August 20, 2012

That $110 iron ore price floor: Gone!

Iron ore has only enjoyed three up trading days over the last six weeks.

August 20, 2012

Century Iron announces intention to make normal course issuer bid

The company announced today that it intends to make a bid to purchase certain of its outstanding common shares. As at August 15, 2012 there were 94,864,071 commonsShares issued and…

August 20, 2012

Iron ore red alert: China’s steel output could shrink for the first time in 31 years

Given Chinese officials' penchant for painting rosy economic pictures, it is something of a big deal when a state-backed institution such as the China Iron and Steel Association makes such…

August 19, 2012

Glasenberg won’t budge on Xstrata

Glasenberg’s determination to continue with the offer as originally planned comes amid growing signs that Xstrata is more confident of its position on a stand-alone basis.

August 19, 2012

First Karnataka iron ore mine restarts, but export ban stays

The restart of iron ore mining in Karnataka amid multi-year low prices for the commodity is not seen to impact the global seaborne trade in the near-term.

August 18, 2012

Exclusive Analysis: Platinum violence could spread to South Africa’s coal, iron mines – gold safe for now

More than just rivalry between unions, the platinum mine violence in South Africa has implications for the ruling ANC alliance.

August 18, 2012

Ridgemont intersects significant iron mineralization and expands program at Lac Virot

"We are extremely encouraged by these early drilling results, as they appear to confirm our original geologic interpretation of the significant iron mineral resource potential at Lac Virot."

August 17, 2012

All-aluminum Range Rover is 926 lbs lighter

All-aluminum uni-body cars are starting to go mainstream.

August 17, 2012

Iron ore testing $110 support as Chinese steel contracts drop to record low

Iron ore has only enjoyed three up days over the last six weeks of trading.

August 16, 2012

China’s expansion a risk for Western mining interests in Africa

China's rapid expansion in the African continent brings both risk and peril to Western mining companies operating in the region.