Canadian Mining Journal


Iron Ore


  • Cleveland Cliffs to acquire AK Steel in all-share deal worth US$1.1B

    December 10, 2019 by Trish Saywell

    U.S. iron ore producer Cleveland Cliffs is acquiring AK Steel in an all-share transaction valued at US$1.1 billion. Cliffs, North America’s largest producer of iron ore pellets, is offering shareholders of mid-tier steelmaker AK Steel 0.40 shares of Cliffs’ common stock for

  • News

    IRON ORE: Rio Tinto okays US$749M investment in Pilbara mine

    November 27, 2019 by Canadian Mining Journal

    AUSTRALIA – Rio Tinto has approved a US$749 million (A$1 billion) investment in its existing Greater Tom Price iron ore operations to sustain production capacity at the mine in the Pilbara of Western Australia. The funds will be invested in

  • IRON ORE: High Power Exploration raises US$88 million

    November 20, 2019 by Northern Miner Staff

    VANCOUVER – Robert Friedland’s High Power Exploration has closed a US$88-million equity investment from an undisclosed U.S.-based institutional investor that will allow the privately held company to fast track development of its Nimba iron ore project in southeastern Guinea. The company says

  • News

    IOCG: Go Metals finds multiple untested zones at Monster

    October 9, 2019 by Canadian Mining Journal

    YUKON – Vancouver-based Go Metals Corp. has identified several untested iron oxide-copper-gold targets at its 100% owned Monster property in the Dawson mining district. Go Metals noted that the alteration and mineralization at Monster is similar to that of the

  • ENVIRONMENT: Rio Tinto signs MOU with Chinese steelmaker to improve performance

    September 25, 2019 by Canadian Mining Journal

    CHINA – Rio Tinto has signed a memorandum of understanding with this country’s largest steel producer, China Baowu Steel Group, and Tsinghua University to develop and implement new methods to reduce carbon emissions and improve environmental performance in the iron

  • News

    FERRO-NICKEL: Horizonte shares rise on Orion financing

    September 10, 2019 by Northern Miner Staff

    BRAZIL – Orion Mine Finance is handing over US$25 million in cash in exchange for a 2.25% royalty on Horizonte Minerals’ Araguaia project, one of the largest undeveloped ferro-nickel projects in the world. The royalty applies only to the first 426,429

  • News

    MATERIALS HANDLING: ThyssenKrupp ships ore handling system for Baffinland’s port

    August 28, 2019 by Canadian Mining Journal

    NUNAVUT – ThyssenKrupp Industrial Solutions is developing and building a new materials handling system for one of the most remote and challenging locations in the world – an iron ore port in northern Canada. Recently, the first plants were shipped

  • News

    IRON ORE: Champion ships 10-millionth tonne from Bloom Lake

    August 12, 2019 by Canadian Mining Journal

    QUEBEC – Champion Iron of Montreal says its 63.2% owned subsidiary Quebec Iron Ore has shipped its 10th million tonne of  high grade iron concentrate from the Bloom Lake project near Fermont through the Port of Sept-Iles. The concentrate grades

  • News

    NICKEL-IRON: Met tests of Baptiste yield better recovery rates says FPX

    August 6, 2019 by Canadian Mining Journal

    BRITISH COLUMBIA – Vancouver-based FPX Nickel says recent testing puts the nickel recovery rate from its Decar nickel-iron project at 94%. Samples from the Baptiste deposit were ground to 80% passing 90 microns to reach the 94% rate, compared to

  • IRON ORE: M3 Metals takes a second look at Block 103

    August 6, 2019 by Canadian Mining Journal

    Vancouver — M3 Metals has engaged Hatch to update a 2013 preliminary economic assessment (PEA) on its Block 103 iron ore project in the Labrador Trough, Nfld. M3, which changed its name from ML Gold in July to reflect its

  • News

    IRON ORE: Champion Iron unearths 33.4% IRR for Bloom Lake expansion

    June 20, 2019 by Canadian Mining Journal

    QUEBEC – Montreal’s Champion Iron must like the feasibility study done for the phase two expansion of its Bloom Lake iron mine 400 km north of Sept-Iles, near the town of Fermont. The after tax internal rate of return is

  • IRON ORE: Champion aims to acquire 100% of Bloom Lake following refinancing

    May 29, 2019 by Canadian Mining Journal

    QUEBEC – Champion Iron of Montreal wants to own 100% of the Bloom Lake iron ore project 400 km north of Sept-Iles. A subsidiary will pay partner Ressources Quebec, which holds a 36.8% interest on behalf of the provincial government,