US markets edge higher, Nov. 25-Nov. 29: Nutrien, Yamana, Vale
The Dow Jones Industrial Average rose 0.63% to 28,051.41 and the S&P 500 Index gained 0.99% to 3,140.90. Spot gold closed the trading week at US$1,464, up 0.2%. Nutrien shares…
Iron Ore
High Power Exploration raises US$88 million
Robert Friedland’s High Power Exploration (HPX) has closed a US$88-million equity investment from an undisclosed U.S.-based institutional investor that will allow the privately held company to fast-track development of its…
US markets move higher, Oct. 28-Nov 1: Buenaventura, Rio Tinto, Southern Copper
The Dow Jones Industrial Average rose 1.44% to 27,347.36 and the S&P 500 Index increased 1.47% to 3,066.91. Spot gold gained 0.67% to US$1514.10 per ounce. Compania de Minas Buenaventura…
US markets rise, July 8-12: Rio Tinto, Eldorado, Vale
Spot gold prices ended at US$1,407.60 per oz., up US$18.95 or 1.4% from the previous week. The yellow metal has spent the past three weeks trading around US$1,400 after making…
US markets drop, June 24-28: Agnico Eagle, Rio Tinto
The Dow Jones Industrial Average fell 0.45% to 26,599.96 and the S&P 500 Index dropped 0.30% to 2,941.76. Spot gold rose 0.71% or US$9.90 per oz. to US$1,408.90 per oz….
US markets move higher, June 10-14: Rio Tinto, Alamos Gold, Osisko Gold Royalties
The Dow Jones Industrial Average rose 0.41% to finish at 26,089.61, and the S&P 500 Index moved up 0.47% to 2,886.98. Spot gold rose 0.01% to US$1,341.10 per oz. gold….
TSX Venture falls, May 27-31: Great Bear, GoldON, ML Gold
A high-grade gold discovery called the Bear–Rimini zone at Great Bear Resources’ wholly owned Dixie project in the Red Lake district of Ontario drove up the company’s shares 91¢ to…
Champion Iron positions for organic growth at Bloom Lake
After a milestone-rich year in which Champion Iron (TSX: CIA; ASX: CIA) restarted the Bloom Lake iron ore mine in Quebec’s portion of the Labrador Trough, the company has executed…
US markets mixed, April 29-May 3: Pretium, Cleveland Cliffs
The Dow Jones Industrial Average fell 0.15% to 26,504.95 and the S&P 500 Index rose 0.20% to 2,945.64. Spot gold lost US$7.40 per oz., or 0.60%, to finish at US$1,278.50…
Macquarie Research assesses global iron ore market
Spot iron ore prices rose from US$75 per tonne to US$95 per tonne in the weeks following the Brumadinho dam disaster at Vale’s (NYSE: VALE) Feijao iron ore mine in…
TSX rises, April 1-5: Kirkland Lake, Labrador Iron Ore, North American Palladium
The S&P/TSX Composite Index rose 1.83% to 16,396.15. Spot gold finished the week at US$1,291.40 per oz., down 60¢ from the previous week. The S&P/TSX Global Gold Index rose 0.91%…
Interview: Iron ore markets won’t quickly recover from Vale disaster, says Black Iron’s Simpson
In the following interview excerpt, iron ore expert Matt Simpson, co-founder and CEO of junior Black Iron (TSX: BKI; US-OTC: BKIRF), explains the new landscape for iron ore markets worldwide…