MINING.COM

Rio Tinto claims it will ‘thrive’ on lower iron ore prices

The miner defended his decision to boost production, which has led to sinking prices and threatens to put some competitors out of business.

Cecilia Jamasmie | April 17, 2015 | 3:11 am

Iron ore price back below $50 after Chinese property shock

GDP slowdown was expected but China's property sector, responsible for half of steel demand, is in a tailspin as Q1 unsold inventory rises 24%.

Frik Els | April 15, 2015 | 11:32 am

Asteroid miner puts first demonstration spaceship in orbit

The Arkyd 3 Reflight (A3R) will spent three month in orbit trying to identify subsystems to explore and prospect for valuable resources on asteroids.

Cecilia Jamasmie | April 15, 2015 | 7:00 am

Citi’s ‘end of the Iron Age’ note triggers waves of downgrades

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

Cecilia Jamasmie | April 14, 2015 | 8:30 am

Iron ore price surges on Chinese import growth

Up 3.2% on Monday after commodity trade data surprise.

Frik Els | April 13, 2015 | 10:06 am

Cliffs puts more Canadian assets on the block

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.

Andrew Topf | April 12, 2015 | 3:20 pm

Atlas Iron shuts down production on low iron ore price

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

Andrew Topf | April 12, 2015 | 2:52 pm

Minnesota iron ore trust dissolves after 108 years

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.

Frik Els | April 10, 2015 | 12:44 pm

Mick Davis first deal to land in Canada: report

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

Cecilia Jamasmie | April 10, 2015 | 8:00 am

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