Baffinland's controversial and massive Mary River iron ore mine in the Qikiqtani Region of Nunavut —almost 500 kilometres inside the Arctic circle— continues to polarize residents as the $4 billion project awaits its final approval.
Russia’s state-owned diamond company Alrosa said its board approved the sale of 51% of its Timir iron-ore unit in Siberia to Evraz Plc (EVR), the steelmaker part-owned by mining billionaire Roman Abramovich.
No U.S. president has waxed as poetically about mining the moon the way John F. Kennedy did about landing on it. But that didn't stop four entrepreneurs from making their best pitches Sept. 11 to two empty chairs.
Sinking global commodity prices have negatively impacted Canada’s North near-future mining outlook, but longer-term prospects for the industry in the three territories remain strong.
The 93 mines in India's richest state of Goa, 90 of which are iron ore producers, have been force to halt operations after a government-backed inquiry said they were illegal and didn’t have the basic environmental permits to operate.