Canadian Mining Journal


Iron Ore


  • News

    Champion Iron buys Bloom Lake

    December 16, 2015 by Canadian Mining Journal

    Champion Iron (TSX:CIA; ASX:CIA) is taking advantage of the commodities crash to snatch the shuttered Bloom Lake iron ore mine for a fraction of its previous purchase price. Champion recently agreed to buy the mine, related rail and mineral assets in

  • News

    Cliffs closes Northshore operation amid weak iron ore demand

    November 23, 2015 by Canadian Mining Journal

    Cliffs Natural Resources (NYSE: CLF), the largest U.S.-based iron ore producer, said it was temporarily closing its Northshore Mining operation in Minnesota by Dec. 1, to reduce its record high inventory levels amid weaker iron ore demand in the U.S. and

  • NICKEL-IRON: First Point regains 100% of Decar project

    November 19, 2015 by Canadian Mining Journal

    BRITISH COLUMBIA – First Point Minerals Corp. of Vancouver has competed the transaction to regain 100% control of the Decar nickel-iron project 80 km north of Fort St James. First Point has paid US$4.75 million to repurchase the 60% of the

  • News

    IRON ORE: Another way to approach mine development

    November 10, 2015 by Canadian Mining Journal

    MONTREAL – “I believe the traditional model for project assessment and development that relies on a net present value economic assessment based solely on economic inputs and outputs as the standard units of measure is no longer viable, nor sustainable,

  • BHP and Vale scramble to cope with Samarco disaster

    November 10, 2015 by Canadian Mining Journal

    VANCOUVER — Mining giants BHP Billiton (NYSE: BHP; LON: BLT) and Vale (NYSE: VALE) haven’t offered much detail relating to a large scale tailings dam breach at the Samarco iron ore joint venture in Brazil’s Minas Gerais State, but reports already indicate it will likely

  • News

    IRON ORE: Rockex updates Lake St. Joseph PEA to $9.4B NPV before tax

    October 15, 2015 by Canadian Mining Journal

    ONTARIO – Toronto-based Rockex Mining Corp. has updated the preliminary economic assessment for its Lake St. Joseph iron project 100 km northeast of Sioux Lookout. At a pre-tax, 6% discount the project could have a net present value of $9.42

  • News

    Oceanic Iron Ore gets interest from China’s Sinohydro

    October 7, 2015 by Canadian Mining Journal Editor

    Sinohydro, one of China’s oldest state-owned enterprises set up shortly after Chairman Mao Zedong’s Communist party swept to power in 1949, says it is “willing and ready” to become an equity shareholder in Oceanic…

  • News

    NICKEL-IRON: First Point, Cliffs rejig Decar project deal

    August 10, 2015 by Canadian Mining Journal Editor

    BRITISH COLUMBIA – First Point Minerals Corp. of Vancouver and Cliffs Natural Resources of Cleveland, OH, have amended their agreement covering the Decar nickel-iron project 80 km north of Fort St James. It is now a contractual joint venture…

  • News

    IRON ORE: Penguin Lake tests creates clean, 65% Fe concentrate

    April 28, 2015 by Canadian Mining Journal Editor

    QUEBEC – Metallurgical tests carried out on samples of mineralized material from the Penguin Lake project resulted in a clean, 65.3% Fe concentrate. The Penguin Lake project, in the southern Labrador Trough, is owned by Champion Iron and…

  • News

    DEVELOPMENT: Adriana Announces Completion of the Feasibility Study on the Lac Otelnuk Project

    April 23, 2015 by Canadian Mining Journal Editor

    TORONTO – Adriana Resources Inc. is pleased to announce that it has completed a Feasibility Study (“FS”) on the Lac Otelnuk Iron Ore Project (“LOM Project”) located in Nunavik, Québec. Lac Otelnuk Mining Ltd. (“LOM”) is a joint…

  • IRON ORE: Production shows increase in 2015

    April 21, 2015 by Canadian Mining Journal Editor

    TORONTO: Labrador Iron Ore Royalty Corporation just announced that Iron Ore Company of Canada has released production and sales figures for the first quarter of 2015 as below:

  • News

    IRON ORE: Tata buys LIM’s share of Howse venture

    April 6, 2015 by Canadian Mining Journal Editor

    LABRADOR – Montreal-based Tata Steel Minerals Canada has acquired the remaining 49% of the Howse joint venture. It bought out its partner, Labrador Iron Mines Holdings, for $5 million in cash. The buyout complied with the terms of the…