Canadian Mining Journal

Iron Ore

  • News

    Deep mines in Sweden considered microbial graveyards

    June 8, 2021 by MINING.COM Staff

    Igneous rocks have been hosting microbial life for millennia, a new paper published in the journal Communications Earth & Environment reveals.  In the study, an international team of researchers shares findings of fossils of microorganisms of prokaryotic and eukaryotic origin

  • Iron ore price tops US$200 amid further deterioration of China-Australia relations

    May 6, 2021 by MINING.COM Staff

    Iron ore prices jumped to a fresh high on Thursday after China “indefinitely” suspended all activity under a China-Australia Strategic Economic Dialogue, in the latest setback to the strained relations between Beijing and Canberra. Benchmark 62% Fe fines imported into Northern China (CFR

  • News

    World iron ore output to rise 5.1% by 2025: GlobalData

    May 5, 2021 by Canadian Mining Journal

    The latest report from GlobalData in the United Kingdomoutlines a 5.1% growth in global iron ore output  to 2.66 billion tonnes between 2021 and 2025. The firm used a compound annual growth are of 3.7%. The biggest growth with occur

  • Champion Iron reports record Bloom Lake production

    April 29, 2021 by Canadian Mining Journal Staff

    Production at Champion Iron‘s (TSX: CIA; ASX: CIA) Bloom Lake iron ore mine near Fermont, Que., inched upward 1% in the year ended Mar. 31, 2021 to a record 8 million wet metric tonnes (wmt) of 66.4% iron ore concentrate

  • News

    Vale buys Mitsui’s stake in Moatize amid plan to exit coal

    April 20, 2021 by Cecilia Jamasmie

    Vale SA (NYSE: VALE) has inked a deal to acquire Mitsui & Co’s stake in the Moatize metallurgical and thermal coal mine and port project in Mozambique, as the Brazilian miner works to exit the fossil fuel and become carbon

  • News

    Exclusive iron ore port could boost Vale expansion plan

    March 22, 2021 by Bruno Venditti

    The global production of iron ore products reached 2.2 billion tonnes in 2020 and is expected to reach 2.35 billion tonnes in 2021, according to Fastmarkets. Despite the Covid-19 pandemic, China has imported a record amount of iron ores, pushing

  • News

    Vale starts operations at Vargem Grande filtering plant

    March 18, 2021 by MINING.COM Staff

    Vale (NYSE: VALE) has gradually started operations at a waste filtering plant in the Vargem Grande complex, the first of four the company plans to install at sites in Minas Gerais, Brazil, at a cost of US$2.3 billion between 2020 and

  • News

    Labrador Iron releases PEA on construction-ready Houston in eastern Canada

    March 9, 2021 by Canadian Mining Journal Staff

    A preliminary economic assessment from Labrador Iron Mines Holdings (OTC: LBRMF) on its 52%-held Houston project on the Labrador-Quebec border suggests a 12-year open pit producing 2 million tonnes per year of material grading 62% iron. With a year-round mining

  • News

    Friedland-backed HPX to fast-track Guinea iron ore project

    March 9, 2021 by Cecilia Jamasmie

    Billionaire Robert Friedland-backed High Power Exploration (HPX) said on Monday it had raised $200 million for its proposed Nimba iron ore mine in southeastern Guinea, home to some of the world’s highest-grade deposits, including the giant Simandou. The funds received will

  • News

    Rio Tinto to attempt producing low-carbon iron in Canada

    February 18, 2021 by Cecilia Jamasmie

    The world’s second largest miner Rio Tinto (ASX, LON, NYSE: RIO) has teamed up with two European companies to explore production of low-emissions hot briquetted iron (HBI) in Canada, amid increasing pressure from stakeholders to make steelmaking a more environmentally-friendly

  • News

    Rio Tinto to tackle customers emissions, issues biggest dividend ever

    February 17, 2021 by Cecilia Jamasmie

    Rio Tinto (ASX, LON, NYSE: RIO) has rewarded investors with the biggest dividend in its 148-year history and laid out plans to tackle the vast carbon footprint of its global customers, in an effort to leave behind what its new

  • News

    Iron ore price jumps as Vale reports low output

    February 4, 2021 by MINING.COM Staff

    Iron ore futures jumped on Thursday, after Vale reported fourth-quarter output of 84.5 million tonnes, a 5% decline over the third quarter (when it generated 88.6 million tonnes). According to Fastmarkets MB, benchmark 62% iron fines imported into northern China (CFR Qingdao)