Cliffs closes Bloom Lake iron ore, sells coal assets
Active production at the Canadian Bloom Lake iron ore mine has completely ceased, and the sale of the firm's its struggling coal division has been completed.
Latest Stories
Here is why miners should think ‘accountability’ when talking ‘responsibility’ (Part II)
The concept of a government-backed initiative to manage CSR abroad is being looked at by various nations, including Canada and the U.K.
Chile’s Supreme Court won’t hear Barrick appeal on Pascua Lama fine
The court refused to consider the appeal on procedural grounds. Chile's environmental regulator will now have to re-evaluate the administrative fines for over $16 million it imposed on the project.
Why you need to own gold in 2015 and beyond
The problem is dishonest money. Federal Reserve officials are free to print as many dollars as they wish, completely unaccountable for the purchasing power stolen from your savings. Honest money in the form of physical gold is the solution.
The Klondike Gold Rush debuts Jan. 6 on PBS
“People set off with very little clue about where they were going, they were swept up in this mass hysteria.”
Ban on iron ore mining led to one million lost jobs in Karnataka, Goa
Ban on iron ore mining and exports in top producing states of Karnataka and Goa led to job loss of one million people, directly and indirectly, according to a ASSOCHAM-Yes Bank joint study.
Canada’s mining sector braces for another challenging year
Iron ore suffered the biggest drop in the past year, losing nearly half its value to reach the lowest price in more than five years.
Mining in 2015: Copper price topped
No rally for the red metal in 2015, but all bets are off if China's State Grid Corp finally deploys its $65 billion fixed investment budget.
Gold’s year-end rally surprises investors
The precious metal is ending the year nearly unchanged after plummeting about 30% in 2013.
