a plan to reinvigorate the world’s second-largest miner.
U.S. markets rise slightly, Nov. 25-29
The Dow Jones Industrial Average and the S&P 500 marked their eighth straight week of gains with the Dow climbing 21.64 points or 0.14% to 16,086.41 and the S&P 500 up 1.05 points or 0.10% to 1,805.81. The eight-week streak for the…
Solid Resources teams with Glencore in Spain
VANCOUVER — Good relationships in Spain have paid off for B.C.-based explorer Solid Resources (TSXV: SRW; US-OTC: SLDRF).
Aura improves ops, but seeks more funds
Aura Minerals’ (TSX: ORA) move to cut costs across its mines has contributed to promising third-quarter results, but the company still has operating and financing hurdles to clear before it can receive better market recognition, says CIBC…
Timis’ African Minerals moves fast in Sierra Leone
African Minerals (LSE: AMI) has accomplished a lot in four years, moving its flagship Tonkolili iron ore project in Sierra Leone from exploration to production, and achieving its target export run rate of 20 million tonnes per year during the…