With demand for steel in Europe tumbling about 8% in 2012 and a cumulative 29% since 2007, Luxembourg-based steel maker ArcelorMittal (MT-N) has decided to sell a 15% stake in ArcelorMittal Mines Canada to an Asian consortium including South…
With demand for steel in Europe tumbling about 8% in 2012 and a cumulative 29% since 2007, Luxembourg-based steel maker ArcelorMittal (MT-N) has decided to sell a 15% stake in ArcelorMittal Mines Canada to an Asian consortium — including…
The new year kicking off with ArcelorMittal selling 15% of its Labrador Trough iron ore assets underscores the realignment in iron ore assets that has been going on around the world in recent months. Arcelor is selling the 15% stake for a cool…
Proving that it’s got more going on than a potential merger with Inmet Mining (IMN-T), First Quantum Minerals (FM-T) has delivered some serious tonnage from two of its projects in Zambia.
Skyrocketing costs are eating into the pocketbooks of miners across the industry, and Anglo American (AAL-L, AAUKY-Q) is no exception.
Kinross Gold (K-T, KGC-N) shares have fallen by 15% since the beginning of October, but strong third-quarter results portend a turnaround is in store, analysts say.
Cliffs Natural Resources (CLF-N) is hitting the brakes on its iron ore operations in North America, as fundamentals for the metal weaken with unstable prices and a drop in North American steelmaking.
Low operating costs and proximity to steel mills in Europe and the Middle East make Black Iron’s (BKI-T) Shymanivske iron ore project in the Ukraine a compelling proposition, despite fluctuations in the iron ore price, the Toronto-based…
Iron ore explorer Cuervo Resources (FE-C) may be on to something big as it drills off the Bob 1 zone, one of the two large targets on its flagship Cerro Ccopane iron ore property in southern Peru.
Cliffs Natural Resources (CLF-N) is applying the brakes on its iron ore operations in North America as fundamentals for the metal weakens, citing unstable prices and a drop in North American steelmaking.
London-based resource market analyst Roskill Information Services predicts continued volatility in the iron ore market to 2020, based on the findings of its recent report entitled: Iron Ore: Market Outlook to 2020 (7th ed.).
CUZCO, PERU — Iron ore explorer Cuervo Resources (FE-C) may be on to something big as it drills off the Bob 1 zone, one of the two large targets on its flagship Cerro Ccopane iron ore property in southern Peru.
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