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The stockage yard at Vale's Carajas iron mine, in Para state, Brazil. Vale controls 36% of the world's seaborne iron ore market.

Iron Ore: Will Benchmark Pricing Go?

With the growth of spot pricing for iron ore, it looks as if the existing system, based on a benchmark price set by annual negotiations between miners and steelmakers, is coming under increasing press…


Potash One Grows Legacy Resource

VANCOUVER — Saskatchewan produces one-third of the world’s supply of potash, the key ingredient in fertilizer, but the province has not seen a new potash mine in 40 years. With a new, increased resou…


Q1 Strong For Kinross

Lower costs, higher margins and new ounces from mines in Russia, the U. S. and Brazil all added up to record first-quarter revenues and earnings for Kinross Gold (K-T, KGC-N).


Mosaic’s Profit Falls 89% In Q3

Lower sales and production along with higher costs for materials and reduced selling prices were to blame for Mosaic Co.’ s (MOS-N) dismal third-quarter 2009 earnings, the producer of concentrated pho…


Hana Picking Up Speed At Ghanzi In Botswana

VANCOUVER–Following up on last summer’s percussion-drill campaign at the Ghanzi property in central Botswana, Hana Mining (HMG-V) has confirmed strong copper intercepts with two diamond-drill holes.



Iron Ore’s Cautious Evolution

Iron ore was in the spotlight during the 19th trading week of the year, from esoteric new hedging opportunities to derailed grassroots iron ore deals.




Lydian Gets 25-Year Mining Licence In Armenia

Lydian International (LYD-T, LYDIF-O) has been granted a 25-year mining licence for its Amulsar gold project by the government of Armenia — one of the first licences granted under the country’s new m…


U. S. Markets – May 12-18

Data showing that new U. S. housing starts and permits unexpectedly slid to record lows in April — the worst in fact since 1959 — is further proof if anyone needed any that the U. S. economy is far …


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