Iron ore rebound continues
Iron ore has been under pressure this quarter as China's steel industry struggles with rising inventories, overcapacity and overproduction.
Latest Stories
Fracking fluid fit for human consumption in five years
The fluids used in the fracking process to release hard-of-access underground oil and gas deposits could soon be safe enough for human consumption.
Gabriel Resources officially a smallcap as investors hack off another 12%
Gabriel Resources, advancing the Rosia Montana gold project in Romania, lost 12% of its market value Monday with more than 3 million shares changing hands – six times the usual volumes. Losses for the year now top 70%.
Microorganisms as new “Mining Equipment”? – Research Project
Mining Australia reports, that after Vale already cooperates with the University of São Paulo to find out more about ‘copper eating’ bacteria, […]
Vancouver gold junior hammered after delaying Mexico environment review
Stock in Goldgroup Mining lost 13% in value on Monday after the company announced it has deferred the evaluation of the EIA for its Caballo Blanco project in Mexico.
Vale stock gains as Carajas work restarts
Vale (NYSE:VALE) won a court order on Friday that allows the company to resume work to double railway capacity as part its massive Carajas expansion project.
Silvercorp shares down on police probe
A strong run-up in Vancouver-based Silvercorp's stock came to a halt on Monday.
Northern Iron suspends exploratory plans following iron ore price dive
Mining junior Northern Iron (ASX:NFE) has suspended exploratory plans due to sharp declines in iron ore prices which have severely affected the sector's other major players.
China’s biggest bank dials down Aussie resource sector lending
China's ICBC has announced a reduction in its lending to Australia's resource sector due to concerns that the mining boom is nearing an end.
