Alderon releases initial Kami resource
Vancouver – A first resource for Alderon Resource’s (ADV-V) Kamistiatusset (Kami) iron ore project in western Labrador has established a global resource of 608 million indicated and inferred tonnes.
Iron Ore
Cap-Ex Ventures focuses on Labrador iron
Vancouver – With several recent high-profile iron ore acquisitions in eastern Canada, Cap-Ex Ventures (CEV-V) has picked an opportune time to re-launch as a Labrador trough-focused exploration company.
Tata invests in New Millennium Capital
Tata Steel of India has joined the ranks of foreign steelmakers trying to nail down long-term iron ore supply in Canada. The South Asian steel giant has signed a binding agreement with New Millennium Capital (NML-V) to develop the…
Tata Steel wants New Millennium’s iron ore
Tata Steel of India has joined the ranks of foreign steelmakers that are trying to nail down long-term iron ore supply in Canada. The South Asian steel giant has signed a binding heads of agreement with New Millennium Capital Corp. (NML-V) to…
PDAC: base metals and potash prices set to consolidate gains in 2011
The outlook for base metals prices looked equally bright to the next set of speakers at the opening technical session “Commodities and Market Outlook” of the Prospectors and Developers of Canada convention in Toronto.
Augyva eyes iron in Quebec’s James Bay region
Iron ore mining and exploration in Quebec is focused in the northeast, but Georges-Yvan Gagnon, CEO of Augyva Mining Resources (AUV-V), is convinced there is great potential farther west in the province, specifically at the Duncan Lake project…
African Aura’s Nkout tops a billion tonnes of iron ore in Cameroon
A first resource estimate for African Aura Mining’s (aur-v, aaam-l) Nkout iron project in southern Cameroon has more than a billion tonnes.
African Aura’s Nkout tops a billion tonnes
Vancouver – A first resource estimate for African Aura Mining’s (AUR-V) Nkout iron project in southern Cameroon has put over a billion tonnes in the ground.
Brazil looks to get tough on Chinese iron ore investments
Brazil’s recently elected government has signaled that it won’t be business as usual when it comes to mining iron ore in the South American country. In early November Brazilians replaced popular President Luiz Inácio Lula da Silva – who…
Former bidding rivals team up to chase Baffinland
In a new twist to the takeover battle for Baffinland Iron Mines (bim-t), former rivals Nunavut Iron Ore and ArcelorMittal (mt-n) are teaming up in a joint bid.”It’s been an interesting week,” Nunavut Iron chairman Bruce Walters remarks with…
Cliffs to buy Cons. Thompson
If Cliffs Natural Resources (clf-n) is successful in its bid for Consolidated Thompson Iron Mines (clm-t) and its Bloom Lake mine on the south end of the Labrador Trough, it will in one stroke acquire a world-class orebody containing high-grade…
Deals rock Canada’s base metals miners
The second week of 2011 was a breathtaking one in the Canadian base metals scene, with three substantial deals.