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Cliffs Natural considering closure of Quebec iron mine at cost of up to US$700M

CLEVELAND - Cliffs Natural Resources Inc (NYSE:CLF) says it may close the Bloom Lake mine near Fermont, Que at a cost of up to $700 million, and exit its iron ore operations in Eastern CanadaThe mine is about 975 kilometres northeast of.

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Wealth of iron ore in Guinea’s Simandou buried by corruption, politics

Simandou has been called the El Dorado of iron ore, but with a racketeering case and corruption probes under way, the resource might remain untapped for some time

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Shrinking iron ore imports point to China’s slowdown

China’s iron ore imports contracted last month, more evidence of a deepening slowdown in China

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Baffinland Iron Mines preparing for ore shipments

Baffinland Iron Mines Corp's Mary River mining project is geared to produce 35 million tonnes of treated ore annually for a total investment (including the shipping port at Milne Inlet) of about $750 million

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African Minerals eyes lucrative Europe with iron ore deal

By Roshni Menon Nov 3 (Reuters) - African Minerals Ltd is exploring the possibility of blending its iron ore with products from another mine in Sierra Leone .

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Rio Tinto raises iron ore production targets despite global metal gloom

Mining giant Rio Tinto defied falling metal prices and said it would increase iron ore production by as much as 7% this year, taking advantage of its position as the producer with the lowest costs in the world

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Iron ore sinks like a stone in world markets

The price of iron ore has plunged to its lowest level in a decade, as sluggish Chinese demand for the.

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A Chinese flower show has been blamed for spike in the price of iron ore

The price of iron ore rocketed 20% on Monday to $6260 per tonne

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Iron miners’ shares hit record lows as ore prices tumble

The operations at the four largest suppliers are on the verge of making losses as iron ore hits break-even costs of below $40 a tonne

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When a slump hits a vast iron ore mine

The reality of life in a vast iron ore mine during lean times

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Rio Tinto raises iron ore production targets despite global metal gloom

Mining giant Rio Tinto defied falling metal prices and said it would increase iron ore production by as much as 7% this year, taking advantage of its position as the producer with the lowest costs in the world

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Iron ore and the dangers of living by the sword: Andy Home

LONDON, Nov 7 (Reuters) - The price of spot iron ore has sunk to $7550 per tonne this week, its lowest level since 2009 The scale of the pri.

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Iron ore stages freakish rally: What you need to know before markets open

But North American stocks are fizzling this morning after ending last week with the best winning streak of the year

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China hopes spark iron ore recovery

The price of iron ore recorded its biggest daily rise yesterday after a surge in optimism about the Chinese economy.

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South Africa's largest producer of iron ore Kumba suffers 30% profits slump as low costs bite 

Kumba Iron Ore – South Africa’s largest producer of the steel-making material – reported profits tumbled 29 per cent to £620million for 2014

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Plunging iron ore prices opened door to merger

At the heart of any potential merger between Glencore and Rio Tinto is iron ore The product provides about 85.

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Mauritania's Iron Ore Train: World's most dangerous train

Take a ride on board Mauritania's Iron Ore Train, deemed by many to be the most dangerous railway in the world

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BHP Billiton ramps up cost-cutting plans as iron ore prices fall

BHP shares fell 41p to 1621p after the firm said its forecast for capital spending would be cut by 4 per cent to £904billion for the current financial year

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Iron’s in the fire as ore price follows Chinese markets’ downward spiral

The Chinese stock market panic spread to iron ore yesterday, amid mounting concern about the state of the world’s second-largest.

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Rio Tinto unfazed by falling iron ore prices, says CEO

By Jane Lanhee Lee BEIJING, Nov 8 (Reuters) - Global miner Rio Tinto , which gets 92 percent of its revenue from iron ore, is unfazed by the drop in ore pric.

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FMG founder blames miners for iron ore price drop

Andrew Forrest, founder and chairman of Fortescue Metals Group, talks to the FT's Mark Wembridge about modern slavery, the slump in the iron ore price and Australia's relationship with China

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