Robust economics for Baffinland’s Mary River project
It took four years and about C$170 million but the definitive feasibility study on its 100%-owned Mary River direct…
Iron Ore
De Beers gets frostbite in Canada’s Arctic
The week ended Feb. 9, the sixth trading week of 2007, was punctuated by another setback for Canada’s emerging diamond mining industry, with De Beers taking a severe haircut at its new Snap Lake mine,…
Troy Resources posts expected loss of $4.9M
Shutting down one Brazillian gold mine before starting up another left Troy Resources (TRY-T, TRY-A) with a net los…
Baffinland reports iron ore assay results for Mary River
At 600 km north of the Arctic Circle, Baffinland Iron Mines’s (BIM-T) Mary River iron ore deposits are what preside…
The China factor
Beijing, China–China’s insatiable appetite for iron ore has been a major factor behind the recent enormous price increases and profits in the global iron ore industry.
Resource security high on China’s agenda
As the world’s largest consumer of mineral raw materials, it’s no surprise that China’s mining companies are following their international peers and starting to hunt for resources overseas.
Rio plans to spend as suitors circle
Rio Tinto (RTP-N, RIO-L) plans to get stronger and thwart BHP Billitons (BHP-N, BLT-L) hostile takeover the old-fa…
Iron ore prices likely to rise further with robust China demand
China’s insatiable appetite for iron ore has been a major factor behind the recent enormous price increases and pro…
Ironing out possible mega merger
Spurned by the board of Rio Tinto (RTP-N, RIO-L, RIO-A) in a friendly approach, BHP Billiton (BHP-N, BLT-L, BHP-A) has made its proposal for a US$138-billion all-share bid public in an attempt to brin…
NevadaCopper get resource boost
A new resource estimate on the Pumpkin Hollow copper deposit, east of Yerington, Nev., shows a significant increase in the project’s copper resource.
Anaconda drills high-grade iron ore at San Gabriel (November 05, 2007)
When Rio Tinto (RTP-N, RIO-L) found iron oxide copper-gold deposits 1,000 km north of Santiago, Chile, 10 years ago, it completed 11 reverse-circulation (RC) drill holes targeting magnetic anomalies. …
Pumpkin delivers treats
A new resource estimate on the Pumpkin Hollow copper deposit east of Yerington, Nev., shows a significant increase …