Cliffs the newest victim of iron ore price slump: to take $6bn charge
The miner said the move was driven by its revised pricing outlook and adverse market conditions.
Latest Stories
Gold’s revival drives ETF volatility to 11-month high
As demand for gold rebounds amid the global rout in equities, the metal’s climb to a one-month high may not be the best gauge of the new-found buzz in a market that had been dormant for most of 2014.
Atlas Copco reveals new, streamlined hydraulic breaker attachment line
Atlas Copco’s new, Essential (ES) breaker attachments give rental centers and contractors a fast ROI by simplifying maintenance and operation.
How big miners are reliving the late 90’s bust: Steve Todoruk
It looks like the late 90’s are back in vogue in the mining industry.
Copper price below $3 as mines add a million tonnes
Copper price sinks to 10-month low after new report says mine capacity representing 6% of current production will come on stream over the next six months.
Three ways to play uranium: Dundee’s David Talbot names his top draft picks
Dundee Capital Markets Vice President and Senior Mining Analyst David Talbot explains the turbulent currents roiling the uranium space, and names eight players he thinks are positioned just right.
Columbia Steel District Manager Sam Teresi now serving Nevada mining industry
With the goal of improving customer service and increasing market reach in Nevada, Columbia Steel is pleased to announce that Sam Teresi will be the company’s District Manager in that area.
Columbia Steel names Tony Miotke as Product Engineering Manager of Dragline Team
Columbia Steel is pleased to announce that Tony Miotke has accepted the position of Dragline Product Engineering Manager.
New projects need $90-$100 iron ore – UBS
Big three successfully defending their oligopoly says new report.
