June 6, 2014

Quebec commits up to $20 million for new Labrador Trough rail line

The government has set aside a maximum of $20 million from its Northern Plan Fund to estimate costs and define the best railway option for the iron-ore rich region.

June 6, 2014

STOP LOSS: Iron ore price recovers 3% for the week

After eight straight weeks of declines and the first dip below $100 since 2012, the price of iron ore starts clawing its way back.

June 5, 2014

BHP admits mistakes in its China, iron ore strategy

CEO Andrew Mackenzie says miner's China-focused investment is shifting and its rapid iron ore expansion came at the expense of the overall business.

June 3, 2014

Iron ore miner pulls staff after Sierra Leone Ebola outbreak

London Mining tells eight staff at Marampa mine to go home and imposes travel restrictions after deadly fever spreads from neighbouring Guinea and Liberia.

June 3, 2014

Rio: $80 iron ore price means ‘a lot’ of miners will disappear

CEO Sam Walsh: "We are the lowest-cost producer in the world with costs of $20 per tonne; I think we’ll be OK."

June 2, 2014

Iron ore price breaks fall

After unnerving 7% slide last week, iron ore managed to eke out a small price gain Monday.

May 30, 2014

Vale gets green light to restart nickel mine in New Caledonia

After over three weeks of being suspended over a chemical spill into a local river into a local river that killed about 1,000 fish.

May 29, 2014

Fight to oust Cliffs board just got real ugly

Casablanca: litigation possible after iron ore miner's board issue "explicit threat to shareholders: vote for the incumbent board or destroy the company".

May 29, 2014

Major new coal projects unlikely to be profitable: Goldman Sachs

The bank analysts say the window for profitable investment in new thermal coal mining and infrastructure capacity “has closed.”

May 28, 2014

Iron ore price hits fresh lows as Beijing warns of supply flood

Shares in producers fall after China's powerful central planning agency says country's "high steel demand period has passed" and inventories will stay high.