September 23, 2014

BHP-Mitsubishi axing 700 coal mining jobs

Companies said over-staffing in the current environment was threatening the viability of their Australian operations.

September 23, 2014

Canadian court rules aboriginal lawsuit against Rio Tinto can go ahead

Quebec judge wouldn't dismiss $900 million lawsuit.

September 22, 2014

Baffinland Iron Ore begins mining in Canada’s Nunavut

The ore mined will be shipped during the open water season of 2015.

September 18, 2014

Positive drill results from Howse deposit

The drill results from the Howse iron ore deposit near Schefferville, QC, are positive with grades in the 65% range. The deposit is the target of a $5-million exploration program…

September 18, 2014

What will Ivan buy next? Take 2

"All that's required is to hand the world’s best mining assets to the world’s best management."

September 17, 2014

Australia govt forecast: Iron ore price below $100 for 5 years

Iron ore will recover to above $90 a tonne over the medium term, but dips to low $70s not ruled out.

September 16, 2014

Iron ore rally turning into dead cat bounce

After 4% surge on Monday, benchmark prices resume slide.

September 15, 2014

What will Ivan buy next?

A GlenTinto is not as far-fetched as it sounds.

September 15, 2014

Iron ore price in stunning turnaround

Up nearly 4% on Monday; rallying after weeks of intense selling.

September 14, 2014

$8bn mining private equity needs to be spent. And soon

Countercyclical investors sitting on $8 billion unspent funds have been waiting for clear signs of a market bottom. The wait may well be over.