Mixed signals for China steel and iron ore point to prices drifting lower
More certainty is needed on the demand outlook before prices can lock in a definitive direction.
Latest Stories
Canadian oil outlook ‘significantly deteriorated’: International Energy Agency
With Canadian oil prices under pressure and so much uncertainty regarding new takeaway capacity, companies have been reluctant to launch new projects.
Canadian miner ready to drill at centenary Arizona gold project
The US Bureau of Land Management approved Arizona Silver's Notice of Intent to start exploration drilling on the Philadelphia project.
Blackstone says BC cobalt project compares with world’s top deposits
The Aussie miner says new work in recent months has uncovered fresh targets assaying up to 2.3% cobalt and 32 grams per tonne gold.
Sirius Minerals puts alternative plan for potash project on the table
The Woodsmith mine will be one of the world’s largest in terms of the amount of resources extracted — It's set to generate an initial 10 million tonnes per year of polyhalite, a form of potash used in plant fertilizers.
Newcrest inks $65-million JV deal with Greatland Gold
The joint venture will focus on advancing the London-based explorer’s Havieron project in Western Australia's prolific Paterson region.
Meet SNC, the firm that Trudeau’s risking his career to save
Why is Justin Trudeau risking his political career to rescue the construction firm? It comes down to three things: jobs, SNC’s political clout and the special status that many Quebec companies hold.
Homecoming costs tycoon $7B in year of legal drama
ArcelorMittal is finally nearing the end of a yearlong battle to break into India with the $5.9 billion acquisition of Essar Steel India Ltd.
‘Zombie’ enterprises hampering China’s economic transformation – Chinalco
For years, such enterprises have survived on bank loans and local government backing, robbing more deserving companies of financial resources that could have otherwise contributed to local growth.
