Sajid Javid said apos co investment apos was an option for saving the plantCLEVELAND Cliffs Natural Resources Inc NYSE CLF says it may close the Bloom Lake mine near Fermont Que at a cost of up to $700 million and exit its iron ore operations in Eastern CanadaThe mine is about 975 kilometres northeast of Vale SA reported record ironore production beating analyst estimates as the world s biggest mining companies continue defying a collapse in prices by increasing output Iron ore output rose 29 per cent to 882 million metric tons in the third
More InfoWhat next for large producers who flooded markets with low cost supply BHP shares fell 41p to p after the firm said its forecast for capital spending would be cut by 4 per cent to £904billion for the current financial year
More InfoThe price of iron ore rocketed 20 on Monday to $ per tonneShareholders in Ferrexpo are unlikely to have a great weekend The Ukrainian iron ore producer plunged 19p or 32 per
More InfoBHP shares fell 41p to p after the firm said its forecast for capital spending would be cut by 4 per cent to £904billion for the current financial yearThe mining industry took a giant step closer to an iron ore price war last night when BHP Billiton threw
More InfoNew terminal designed to cut cost of selling iron ore to key consumer ChinaShareholders in Ferrexpo are unlikely to have a great weekend The Ukrainian iron ore producer plunged 19p or 32 per
More InfoBrent crude which has been hit by months of global over production rose as high as $ per barrel as output showed increasing signs of slowing downLONDON Nov 7 Reuters The price of spot iron ore has sunk to $ per tonne this week its lowest level since The scale of the pri
More InfoWe hear it all the time whenever the arguments are made for space travel and interplanetary commerce We can mine the asteroids and comets and sell the ores for millions of dollars In reality these pronouncements tend to underestimate both Weighed down by a ton of debt the grand old dame of South African mining Anglo American is putting its iron ore coal and nickel mines up for sale along with its niobium and phosphate deposits
More InfoThe price of iron ore rocketed 20 on Monday to $ per tonneBrent crude which has been hit by months of global over production rose as high as $ per barrel as output showed increasing signs of slowing down
More InfoLONDON Nov 7 Reuters The price of spot iron ore has sunk to $ per tonne this week its lowest level since The scale of the pri The Toronto stock market advanced for a fourth day Wednesday amid a strong earnings report from grocer Metro Inc while traders await the mid afternoon release of minutes from a recent US Federal Reserve meeting on interest rates
More InfoTake a ride on board Mauritania s Iron Ore Train deemed by many to be the most dangerous railway in the worldVale SA reported record ironore production beating analyst estimates as the world s biggest mining companies continue defying a collapse in prices by increasing output Iron ore output rose 29 per cent to 882 million metric tons in the third
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