Canadian Mining Journal

Iron Ore

  • PDAC 2020: Covid-19 weighs on mining outlook for 2020

    March 2, 2020 by Alisha Hiyate

    It’s usually difficult to find a seat at the commodities session on the opening day of the Prospectors and Developers Association of Canada (PDAC) convention held in early March in Toronto, but there was a noticeably smaller crowd at this

  • News

    AUTOMATION: Epiroc and ASI to automate fleet at Australian mine

    February 12, 2020 by Canadian Mining Journal

    SWEDEN – Epiroc, a productivity partner for the mining industry, has signed a contract with the Roy Hill iron ore mine in western Australia to deliver a fully automated haul truck solution to the 55-million-tonne-per-year operation.  Epiroc, in partnership with

  • REPORT: McKinsey outlines climate risks

    January 29, 2020 by Canadian Mining Journal

    A new report by global consultancy McKinsey & Co. looks at three key questions the mining sector needs to address in light of climate change. Entitled Climate risk and decarbonization: What every mining CEO needs to know, the report details

  • SHIPPING: Is a diesel supply shock coming?

    December 23, 2019 by David Boleneus

    New ocean shipping regulations could have a big impact in the new year Under International Maritime Organization (IMO) rules that come into effect on Jan. 1, 2020, emissions from fuel used in ocean carriers cannot exceed a sulphur content of

  • 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