MINING.COM

Cliffs restructures Bloom Lake iron ore mine, seeks creditor protection

Chief Executive Lourenco Goncalves said restructuring proceedings have begun in Montreal and sale options will be explored.

Cecilia Jamasmie | January 27, 2015 | 8:03 pm

Another day another iron ore price drop

Another slide on Tuesday drops iron ore price 13.4% year to date, but latest forecasts see another double digit dip from current levels.

Frik Els | January 27, 2015 | 6:44 pm

Congo risking billions with planned tax hike, mining code revision

The central Africa nation may also lose its position as the continent’s top copper producer.

Cecilia Jamasmie | January 27, 2015 | 12:25 pm

The bottom is falling out of the iron ore price

Down 4% to fresh five-and-half year low.

Frik Els | January 26, 2015 | 11:53 pm

Cliffs Natural removes quarterly dividend to repay debt

It also said it has reduced its net debt balance by more than $400 million.

Cecilia Jamasmie | January 26, 2015 | 11:55 am

Mining stocks fall as copper, iron ore price reach new lows

Heavy selling across the board as commodities reach fresh multi-year lows, forecasts are slashed and weakness returns to precious metals.

Frik Els | January 24, 2015 | 12:59 am

Anglo American mulls sale of more coal mines in Australia

The operations that may be added to the list of assets for sale are Dawson and Foxleigh, in Queensland.

Cecilia Jamasmie | January 23, 2015 | 5:17 pm

Anglo hit by platinum, iron ore units lower earnings outlooks

The miner shed over 3.7% after two of its business divisions — Amplats and Kumba — warned they expected full-year earnings to shrink more than previously flagged.

Cecilia Jamasmie | January 23, 2015 | 3:30 pm

World Bank: Commodities falling like it’s 1985

Organization predicts a rare occurrence in 2015: a decline in all nine commodity indices with industrial metals falling another 5%; precious metals down 3%.

Frik Els | January 23, 2015 | 12:17 am

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Brazil state authority defends licensing Anglo American facility expansion

Brazil court releases $10m in frozen funds to Vale for studies on Brumadinho

Brazil CSN revives plan for mining unit IPO

The best places to mine are still in the developed world – and that’s a problem

Sierra Leone iron ore crisis creates debt-racked ghost town

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