Iron ore prices going from bad to worse — below $50
The sustained losses place smaller miners back in the danger zone.
Latest Stories
Iron ore price getting crushed again
Chinese steel prices fall to record low Monday, dragging down iron ore price another 4%.
Fission, Denison merging
Forming $900 million uranium exploration and development company.
Mine turned into spectacular 18-hole golf course
Award winning reclamation project open to the public.
Professional LLC manufacture special 7000-th bucket
7000th bucket decorated in "Khokhloma" style
Gold price: Hedge funds have NEVER been this bearish
Latest futures data show hedge funds cutting bullish positions 55% to lowest since October 2006 and pushing bearish bets to all-time high.
Sandvik secures major Mining Systems order in South Africa
The project includes engineering, supply and installation of two bucket-wheel stacker/reclaimers with capacity of up to 6,800 tons per hour and two shiploaders with capacity of up to 11,000 tons per hour for coal handling.
Tanzania puts former mining minister behind bars over gold deal
He was found guilty of issuing illegal tax exemptions to a gold audit firm, which cost the government millions of dollars in lost revenues.
Rob McLeod: Climate change leading to major new mineral discoveries
I guess you could say it is not necessarily a good thing for the planet, but one of the few I guess industries or individuals that do benefit from a warming earth are us, exploration geologists.
