As metal trade shrinks, exchanges fight back with new products

The International Monetary Fund and Standard and Poor's, in turn, predict prices for the steelmaking material are set to fall even further.

Up 3.2% on Monday after commodity trade data surprise.

Four months after shutting down its Bloom Lake iron ore mine as part of a plan to exit Eastern Canada amid low commodity prices, U.S. miner Cliffs Natural Resources (NYSE:CLF) is about to divest itself of more Canadian assets.

Atlas Iron is shutting down its operations due to low iron ore prices, the company announced on Friday.

After 700 million tonnes shipped, the Great Northern Iron Ore Properties trust set up by railroad baron James J Hill in 1906 was terminated this week.

Davis is said to be finalizing talks with a Toronto-listed miner, in a deal that could kick-off a long awaited buying spree.

On the last of a three-day national hearing, BHP and Rio acknowledged they were in ongoing discussions with auditors from the Australian tax authority.

150 workers let go as at Rio Tinto-owned mine in Labrador West and Quebec.

Quebec's $1 billion Capital Mines Hydrocarbures fund is close to buying equity stakes in mining projects outside iron ore worth as much as $200m a shot.