Baffinland’s iron ore mine in Nunavut readies to start production
The company will soon begin transporting ore up to Milne Inlet, where it will wait to be loaded onto ships during the open water season of 2015.
Latest Stories
Mexican police seized 68,000 tonnes of iron ore mined by drug lords
So far this year Mexico has seized more than 200,000 tonnes of illegal iron ore, most of it on its way to China.
Baosteel and Aurizon launch $1.4 billion bid for Aquila
The company invested in Aquila in 2009 to help fund its iron ore project and a separate coking coal mine.
Fortune Minerals reports Q1 results
The company is currently waiting for its Land Use Permit and Class A Water License from the Wek'èezhìi Land and Water Board of the Northwest Territories.
Battle royal over US copper mine
The takeover battle for an Arizona mine that's not even permitted but has the potential to transform the US copper industry is turning into a humdinger.
Barrick to launch ‘vigorous defence’ against Pascua Lama class action
Class action lawsuit alleges investors lost billions over Barrick’s "misrepresentations and failures" regarding mothballed $8.5 billion project in South America.
India gold bar imports plummet but diamonds rock
A govt clampdown saw Indian imports of gold bars almost halve, but the diamond trade is robust with rough imports up 24% and polished exports jumping 31%.
Appian’s Michael Scherb: accommodative capital and the new private equity investor in mining
There has been a lot of talk about private equity ‘circling’ the mining space, however little has come to fruition.
PIC OF THE DAY: Merc long-hauler carries open pit dump truck
Mercedes-Benz Actros long-distance heavy duty makes light work of 220 tonne mining dump truck.
