September 7, 2012

Glasenberg grabs top job from Davis in new Glenstrata deal

Even before building up Xstrata through a series of billion dollar transactions, Big Mick was a formidable dealmaker who with fellow South African Brian Gilbertson created Billiton before selling it…

September 7, 2012

China approved 1 trillion yuan in stimulus spending in under a week

The Chinese government has approved a raft of new infrastructure and rail projects this week in a concerted effort to boost its slowing economy.

September 7, 2012

Chinese demand to prop up Aussie mining boom for years to come

Australian trade minister Craig Emerson has said Chinese demand will continue to give support to the country's mining boom despite declines in export prices.

September 6, 2012

Parti Québécois victory casts doubt with miners

Quebec is regarded as one of the most attractive jurisdictions in the world for mining, if not the very best. But is that about to change? The Parti Québécois victory…

September 6, 2012

Canarail awarded major contract in northern Quebec and Labrador

The President of CANARAIL is pleased to announce the recent signature of a contract with the mining company Labrador Iron Mines (LIM) to help the miner improve and optimize its…

September 6, 2012

China is making steel it doesn’t need so it can fill jobs

It's all about the leadership change in the fall

September 5, 2012

Diving Chinese demand hits Canadian iron ore market

Canada’s Labrador Iron Mines (TSX:LIM) said it had cut its capital expenditure (capex) budget as a result of iron-ore prices falling sharply during August.

September 5, 2012

Canadian Arctic mining boom draws in China-backed MMG

The new kid on Canadian Arctic block is announcing plans to build two mines in Nunavut in the next six years.

September 5, 2012

Rinehart’s critique of Aussie economy triggers personal attacks

Gina Rinehart has raised the ire of the Australian public again with a ten minute Youtube speech on the shortcomings of the country's economy which has triggered ad hominem attacks…

September 5, 2012

Fortescue offloads Pilbara power station for $300 million

Fortescue Metals Group (ASX:FMG) has sold a power station in the Pilbara in an effort by the troubled iron producer to further reduce costs.