Cliffs Natural Resources does not expect a flood of new supply in the Great Lakes iron-ore pellet market over the next few years, the company's CE said on Wednesday, playing down concerns expressed by some analysts. Credit Suisse and Morgan Stanley both warned earlier this year that a looming pellet surplus...

The Mining Association of Canada (MAC) on Wednesday appointed its first female chairperson in its 78-year history, by electing Iron Ore Company of Canada’s president and CEO Zoë Yujnovich to serve a two-year term. Effective immediately, Yujnovich replaced former Xstrata Nickel CEO Ian Pearce, who had served as chairperson from June...

CapitalAsia Investment Holdings Group on Wednesday signed a nonbinding memorandum of understanding to buy potash from project developer Pacific Potash Corp, if its flagship project in the Brazilian state of Amazonas gets built. Under terms of the agreement, which would last for a maximum of 20 years and would be formalised...

Few in the Canadian mining sector have had much to celebrate so far this year; the bear market lumbers on, while liquidity remains in the doldrums. Compounding matters is the uncertainty surrounding metal prices, which has “turned investors risk averse, leading to a challenging market for capital access”, Ernst & Young...