June 17, 2014

Less correlation among commodities demands more careful selection: Philip Richards

Commodities from coal to gold once traded in close correlation, but today the graph looks helter-skelter.

June 16, 2014

Iron ore price crashes through $90

Iron ore and steel prices are approaching levels last seen during the height of the financial crisis.

June 15, 2014

Vale and Amazon Indians begin talks after threats of setting mine on fire

Vale said the tribe wants to modify an agreement to mitigate the mine's impact on its community's development.

June 15, 2014

US Midwest poised for a copper and iron ore mining rebirth

There are at least six mines proposed or already started in the area comprised by Michigan, Minnesota and Wisconsin.

June 13, 2014

Aquila dives as China’s Baosteel warns no better bid coming

Baosteel chairman Dai Zhihao threatened to dump the company's 19.8% stake and said it would not extend the offer past the July deadline.

June 12, 2014

The iron ore price is falling again

Shares in producers are dumped after price of iron ore falls 2% to fresh 22-month on more bad economic news from top consumer China.

June 11, 2014

China’s Baosteel faces competition in bid for Aquila Resources

Mineral Resources, which also operates small iron ore mines, now owns a 12% stake in Aquila.

June 11, 2014

Asteroids mined for fuel to generate trillion dollar market, says firm

Orbiting spacecraft could be refuelled with water taken from asteroids—but some experts doubt the economics.

June 10, 2014

Canadians losing enthusiasm for building closer ties with Asia

In 2013, 45% of Canadian surveyed said they felt Chinese investment would benefit Canada. In 2014, that number dropped to 35% in 2014, the lowest in a decade.

June 10, 2014

‘Peaking’ supply surge to lift iron ore price above $100

Research note from Citi sees $90 as support and a move back above $100 in Q4, but UBS warns on collateralized loans.