Iron ore hits a wall
After staging an impressive comeback from October's lows, the rally in iron ore prices seems to have run out of steam.
Latest Stories
Vale closing eight mines while it investigates another fatality
After a recent mining fataility at Vale's Coleman Mine in Sudbury, the Brazillian miner is temporarily shutting down all eight mines in the region while it assesses safety procedures.
Oilsands workers are a ‘high risk’ group for sexually transmitted infections
While Alberta is showing progress in slowing sexually transmitted infections, oilsands workers and First Nation communities are considered high risk groups.
U.S. mineral values are up in 2011
The value of mineral production in the United States increased by 12 percent in 2011 from that of 2010, suggesting that the nonfuel minerals industries, particularly metals, continued to recover from the economic recession that began in December 2007 and lasted well into 2009.
Ivanhoe Australia appoints investment bank UBS to advise on its ongoing strategic partnership process
MELBOURNE, AUSTRALIA--(Marketwire - Jan. 30, 2012) - Robert Friedland, Chairman, and Peter Reeve, Chief Executive Officer of Ivanhoe Australia Limited (TSX:IVA)(ASX:IVA), are pleased to announce the appointment of UBS Investment Bank to as...
First Quantum signs US$1 billion financing facilty for its Zambia operations
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 30, 2012) - First Quantum Minerals Ltd. ("First Quantum" or the "Company" or "FQM") (TSX:FM)(LSE:FQM) is pleased to announce the signing of a US$1 billion senior term and revolving facilities...
WTO slapdown: China told to lift restrictions on mineral exports
In a ruling that will have ramifications for rare earth supplies, the World Trade Organization ruled today that China is improperly restricting the export of minerals.
Osisko bogged down at same Argentina project where Barrick came unstuck
Osisko Mining on Monday said the company's Famatina project in La Rioja, Argentina, remains stalled almost a month after protesters began blockading the site and marched on the governor's office and in the capital Buenos Aires, sending its stock down 3%
Australia dumps trucks: Nov-Dec mining machinery imports dropped 62%, suggesting no-one’s immune
Australia's mining machinery imports fell 62% in November and December, the biggest fall since the global financial crisis, according to one of the country's largest freight forwarders of heavy equipment.
