Labrador Iron falls on hard times
Despite having the distinction of being Canada’s newest and only independently owned iron ore producer, Labrador Iron Mines(LIM-T) has been on a rough ride over the last while.
Iron Ore
Look out, here comes Oceanic Iron Ore
When Steven Dean stepped down in 2002 as president of Teck Cominco, now Teck Resources (TCK-T, TCK-N), his motivation was simple: he wanted to spend more time with his family after spending years on the road, a fact of life in the…
Beaufield proves Chinese firms still interested in iron ore
The connection between slower growth in China and slumping commodity prices has been well made in the financial press over the last few months — but there are contrary signs to be found by astute investors.
Labrador Iron Mines falls on hard times
Despite having the distinction of being Canada’s newest and only independently owned iron ore producer Labrador Iron Mines’ (LIM-T) has been on a rough ride over the last while.
Here comes Oceanic Iron Ore
When Steven Dean stepped down in late 2002 as president of Teck Cominco, now Teck Resources (TCK.B-T, TCK-N), his motivation was pretty simple: he just wanted to spend more time with his family after spending years on the road, a fact…
Advanced Explorations drops on feasibility study
Shares of Advanced Explorations (AXI-V) plunged 37% following the results of its feasibility study on the Roche Bay iron project on the Melville Peninsula in Nunavut.
Miners endorse CN Rail plan for Labrador Trough
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…
Hecla withdraws US Silver bid
Hecla Mining’s (HL-N) attempt to derail a merger agreement reached last month between U.S. Silver (USA-T, USSIF-O) and RX Gold & Silver (RXEXF-O) has fallen short. Both U.S. Silver and RX Gold shareholders have voted in favour of a…
Miners endorse CN Rail plan for Labrador Trough
VANCOUVER — 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…
Rio Tinto opens wallet wide for asset upgrades
Rio Tinto (RIO-N, RIO-L, RIO-A) will spend billions of dollars to advance and upgrade some of its highest-profile assets.At its sprawling Pilbara iron-ore operation Western Australia, the company has committed US$3.7 billion to boost capacity,…
Oil Can’s iron ore lifts Champion Minerals
Champion Minerals (CHM-T) has traded higher on news that its 100%-owned Oil Can iron ore deposit, 6 km north of its flagship Fire Lake North project in the southern end of the Labrador trough, contains nearly 1 billion tonnes of…
RCMP investigates Cardero’s activities in Ghana
Despite promising early results from its Sheini iron ore project in Ghana, Cardero Resource (CDU-T) could be facing a few legal headaches.The Royal Canadian Mounted Police (RCMP) has launched an investigation into how Cardero won the…