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.

June 10, 2014

BHP Billiton a step closer to selling-off non-core operations

World's largest mining company said to be unloading all of the non-core units acquired after the merger with Billiton 13 years ago.

June 8, 2014

After scandal, copper price could follow iron ore over cliff

Beijing is probing the fraudulent use of copper in financing deals which could see vast "off-market" stockpiles dumped onto already soft market.

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.