April 28, 2011

Severstal boosts crude steel output 5%

Russia's top steelmaker Severstal (CHMF.MM: Quote) said on Thursday its crude steel output rose to 3.65 million tonnes in the first quarter 2011, up 5 percent from the same period…

April 28, 2011

Russian metals firms constrained by rail

Russia's two main rail lines into Asia and, in particular China, are increasingly overburdened which is causing a headache for metals firms looking to increase exports.

April 27, 2011

A longer-term view of inflation: industrial metals vs. gold

I found an interesting dataset at the IMF of commodity prices going back to 1980. What makes it interesting is to look at the longer-term price trends of some of…

April 27, 2011

Commodities: No bubble here

With commodity prices up so much over the past several years, you can forgive long-term value investors for giving them a miss. Who wants to risk exposure to another asset…

April 27, 2011

It’s a good time to invest in coal

Coal is considered the dirtiest of all fossil fuels due to the emissions of hazardous pollutants when burned. But we are at a point today where there is a scarcity…

April 27, 2011

Today in Commodities: Status quo from Fed

Nothing new to report from Uncle Ben and his cronies but at least there was more talk of inflation with rising commodity […]

April 26, 2011

Revolver to acquire operating iron ore assets in Brazil

Revolver Resources Inc., (TSX VENTURE:RZ) ("Revolver") is pleased to announce that it has entered into an arm's length letter of intent with Oculus Mining S.A. ("Oculus") effective April 11, 2011,…

April 26, 2011

LIM completes Can$110 million equity financing

Labrador Iron Mines Holdings Limited (TSX:LIM) (the "Company" or "LIM") is pleased to announce that it has completed its previously announced public offering of C$100,000,000 in common shares and C$10,000,500…

April 26, 2011

Metso wins processing equipment deal for Kaunisvaara iron ore project

Northland Resources has contracted Metso to supply the mineral processing equipment and services for the two processing lines at Northland’s Kaunisvaara iron ore project in northern Sweden. The order is…

April 25, 2011

Tata to hold onto Riversdale stake

India's Tata Steel , the world's No 7 steelmaker, will hold on to its stake in Africa-focused Riversdale Mining , its vice chairman said on Monday. "We will continue to…