April Simandou auction amid new low in iron ore price
Iron ore fell to a new 7-year low on Tuesday, but Guinea is pressing ahead with the auction of north Simandou, the richest undeveloped deposit in the world.
Iron ore fell to a new 7-year low on Tuesday, but Guinea is pressing ahead with the auction of north Simandou, the richest undeveloped deposit in the world.
Once a $70 share, Molycorp investors on Tuesday were dumping holdings at 49c after cash burn rate showed maybe two quarters left without injection.
Facing intense public pressure to ensure tailings are handled, stored and monitored better, the Mining Association of Canada (MAC) has taken the bull by the horns.
Better production numbers at its California mine couldn't stop the red ink at rare earth miner.
Former Anglo-exec running hedge fund's mining business wants to follow up Talvivaara nickel acquisition with zinc, nickel, copper and coking coal deals.
Silver produced in concentrate was 5.2 million ounces and 20.3 million ounces during the fourth quarter and year ended December 31, 2014, respectively.
Down 1.4% Wednesday to lowest since 2007 on Chinese forecast of peak steel production and contraction.
During the lunch session at the Subscriber Summit, we invited Mr. Gabel for an interview. Energy and Gold wanted to share some of Mr. Gabel’s oilpatch expertise and outlook with readers.
The probable kidnapping of 4 workers at Goldcorp's Los Filos mine is just the latest in a string of mine incidents in Guerrero, Mexico's most violent state.
The iron ore price suffered another steep decline on Friday, falling to the lowest since November 2008 when the SteelIndex benchmark was first introduced.