Iron ore outlooks turn gloomy
VANCOUVER — Goldman Sachs has cut its iron ore price forecasts and downgraded its Rio Tinto (RIO-N, RIO-L) recommendation from “neutral” to “sell.” The reason? More than 90% of the company’s 2012 earnings…
VANCOUVER — Goldman Sachs has cut its iron ore price forecasts and downgraded its Rio Tinto (RIO-N, RIO-L) recommendation from “neutral” to “sell.” The reason? More than 90% of the company’s 2012 earnings…
VANCOUVER — Century Iron Mines (FER-T) has a portfolio full of projects, a fair pile of cash, backing from not one but two Chinese partners and a plan to become a mid-sized iron ore producer within the next few years.
Toronto stocks edged down during the holiday shortened March 25–29 trading week.
Labrador Iron Mines (LIM-T) is expecting to receive $30 million from a subsidiary of India’s Tata Steel, as part of an alliance it recently entered to create cost synergies in the Labrador Trough region, where the two companies operate…
VANCOUVER – Century Iron Mines (FER-T) has a portfolio full of projects, a fair pile of cash, backing from not one but two Chinese partners, and a plan to become a mid-sized iron ore producer within the next few years.
VANCOUVER – Goldman Sachs has cut its iron ore price forecasts and downgraded its Rio Tinto (RTP-N, RIO-L) recommendation from Neutral to Sell. The reason? More than 90% of the company’s 2012 earnings came from iron ore, a sector…
Phil Newman, CEO of metals consultants CRU Strategies in London, kicked off the “commodities and market outlook” technical session that launched the Prospectors & Developers Association of Canada convention with a relatively…
The TSX Composite Index was down nearly 6 points to end the March 11-15 week at 12,830.03 points, thanks to a 1% or 134-point decline on March 13.
Phil Newman, CEO of metals consultants CRU Strategies in London, kicked off the “Commodities and market outlook” technical session that launched the Prospectors & Developers Association of Canada convention with a relatively…
VANCOUVER — Vancouver-based copper producer Capstone Mining (CR-T) continues to be one of the strong stories in mid-tier base metal production. The company released its annual results on March 13, which underline a strong…
Labrador Iron Mines (LIM-T) is expecting to receive $30 million from India’s Tata Steel as part of an alliance it recently entered with the company’s subsidiary to create cost synergies in the Labrador Trough region,…
VANCOUVER — A preliminary feasibility study has concluded the East and West iron ore deposits at Champion Iron Mines’ (CHM-T) Consolidated Fire Lake North (CFLN) project could produce 9.3 million tonnes of concentrate grading 66%…
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