Dividend cut and losses hurt Cliffs
Investors beat up Cliffs Natural Resources (CLF-N) after it cut its dividend and reported a quarterly loss.
Iron Ore
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…
Is the iron ore rally overdone?
Spot prices for iron ore fines delivered to China touched a three-year low in September 2012 of US$87 per tonne before rebounding to US$119 per tonne in December and to the US$158-US$160 per-tonne level of recent days. The question is, where…
Alderon remains on track for iron ore production at Kami
VANCOUVER — Vancouver-based Alderon Iron Ore (ADV-T, AXX-X) has passed another major 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…
Superior Copper revisits the old Coppercorp mine
Superior Copper (SPC-V) is hoping to find a new mine beside an old one as it gears up for another round of drilling on its flagship Batchawana copper property.
Anglo American, Cliffs exit Amapa
Miners shed more non-core assets in the new year to help free-up capital, with Anglo American (AAL-L, AAUKY-Q) and Cliffs Natural Resources (CLF-N) selling their stakes in the Amapa iron ore operation in northern Brazil.
Superior Copper revisits the old Coppercorp mine
SAULT STE. MARIE, ONT. — Superior Copper (SPC-V) is hoping to find a new mine beside an old one as it gears up for another round of drilling on its flagship Batchawana copper property.