TSX slips during March 11-15
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.
Iron Ore
Metals Commentary: CRU sees better year ahead for iron ore
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…
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…
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,…
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%…
Dividend cut and losses hurt Cliffs
Investors beat up Cliffs Natural Resources (CLF-N) after it cut its dividend and reported a quarterly loss.
Dividend cut and losses hurt Cliffs
Investors were beating up Cliffs Natural Resources (CLF-N) after it cut its dividend and reported a quarterly loss.
Positive prefeasibility fails to stop Champion Iron’s slide
VANCOUVER – A preliminary feasibility study concluded the East and West deposits at Champion Iron Mines’ (CHM-T) Consolidated Fire Lake North project could produce 9.3 million tonnes of concentrate grading 66% iron for almost 20 years,…
Cliffs to take major hit in Q4
Two years ago when Cliffs Natural Resources (CLF-N) acquired Consolidated Thompson Iron Mines and its Bloom Lake mine for US$4.97 billion, many critics argued the Cleveland-based company had overpaid.
Cliffs to take major hit in Q4
Two years ago when Cliffs Natural Resources (CLF-N) acquired Consolidated Thompson Iron Mines for US$4.97 billion, many critics argued the Cleveland-based company had overpaid.
Commentary: Is iron ore rally overdone?
Spot prices for iron ore fines delivered to China touched a three-year low of US$87 per tonne in September 2012, before rebounding to US$119 per tonne in December and to the US$158- to US$160-per-tonne level of recent days. The question is:…
Alderon on track for iron ore production at Kami
Vancouver-based Alderon Iron Ore (ADV-T, AXX-X) has passed another milestone in a quest to put its Kamistiatusset (Kami) iron ore project in western Labrador into production by the end of 2015. On Jan. 9, the company announced the results of a…