Iron Ore

The surface of Labrador Iron Mines' Redmond iron ore deposit in the Labrador Trough. Source: Labrador Iron Mines

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…


Century Iron Mines and Augyva Mining Resources' Duncan Lake iron ore project in Quebec's James Bay region. Source: Augyva Mining Resources

Century Iron Mines lays out two mine plans

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.



Labrador Iron Mines to get $30M from Tata subsidiary

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…


Century Iron Mines lays out two mine plans

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.


Iron ore outlooks turn gloomy

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…





Capstone polishes off another reliable year

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…


Railroad tracks at Labrador Iron Mines' Howse deposit near Schefferville, Quebec. Source: Labrador Iron Mines

Labrador Iron to get $30M from Tata Steel

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,…


A driller battles the elements at Champion Iron Mines' Fire Lake North iron ore project in the Labrador Trough. Source: Champion Iron Mines

Positive study for Champion Iron in Labrador Trough

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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