MINING.COM

The iron ore price is falling again

Shares in producers are dumped after price of iron ore falls 2% to fresh 22-month on more bad economic news from top consumer China.

Frik Els | June 12, 2014 | 7:31 pm

China’s Baosteel faces competition in bid for Aquila Resources

Mineral Resources, which also operates small iron ore mines, now owns a 12% stake in Aquila.

Cecilia Jamasmie | June 11, 2014 | 4:34 pm

Asteroids mined for fuel to generate trillion dollar market, says firm

Orbiting spacecraft could be refuelled with water taken from asteroids—but some experts doubt the economics.

Cecilia Jamasmie | June 11, 2014 | 10:00 am

Canadians losing enthusiasm for building closer ties with Asia

In 2013, 45% of Canadian surveyed said they felt Chinese investment would benefit Canada. In 2014, that number dropped to 35% in 2014, the lowest in a decade.

Business in Vancouver | June 10, 2014 | 9:21 pm

‘Peaking’ supply surge to lift iron ore price above $100

Research note from Citi sees $90 as support and a move back above $100 in Q4, but UBS warns on collateralized loans.

Frik Els | June 10, 2014 | 7:24 pm

BHP Billiton a step closer to selling-off non-core operations

World's largest mining company said to be unloading all of the non-core units acquired after the merger with Billiton 13 years ago.

Cecilia Jamasmie | June 10, 2014 | 6:48 pm

After scandal, copper price could follow iron ore over cliff

Beijing is probing the fraudulent use of copper in financing deals which could see vast "off-market" stockpiles dumped onto already soft market.

Frik Els | June 8, 2014 | 10:58 pm

Quebec commits up to $20 million for new Labrador Trough rail line

The government has set aside a maximum of $20 million from its Northern Plan Fund to estimate costs and define the best railway option for the iron-ore rich region.

Cecilia Jamasmie | June 6, 2014 | 7:12 pm

STOP LOSS: Iron ore price recovers 3% for the week

After eight straight weeks of declines and the first dip below $100 since 2012, the price of iron ore starts clawing its way back.

Frik Els | June 6, 2014 | 7:08 pm

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Most valuable steel mill in India sees iron ore drop to $60

Brazilian state signs $2.2bn ‘mega-dam’ deal with Chinese miner – report

Vale partially halts work at second-largest iron ore mine

South African mining output rises for first time in nine months

Mitsui to expand LNG, iron ore assets despite signs of slowing economies

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