Iron ore price craters
“The floor of this market is in the hands of the top five mining companies."
Latest Stories
Copper price hits fresh six year low as Paris attacks continue to weigh in
The industrial metal, often viewed as a barometer of global economic growth, fell to its lowest level since 2009.
Cliffs to halt operations at Minnesota iron ore mine
The move will help the cash-strapped coal and iron ore miner to continue operating for the short term.
Brazil mine accident puts tailings ponds safety back in the hot spot
Until early November, the failure at the Canadian Mount Polley copper mine had been the worst such breach in recent years.
Silver teeters on record losing streak as traders flee metals
After capping the worst stretch of losses ever, silver prices slipped again on Tuesday as analysts predicted more pain for metals markets.
K+S Potash to hire 150 workers for its Canada’s Legacy project
The Legacy mine, located approximately 50km north of the city of Moose Jaw, will be the first new potash operation built in the last 40 years in Saskatchewan.
INFOGRAPHIC: Company snapshot: Electra Stone
Electra Stone (ELT.V), covered in today's Company Snapshot, is the first public company aiming to take this BC jade and market it directly to China.
Rio Tinto to close Queensland coal mine if extension gets rejected
The company said that extending Kestrel, its only underground coal operation, would add 20 years to the mine’s life.
Janet’s kool-aid stand
Indeed, there have been some better readings on the US economy lately but things are far from outstanding.
